American Healthcare REIT, Inc. Plans Quarterly Dividend of $0.25 (NYSE:AHR)

by · The Cerbat Gem

American Healthcare REIT, Inc. (NYSE:AHR – Get Free Report) announced a quarterly dividend on Wednesday, March 19th, Wall Street Journal reports. Investors of record on Monday, March 31st will be given a dividend of 0.25 per share on Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date is Monday, March 31st.

American Healthcare REIT Stock Down 0.9 %

Shares of NYSE:AHR traded down $0.28 during trading hours on Thursday, hitting $29.86. The company’s stock had a trading volume of 1,823,834 shares, compared to its average volume of 1,619,017. The firm’s fifty day moving average price is $28.68 and its 200 day moving average price is $27.18. American Healthcare REIT has a 52 week low of $12.81 and a 52 week high of $30.97. The company has a market capitalization of $4.70 billion and a price-to-earnings ratio of -62.20. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AHR. Royal Bank of Canada restated an “outperform” rating and set a $34.00 target price on shares of American Healthcare REIT in a report on Wednesday. JMP Securities set a $35.00 price objective on American Healthcare REIT in a research note on Tuesday, March 4th. Citigroup reiterated an “outperform” rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Finally, Morgan Stanley increased their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a research report on Monday, December 30th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $30.83.

View Our Latest Research Report on American Healthcare REIT

About American Healthcare REIT

(Get Free Report)

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.

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