American Healthcare REIT, Inc. (AHR) To Go Ex-Dividend on March 31st

American Healthcare REIT, Inc. (NYSE:AHR) declared a quarterly dividend on Wednesday, March 19th, Wall Street Journal reports. Shareholders of record on Monday, March 31st will be paid 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 of this dividend is Monday, March 31st.

American Healthcare REIT Stock Down 0.9 %

NYSE:AHR opened at $29.86 on Friday. The firm has a market capitalization of $4.70 billion and a P/E ratio of -62.20. American Healthcare REIT has a 1-year low of $12.81 and a 1-year high of $30.97. The company’s fifty day moving average price is $28.71 and its 200-day moving average price is $27.20. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37.

Analysts Set New Price Targets

AHR has been the topic of a number of recent analyst reports. Royal Bank of Canada reissued an “outperform” rating and set a $34.00 price target on shares of American Healthcare REIT in a report on Wednesday. JMP Securities set a $35.00 price target on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Morgan Stanley raised their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, December 30th. Finally, Citigroup reissued an “outperform” rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $30.83.

American Healthcare REIT Company Profile

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.