American Healthcare REIT (NYSE:AHR) Receives “Market Outperform” Rating from JMP Securities

JMP Securities reiterated their market outperform rating on shares of American Healthcare REIT (NYSE:AHR) in a research note published on Monday morning, Benzinga reports. The brokerage currently has a $16.00 price target on the stock.

Several other equities analysts have also weighed in on the stock. Truist Financial initiated coverage on shares of American Healthcare REIT in a research report on Monday, March 4th. They issued a buy rating and a $17.00 price objective on the stock. Bank of America started coverage on shares of American Healthcare REIT in a research report on Monday, March 4th. They set a buy rating and a $15.00 price target on the stock. Citigroup started coverage on shares of American Healthcare REIT in a research report on Monday, March 4th. They set a neutral rating and a $14.00 price target on the stock. Barclays started coverage on shares of American Healthcare REIT in a research report on Thursday, March 14th. They set an overweight rating and a $18.00 price target on the stock. Finally, KeyCorp started coverage on shares of American Healthcare REIT in a research report on Monday, March 4th. They set an overweight rating and a $16.00 price target on the stock. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average price target of $16.00.

American Healthcare REIT Trading Up 2.7 %

Shares of AHR opened at $14.75 on Monday. American Healthcare REIT has a fifty-two week low of $12.63 and a fifty-two week high of $14.90.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Thursday, March 28th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 6.78%. The ex-dividend date of this dividend is Wednesday, March 27th.

Insider Buying and Selling at American Healthcare REIT

In other news, Director Mathieu B. Streiff bought 83,333 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were purchased at an average cost of $12.00 per share, with a total value of $999,996.00. Following the acquisition, the director now directly owns 90,740 shares in the company, valued at $1,088,880. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

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.