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

American Healthcare REIT, Inc. (NYSE:AHR) announced a quarterly dividend on Thursday, March 20th, 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 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Monday, March 31st.

American Healthcare REIT Price Performance

Shares of American Healthcare REIT stock traded down $0.28 on Thursday, hitting $29.86. 1,823,834 shares of the company traded hands, compared to its average volume of 1,619,017. American Healthcare REIT has a 52 week low of $12.81 and a 52 week high of $30.97. The business has a 50-day simple moving average of $28.68 and a 200 day simple moving average of $27.18. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. The stock has a market capitalization of $4.70 billion and a P/E ratio of -62.20.

Wall Street Analysts Forecast Growth

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

About American Healthcare REIT

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.