Loading...
AHR logo

American Healthcare REIT, Inc.NYSE:AHR Stock Report

Market Cap US$11.6b
Share Price
n/a
1Y29.4%
7D-5.2%
1D-0.2%
Portfolio Value
View

American Healthcare REIT, Inc.

NYSE:AHR Stock Report

Market Cap: US$11.6b

American Healthcare REIT (AHR) Stock Overview

A Maryland-based self-managed REIT, owns and operates a diversified portfolio of clinical healthcare real estate across the U.S., U.K., and the Isle of Man. More details

AHR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance3/6
Financial Health4/6
Dividends3/6

AHR Community Fair Values

Create Narrative

See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

American Healthcare REIT, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for American Healthcare REIT
Historical stock prices
Current Share PriceUS$52.59
52 Week HighUS$58.70
52 Week LowUS$39.68
Beta0.77
1 Month Change-3.24%
3 Month Change2.84%
1 Year Change29.37%
3 Year Changen/a
5 Year Changen/a
Change since IPO297.81%

Recent News & Updates

Seeking Alpha Aug 07

American Healthcare REIT:  Riding Major Tailwinds And Performance Strength

Summary American Healthcare REIT is well-positioned for growth, benefiting from robust sector fundamentals and demographic tailwinds in senior housing. AHR demonstrates strong same-store NOI growth, disciplined balance sheet management, and an active acquisition pipeline focused on distressed SHOP assets. Despite impressive performance and macro tailwinds, I rate AHR a Hold due to strong competition, aging properties, and a relatively passive acquisition strategy. While AHR offers probable low double-digit returns, more attractive opportunities exist within the senior housing REIT sector. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha Aug 07

American Healthcare REIT:  Riding Major Tailwinds And Performance Strength

Summary American Healthcare REIT is well-positioned for growth, benefiting from robust sector fundamentals and demographic tailwinds in senior housing. AHR demonstrates strong same-store NOI growth, disciplined balance sheet management, and an active acquisition pipeline focused on distressed SHOP assets. Despite impressive performance and macro tailwinds, I rate AHR a Hold due to strong competition, aging properties, and a relatively passive acquisition strategy. While AHR offers probable low double-digit returns, more attractive opportunities exist within the senior housing REIT sector. Read the full article on Seeking Alpha
Narrative Update Jul 21

AHR: Equity Raise And Index Shift Will Shape Balanced Return Outlook

Analysts have slightly raised their price target for American Healthcare REIT to about $60 per share, up from roughly $59, reflecting updated assumptions around revenue growth, margins, and the stock's future P/E multiple. What’s in the News Barclays initiated coverage on American Healthcare REIT with an overweight rating and a US$61.00 price target, citing the company’s RIDEA exposure and acquisition pipeline as key factors.
Narrative Update Jun 18

AHR: Equity Offering And Strong Q1 Performance Will Support Future Returns

Analysts have kept their fair value estimate for American Healthcare REIT steady at about $58.85 per share, while modestly adjusting assumptions around the discount rate, revenue growth, profit margin, and future P/E to reflect updated views on the company’s long term financial profile. What’s in the News for American Healthcare REIT American Healthcare REIT priced an underwritten public offering of 14,000,000 common shares at about US$50.005 per share, with expected gross proceeds of roughly US$705.6m before expenses, and a 30 day option for underwriters to buy an additional 2,100,000 shares.
Narrative Update Jun 03

AHR: Equity Offering And Lower Impairments Will Support Future Earnings

Narrative Update on American Healthcare REIT The analyst price target for American Healthcare REIT has shifted modestly to about $58.85 from roughly $58.08, with analysts pointing to small adjustments in the discount rate, profit margin expectations, and future P/E assumptions to support the new view. What’s in the News American Healthcare REIT priced an underwritten public offering of 14,000,000 common shares, expected to generate approximately US$705.6 million in gross proceeds, with BofA Securities as underwriter and a 30 day option to purchase an additional 2,100,000 shares.
Narrative Update May 16

AHR: Improved Impairment Profile And Equity Access Will Support Earnings Outlook

Analysts have inched their price target on American Healthcare REIT up to about $58. This reflects updated views on slightly higher profit margins, a revised discount rate, and adjusted expectations for revenue growth and future P/E.
Narrative Update Apr 24

AHR: Expanded Equity Access Will Support Earnings Outlook Through Leadership Change

Analysts have made a slight trim to their price target on American Healthcare REIT to $57.92 from $58.08, linking the update to revised assumptions for higher revenue growth, a more modest profit margin, and a similar forward P/E outlook. What's in the News Filed a follow-on equity offering of up to US$1.75 billion in common stock as an at-the-market program, signaling potential ongoing access to equity capital (Key Developments).
Narrative Update Apr 10

AHR: Expanded Equity Access Will Support Earnings Outlook Through Leadership Change

Analysts have reaffirmed their price target on American Healthcare REIT at $58.08 per share, citing largely unchanged fair value, growth, margin and P/E assumptions, with only minor tweaks to the discount rate and long term inputs. What's in the News Filed a follow on equity offering for up to US$1.75b of common stock through an at the market program, giving the company additional access to equity capital if it chooses to issue shares (Key Developments).
Narrative Update Mar 26

AHR: Expanded Equity Program Will Support Earnings Outlook Despite Leadership Transition

Analysts have nudged their price target for American Healthcare REIT slightly higher to about $58.08 from roughly $57.62, reflecting updated assumptions that include a modestly different revenue growth outlook, a higher projected profit margin, and a slightly lower future P/E multiple. What's in the News American Healthcare REIT completed a follow on equity offering totaling about $769.9m across multiple tranches of common stock, including offerings of 2,455,858 shares at $40.96, 5,866,000 shares at $42.61, 659,504 shares at $49.22, and 6,611,272 shares at $48.16, conducted as an at the market program (Key Developments).
Narrative Update Mar 11

AHR: Equity Offerings And Leadership Shift Will Shape Balanced Forward Outlook

Analysts have raised their price target on American Healthcare REIT by about $1.54 to reflect updated assumptions around fair value, discount rate, revenue growth, profit margin and expected future P/E. What's in the News American Healthcare REIT completed a follow on equity offering totaling about $769.9m across multiple tranches of common stock, including 2,455,858 shares at $40.96, 5,866,000 shares at $42.61, 659,504 shares at $49.217375, and 6,611,272 shares at $48.162553 in an at the market structure (Key Developments).
Narrative Update Feb 25

AHR: Leadership Transition And Stable Assumptions Will Shape Forward Opportunity

Analysts have kept their price target for American Healthcare REIT effectively unchanged at about $56.08 per share, reflecting only minor adjustments to their discount rate, revenue growth, profit margin, and forward P/E assumptions. What's in the News American Healthcare REIT, Inc.
Narrative Update Feb 10

AHR: Follow-On Equity Offering Will Support 2025 Guidance And Future Upside

Analysts have nudged their price target on American Healthcare REIT slightly higher to about US$56.08 from roughly US$56, citing modest adjustments to discount rate, revenue growth and profit margin assumptions, while keeping the forward P/E view broadly unchanged. What's in the News CEO and President Danny Prosky has taken a medical leave of absence effective February 3, 2026, following a recent medical event.
Narrative Update Jan 27

AHR: Follow-On Offering Will Support 2025 Guidance And Future Upside

Analysts have trimmed their price target on American Healthcare REIT slightly to about US$56, reflecting updated assumptions around discount rates, revenue growth, profit margins, and a lower future P/E multiple. What's in the News American Healthcare REIT filed a follow-on equity offering of 8,100,000 common shares of its common stock.
Narrative Update Jan 11

AHR: Follow-On Equity Offering Will Support Raised Guidance And Future Upside

Analysts have kept their fair value estimate for American Healthcare REIT steady at US$56.08 per share, citing relatively unchanged assumptions for revenue growth, profit margin and future P/E, along with a slightly adjusted discount rate. What's in the News Completed a follow-on equity offering of 8,100,000 common shares at US$47.75 per share, raising about US$386.775 million (Follow on Equity Offerings) Filed follow-on equity offering documents for 8,100,000 common shares of American Healthcare REIT, Inc.
Narrative Update Dec 24

AHR: Follow-On Equity Offering And Raised Guidance Will Drive Future Upside

Analysts have modestly raised their price target on American Healthcare REIT by approximately 0.1 percent to about $56.08. This reflects slightly improved views on discount rates and long term profit margins, while leaving their fair value estimate effectively unchanged.
Narrative Update Dec 10

AHR: Follow-On Equity Offering Will Support Future Upside Potential

Analysts have slightly lowered their price target on American Healthcare REIT to approximately $56.08 per share from about $56.08 per share, reflecting marginally reduced discount rate and future P/E assumptions while maintaining largely unchanged growth and profitability expectations. What's in the News Completed a follow on equity offering of 8,100,000 common shares at $47.75 per share, raising approximately $386.8 million, with the securities structured as an income trust (Key Developments) Filed a follow on equity offering for 8,100,000 shares of common stock, signaling plans to access additional equity capital (Key Developments) Recorded consolidated impairment charges of $3.8 million on real estate investments for the quarter ended September 30, 2025, reflecting write downs on certain properties (Key Developments) Raised full year 2025 guidance, increasing expected diluted EPS to $0.47 to $0.50, same store NOI growth to 13.0 to 15.0 percent, and net income attributable to common stockholders to $78 million to $83 million (Key Developments) Valuation Changes Fair Value Estimate remains unchanged at approximately $56.08 per share, indicating no revision to the intrinsic value assessment.
Narrative Update Nov 26

AHR: Upcoming Equity Offerings And Raised Guidance Will Drive Momentum

Analysts have raised their price target for American Healthcare REIT from $48.73 to $56.08. They cite a significantly improved revenue growth outlook, even though profit margin projections have been reduced.
Narrative Update Nov 12

AHR: Improved Profit Margins And Lower Discount Rate Will Support Outlook

Analysts have raised their price target for American Healthcare REIT from $46.92 to $48.73. They cite improved profit margins and a lower discount rate as key factors behind the positive revision.
Narrative Update Oct 28

Outlook Will Strengthen As Capital Access And Deal Pipeline Expand

Analysts have slightly increased their price target for American Healthcare REIT, raising it from $46.75 to $46.92. Minor adjustments in key financial assumptions suggest a modestly improved outlook for the company.
Narrative Update Oct 14

Low Supply And Value-Based Care Will Drive Senior Markets

Analysts have raised their price target for American Healthcare REIT from $46.00 to $46.75, citing slight improvements in profit margin forecasts and a marginally higher fair value projection. What's in the News American Healthcare REIT, Inc.
Narrative Update Aug 27

Low Supply And Value-Based Care Will Drive Senior Markets

Despite a notable decline in net profit margin and a sharp increase in future P/E, analysts have raised their fair value target for American Healthcare REIT from $42.45 to $45.27. What's in the News Management reports strong organic earnings growth and a robust pipeline, with over $300 million in awarded deals, focusing acquisitions on high-quality long-term care assets under the RIDEA structure.
User avatar
New Narrative Jul 16

Senior Care Demand And Capital Recycling Will Empower Future Markets

Rising demand for senior care and strategic asset recycling are driving sustained revenue, margin, and earnings growth, supported by favorable demographic trends and limited new supply.

Shareholder Returns

AHRUS Health Care REITsUS Market
7D-5.2%-3.8%1.0%
1Y29.4%28.5%18.4%

Return vs Industry: AHR exceeded the US Health Care REITs industry which returned 26.1% over the past year.

Return vs Market: AHR exceeded the US Market which returned 19% over the past year.

Price Volatility

Is AHR's price volatile compared to industry and market?
AHR volatility
AHR Average Weekly Movement4.3%
Health Care REITs Industry Average Movement4.0%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: AHR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AHR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a121Jeff Hansonwww.americanhealthcarereit.com

American Healthcare REIT, Inc., a Maryland-based self-managed REIT, owns and operates a diversified portfolio of clinical healthcare real estate across the U.S., U.K., and the Isle of Man. Its focus includes senior housing, skilled nursing facilities (SNFs), outpatient medical (OM) buildings, and other healthcare-related properties. The company utilizes a fully integrated management platform and operates senior housing under the RIDEA structure.

American Healthcare REIT, Inc. Fundamentals Summary

How do American Healthcare REIT's earnings and revenue compare to its market cap?
AHR fundamental statistics
Market capUS$11.59b
Earnings (TTM)US$121.02m
Revenue (TTM)US$2.50b
94.7x
P/E Ratio
4.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AHR income statement (TTM)
RevenueUS$2.50b
Cost of RevenueUS$2.02b
Gross ProfitUS$482.94m
Other ExpensesUS$361.92m
EarningsUS$121.02m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.56
Gross Margin19.28%
Net Profit Margin4.83%
Debt/Equity Ratio38.6%

How did AHR perform over the long term?

See historical performance and comparison

Dividends

1.9%
Current Dividend Yield
50%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/12 06:39
End of Day Share Price 2026/08/12 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

American Healthcare REIT, Inc. is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rich HightowerBarclays
Anthony PowellBarclays
Richard HightowerBarclays