American Healthcare REIT, Inc. (AHR) AI Stock Analysis

• Market Cap: $5.72B
• Dividend Yield: 2.82%
• Average Volume (3M): 1.60M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.65
• Revenue Growth: 11.30%
• EPS Growth: N/A
• Country: US
• Employees: 114
• Sector: General
• Sector Strength: N/A
• Industry: REIT - Healthcare Facilities
• EPS (TTM): -0.04
• Shares Outstanding: 159,496,800
• 10 Day Avg. Volume: 1,466,517
• 30 Day Avg. Volume: 1,599,415
• PEG Ratio: -0.31
• Price to Book (P/B): 0.18
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 11.48
• Enterprise Value/Market Cap: 0.14
• Enterprise Value/Revenue: 0.10
• Enterprise Value/Gross Profit: 0.98
• Enterprise Value/Ebitda: 0.68
• 1Y Price Target: $40.00
• Price Target Upside: 12.99% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 64 Neutral
• Price Target: $38.00 ▲(7.34%Upside)

The overall stock score for American Healthcare REIT, Inc. is driven primarily by its strong technical analysis indicators, suggesting a solid upward trend. However, the financial performance is moderate due to recurring net losses and asset leverage risks. The valuation is a significant concern with a negative P/E ratio, although the dividend yield offers some investor appeal.

Positive Factors

Acquisitions

The company recently completed the purchase of the remaining 24% minority stake in Trilogy for $258 million all-in.

Debt Management

With leverage cut in half within just one year, the company is providing a cleaner path toward both internal and external earnings growth.

Earnings

The stock price is expected to react positively due to a solid earnings beat and one of the biggest guidance raises this quarter.

Negative Factors

Financial Reporting

The income statement published in the earnings press release is missing values for Loss from unconsolidated entities.

Growth Expectations

Lower growth is expected going into 2025.

American Healthcare REIT, Inc. Business Overview & Revenue Model

Company Description

American Healthcare REIT, Inc. (AHR) is a real estate investment trust (REIT) focused on owning and managing a diverse portfolio of healthcare-related properties across the United States. The company primarily invests in medical office buildings, senior housing, skilled nursing facilities, hospitals, and other healthcare facilities. AHR aims to provide stable and growing income to its investors through strategic acquisitions and effective property management in the healthcare sector.

How the Company Makes Money

American Healthcare REIT, Inc. generates revenue primarily through leasing its healthcare properties to healthcare providers and operators. The company earns rental income from long-term leases, which are often structured with inflation escalators or rent increases over time. AHR also benefits from property appreciation and capital gains by strategically acquiring and disposing of assets within its portfolio. Additionally, the company may form joint ventures or partnerships with healthcare operators to enhance property management and operational efficiency, further contributing to its earnings.

American Healthcare REIT, Inc. Financial Statement Overview

Summary

American Healthcare REIT, Inc. demonstrates robust revenue growth and improved operational efficiency. Despite improvements in cash flow and debt reduction, the company struggles with maintaining profitability, as evidenced by recurring net losses. The balance sheet shows a strong equity position but indicates potential risks associated with asset leverage.

Income Statement

American Healthcare REIT, Inc. shows a strong revenue growth trajectory but suffers from negative net income, impacting profitability metrics. Gross profit margins have improved significantly over the years, indicating operational efficiency, yet net profit margins remain negative due to consistent net losses.

Balance Sheet

The company's balance sheet reflects stable equity growth and a substantial reduction in total debt, leading to a healthy debt-to-equity ratio of 0.0 in the latest fiscal year. However, the company's assets are heavily leveraged against equity, suggesting potential risk if asset values fluctuate.

Cash Flow

Cash flows have shown improvement with positive free cash flow growth and a strong operating cash flow to net income ratio. However, fluctuations in capital expenditures and financing activities indicate potential volatility in cash flow management.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.11B	2.07B	1.86B	1.62B	1.27B	1.19B
	Gross Profit
847.83M	416.77M	356.83M	335.97M	235.11M	195.39M
	EBIT
217.38M	136.78M	76.72M	90.59M	36.95M	92.41M
	EBITDA
237.96M	315.48M	324.26M	233.76M	186.00M	206.71M
	Net Income Common Stockholders
-40.72M	-37.81M	-71.47M	-81.30M	-47.79M	2.16M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
86.06M	76.70M	43.45M	65.05M	81.60M	152.19M
	Total Assets
4.46B	4.49B	4.58B	4.79B	4.58B	3.23B
	Total Debt
0.00	1.87B	3.02B	3.11B	2.65B	1.88B
	Net Debt
-86.06M	1.79B	2.98B	3.04B	2.57B	1.72B
	Total Liabilities
2.16B	2.18B	3.12B	3.14B	2.75B	2.16B
	Stockholders Equity
2.26B	2.26B	1.27B	1.40B	1.58B	866.11M
Cash Flow		Free Cash Flow
170.60M	84.15M	-1.26M	76.25M	-61.78M	90.85M
	Operating Cash Flow
242.66M	176.09M	98.53M	147.77M	17.91M	219.16M
	Investing Cash Flow
-36.29M	-8.73M	9.40M	-118.58M	-138.65M	-147.94M
	Financing Cash Flow
-179.71M	-134.74M	-129.06M	-42.92M	94.11M	-8.81M

American Healthcare REIT, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 35.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AHR, the sentiment is Positive. The current price of 35.4 is above the 20-day moving average (MA) of 35.00, above the 50-day MA of 32.77, and above the 200-day MA of 28.32, indicating a bullish trend. The MACD of 0.70 indicates Positive momentum. The RSI at 59.91 is Neutral, neither overbought nor oversold. The STOCH value of 71.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AHR.

American Healthcare REIT, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTRE	80 Outperform	$5.52B	31.39	7.02%	4.65%	43.27%	80.97%
SBRA	77 Outperform	$4.33B	30.82	5.15%	6.59%	7.81%	179.16%
NHI	72 Outperform	$3.31B	22.51	10.56%	5.08%	7.44%	4.23%
AHR	64 Neutral	$5.72B	―	-1.93%	2.82%	11.30%	―
Sector *	58 Neutral	$4.89B	18.48	-17.00%	7.21%	13.61%	-24.47%
HR	49 Neutral	$5.25B	―	-6.83%	8.30%	-7.26%	18.45%
MPW	44 Neutral	$2.65B	―	-28.86%	7.26%	19.56%	-12.73%

American Healthcare REIT, Inc. Corporate Events

American Healthcare REIT Reports Q1 2025 Financial Results

On May 8, 2025, American Healthcare REIT, Inc. announced its first quarter 2025 results, reporting a GAAP net loss attributable to controlling interest of $6.8 million and a GAAP net loss per diluted share of $0.04. Despite this, the company achieved a 15.1% growth in Same-Store Net Operating Income (NOI) compared to the previous year, driven by strong performance in its senior housing operating properties and integrated senior health campuses. The company also increased its full-year 2025 guidance, reflecting improved expectations for NOI growth and earnings, supported by successful capital markets activity and strategic asset transactions. The company remains focused on leveraging demand for long-term care and pursuing new growth opportunities.

American Healthcare REIT Announces Quarterly Distribution

On March 19, 2025, American Healthcare REIT, Inc. announced that its board of directors authorized a quarterly distribution of $0.25 per share for the first quarter of 2025, ending on March 31. This distribution, equating to an annualized rate of $1.00 per share, will be paid in cash on or about April 17, 2025, to shareholders of record as of March 31, 2025.