Profile
Sector:
Real EstateIndustry:
Healthcare FacilitiesCountry:
United StatesIPO:
07 February 2024Next earnings report:
14 August 2024Last dividends:
27 June 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 20:09:09 GMTAnalysts recommendations
Institutional Ownership
AHR Latest News
IRVINE, Calif. , June 12, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR) announced today that its board of directors has declared a quarterly distribution of $0.25 per share for the quarter ending June 30, 2024.
American Healthcare REIT reports its first quarterly results since its IPO, along with its first dividend. AHR's medical assets primarily service senior care centers. The company's dividend is sustainable, but potential risks to regulatory requirements for medical properties that could impact capex.
American Healthcare REIT, Inc. (AHR) Q4 2023 Earnings Call Transcript
American Healthcare REIT has had a successful public debut, with shares pricing on the lower end of the offering range, however. The company owns and operates a range of healthcare real estate, including medical office buildings, senior housing, hospitals, and nursing facilities. The lack of profitability and various risks make the outlook cautious, but the potential for long-term growth and dividends is present.
American Healthcare REIT said on Tuesday it will raise about $672 million in an initial public offering (IPO) in New York and plans to use most of that to pay down debt.
What type of business is 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. The company benefits from a fully integrated management platform comprised of more than one hundred experienced and skilled professionals, many of whom have worked together since 2006 and have successfully invested in and managed healthcare real estate through multiple market cycles. The management team has a proven track record, deep industry relationships and unparalleled insight into each of the company's assets having built and nurtured the company's international portfolio since its original property acquisition in 2014. The strength of the management team, coupled with the quality of the assets, has American Healthcare REIT poised to capitalize on compelling growth driven by powerful demographic trends. With its 19 million-square-foot, 312-building portfolio of medical office buildings, senior housing communities, skilled nursing facilities and integrated senior health campuses diversified across 36 states and the United Kingdom, the tri-party transaction was a critical step in ideally positioning American Healthcare REIT for a future public listing or IPO on a national stock exchange at the most opportune time. By listing the company's shares on a national exchange, we believe the company will gain greater access to attractive capital that will fuel future growth, broaden our investor base and also provide liquidity to our fellow stockholders. American Healthcare REIT, Inc. operates as a subsidiary of Griffin Capital Company, LLC.
What sector is American Healthcare REIT in?
American Healthcare REIT is in the Real Estate sector
What industry is American Healthcare REIT in?
American Healthcare REIT is in the Healthcare Facilities industry
What country is American Healthcare REIT from?
American Healthcare REIT is headquartered in United States
When did American Healthcare REIT go public?
American Healthcare REIT initial public offering (IPO) was on 07 February 2024
What is American Healthcare REIT website?
https://www.americanhealthcarereit.com
Is American Healthcare REIT in the S&P 500?
No, American Healthcare REIT is not included in the S&P 500 index
Is American Healthcare REIT in the NASDAQ 100?
No, American Healthcare REIT is not included in the NASDAQ 100 index
Is American Healthcare REIT in the Dow Jones?
No, American Healthcare REIT is not included in the Dow Jones index
When does American Healthcare REIT report earnings?
The next expected earnings date for American Healthcare REIT is 14 August 2024