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American Healthcare REIT: Capitalizing On Supply And Demand Imbalance In Healthcare Real Estate
Seeking Alpha· 2024-10-03 16:32
As the demand for healthcare services rises alongside an aging population, the need for healthcare-related facilities is set to grow significantly. Among the healthcare REITs I've previously explored, American Healthcare REIT (NYSE: AHR ) is my preferred choice I'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns o ...
Best Momentum Stocks to Buy for September 27th
ZACKS· 2024-09-27 15:00
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 27th: M/I Homes, Inc. (MHO) : This residential home-builder has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.7% over the last 60 days. M/I Homes' shares gained 34.8% over the last three months compared with the S&P 500's advance of 5.1%. The company possesses a Momentum Score of A. Ferrari N.V. (RACE) : This luxury performance sports-car ...
American Healthcare REIT (AHR) Moves to Strong Buy: Rationale Behind the Upgrade
ZACKS· 2024-09-25 17:05
American Healthcare REIT (AHR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a c ...
American Healthcare REIT Acquires Remaining Minority Membership Interest in Trilogy REIT Holdings; Becomes Sole Owner of Trilogy REIT Holdings
Prnewswire· 2024-09-24 20:15
IRVINE, Calif., Sept. 24, 2024 /PRNewswire/ -- American Healthcare REIT, Inc. (NYSE: AHR; the "Company") has now exercised its purchase option to acquire the remaining 24% minority membership interest in Trilogy REIT Holdings, LLC ("Trilogy Holdings") that had been held by the Company's joint venture partner, an affiliate of NorthStar Healthcare Income, Inc. Upon the closing of the acquisition, the Company became the sole owner of Trilogy Holdings and the Company's Integrated Senior Health Campuses ("ISHC") ...
Best Momentum Stocks to Buy for September 23rd
ZACKS· 2024-09-23 15:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 23rd: AngloGold Ashanti Limited (AU) : This gold mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.7% over the last 60 days. AngloGold Ashanti's shares gained 17.4% over the last three months compared with the S&P 500's advance of 5%. The company possesses a Momentum Score of A. American Healthcare REIT, Inc. (AHR) : This s ...
New Strong Buy Stocks for September 23rd
ZACKS· 2024-09-23 11:11
Group 1 - Opera Limited (OPRA) has seen a 12.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Southside Bancshares, Inc. (SBSI) has experienced a 9.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - AngloGold Ashanti Limited (AU) has reported a 12.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - American Healthcare REIT, Inc. (AHR) has seen a 7.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - LSI Industries Inc. (LYTS) has experienced a 10% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]
Fed Goes Big
Seeking Alpha· 2024-09-22 13:00
Analyst's Disclosure: I/we have a beneficial long position in the shares of RIET, HOMZ, IRET, ALL HOLDINGS IN THE IREIT+HOYA PORTFOLIOS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Hoya Capital Research & Index Innovations ("Hoya Capital") is an affiliate of Hoya Capi ...
The State Of REITs: September 2024 Edition
Seeking Alpha· 2024-09-20 02:18
Core Insights - The REIT sector experienced a fourth consecutive month of gains in August 2024, with an average total return of +2.11%, although it underperformed the S&P 500 which had a return of +2.4% [2][3] - Large cap REITs significantly outperformed small cap REITs, with a widening spread in 2024 FFO multiples, where investors are paying 41% more for large cap REITs [2][23] - 72.22% of REIT property types yielded positive total returns in August, with self-storage being the top performer at +9.34% [4][5] REIT Performance Overview - The average total return for different market capitalizations in August 2024 was as follows: Large Cap (+5.27%), Mid Cap (+3.51%), Small Cap (+0.84%), and Micro Cap (-3.03%) [3] - Year-to-date performance through August 2024 showed that large cap REITs outperformed small caps by 593 basis points [3] Year-to-Date Performance - Year-to-date total returns through August 2024 for various property types included: Data Centers (+26.25%), Advertising (+23.17%), and Health Care (+18.13%) [4][7] - Timber and Hotels were the worst performing property types year-to-date, with returns of -9.33% and -6.46% respectively [7] FFO Multiples and Valuation - The average P/FFO for the REIT sector increased from 14.2x to 15.0x in August 2024, with 83.3% of property types experiencing multiple expansion [7][23] - Data Centers, Land, Multifamily, Manufactured Housing, and Single Family Housing currently trade at the highest average multiples among REIT property types [7] Individual Securities Performance - American Healthcare REIT (AHR) led all REITs in August with a return of +29.36%, while Wheeler REIT (WHLR) faced a significant decline of -75.88% [9] - 68.39% of REITs had a positive total return in August, contrasting with a mere +0.56% return for the average REIT in the first eight months of 2023 [9] Dividend Yield Insights - High dividend yields remain a key attraction for investors in the REIT sector, with many REITs trading below their NAV, leading to attractive yield opportunities [11] - The highest dividend yield as of August 31, 2024, was 17.2% for Creative Media & Community Trust [12] NAV Premium/Discount Analysis - Large cap REITs trade at a premium to NAV (+3.80%), while small and micro cap REITs trade at discounts of -17.10% and -30.35% respectively [25] - The average REIT across all market caps trades at a discount of -6.51% to NAV [25]
American Healthcare REIT Announces Pricing of Upsized Primary Public Offering of Common Stock
Prnewswire· 2024-09-19 01:21
IRVINE, Calif., Sept. 18, 2024 /PRNewswire/ -- American Healthcare REIT, Inc., (NYSE: AHR; the "Company"), announced today the pricing of an underwritten public offering of 17,400,000 shares of its common stock at a public offering price of $23.55 per share. The Company has granted the underwriters a 30- day option to purchase up to an additional 2,610,000 shares of common stock. The Company expects to use the net proceeds from the offering to exercise its option to purchase its joint venture partner's 24% ...
American Healthcare REIT Announces Primary Public Offering of Common Stock
Prnewswire· 2024-09-18 20:03
Core Viewpoint - American Healthcare REIT, Inc. has initiated an underwritten public offering of 14,500,000 shares of its common stock, with an option for underwriters to purchase an additional 2,175,000 shares [1][2]. Group 1: Offering Details - The net proceeds from the offering are intended to be used for acquiring a 24% minority membership interest in Trilogy Holdings, LLC from a joint venture partner and to repay certain outstanding debt under its lines of credit [2]. - The offering is being conducted under the Company's effective shelf registration statement filed with the SEC, and a preliminary prospectus supplement will be filed [3]. Group 2: Company Overview - American Healthcare REIT, Inc. is a self-managed REIT that focuses on acquiring, owning, and operating a diversified portfolio of clinical healthcare real estate properties, including outpatient medical buildings, senior housing, and skilled nursing facilities [5].