American Healthcare REIT, Inc.(AHR)

Top Performer Top performer
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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
5-STAR RATING
PASS
LAST CLOSE
$53.02
10/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for AHR

10/23/2026: AHR (5-star) is currently NOT-A-BUY. Pass it for now.

American Healthcare REIT, Inc. is a diversified healthcare real estate investment trust that owns and operates medical office buildings, senior housing, and skilled nursing facilities. The company benefits from a large, integrated portfolio and an internal management structure that aligns interests with shareholders. Its primary growth opportunity lies in capitalizing on the rising demand for healthcare services driven by an aging population. However, investors face risks related to interest rate volatility, labor cost inflation for tenants, and the regulatory nature of healthcare reimbursements. The stock is best suited for income-oriented investors seeking defensive exposure, and market participants should monitor occupancy trends and balance sheet deleveraging efforts.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitWhile the REIT offers moderate growth through sector demand, it is primarily an income-oriented investment vehicle.
Momentum investorWeak fitREITs generally exhibit lower volatility and slower price momentum compared to growth-tech stocks.
Value investorMixed fitValuation depends on the current FFO multiple relative to larger healthcare REIT peers.
Dividend investorStrong fitAHR is structured as a REIT, making it a natural choice for investors seeking regular dividend income.
Low-risk investorMixed fitHealthcare real estate is generally defensive, though leverage and interest rate sensitivity add risk.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumReal estate stocks fluctuate based on interest rate expectations and sector-specific sentiment.
Valuation riskMediumFFO multiples can compress if interest rates remain elevated for longer than expected.
Competition risk (large-cap healthcare REITs)Medium / highLarger peers may have better access to capital and stronger negotiating power with healthcare operators.
Business qualityMediumThe quality depends on the underlying performance of facility operators and occupancy rates.
Dividend incomeMediumDividends are dependent on sustainable NFFO and board policy decisions.
Execution riskMediumIntegrating a complex portfolio and managing operator relationships is operationally intensive.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 178.86%
Avg. Invested days 77
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/23/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
AHR receives a 3-star rating, supported by solid company fundamentals, and solid analyst coverage. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
AHR has solid overall fundamentals (4 stars), with moderate financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+284.6%) and solid cash generation (FCF margin 7.3%) are partially offset by moderate revenue growth (+9.1%), soft profitability (net margin 3.1%), very low insider ownership of 0.61%.

Financial Health Rating

★★★★★
AHR's financial health is supported by solid cash strength, including free-cash-flow generation (7.3% of revenue). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is AHR's strongest growth driver at +284.6% FY2025 versus FY2024 (strong, 5 stars). By comparison, free-cash-flow growth (+97.1%, strong) is also strong, while revenue growth (+9.1%, moderate) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 99.3% and approximately 99.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.61%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 11.86%
Vanguard Portfolio Management, LLC 7.79%
Vanguard Capital Management, LLC 4.22%
State Street Corp 4.15%
Principal Financial Group Inc 4.09%

Unit Economics (Per $1K Revenue)

★★★★★
AHR generates approximately $206 of gross profit, $75 of operating income, and $73 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Soft margins explain the 2-star rating, with solid cash conversion and soft capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: -45.58% (Tax Credit)

Quantitative Style Profile

★★★★★
AHR has a large-cap, liquid, relatively low-volatility profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Low VolatilityLarge / Mega Cap StabilityShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 11.64B USD
Price to earnings Ratio 78.53
1Y Target Price 63.69
Price to earnings Ratio 78.53
1Y Target Price 63.69
Volume (30-day avg) 3.2M shares
Beta 0.8
52 Weeks Range 42.46 - 58.42
Updated Date 10/22/2026
52 Weeks Range 42.46 - 58.42
Updated Date 10/22/2026
Dividends yield (FY) 1.89%
Basic EPS (TTM) 0.68

How Company Makes Money

Business areaWhat it includesRetail investor read
Rental RevenueLease payments from medical office buildings and senior housing operators.This is the core, stable income source for the company.
Operating IncomeIncome from assets operated via joint ventures or specific management agreements.This represents potential for higher returns but includes higher operational risk.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 78.53
Forward PE 48.08
Enterprise Value 12.68B
Price to Sales(TTM) 4.65
Enterprise Value 12.68B
Price to Sales(TTM) 4.65
Enterprise Value to Revenue 5.07
Enterprise Value to EBITDA 27.8
Shares Outstanding 218.00M
Shares Floating 216.56M
Shares Outstanding 218.00M
Shares Floating 216.56M
Percent Insiders 0.61
Percent Institutions 99.31

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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