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AHR

American Healthcare REIT Inc. Common Stock (AHR) fair value

Real Estate · REIT - Healthcare Facilities · NYSE · United States
$53.02-0.71%
Market cap $11.6BNext earnings 2026-11-05Updated Oct 24, 2026
Add earnings to calendarGoogle
Our verdict
Trades 261% above our fair value
Price
$53.02
Model fair valueConfidence: good
$14.71
Model range
$13.28 to $16.14
Fair value $14.71
Price $53.02
2 models fit American Healthcare REIT Inc. Common Stock and they agree: 2 of 2 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Large premium(i)Bronze52
Valued as a REIT (property company): Price to FFO, Dividend discount, and EV/EBITDA comparison.
ACCE opinionAmerican Healthcare REIT Inc. Common Stock (AHR)
Fair value (2 models)
$14.71
ACCE price target
$48.00
Rating
Overvalued
Horizon
12 months
Fair value published on 24 Oct 2026, 17:04 CEST; previously $15.12 since 12 Oct 2026, 00:00 CEST.
ACCE price target published on 10 Oct 2026, 00:00 CEST.
Rating published on 24 Oct 2026, 17:04 CEST.
Price used: $53.02 at the close on 23 Oct 2026, 22:00 CEST.
Models: EV/EBITDA comparison and Price to FFO.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
260.5% above
-72.3% to fair value
ACCE score
56
out of 100
Analysts
100% buy
16 covering
P/E
79.1x
forward 53.6x
1-year return
+21.9%
Dividend yield
1.87%

American Healthcare REIT Inc. Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

American Healthcare REIT owns and operates senior housing, skilled nursing and medical office properties across the US, with its growth coming from a mix of acquisitions and a managed senior housing platform. Its moat is mostly scale and a diversified tenant and operator base in an asset class where demand is set by the aging population rather than the economic cycle. Revenue growth of 24.7% is the headline near-term driver, and the debate is whether that growth converts into per-share earnings, since the 6.8% operating margin and 4.0% ROE leave little room for error. At a trailing P/E of 79.4 and a forward P/E of 48.1, the market is paying for that conversion to happen, so the thesis rests on a visible step-up in earnings and funds-from-operations as acquired assets stabilize. The stock carries a score of 56/100 and no index membership, which argues for a deeper look at the cash flow bridge before any position is considered.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
  • high
    Stretched valuation multiples
    P/E of 81.1 and EV/EBITDA of 27.8 leave little room for error. The price trades 10.5% above the ACCE price target of $48.00.
  • moderate
    Heavy short interest
    Short interest stands at 16.6% of the float, which signals meaningful bearish positioning and can amplify volatility either way.
  • moderate
    Score down over 90 days
    The ACCE score fell 5 points, from 61 to 56, with Value at 21 out of 100 and Quality at 43 out of 100.

AI research notes

AI-assisted·How I use AIWritten Oct 21, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Revenue grew 24.7% year over year, and has averaged 13.8% growth per year over five years.
  • The company beat its latest earnings estimate, reporting $0.54 per share against $0.52 expected.
Why it could disappoint
  • Return on invested capital is only 1.1%, so the business earns little on the money it deploys.
  • The diluted share count rose 27.7% last year, which dilutes existing shareholders' stake in future profits.
  • At 48.1x forward earnings and a 1.5% free cash flow yield, the stock is expensive relative to the cash it generates.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 5, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Ask ACCE

Valuation

INVESTOR
Where AHR's valuation models land
Price
$53.02
Model fair value
$14.71
Model range
$13.28 to $16.14
Fair value $14.71
Price $53.02
The price is above the whole model range.
Model
Fair value
Upside
Dividend discount
EV/EBITDA comparison
Price to FFO
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See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.

Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bullish100% buy · 16 covering analysts
● Strong buy 10● Buy 6● Hold 0● Sell 0● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-0.4%
1 month
+2.6%
3 months
-7.7%
6 months
+5.8%
YTD
+12.7%
1 year
+21.9%

SEC filings

Held by ETFs

ETFs we cover that hold American Healthcare REIT Inc. Common Stock among their largest holdings, by weight.

  • SCHA · Schwab US Small-Cap ETF0.3% of the fund
Holdings as of 2026-10-24

Recommendation history, last 12 months

DateTypeNewPreviousPrice
24 Oct 2026, 17:04 CESTRatingOvervaluedfirst publication$53.02
24 Oct 2026, 17:04 CESTFair value$14.71$15.12$53.02
12 Oct 2026, 00:00 CESTFair value$15.12$13.91$50.80
10 Oct 2026, 00:00 CESTACCE price target$48.00first publication$50.44
28 Sept 2026, 00:00 CESTFair value$13.91$13.70$52.02
20 Sept 2026, 00:00 CESTFair value$13.70$13.88$52.15
15 Sept 2026, 00:00 CESTFair value$13.88$14.20$53.58
7 Sept 2026, 00:00 CESTFair value$14.20$14.39$54.72
30 Aug 2026, 00:00 CESTFair value$14.39$13.35$55.53
22 Aug 2026, 00:00 CESTFair value$13.35$12.33$55.87

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth88Value21Quality43Momentum70Total56
Valuation
Trailing P/E
79.1x
Forward P/E
53.6x
PEG
0.50
P/B
3.05x
EV / Revenue
5.1x
Book value/sh
$18.98
Enterprise value
$12.7B
Profitability
ROE
4.0%
FCF yield
1.44%
ROIC
1.1%
Health and risk
Debt / equity
0.51
Dividend yield
1.87%
Beta
0.80

Price

+19.7% · 1Y

Ask anything about AHR

Answered from American Healthcare REIT Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 0% of peers
low 0.0x79.1xhigh 79.1x
ROEbetter than 50% of peers
low -2%4%high 17%
Div yieldbetter than 0% of peers
low 1.9%1.9%high 6.3%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
AHR American Healthcare REIT Inc. Common Stock$53.02$15261% above79.1x4.0%4356
DOC Healthpeak Properties Inc. Common Stock$19.25--55.0x3.0%5761
OHI Omega Healthcare Investors Inc. Common Stock$46.23$3628% above16.5x16.5%8168
CTRE CareTrust REIT Inc. Common Stock$36.62$2175% above22.9x9.1%8566
HR Healthcare Realty Trust Incorporated Common Stock$17.95$1165% above--1.9%4736
SBRA Sabra Health Care REIT Inc. Common Stock$19.56--78.2x2.4%4445
NHI National Health Investors Inc. Common Stock$67.06$5425% above18.8x10.7%8168

Sector report card

Where AHR ranks against its sector peers on each metric.

Computing percentiles…
  • Business Wire•Oct 1, 2026
    American Healthcare REIT Announces Dates for  Third Quarter 2026 Earnings Release and Conference Call
  • Business Wire•Sep 18, 2026
    American Healthcare REIT Declares Third Quarter 2026 Distribution
  • Business Wire•Sep 14, 2026
    American Healthcare REIT Publishes 2025 Corporate Responsibility Report
11 more press releases · full archive on Investor+.INVESTOR
40 filings
September 2026
Sep 28
Form 4Insider transactionPeriod 2026-09-25
View on SEC →
Sep 18
8-KCurrent reportPeriod 2026-09-18
View on SEC →
Sep 14
8-KCurrent reportPeriod 2026-09-14
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR