American Healthcare REIT falls on share offering

American Healthcare REIT

20/05/2026 21:19

** Shares of American Healthcare REIT AHR.N down 2.4% at $50.45 in extended trading as it seeks equity raise

** Senior housing and skilled nursing facilities operator launches 14 mln share offering on a forward basis

** AHR expects to enter into 24-month forward sale agreement with underwriter BofA

** Upon settlement of agreement, co anticipates to use net offering proceeds for general purposes, including potential future investments

** Irvine, California-based AHR has ~192.7 mln shares outstanding as of May 18, per the prospectus

** AHR stock finished up 1.7% at $51.68 on Weds, up 10% YTD

** 12 of 13 analysts rate the stock "strong buy" or "buy", 1 "hold"; median PT $59, per LSEG data

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))