Overview

* American Healthcare REIT ( AHR ) Q2 Same-Store NOI grows 13.9% yr/yr

* Company increases full-year 2025 guidance for Same-Store NOI and NFFO

* Co acquires new SHOP asset for $65 mln, enhancing portfolio growth

Outlook

* Company raises full-year Same-Store NOI growth guidance to 11%-14%

* American Healthcare REIT ( AHR ) increases NFFO guidance to $1.64-$1.68 per share

* Company anticipates higher occupancy through summer selling season

Result Drivers

* OCCUPANCY GAINS - Co attributes Same-Store NOI growth to steady occupancy gains in ISHC and SHOP segments

* EXPENSE MANAGEMENT - Proactive expense management contributed to improved operating results, per COO Gabe Willhite

* ACQUISITIONS - Acquisition of new SHOP asset for $65 mln and strategic capital allocation activities enhanced portfolio growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Net $10.08

Income mln

Q2 $10.81

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the specialized reits peer group is "buy"

* Wall Street's median 12-month price target for American Healthcare REIT Inc ( AHR ) is $40.00, about 0.9% above its August 6 closing price of $39.65

* The stock recently traded at 74 times the next 12-month earnings vs. a P/E of 76 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)