VIK, AHR and ONB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 3, 2024.
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueling bets that the Federal Reserve may have to slow the pace of policy easing, the Consumer Price Index and Producer Price Index each posted fractional upside surprises in October. After surging nearly 5% last week en route to fresh record highs, the S&P 500 dipped 2.1% on the week, with healthcare and technology stocks under particularly sharp pressure.
American Healthcare REIT, Inc. (NYSE:AHR ) Q3 2024 Results Conference Call November 13, 2024 12:00 PM ET Company Participants Alan Peterson - Vice President of Investor Relations & Finance Danny Prosky - President & Chief Executive Officer Gabe Willhite - Chief Operating Officer Stefan Oh - Chief Investment Officer Brian Peay - Chief Financial Officer Conference Call Participants Joshua Dennerlein - Bank of America Austin Wurschmidt - KeyBanc Capital Markets Michael Carroll - RBC Capital Markets Ronald Kamdem - Morgan Stanley Michael Griffin - Citigroup Operator Thank you for standing by. My name is Briana, and I will be your conference operator today.
While AHR's Q3 earnings are likely to have benefited from favorable SHOP operating trends and a well-diversified tenant base, high interest expenses raise concerns.
Unlike in traditional office, healthcare requires in-office interactions, which reduces the risk of ‘work from home'. Outpatient services are taking market share from inpatient (hospital) settings due to better costs and, in some cases, outcomes. America's rapidly aging population is a tailwind for all healthcare real estate.
Investors need to pay close attention to American Healthcare REIT, Inc. (AHR) stock based on the movements in the options market lately.
REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged solid gains in September. Micro caps (-0.42%) again averaged a negative total return. 72.3% of REIT securities had a positive total return in September.
American Healthcare REIT is a top choice due to its diverse portfolio, strong management, and strategic capital allocation, benefiting from demographic tailwinds and supply-demand imbalances. The REIT's business model focuses on long-term leases with experienced healthcare operators, ensuring reliable revenue and resilience across various property types. Improving occupancy rates, disciplined capital allocation, and a solid balance sheet position American Healthcare REIT for sustained growth and attractive returns.
MHO, RACE and AHR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 27, 2024.
American Healthcare REIT (AHR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
AU, AHR and HWM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 23, 2024.
OPRA, SBSI, AU, AHR and LYTS have been added to the Zacks Rank #1 (Strong Buy) List on September 23, 2024.