
American Healthcare REIT's AHR.N shares down 1.6% post-market at $48.45 as it looks to raise equity
Irvine, California-based owner of senior housing communities and skilled nursing facilities commences 8.1 mln share offering
AHR to enter into 18-month forward sale agreement with bookrunner RBC
Upon settlement of such agreement, co expects to use net offering proceeds for general corp purposes, including potential future investments
As of Nov 14, AHR had ~178.2 mln shares outstanding, per the offering prospectus
AHR shares on Thurs finished down 0.5% at $49.23 after hitting record intraday high of $50.80. Stock up 73% YTD as of last close
11 of 12 analysts rate AHR "strong buy" or "buy", 1 rates "hold"; median PT of $55 up from $47 a month ago, per LSEG