Feed / AHRT

AH REALTY TRUST INC

AHRT

Real Estate · 6.33 -1.5% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

AH REALTY TRUST INC's current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Company-1.5% todayVolume comparison unavailable
Market group0 of 20 activeRegional Banks · unavailable
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
  • AHRT's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if AHRT's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Real Estate · REIT - Diversified

No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • AHRT's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements153
Verified relationships3
Evidence supporting the case
  • Credit and interest rates has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Operating margin changed -5.4 percentage points in the latest annual period.
  • Net margin changed -11.0 percentage points in the latest annual period.
  • Diluted shares increased 13.4% in the latest annual period.
  • Demand and volume has repeated adverse evidence across 4 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 141% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 51% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

6.33
6m+1.2%12m-12.2%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$91.9M-57.7%$0.17+5.8%
2022-12-31$234.9M+155.5%$0.94+11.4%
2023-12-31$253.9M+8.1%$-0.05+0.2%
2024-12-31$274.1M+7.9%$0.34+4.4%
2025-12-31$285.2M+4.1%$-0.07+13.4%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 4 filings
During the three months ended March 31, 2026, net cash used in financing activities from continuing operations increased $81.2 million compared to the three months ended March 31, 2025, primarily due to $21.0 million in share repurchases as well as $31.5 mill…
10-Q · May 7, 2026
Demand and volumenegative · 4 filings
General contracting and real estate services segment gross profit for the three months ended March 31, 2026 decreased $1.3 million, as compared to the three months ended March 31, 2025, primarily reflecting the reduction in revenue as third-party project back…
10-Q · May 7, 2026
Restructuring and cost reductionsnegative · 4 filings
Nareit defines FFO as net income (loss) (calculated in accordance with GAAP), excluding depreciation and amortization related to consolidated and unconsolidated real estate, gains or losses from the sales of certain real estate assets, gains or losses from ch…
10-Q · May 7, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.8× · EV/sales 7.0×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

6.33-1.5% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for AHRT. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for AHRT. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind AHRT

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

CEGConstellation Energy CorporationpartnerMay 7, 2026

We are in the process of refinancing the loans secured by the Thames Street and Constellation Energy Building properties, as well as the TD term loan facility.

MTBM&T Bank CorporationlenderMay 7, 2026

The "Base Rate" is equal to the highest of: (a) the rate of interest in effect for such day as publicly announced from time to time by M&T Bank as its “prime rate” for such day, (b) the Federal Funds Rate for such day, plus 0.50%, (c) one month term SOFR for…

TDThe Toronto-Dominion BanklenderMay 7, 2026

TD Term Loan Facility On May 19, 2023, we entered into a term loan agreement (the "TD term loan agreement") with Toronto Dominion (Texas) LLC, as administrative agent, and TD Bank, N.A.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

AHRT is currently a Follower in the organic co-movement group Regional Banks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for AHRT; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.