American Homes 4 Rent (NYSE:AMH) Receives Average Recommendation of “Moderate Buy” from Analysts

American Homes 4 Rent (NYSE:AMH) has earned an average recommendation of “Moderate Buy” from the fifteen research firms that are presently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $39.5714.

A number of equities research analysts have weighed in on AMH shares. Wolfe Research upgraded shares of American Homes 4 Rent from a “peer perform” rating to an “outperform” rating and set a $38.00 price target on the stock in a research note on Thursday, October 2nd. Morgan Stanley lifted their price target on shares of American Homes 4 Rent from $40.50 to $41.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 19th. Barclays reduced their target price on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 12th. Evercore ISI reduced their target price on shares of American Homes 4 Rent from $41.00 to $40.00 and set an “outperform” rating on the stock in a research note on Monday, September 15th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, October 8th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Vanderbilt University bought a new position in shares of American Homes 4 Rent in the third quarter valued at about $780,000. Merit Financial Group LLC raised its holdings in shares of American Homes 4 Rent by 9.3% in the third quarter. Merit Financial Group LLC now owns 6,503 shares of the real estate investment trust’s stock valued at $216,000 after buying an additional 552 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of American Homes 4 Rent by 3.9% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 188,900 shares of the real estate investment trust’s stock valued at $6,281,000 after buying an additional 7,100 shares during the last quarter. CWM LLC raised its holdings in shares of American Homes 4 Rent by 19.7% in the third quarter. CWM LLC now owns 7,528 shares of the real estate investment trust’s stock valued at $250,000 after buying an additional 1,241 shares during the last quarter. Finally, Pacer Advisors Inc. raised its holdings in shares of American Homes 4 Rent by 608,877.8% in the third quarter. Pacer Advisors Inc. now owns 54,808 shares of the real estate investment trust’s stock valued at $1,822,000 after buying an additional 54,799 shares during the last quarter. 91.87% of the stock is owned by institutional investors.

American Homes 4 Rent Stock Up 0.3%

AMH opened at $32.90 on Tuesday. American Homes 4 Rent has a fifty-two week low of $31.68 and a fifty-two week high of $39.49. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.88 and a quick ratio of 0.88. The firm’s fifty day moving average price is $33.85 and its two-hundred day moving average price is $35.57. The company has a market capitalization of $12.20 billion, a P/E ratio of 29.64, a P/E/G ratio of 3.00 and a beta of 0.75.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. American Homes 4 Rent had a net margin of 23.72% and a return on equity of 5.60%. The firm had revenue of $457.50 million for the quarter, compared to the consensus estimate of $451.50 million. During the same quarter in the previous year, the company earned $0.45 earnings per share. The business’s revenue was up 8.0% compared to the same quarter last year. American Homes 4 Rent has set its FY 2025 guidance at 1.840-1.880 EPS. On average, analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, September 15th. American Homes 4 Rent’s payout ratio is currently 108.11%.

American Homes 4 Rent Company Profile

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.