American Homes 4 Rent (NYSE:AMH) Posts Quarterly Earnings Results, Beats Estimates By $0.30 EPS

American Homes 4 Rent (NYSE:AMH) issued its earnings results on Wednesday. The real estate investment trust reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30, Zacks reports. The company had revenue of $472.02 million for the quarter, compared to analysts’ expectations of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.04%. The firm’s revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 EPS. American Homes 4 Rent updated its FY 2026 guidance to 1.890-1.950 EPS.

American Homes 4 Rent Stock Down 1.2%

AMH traded down $0.39 during trading on Friday, reaching $32.03. The stock had a trading volume of 3,416,913 shares, compared to its average volume of 4,013,801. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $11.65 billion, a price-to-earnings ratio of 26.04, a P/E/G ratio of 4.68 and a beta of 0.82. The stock’s 50 day moving average is $29.57 and its two-hundred day moving average is $30.92. American Homes 4 Rent has a one year low of $27.22 and a one year high of $39.01.

American Homes 4 Rent Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a $0.33 dividend. The ex-dividend date of this dividend was Friday, March 13th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a yield of 4.1%. American Homes 4 Rent’s payout ratio is currently 107.32%.

Analyst Ratings Changes

Several equities research analysts have weighed in on AMH shares. Keefe, Bruyette & Woods dropped their price target on shares of American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. UBS Group dropped their target price on shares of American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating for the company in a report on Thursday, January 8th. JPMorgan Chase & Co. cut their target price on American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating on the stock in a research note on Monday, January 12th. Barclays upped their price target on American Homes 4 Rent from $31.00 to $32.00 and gave the company an “equal weight” rating in a research report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating for the company in a research note on Friday, March 20th. Eight analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $35.39.

Insider Transactions at American Homes 4 Rent

In other American Homes 4 Rent news, Director David Goldberg bought 2,000 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was purchased at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the acquisition, the director owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. This trade represents a 5.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Douglas N. Benham purchased 1,200 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was bought at an average price of $24.20 per share, for a total transaction of $29,040.00. Following the purchase, the director directly owned 44,717 shares in the company, valued at $1,082,151.40. The trade was a 2.76% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 6,771 shares of company stock worth $183,684 over the last ninety days. Insiders own 5.70% of the company’s stock.

Hedge Funds Weigh In On American Homes 4 Rent

Several institutional investors and hedge funds have recently modified their holdings of AMH. Bank of Montreal Can raised its position in shares of American Homes 4 Rent by 3,526.2% in the 4th quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock worth $147,655,000 after purchasing an additional 4,472,998 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of American Homes 4 Rent by 1,299.8% during the fourth quarter. AQR Capital Management LLC now owns 3,112,624 shares of the real estate investment trust’s stock valued at $99,915,000 after buying an additional 2,890,263 shares during the last quarter. Marshall Wace LLP increased its position in shares of American Homes 4 Rent by 3,587.1% during the fourth quarter. Marshall Wace LLP now owns 1,698,687 shares of the real estate investment trust’s stock valued at $54,528,000 after acquiring an additional 1,652,616 shares in the last quarter. Invesco Ltd. lifted its position in American Homes 4 Rent by 30.1% in the 4th quarter. Invesco Ltd. now owns 6,161,646 shares of the real estate investment trust’s stock valued at $197,789,000 after acquiring an additional 1,425,912 shares in the last quarter. Finally, Freestone Grove Partners LP boosted its stake in American Homes 4 Rent by 237.0% during the 4th quarter. Freestone Grove Partners LP now owns 1,150,321 shares of the real estate investment trust’s stock valued at $36,925,000 after purchasing an additional 808,993 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors.

About American Homes 4 Rent

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.