American Homes 4 Rent (NYSE:AMH) Director Acquires $37,060.50 in Stock

American Homes 4 Rent (NYSE:AMH) Director Jack Corrigan acquired 1,594 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average price of $23.25 per share, with a total value of $37,060.50. Following the acquisition, the director owned 20,000 shares of the company’s stock, valued at approximately $465,000. This represents a 8.66% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

American Homes 4 Rent Stock Down 0.3%

Shares of NYSE:AMH traded down $0.09 during trading on Thursday, reaching $31.35. 3,968,913 shares of the stock were exchanged, compared to its average volume of 4,026,457. American Homes 4 Rent has a 1-year low of $27.22 and a 1-year high of $38.85. The stock has a fifty day moving average of $29.71 and a two-hundred day moving average of $30.88. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. The firm has a market cap of $11.40 billion, a price-to-earnings ratio of 25.49, a price-to-earnings-growth ratio of 4.17 and a beta of 0.82.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.30. The business had revenue of $472.02 million during the quarter, compared to the consensus estimate of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. American Homes 4 Rent’s revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Research analysts anticipate that American Homes 4 Rent will post 1.92 earnings per share for the current fiscal year.

Institutional Investors Weigh In On American Homes 4 Rent

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership lifted its position in shares of American Homes 4 Rent by 83.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,544,892 shares of the real estate investment trust’s stock worth $98,973,000 after buying an additional 1,608,934 shares in the last quarter. Caxton Associates LLP bought a new position in shares of American Homes 4 Rent in the first quarter valued at approximately $752,000. Inceptionr LLC purchased a new stake in shares of American Homes 4 Rent during the first quarter valued at approximately $802,000. Cetera Investment Advisers lifted its holdings in American Homes 4 Rent by 5.6% during the first quarter. Cetera Investment Advisers now owns 59,134 shares of the real estate investment trust’s stock worth $1,651,000 after acquiring an additional 3,138 shares during the period. Finally, Lasalle Investment Management Securities LLC boosted its position in American Homes 4 Rent by 18.9% in the first quarter. Lasalle Investment Management Securities LLC now owns 3,633,873 shares of the real estate investment trust’s stock worth $101,458,000 after purchasing an additional 577,750 shares during the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

Analyst Ratings Changes

AMH has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft decreased their target price on shares of American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating for the company in a research report on Friday, March 20th. Barclays lifted 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 note on Monday, April 27th. Morgan Stanley lowered their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday, March 9th. Mizuho dropped their target price on American Homes 4 Rent from $32.00 to $29.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. Finally, Wall Street Zen raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Eight equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $35.00.

American Homes 4 Rent Company Profile

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.