Shares of American Homes 4 Rent (NYSE:AMH – Get Free Report) have been given an average rating of “Moderate Buy” by the twenty brokerages that are presently covering the firm, Marketbeat.com reports. Nine investment analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $36.4722.
Several analysts have weighed in on AMH shares. Keefe, Bruyette & Woods boosted their target price on shares of American Homes 4 Rent from $35.00 to $36.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Morgan Stanley decreased their price target on shares of American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating for the company in a report on Wednesday, May 27th. Mizuho lifted their price objective on shares of American Homes 4 Rent from $29.00 to $35.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 17th. Scotiabank boosted their price objective on shares of American Homes 4 Rent from $32.00 to $33.00 and gave the company a “sector perform” rating in a report on Thursday, June 18th. Finally, Wells Fargo & Company upped their target price on American Homes 4 Rent from $34.00 to $36.00 and gave the company an “overweight” rating in a research report on Monday, June 1st.
Read Our Latest Report on American Homes 4 Rent
American Homes 4 Rent Price Performance
American Homes 4 Rent (NYSE:AMH – Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $472.02 million for 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%. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.46 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, equities analysts expect that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.
American Homes 4 Rent Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.33 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.0%. American Homes 4 Rent’s dividend payout ratio is currently 107.32%.
Insider Activity
In other news, Director Jack E. Corrigan acquired 2,041 shares of American Homes 4 Rent stock in a transaction dated Monday, May 18th. The stock was purchased at an average cost of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the purchase, the director directly owned 17,000 shares in the company, valued at $400,010. This trade represents a 13.64% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders bought 5,000 shares of company stock valued at $117,024 in the last three months. Company insiders own 5.70% of the company’s stock.
Hedge Funds Weigh In On American Homes 4 Rent
Several hedge funds and other institutional investors have recently bought and sold shares of AMH. Wilmington Savings Fund Society FSB lifted its stake in American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 751 shares during the period. IFP Advisors Inc increased its stake in shares of American Homes 4 Rent by 122.2% in the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 441 shares during the period. True Wealth Design LLC increased its stake in shares of American Homes 4 Rent by 230.8% in the fourth quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 577 shares during the period. Parallel Advisors LLC raised its holdings in shares of American Homes 4 Rent by 84.8% during the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 442 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of American Homes 4 Rent by 70.3% during the first quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 483 shares during the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.
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.
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