American Homes 4 Rent (NYSE:AMH) Given New $32.00 Price Target at UBS Group

American Homes 4 Rent (NYSE:AMH) had its target price lowered by stock analysts at UBS Group from $33.00 to $32.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. UBS Group’s target price would indicate a potential upside of 0.80% from the company’s previous close.

Several other research analysts have also recently issued reports on AMH. Raymond James Financial upgraded shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price objective for the company in a report on Monday. Citigroup decreased their price objective on shares of American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating for the company in a report on Friday, March 20th. Mizuho decreased their price objective on shares of American Homes 4 Rent from $32.00 to $29.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Finally, Royal Bank Of Canada increased their price objective on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Nine investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $34.94.

American Homes 4 Rent Stock Performance

NYSE AMH traded down $0.15 on Tuesday, hitting $31.75. The stock had a trading volume of 1,055,751 shares, compared to its average volume of 4,011,181. American Homes 4 Rent has a one year low of $27.22 and a one year high of $38.82. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. The stock has a market cap of $11.45 billion, a price-to-earnings ratio of 25.80, a P/E/G ratio of 4.03 and a beta of 0.82. The company’s 50-day moving average is $29.79 and its two-hundred day moving average is $30.84.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate of $0.18 by $0.30. The firm had revenue of $472.02 million during 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 6.08%. American Homes 4 Rent’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, analysts expect that American Homes 4 Rent will post 1.93 earnings per share for the current year.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham bought 1,200 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was acquired at an average cost of $24.20 per share, with a total value of $29,040.00. Following the completion of the purchase, the director directly owned 44,717 shares in the company, valued at approximately $1,082,151.40. This trade represents a 2.76% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Jack E. Corrigan purchased 2,041 shares of American Homes 4 Rent stock in a transaction that occurred on Monday, May 18th. The stock was purchased at an average price of $23.53 per share, with a total value of $48,024.73. Following the transaction, the director owned 17,000 shares in the company, valued at $400,010. This represents a 13.64% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 11,771 shares of company stock valued at $300,708 over the last ninety days. Insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of American Homes 4 Rent by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock valued at $1,486,798,000 after acquiring an additional 246,713 shares in the last quarter. Norges Bank purchased a new stake in shares of American Homes 4 Rent in the 4th quarter valued at approximately $710,672,000. Principal Financial Group Inc. lifted its position in shares of American Homes 4 Rent by 19.8% in the 1st quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust’s stock valued at $528,736,000 after acquiring an additional 3,126,434 shares in the last quarter. State Street Corp lifted its position in shares of American Homes 4 Rent by 2.2% in the 3rd quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock valued at $612,605,000 after acquiring an additional 399,894 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of American Homes 4 Rent by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 7,355,760 shares of the real estate investment trust’s stock valued at $235,572,000 after acquiring an additional 161,676 shares in the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

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.