American Homes 4 Rent (NYSE:AMH) Receives Average Recommendation of “Hold” from Brokerages

Shares of American Homes 4 Rent (NYSE:AMH) have earned an average rating of “Hold” from the nineteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $34.9412.

AMH has been the topic of a number of research analyst reports. Mizuho decreased their price target on shares of 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. Compass Point assumed coverage on American Homes 4 Rent in a research note on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price target on the stock. BMO Capital Markets reaffirmed a “market perform” rating and set a $37.00 price objective on shares of American Homes 4 Rent in a research note on Friday, January 9th. Citizens Jmp dropped their price target on American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating for the company in a research note on Monday, February 23rd. Finally, Wells Fargo & Company lowered their price objective on shares of American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating for the company in a report on Thursday, March 5th.

American Homes 4 Rent Stock Performance

NYSE AMH opened at $32.03 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.63. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $39.01. The stock has a market capitalization of $11.65 billion, a PE ratio of 26.04, a P/E/G ratio of 4.68 and a beta of 0.82. The company’s 50 day simple moving average is $29.57 and its two-hundred day simple moving average is $30.92.

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 business had revenue of $472.02 million during the quarter, compared to analysts’ expectations of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The firm’s revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Analysts predict that American Homes 4 Rent will post 1.92 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

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

Insider Buying and Selling

In related news, Director David Goldberg bought 2,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average cost of $29.30 per share, with a total value of $58,600.00. Following the completion of the purchase, the director owned 36,723 shares in the company, valued at approximately $1,075,983.90. The trade was a 5.76% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Douglas N. Benham purchased 1,200 shares of the stock in a transaction dated Monday, March 2nd. The stock was bought at an average cost of $24.20 per share, with a total value of $29,040.00. Following the transaction, the director 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 SEC filing for this purchase provides additional information. Over the last three months, insiders bought 6,771 shares of company stock worth $183,684. Insiders own 5.70% of the company’s stock.

Institutional Trading of American Homes 4 Rent

Institutional investors and hedge funds have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB grew its holdings in shares of American Homes 4 Rent by 10,728.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 751 shares during the last quarter. IFP Advisors Inc raised its holdings in American Homes 4 Rent by 122.2% in the 4th 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 last quarter. True Wealth Design LLC raised its holdings in American Homes 4 Rent by 230.8% in the 4th 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 last quarter. Parallel Advisors LLC lifted its position in American Homes 4 Rent by 84.8% in the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 442 shares in the last quarter. Finally, Bessemer Group Inc. lifted its position in American Homes 4 Rent by 70.3% in the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 483 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors.

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.