American Homes 4 Rent (NYSE:AMH) Sees Large Drop in Short Interest

American Homes 4 Rent (NYSE:AMH) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 6,336,957 shares, a decrease of 36.1% from the February 26th total of 9,910,207 shares. Based on an average daily volume of 3,806,234 shares, the short-interest ratio is currently 1.7 days. Approximately 1.9% of the company’s stock are short sold.

American Homes 4 Rent Stock Performance

Shares of AMH opened at $27.88 on Friday. The stock has a market capitalization of $10.14 billion, a PE ratio of 23.63, a price-to-earnings-growth ratio of 3.97 and a beta of 0.80. The business’s fifty day moving average price is $30.21 and its 200 day moving average price is $31.54. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $39.49.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.14). The business had revenue of $402.93 million for the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities research analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Friday, March 13th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. American Homes 4 Rent’s payout ratio is currently 111.86%.

Analyst Ratings Changes

AMH has been the topic of several recent analyst reports. Mizuho cut 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. Wall Street Zen lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Sunday, January 18th. Citizens Jmp dropped their target price on shares of American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating for the company in a research report on Monday, February 23rd. The Goldman Sachs Group set a $37.00 price target on shares of American Homes 4 Rent in a research report on Monday, December 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, January 21st. Seven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $35.21.

Insider Buying and Selling

In other American Homes 4 Rent news, Director David Goldberg acquired 2,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were bought at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the acquisition, the director directly owned 36,723 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which can be accessed through this link. Also, Director Douglas N. Benham bought 1,200 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was acquired at an average cost of $24.20 per share, for a total transaction of $29,040.00. Following the completion of the transaction, the director owned 44,717 shares in the company, valued at $1,082,151.40. This represents a 2.76% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have acquired 6,771 shares of company stock valued at $183,684. 6.32% of the stock is owned by insiders.

Institutional Investors Weigh In On American Homes 4 Rent

A number of hedge funds have recently made changes to their positions in AMH. Wilmington Savings Fund Society FSB raised 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 in the last quarter. IFP Advisors Inc grew its position in 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 buying an additional 441 shares during the last quarter. True Wealth Design LLC grew its holdings in shares of 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 increased its stake 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 worth $32,000 after purchasing an additional 442 shares in the last quarter. Finally, Prosperity Bancshares Inc acquired a new stake in shares of American Homes 4 Rent during the fourth quarter valued at approximately $35,000. 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.