American Homes 4 Rent (NYSE:AMH) Stock Gets Price Target Trim from Royal Bank Of Canada

American Homes 4 Rent (NYSE:AMH) had its target price reduced by Royal Bank Of Canada from $37.00 to $35.00 in a research report released on Tuesday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the real estate investment trust’s stock.

Several other analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft set a $39.00 price target on shares of American Homes 4 Rent in a research note on Friday, June 26th. JPMorgan Chase & Co. increased their price objective on shares of American Homes 4 Rent from $35.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday, August 19th. Keefe, Bruyette & Woods raised their price objective on American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. UBS Group cut their price objective on American Homes 4 Rent from $35.00 to $32.00 and set a “neutral” rating for the company in a research report on Monday. Finally, Citigroup reaffirmed a “market outperform” rating on shares of American Homes 4 Rent in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $36.35.

American Homes 4 Rent Price Performance

AMH stock opened at $30.94 on Tuesday. American Homes 4 Rent has a one year low of $27.22 and a one year high of $35.07. The company’s fifty day moving average price is $32.21 and its 200-day moving average price is $32.16. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market capitalization of $11.16 billion, a PE ratio of 24.56, a price-to-earnings-growth ratio of 5.80 and a beta of 0.77.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The firm had revenue of $470.10 million during the quarter, compared to analyst estimates of $466.51 million. During the same quarter in the prior year, the business earned $0.47 earnings per share. American Homes 4 Rent’s revenue for the quarter was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, equities analysts anticipate that American Homes 4 Rent will post 1.91 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Tuesday, September 15th. American Homes 4 Rent’s dividend payout ratio is currently 104.76%.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack Corrigan bought 8,000 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was purchased at an average cost of $21.49 per share, with a total value of $171,920.00. Following the completion of the acquisition, the director owned 25,000 shares in the company, valued at $537,250. This trade represents a 47.06% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders purchased 15,000 shares of company stock worth $328,040. 5.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On American Homes 4 Rent

Large investors have recently bought and sold shares of the business. Vanderbilt University raised its stake in American Homes 4 Rent by 1.5% during the first quarter. Vanderbilt University now owns 23,385 shares of the real estate investment trust’s stock valued at $653,000 after purchasing an additional 346 shares in the last quarter. OMERS ADMINISTRATION Corp lifted its position in American Homes 4 Rent by 3.6% during the first quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust’s stock valued at $338,000 after purchasing an additional 424 shares during the last quarter. Assetmark Inc. grew its stake in shares of American Homes 4 Rent by 7.2% in the 1st quarter. Assetmark Inc. now owns 6,427 shares of the real estate investment trust’s stock worth $179,000 after buying an additional 431 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of 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 worth $33,000 after buying an additional 483 shares in the last quarter. Finally, Allstate Corp grew its stake in shares of American Homes 4 Rent by 2.4% in the 2nd quarter. Allstate Corp now owns 26,222 shares of the real estate investment trust’s stock worth $879,000 after buying an additional 622 shares in the last quarter. Institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE:AMH) is a real estate investment trust that owns, develops, acquires, leases and manages single-family rental homes in the United States. The company provides professionally managed rental housing, offering residents detached homes with features such as multiple bedrooms, private outdoor space and access to online leasing and maintenance services.

Founded in 2012, American Homes 4 Rent has built a portfolio through home acquisitions and the development of purpose-built rental communities.