American Homes 4 Rent (NYSE:AMH) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of American Homes 4 Rent (NYSE:AMH) from a sell rating to a hold rating in a research note published on Saturday morning.

A number of other equities analysts have also issued reports on AMH. Keefe, Bruyette & Woods decreased their price target on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft decreased their price target on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating for the company in a research note on Friday, March 20th. Citizens Jmp decreased 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, January 21st. Finally, Compass Point initiated coverage on American Homes 4 Rent in a research note on Tuesday, April 28th. They set a “buy” rating and a $37.50 price target for the company. Eight research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, American Homes 4 Rent currently has a consensus rating of “Hold” and a consensus price target of $34.94.

American Homes 4 Rent Stock Performance

Shares of AMH stock opened at $32.03 on Friday. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $39.01. The firm has a market capitalization of $11.65 billion, a price-to-earnings ratio of 26.04, a price-to-earnings-growth ratio of 4.62 and a beta of 0.82. The business has a 50 day simple moving average of $29.57 and a 200 day simple moving average of $30.92. 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 (NYSE:AMH) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The business had revenue of $472.02 million during the quarter, compared to analyst estimates of $470.62 million. During the same period in the prior year, the company posted $0.46 EPS. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, equities research analysts anticipate that American Homes 4 Rent will post 1.92 EPS for the current year.

American Homes 4 Rent Increases Dividend

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

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Douglas N. Benham acquired 1,200 shares of American Homes 4 Rent stock in a transaction dated 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 purchase, the director directly owned 44,717 shares in the company, valued at $1,082,151.40. The trade was a 2.76% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Goldberg acquired 2,000 shares of American Homes 4 Rent stock in a transaction dated Tuesday, March 3rd. The shares were bought 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. This represents a 5.76% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have bought 6,771 shares of company stock valued at $183,684. Corporate insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

Several large investors have recently modified their holdings of AMH. Wilmington Savings Fund Society FSB boosted its stake in shares of 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 worth $25,000 after acquiring an additional 751 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of American Homes 4 Rent by 122.2% during 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 in the last quarter. True Wealth Design LLC boosted its stake in shares of American Homes 4 Rent by 230.8% during 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 in the last quarter. Parallel Advisors LLC boosted its stake in shares of American Homes 4 Rent by 84.8% during the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 442 shares in the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of American Homes 4 Rent by 70.3% during the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 483 shares in the last quarter. 91.87% of the stock is owned by institutional investors.

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.