American Homes 4 Rent (NYSE:AMH) Receives Consensus Recommendation of “Moderate Buy” from Analysts

American Homes 4 Rent (NYSE:AMH) has received a consensus rating of “Moderate Buy” from the thirteen ratings firms that are covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $41.00.

Several equities analysts have recently issued reports on AMH shares. Barclays decreased their target price on American Homes 4 Rent from $40.00 to $39.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 12th. Morgan Stanley boosted their target price on American Homes 4 Rent from $40.50 to $41.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 19th. Citigroup lowered American Homes 4 Rent from a “buy” rating to a “neutral” rating and set a $41.00 target price for the company. in a research report on Friday, June 6th. Royal Bank Of Canada boosted their target price on American Homes 4 Rent from $39.00 to $41.00 and gave the stock an “outperform” rating in a research report on Monday, May 5th. Finally, Scotiabank boosted their target price on American Homes 4 Rent from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Monday, May 12th.

American Homes 4 Rent Stock Performance

American Homes 4 Rent stock opened at $35.83 on Monday. The stock has a 50-day simple moving average of $35.53 and a 200 day simple moving average of $36.28. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a 12-month low of $31.68 and a 12-month high of $41.41. The stock has a market capitalization of $13.29 billion, a price-to-earnings ratio of 32.27, a P/E/G ratio of 3.02 and a beta of 0.75.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results on Thursday, July 31st. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.01. The company had revenue of $457.50 million during the quarter, compared to analyst estimates of $451.50 million. American Homes 4 Rent had a return on equity of 5.60% and a net margin of 23.72%.The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.45 EPS. American Homes 4 Rent has set its FY 2025 guidance at 1.840-1.880 EPS. On average, research analysts anticipate that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a $0.30 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.20 annualized dividend and a dividend yield of 3.3%. American Homes 4 Rent’s payout ratio is currently 108.11%.

Insider Activity

In other American Homes 4 Rent news, Director Jack E. Corrigan acquired 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 12th. The stock was acquired at an average cost of $22.93 per share, for a total transaction of $91,720.00. Following the transaction, the director owned 15,000 shares of the company’s stock, valued at $343,950. This trade represents a 36.36% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 6.01% of the company’s stock.

Hedge Funds Weigh In On American Homes 4 Rent

Institutional investors and hedge funds have recently modified their holdings of the business. Golden State Wealth Management LLC acquired a new position in shares of American Homes 4 Rent in the 1st quarter valued at approximately $29,000. Hantz Financial Services Inc. grew its position in shares of American Homes 4 Rent by 922.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 747 shares during the period. Parallel Advisors LLC grew its position in shares of American Homes 4 Rent by 171.1% in the 1st quarter. Parallel Advisors LLC now owns 843 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 532 shares during the period. AlphaQuest LLC acquired a new position in shares of American Homes 4 Rent in the 2nd quarter valued at approximately $33,000. Finally, Pandora Wealth Inc. acquired a new position in shares of American Homes 4 Rent in the 1st quarter valued at approximately $38,000. 91.87% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Company Profile

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.