Brokerages Set American Homes 4 Rent (NYSE:AMH) Price Target at $39.57

American Homes 4 Rent (NYSE:AMH) has received a consensus rating of “Moderate Buy” from the fifteen analysts that are covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $39.3571.

Several brokerages recently issued reports on AMH. Wells Fargo & Company cut their target price on shares of American Homes 4 Rent from $39.00 to $38.00 and set an “overweight” rating for the company in a research note on Monday, October 13th. The Goldman Sachs Group downgraded shares of American Homes 4 Rent from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $43.00 to $37.00 in a research report on Wednesday, September 17th. Morgan Stanley raised their price objective on shares of 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. Mizuho cut their price objective on shares of American Homes 4 Rent from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Tuesday. Finally, Evercore ISI cut their price objective on shares of American Homes 4 Rent from $41.00 to $40.00 and set an “outperform” rating for the company in a research report on Monday, September 15th.

American Homes 4 Rent Price Performance

AMH stock opened at $33.29 on Tuesday. The stock has a 50-day moving average price of $33.77 and a two-hundred day moving average price of $35.53. The stock has a market cap of $12.35 billion, a PE ratio of 29.99, a price-to-earnings-growth ratio of 3.04 and a beta of 0.75. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a 1 year low of $31.68 and a 1 year high of $39.49.

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

American Homes 4 Rent Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a dividend of $0.30 per share. The ex-dividend date was Monday, September 15th. This represents a $1.20 annualized dividend and a yield of 3.6%. American Homes 4 Rent’s dividend payout ratio (DPR) is 108.11%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Golden State Wealth Management LLC bought a new position in shares of American Homes 4 Rent during the first quarter worth approximately $29,000. Hantz Financial Services Inc. increased its stake in American Homes 4 Rent by 922.2% in the second quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 747 shares during the last quarter. AlphaQuest LLC bought a new position in American Homes 4 Rent in the second quarter valued at approximately $33,000. Pandora Wealth Inc. bought a new position in American Homes 4 Rent in the first quarter valued at approximately $38,000. Finally, SVB Wealth LLC bought a new position in American Homes 4 Rent in the first quarter valued at approximately $42,000. 91.87% of the stock is owned by institutional investors.

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.