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

American Homes 4 Rent (NYSE:AMH) has been assigned a consensus rating of “Moderate Buy” from the fifteen ratings firms that are presently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $38.1429.

Several brokerages recently weighed in on AMH. Mizuho lowered their target price on American Homes 4 Rent from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 21st. Evercore ISI cut their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating for the company in a report on Friday, October 31st. Scotiabank reduced their price objective on American Homes 4 Rent from $41.00 to $35.00 and set a “sector perform” rating for the company in a research note on Monday, November 10th. Keefe, Bruyette & Woods dropped their target price on shares of American Homes 4 Rent from $40.00 to $37.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 5th. Finally, The Goldman Sachs Group lowered American Homes 4 Rent from a “buy” rating to a “neutral” rating and dropped their price target for the company from $43.00 to $37.00 in a research report on Wednesday, September 17th.

Insiders Place Their Bets

In related news, Director Douglas N. Benham bought 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were acquired at an average price of $31.65 per share, with a total value of $31,650.00. Following the completion of the transaction, the director owned 7,991 shares of the company’s stock, valued at $252,915.15. The trade was a 14.30% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 6.01% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On American Homes 4 Rent

Several large investors have recently made changes to their positions in AMH. Wilmington Savings Fund Society FSB lifted its holdings 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 worth $25,000 after buying an additional 751 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of American Homes 4 Rent by 922.2% during the second quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 747 shares in 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 valued at $32,000 after buying an additional 442 shares during the last quarter. AlphaQuest LLC acquired a new position in American Homes 4 Rent during the second quarter valued at approximately $33,000. Finally, SVB Wealth LLC bought a new position in American Homes 4 Rent during the first quarter worth about $42,000. Institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Price Performance

AMH stock opened at $30.15 on Wednesday. American Homes 4 Rent has a 52-week low of $30.11 and a 52-week high of $39.49. The stock’s fifty day simple moving average is $32.18 and its 200-day simple moving average is $34.29. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $11.19 billion, a price-to-earnings ratio of 25.55, a price-to-earnings-growth ratio of 2.86 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.47 EPS for the quarter, topping the consensus estimate of $0.46 by $0.01. American Homes 4 Rent had a return on equity of 5.90% and a net margin of 24.70%.The firm had revenue of $478.46 million for the quarter, compared to analyst estimates of $475.75 million. During the same period in the previous year, the company posted $0.44 EPS. American Homes 4 Rent’s revenue for the quarter was up 7.5% on a year-over-year basis. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. Equities research analysts expect that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.0%. The ex-dividend date is Monday, December 15th. American Homes 4 Rent’s payout ratio is 101.69%.

About American Homes 4 Rent

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.