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

American Homes 4 Rent (NYSE:AMH) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Sunday.

AMH has been the subject of several other reports. Mizuho reduced their price objective on American Homes 4 Rent from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Tuesday, October 21st. Keefe, Bruyette & Woods upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $37.00 target price on the stock in a research note on Monday, December 15th. Morgan Stanley reduced their price target on American Homes 4 Rent from $41.00 to $40.00 and set an “overweight” rating for the company in a research report on Thursday, November 13th. Scotiabank decreased their price target on shares of 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. Finally, Wolfe Research raised shares of American Homes 4 Rent from a “peer perform” rating to an “outperform” rating and set a $38.00 price objective on the stock in a research report on Thursday, October 2nd. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.14.

American Homes 4 Rent Stock Performance

Shares of AMH opened at $31.09 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.41 and a current ratio of 0.41. American Homes 4 Rent has a twelve month low of $30.11 and a twelve month high of $39.49. The firm’s 50 day moving average price is $31.99 and its two-hundred day moving average price is $33.96. The firm has a market cap of $11.54 billion, a P/E ratio of 26.35, a PEG ratio of 2.92 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Wednesday, October 29th. 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. American Homes 4 Rent had a net margin of 24.70% and a return on equity of 5.90%. The company had revenue of $478.46 million during the quarter, compared to the consensus estimate of $475.75 million. During the same quarter in the prior year, the firm earned $0.44 earnings per share. The firm’s revenue was up 7.5% compared to the same quarter last year. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. On average, analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

Insider Transactions at American Homes 4 Rent

In other news, Director Douglas N. Benham bought 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was acquired at an average cost of $31.65 per share, for a total transaction of $31,650.00. Following the purchase, the director owned 7,991 shares of the company’s stock, valued at approximately $252,915.15. This trade represents a 14.30% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jack E. Corrigan purchased 5,000 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, December 9th. The shares were acquired at an average price of $22.96 per share, with a total value of $114,800.00. Following the acquisition, the director directly owned 17,300 shares of the company’s stock, valued at $397,208. This trade represents a 40.65% increase in their position. The SEC filing for this purchase provides additional information. 6.32% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB lifted its holdings in shares of American Homes 4 Rent by 10,728.6% during the third 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. raised its stake in 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 worth $30,000 after purchasing an additional 747 shares in the last quarter. Parallel Advisors LLC boosted its holdings 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 purchasing an additional 442 shares during the period. AlphaQuest LLC acquired a new position in shares of American Homes 4 Rent during the 2nd quarter worth approximately $33,000. Finally, SVB Wealth LLC acquired a new position in shares of American Homes 4 Rent during the 1st quarter worth approximately $42,000. 91.87% of the stock is owned by institutional investors and hedge funds.

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.