Barclays Lowers American Homes 4 Rent (NYSE:AMH) Price Target to $31.00

American Homes 4 Rent (NYSE:AMH) had its price objective lowered by equities researchers at Barclays from $33.00 to $31.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price objective indicates a potential upside of 3.54% from the company’s current price.

A number of other equities research analysts have also recently commented on the stock. UBS Group reduced their target price on shares of American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. Keefe, Bruyette & Woods lowered their price target on shares of American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Scotiabank dropped their price objective on shares of American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating for the company in a research note on Wednesday. BMO Capital Markets reiterated a “market perform” rating and issued a $37.00 price objective on shares of American Homes 4 Rent in a report on Friday, January 9th. Finally, Mizuho reissued a “neutral” rating and issued a $32.00 target price (down from $33.00) on shares of American Homes 4 Rent in a research note on Thursday, January 8th. Seven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $35.78.

American Homes 4 Rent Stock Down 0.2%

Shares of AMH opened at $29.94 on Friday. The stock has a 50 day moving average price of $31.15 and a 200 day moving average price of $32.19. American Homes 4 Rent has a one year low of $28.84 and a one year high of $39.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a market capitalization of $10.89 billion, a price-to-earnings ratio of 25.37, a PEG ratio of 4.27 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.14). American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The firm had revenue of $402.93 million during the quarter, compared to analysts’ expectations of $459.24 million. During the same quarter in the previous year, the business posted $0.45 EPS. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

Insider Activity at American Homes 4 Rent

In other news, Director Douglas N. Benham bought 1,200 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were bought at an average cost of $24.20 per share, for a total transaction of $29,040.00. Following the acquisition, the director directly owned 44,717 shares of the company’s stock, valued at $1,082,151.40. This trade represents a 2.76% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David Goldberg purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average cost of $29.17 per share, with a total value of $58,340.00. Following the purchase, the director owned 34,723 shares in the company, valued at approximately $1,012,869.91. This trade represents a 6.11% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders bought 9,771 shares of company stock valued at $239,884. 6.32% of the stock is owned by company insiders.

Institutional Trading of American Homes 4 Rent

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in American Homes 4 Rent by 0.6% in the third quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock valued at $1,486,798,000 after acquiring an additional 246,713 shares during the last quarter. Norges Bank acquired a new stake in American Homes 4 Rent during the fourth quarter worth $710,672,000. State Street Corp raised its position in American Homes 4 Rent by 2.2% in the third quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock valued at $612,605,000 after purchasing an additional 399,894 shares during the period. Principal Financial Group Inc. raised its position in American Homes 4 Rent by 8.7% in the fourth quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust’s stock valued at $507,532,000 after purchasing an additional 1,260,717 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of American Homes 4 Rent by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 7,355,760 shares of the real estate investment trust’s stock valued at $235,572,000 after purchasing an additional 161,676 shares during the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

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.