Mizuho Has Lowered Expectations for American Homes 4 Rent (NYSE:AMH) Stock Price

American Homes 4 Rent (NYSE:AMH) had its price target decreased by research analysts at Mizuho from $32.00 to $29.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s price target indicates a potential upside of 2.22% from the company’s current price.

Other equities analysts also recently issued reports about the company. Citigroup dropped their price objective on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a research note on Monday, March 2nd. The Goldman Sachs Group set a $37.00 target price on American Homes 4 Rent in a research report on Monday, December 15th. Wall Street Zen lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Sunday, January 18th. Weiss Ratings restated a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Wednesday, January 21st. Finally, Wells Fargo & Company cut their price target on American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating for the company in a research note on Thursday, March 5th. Seven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $35.53.

American Homes 4 Rent Stock Down 0.9%

AMH stock opened at $28.37 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. The company’s 50-day moving average price is $30.84 and its 200 day moving average price is $31.97. American Homes 4 Rent has a 52 week low of $28.21 and a 52 week high of $39.49. The company has a market cap of $10.32 billion, a P/E ratio of 24.04, a P/E/G ratio of 4.07 and a beta of 0.80.

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

Insider Buying and Selling

In related news, Director Douglas N. Benham purchased 1,200 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was bought at an average cost of $24.20 per share, with a total value of $29,040.00. Following the completion of the acquisition, the director directly owned 44,717 shares in the company, valued at $1,082,151.40. The trade was a 2.76% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Goldberg purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was bought at an average cost of $29.30 per share, with a total value of $58,600.00. Following the completion of the acquisition, the director owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. The trade was a 5.76% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 6,771 shares of company stock worth $183,684. 6.32% of the stock is owned by corporate insiders.

Institutional Trading of American Homes 4 Rent

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMH. Corient Private Wealth LLC lifted its holdings in American Homes 4 Rent by 74.4% in the 4th quarter. Corient Private Wealth LLC now owns 29,360 shares of the real estate investment trust’s stock valued at $943,000 after purchasing an additional 12,523 shares in the last quarter. Hsbc Holdings PLC boosted its stake in shares of American Homes 4 Rent by 24.2% during the 4th quarter. Hsbc Holdings PLC now owns 715,469 shares of the real estate investment trust’s stock worth $22,969,000 after purchasing an additional 139,563 shares during the last quarter. Tobam purchased a new stake in shares of American Homes 4 Rent during the fourth quarter worth about $656,000. Kera Capital Partners Inc. purchased a new stake in shares of American Homes 4 Rent during the fourth quarter worth about $527,000. Finally, Invesco Ltd. raised its position in shares of American Homes 4 Rent by 30.1% in the fourth quarter. Invesco Ltd. now owns 6,161,646 shares of the real estate investment trust’s stock valued at $197,789,000 after buying an additional 1,425,912 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.