American Homes 4 Rent (NYSE:AMH) Receives $35.53 Average PT from Brokerages

Shares of American Homes 4 Rent (NYSE:AMH) have been given a consensus rating of “Hold” by the eighteen analysts that are presently covering the company, Marketbeat Ratings reports. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $35.2059.

A number of brokerages have recently weighed in on AMH. JPMorgan Chase & Co. cut their target price on shares of American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating on the stock in a research note on Monday, January 12th. Wells Fargo & Company cut their price objective on American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Barclays lowered their target price on American Homes 4 Rent from $33.00 to $31.00 and set an “equal weight” rating for the company in a research note on Friday, March 6th. Citigroup reduced their price target on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Finally, Royal Bank Of Canada lowered their price objective on American Homes 4 Rent from $38.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday, February 23rd.

American Homes 4 Rent Price Performance

Shares of AMH stock opened at $27.36 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.63 and a current ratio of 0.63. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $39.49. The firm has a market cap of $9.95 billion, a P/E ratio of 23.18, a P/E/G ratio of 3.95 and a beta of 0.80. The business’s 50 day moving average price is $30.50 and its 200-day moving average price is $31.69.

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

American Homes 4 Rent Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, March 13th. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a yield of 4.8%. American Homes 4 Rent’s payout ratio is presently 111.86%.

Insider Buying and Selling

In related news, Director David Goldberg purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average cost of $29.30 per share, with a total value of $58,600.00. Following the transaction, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. This trade represents a 5.76% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Douglas N. Benham acquired 1,571 shares of American Homes 4 Rent stock in a transaction that occurred on Wednesday, February 25th. The shares were bought at an average cost of $24.00 per share, with a total value of $37,704.00. Following the transaction, the director owned 43,517 shares in the company, valued at $1,044,408. This represents a 3.75% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 6,771 shares of company stock valued at $183,684 in the last ninety days. Insiders own 6.01% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AMH. Wilmington Savings Fund Society FSB lifted its stake in shares of American Homes 4 Rent by 10,728.6% in 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. IFP Advisors Inc increased its position in shares of American Homes 4 Rent by 122.2% during the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 441 shares in the last quarter. True Wealth Design LLC raised its holdings in American Homes 4 Rent by 230.8% in the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 577 shares during the last quarter. Parallel Advisors LLC raised 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 worth $32,000 after acquiring an additional 442 shares during the last quarter. Finally, Prosperity Bancshares Inc bought a new position in American Homes 4 Rent in the 4th quarter valued at approximately $35,000. 91.87% of the stock is owned by hedge funds and other institutional investors.

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.