American Homes 4 Rent (NYSE:AMH) Receives $35.21 Average Target Price from Brokerages

American Homes 4 Rent (NYSE:AMH) has been given an average recommendation of “Hold” by the eighteen brokerages that are covering the stock, MarketBeat.com 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 target among brokers that have updated their coverage on the stock in the last year is $35.2059.

AMH has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating for the company in a research note on Friday, March 20th. Wells Fargo & Company decreased their price target on shares of 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. Barclays decreased their price target on shares of 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. Keefe, Bruyette & Woods decreased their price target on shares of American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Finally, Morgan Stanley decreased their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday, March 9th.

Insiders Place Their Bets

In other American Homes 4 Rent news, Director Douglas N. Benham purchased 1,200 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was acquired at an average price of $24.20 per share, for a total transaction of $29,040.00. Following the purchase, the director 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 purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director David Goldberg purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were acquired at an average price of $29.30 per share, with a total value of $58,600.00. Following the purchase, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. This represents a 5.76% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 6,771 shares of company stock valued at $183,684 in the last 90 days. 5.70% of the stock is currently owned by company insiders.

Institutional Trading of American Homes 4 Rent

Several institutional investors have recently made changes to their positions in AMH. Wilmington Savings Fund Society FSB grew its stake in shares of American Homes 4 Rent by 10,728.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 751 shares in the last quarter. IFP Advisors Inc grew its stake in shares of American Homes 4 Rent by 122.2% in the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 441 shares in the last quarter. True Wealth Design LLC grew its stake in shares of 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 in the last quarter. Parallel Advisors LLC grew its stake in shares of 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 in the last quarter. Finally, Prosperity Bancshares Inc bought a new stake in shares of American Homes 4 Rent in the 4th quarter worth $35,000. Institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Stock Down 0.8%

American Homes 4 Rent stock opened at $29.92 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $39.49. The firm’s fifty day moving average is $29.51 and its 200 day moving average is $31.07. The company has a market capitalization of $10.88 billion, a PE ratio of 25.36, a PEG ratio of 4.35 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last released 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). American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The company had revenue of $402.93 million for the quarter, compared to analyst estimates of $459.24 million. During the same quarter in the previous year, the firm earned $0.45 EPS. The firm’s revenue 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. As a group, sell-side analysts predict that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.33 per share. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, March 13th. This represents a $1.32 dividend on an annualized basis and a yield of 4.4%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 111.86%.

American Homes 4 Rent Company Profile

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.