American Homes 4 Rent (NYSE:AMH – Free Report) had its price target boosted by Barclays from $31.00 to $32.00 in a research note published on Monday,Benzinga reports. They currently have an equal weight rating on the real estate investment trust’s stock.
Other equities research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft reduced 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 report on Friday, March 20th. Raymond James Financial restated a “market perform” rating on shares of American Homes 4 Rent in a report on Friday, February 27th. Scotiabank reduced their price target on shares of American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating for the company in a report on Wednesday, March 4th. Citigroup reduced their price target on shares of American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a report on Monday, March 2nd. Finally, Morgan Stanley reduced 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 report on Monday, March 9th. Seven investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $35.26.
Get Our Latest Analysis on AMH
American Homes 4 Rent Price Performance
American Homes 4 Rent (NYSE:AMH – Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 EPS for the quarter, missing the consensus estimate 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 business had revenue of $402.93 million during the quarter, compared to the consensus estimate of $459.24 million. During the same quarter in the prior year, the firm posted $0.45 EPS. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, research analysts forecast that American Homes 4 Rent will post 1.92 earnings per share for the current year.
American Homes 4 Rent Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors 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 annualized dividend and a dividend yield of 4.4%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 111.86%.
Insider Activity at American Homes 4 Rent
In other news, Director David Goldberg acquired 2,000 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average price of $29.30 per share, for a total transaction of $58,600.00. Following the purchase, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. The trade was a 5.76% increase in their position. The purchase was disclosed in a document filed with the SEC, 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 purchased at an average price of $24.00 per share, with a total value of $37,704.00. Following the purchase, 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. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 6,771 shares of company stock valued at $183,684. 5.70% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of AMH. Norges Bank bought a new position in shares of American Homes 4 Rent during the 4th quarter worth approximately $710,672,000. Bank of Montreal Can grew its position in American Homes 4 Rent by 3,526.2% during the 4th quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock worth $147,655,000 after purchasing an additional 4,472,998 shares during the last quarter. AQR Capital Management LLC grew its position in American Homes 4 Rent by 1,299.8% during the 4th quarter. AQR Capital Management LLC now owns 3,112,624 shares of the real estate investment trust’s stock worth $99,915,000 after purchasing an additional 2,890,263 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC grew its position in American Homes 4 Rent by 104.4% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,850,171 shares of the real estate investment trust’s stock worth $155,690,000 after purchasing an additional 2,477,585 shares during the last quarter. Finally, M&T Bank Corp grew its position in American Homes 4 Rent by 21,864.2% during the 4th quarter. M&T Bank Corp now owns 1,774,489 shares of the real estate investment trust’s stock worth $56,961,000 after purchasing an additional 1,766,410 shares during the last quarter. Institutional investors own 91.87% of the company’s stock.
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.
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