Jefferies Financial Group Upgrades American Homes 4 Rent (NYSE:AMH) to “Strong-Buy”

American Homes 4 Rent (NYSE:AMH) was upgraded by Jefferies Financial Group to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Several other research analysts also recently commented on the stock. BMO Capital Markets raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price target on the stock in a research note on Friday, June 26th. Keefe, Bruyette & Woods upped their price objective on shares of American Homes 4 Rent from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Morgan Stanley reduced their target price on shares of American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. Scotiabank lifted their target price on shares of American Homes 4 Rent from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 18th. Finally, Compass Point began coverage on shares of American Homes 4 Rent in a research note on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, American Homes 4 Rent presently has an average rating of “Moderate Buy” and an average target price of $36.47.

American Homes 4 Rent Trading Down 0.1%

NYSE AMH opened at $33.14 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. The stock’s 50-day simple moving average is $32.88 and its two-hundred day simple moving average is $31.25. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $36.56. The company has a market capitalization of $11.95 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 4.47 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. The firm had revenue of $472.02 million during the quarter, compared to analysts’ expectations of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Research analysts forecast that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Jack E. Corrigan bought 2,041 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were purchased at an average price of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the acquisition, the director owned 17,000 shares of the company’s stock, valued at approximately $400,010. This trade represents a 13.64% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders purchased a total of 5,000 shares of company stock worth $117,024 over the last ninety days. Corporate insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

Institutional investors have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB increased its position 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 valued at $25,000 after acquiring an additional 751 shares during the period. IFP Advisors Inc grew its position 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 buying an additional 441 shares during the last quarter. Parallel Advisors LLC increased its position in American Homes 4 Rent by 84.8% during the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 442 shares during the period. Bessemer Group Inc. lifted its holdings in American Homes 4 Rent by 70.3% in the first quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 483 shares during the period. Finally, Prosperity Bancshares Inc bought a new stake in shares of American Homes 4 Rent during the fourth quarter valued at approximately $35,000. 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.