American Homes 4 Rent (NYSE:AMH) Given New $35.00 Price Target at Keefe, Bruyette & Woods

American Homes 4 Rent (NYSE:AMH) had its target price trimmed by Keefe, Bruyette & Woods from $37.00 to $35.00 in a report published on Wednesday morning,Benzinga reports. The brokerage currently has an outperform rating on the real estate investment trust’s stock.

A number of other research firms have also recently weighed in on AMH. Barclays lowered their target price on shares of American Homes 4 Rent from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. Evercore lowered their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating on the stock in a research note on Friday, October 31st. UBS Group cut their target price on American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. Mizuho reaffirmed a “neutral” rating and issued a $32.00 price target (down from $33.00) on shares of American Homes 4 Rent in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. dropped their price objective on American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Eight equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $36.69.

American Homes 4 Rent Price Performance

Shares of NYSE:AMH opened at $29.82 on Wednesday. The firm has a market capitalization of $11.07 billion, a PE ratio of 25.27, a PEG ratio of 4.26 and a beta of 0.80. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a 1-year low of $28.84 and a 1-year high of $39.49. The business’s 50 day moving average is $31.38 and its 200-day moving average is $32.42.

American Homes 4 Rent (NYSE:AMH) last issued its 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). The firm had revenue of $402.93 million during the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the business earned $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Sell-side analysts predict 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 announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.33 per share. The ex-dividend date is Friday, March 13th. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a dividend yield of 4.4%. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 101.69%.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack E. Corrigan purchased 5,000 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, December 9th. The shares were acquired at an average price of $22.96 per share, for a total transaction of $114,800.00. Following the transaction, the director directly owned 17,300 shares in the company, valued at approximately $397,208. This represents a 40.65% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 6.32% of the company’s stock.

Hedge Funds Weigh In On American Homes 4 Rent

A number of institutional investors have recently modified their holdings of AMH. Thrivent Financial for Lutherans lifted its stake in shares of American Homes 4 Rent by 67.6% during the third quarter. Thrivent Financial for Lutherans now owns 125,412 shares of the real estate investment trust’s stock valued at $4,170,000 after acquiring an additional 50,587 shares during the period. 12th Street Asset Management Company LLC raised its holdings in American Homes 4 Rent by 64.3% during the 3rd quarter. 12th Street Asset Management Company LLC now owns 158,081 shares of the real estate investment trust’s stock worth $5,256,000 after purchasing an additional 61,838 shares during the last quarter. Retirement Systems of Alabama raised its holdings in American Homes 4 Rent by 13.3% during the 3rd quarter. Retirement Systems of Alabama now owns 910,363 shares of the real estate investment trust’s stock worth $30,270,000 after purchasing an additional 106,550 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in American Homes 4 Rent by 24.0% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,506,317 shares of the real estate investment trust’s stock valued at $83,335,000 after purchasing an additional 485,401 shares during the period. Finally, SG Americas Securities LLC boosted its stake in shares of American Homes 4 Rent by 1,062.5% in the 3rd quarter. SG Americas Securities LLC now owns 162,675 shares of the real estate investment trust’s stock valued at $5,409,000 after purchasing an additional 148,682 shares during the last quarter. 91.87% of the stock is owned by institutional investors.

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.