American Homes 4 Rent (NYSE:AMH) Receives $36.47 Consensus Target Price from Brokerages

American Homes 4 Rent (NYSE:AMH) has received an average recommendation of “Moderate Buy” from the twenty analysts that are currently covering the stock, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $36.4722.

A number of research analysts recently commented on AMH shares. Wells Fargo & Company boosted their price objective on shares of American Homes 4 Rent from $34.00 to $36.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Royal Bank Of Canada boosted their price target on American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Barclays upped their price target on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 14th. Keefe, Bruyette & Woods increased their price objective on American Homes 4 Rent from $35.00 to $36.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Finally, Morgan Stanley cut their price objective on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a research note on Wednesday, May 27th.

American Homes 4 Rent Price Performance

Shares of NYSE:AMH opened at $33.43 on Thursday. The company’s fifty day moving average is $32.93 and its two-hundred day moving average is $31.27. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $36.38. The company has a market cap of $12.05 billion, a P/E ratio of 27.18, a price-to-earnings-growth ratio of 4.50 and a beta of 0.79.

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

American Homes 4 Rent Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a yield of 3.9%. American Homes 4 Rent’s payout ratio is currently 107.32%.

Insider Transactions at American Homes 4 Rent

In other news, Director Jack E. Corrigan purchased 2,041 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was bought at an average cost of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the acquisition, the director directly owned 17,000 shares of the company’s stock, valued at approximately $400,010. The trade was a 13.64% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought 5,000 shares of company stock worth $117,024 in the last three months. 5.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On American Homes 4 Rent

Several large investors have recently made changes to their positions in AMH. Commonwealth Equity Services LLC boosted its position in shares of American Homes 4 Rent by 3.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust’s stock valued at $347,000 after acquiring an additional 321 shares during the period. Vanderbilt University raised its stake in American Homes 4 Rent by 1.5% during the 1st quarter. Vanderbilt University now owns 23,385 shares of the real estate investment trust’s stock valued at $653,000 after purchasing an additional 346 shares during the last quarter. OMERS ADMINISTRATION Corp boosted its holdings in American Homes 4 Rent by 3.6% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust’s stock valued at $338,000 after purchasing an additional 424 shares during the period. Assetmark Inc. boosted its holdings in American Homes 4 Rent by 7.2% in the 1st quarter. Assetmark Inc. now owns 6,427 shares of the real estate investment trust’s stock valued at $179,000 after purchasing an additional 431 shares during the period. Finally, IFP Advisors Inc grew its position in 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 purchasing an additional 441 shares during the last quarter. Institutional investors and hedge funds 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.