Keefe, Bruyette & Woods Lowers American Homes 4 Rent (NYSE:AMH) Price Target to $35.00

American Homes 4 Rent (NYSE:AMH) had its target price cut by Keefe, Bruyette & Woods from $37.00 to $35.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 17.39% from the stock’s current price.

A number of other analysts also recently issued reports on the company. Citizens Jmp lowered their price target on American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating for the company in a research report on Monday. Morgan Stanley reduced their target price on shares of American Homes 4 Rent from $41.00 to $40.00 and set an “overweight” rating on the stock in a research note on Thursday, November 13th. JPMorgan Chase & Co. lowered their target price on shares of American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating for the company in a report on Monday, January 12th. UBS Group cut their price target on shares of American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. Finally, Mizuho reissued a “neutral” rating and issued a $32.00 price objective (down from $33.00) on shares of American Homes 4 Rent in a research report on Thursday, January 8th. Eight analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, American Homes 4 Rent has an average rating of “Hold” and an average target price of $36.69.

American Homes 4 Rent Stock Up 1.3%

Shares of NYSE:AMH opened at $29.82 on Wednesday. The company has a market cap of $11.06 billion, a price-to-earnings ratio of 25.27, a PEG ratio of 2.83 and a beta of 0.80. American Homes 4 Rent has a 12 month low of $28.84 and a 12 month high of $39.49. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 0.66. The company has a 50-day moving average price of $31.42 and a 200 day moving average price of $32.43.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data 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). The company had revenue of $402.93 million for the quarter, compared to analysts’ expectations of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the company earned $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, equities research analysts predict that American Homes 4 Rent will post 1.85 earnings per share for the current year.

Insider Activity

In other American Homes 4 Rent news, Director Jack E. Corrigan acquired 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were bought at an average cost of $22.96 per share, with a total value of $114,800.00. Following the completion of the acquisition, the director directly owned 17,300 shares in the company, valued at $397,208. This represents a 40.65% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 6.01% of the company’s stock.

Institutional Trading of American Homes 4 Rent

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of American Homes 4 Rent by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock worth $1,486,798,000 after acquiring an additional 246,713 shares in the last quarter. Norges Bank bought a new stake in American Homes 4 Rent during the fourth quarter valued at about $710,672,000. State Street Corp grew its stake in American Homes 4 Rent by 2.2% in the third quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock valued at $612,605,000 after purchasing an additional 399,894 shares during the last quarter. Principal Financial Group Inc. grew its stake in American Homes 4 Rent by 8.7% in the fourth quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust’s stock valued at $507,532,000 after purchasing an additional 1,260,717 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in American Homes 4 Rent by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 7,355,760 shares of the real estate investment trust’s stock worth $235,572,000 after purchasing an additional 161,676 shares in the last quarter. 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.