American Homes 4 Rent (NYSE:AMH) Director David Goldberg Acquires 2,000 Shares of Stock

American Homes 4 Rent (NYSE:AMH) Director David Goldberg acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average cost of $29.17 per share, for a total transaction of $58,340.00. Following the completion of the transaction, the director directly owned 34,723 shares of the company’s stock, valued at $1,012,869.91. This represents a 6.11% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

American Homes 4 Rent Stock Down 1.0%

AMH stock traded down $0.30 during midday trading on Friday, reaching $30.05. The company had a trading volume of 477,875 shares, compared to its average volume of 4,427,821. The company has a 50 day moving average of $31.35 and a two-hundred day moving average of $32.40. The company has a market capitalization of $11.15 billion, a P/E ratio of 25.45, a PEG ratio of 4.25 and a beta of 0.80. American Homes 4 Rent has a 1 year low of $28.84 and a 1 year 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.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.14). American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The company had revenue of $402.93 million during the quarter, compared to analyst estimates of $459.24 million. During the same period last year, the company posted $0.45 earnings per share. The company’s revenue 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, equities research analysts expect that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be 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 of this dividend is Friday, March 13th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.4%. American Homes 4 Rent’s dividend payout ratio (DPR) is 111.86%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of AMH. Kera Capital Partners Inc. acquired a new stake in shares of American Homes 4 Rent in the fourth quarter valued at about $527,000. Invesco Ltd. lifted its position in shares of American Homes 4 Rent by 30.1% during the 4th quarter. Invesco Ltd. now owns 6,161,646 shares of the real estate investment trust’s stock worth $197,789,000 after purchasing an additional 1,425,912 shares during the last quarter. Corient Private Wealth LLC boosted its stake in American Homes 4 Rent by 162.5% during the 4th quarter. Corient Private Wealth LLC now owns 44,196 shares of the real estate investment trust’s stock valued at $1,419,000 after purchasing an additional 27,359 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in American Homes 4 Rent by 192.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 73,865 shares of the real estate investment trust’s stock valued at $2,371,000 after buying an additional 48,627 shares during the last quarter. Finally, Caitlin John LLC bought a new position in American Homes 4 Rent in the 4th quarter worth approximately $266,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Wells Fargo & Company lowered their price target on American Homes 4 Rent from $38.00 to $37.00 and set an “overweight” rating for the company in a research note on Tuesday, November 25th. The Goldman Sachs Group set a $37.00 target price on shares of American Homes 4 Rent in a research report on Monday, December 15th. Mizuho restated a “neutral” rating and set a $32.00 price target (down from $33.00) on shares of American Homes 4 Rent in a research note on Thursday, January 8th. Evercore reduced their price objective on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating for the company in a research note on Friday, October 31st. Finally, Royal Bank Of Canada decreased their price objective on shares of American Homes 4 Rent from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday. Seven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, American Homes 4 Rent has a consensus rating of “Hold” and a consensus target price of $36.69.

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.