Douglas Benham Acquires 1,571 Shares of American Homes 4 Rent (NYSE:AMH) Stock

American Homes 4 Rent (NYSE:AMHGet Free Report) Director Douglas Benham acquired 1,571 shares of American Homes 4 Rent stock in a transaction dated Wednesday, February 25th. The shares were bought at an average cost of $24.00 per share, with a total value of $37,704.00. Following the completion of the purchase, the director owned 43,517 shares in the company, valued at approximately $1,044,408. This represents a 3.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

American Homes 4 Rent Trading Down 1.1%

Shares of American Homes 4 Rent stock traded down $0.34 on Friday, reaching $30.01. 25,717,294 shares of the company were exchanged, compared to its average volume of 5,080,620. The stock has a fifty day moving average price of $31.35 and a 200-day moving average price of $32.40. 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 firm has a market capitalization of $11.14 billion, a price-to-earnings ratio of 25.43, a price-to-earnings-growth ratio of 4.25 and a beta of 0.80. American Homes 4 Rent has a fifty-two week low of $28.84 and a fifty-two week high of $39.49.

American Homes 4 Rent (NYSE:AMHGet Free Report) last posted its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.14). American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The firm had revenue of $402.93 million for the quarter, compared to analysts’ expectations of $459.24 million. During the same period in the prior year, the company posted $0.45 earnings per share. American Homes 4 Rent’s quarterly 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, analysts expect that American Homes 4 Rent will post 1.85 EPS 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 given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.4%. 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. American Homes 4 Rent’s payout ratio is 111.86%.

Hedge Funds Weigh In On American Homes 4 Rent

Several hedge funds have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB boosted its stake in shares of American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 751 shares in the last quarter. IFP Advisors Inc lifted its holdings 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. True Wealth Design LLC boosted its position in American Homes 4 Rent by 230.8% during the fourth quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 577 shares during the period. Hantz Financial Services Inc. grew its holdings in American Homes 4 Rent by 922.2% during the second quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 747 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in American Homes 4 Rent by 84.8% during the third 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 last quarter. 91.87% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Keefe, Bruyette & Woods decreased their price objective on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of American Homes 4 Rent in a report on Wednesday, January 21st. Barclays dropped their price objective 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. Morgan Stanley decreased their target price on shares of American Homes 4 Rent from $41.00 to $40.00 and set an “overweight” rating for the company in a research note on Thursday, November 13th. Finally, Scotiabank lowered their price target on shares of American Homes 4 Rent from $35.00 to $33.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 14th. Seven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $36.69.

View Our Latest Analysis on American Homes 4 Rent

About American Homes 4 Rent

(Get Free Report)

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.

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