Mizuho Issues Pessimistic Forecast for American Homes 4 Rent (NYSE:AMH) Stock Price

American Homes 4 Rent (NYSE:AMH) had its price target reduced by research analysts at Mizuho from $32.00 to $29.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s price objective suggests a potential upside of 1.62% from the company’s current price.

A number of other equities research analysts also recently weighed in on AMH. Royal Bank Of Canada dropped their target price on American Homes 4 Rent from $38.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday, February 23rd. BMO Capital Markets reiterated a “market perform” rating and issued a $37.00 price objective on shares of American Homes 4 Rent in a research report on Friday, January 9th. Wall Street Zen cut American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Sunday, January 18th. Scotiabank cut their target price on shares of American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 4th. Finally, UBS Group reduced their target price on shares of American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Seven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, American Homes 4 Rent has an average rating of “Hold” and an average target price of $35.53.

American Homes 4 Rent Price Performance

Shares of American Homes 4 Rent stock traded down $0.08 during midday trading on Friday, reaching $28.54. The company had a trading volume of 681,943 shares, compared to its average volume of 4,758,758. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $10.38 billion, a price-to-earnings ratio of 24.17, a price-to-earnings-growth ratio of 4.14 and a beta of 0.80. The stock has a fifty day simple moving average of $30.91 and a 200 day simple moving average of $32.04. American Homes 4 Rent has a 1-year low of $28.21 and a 1-year high of $39.49.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.14). The firm had revenue of $402.93 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, equities research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current year.

Insider Activity

In related news, Director Douglas N. Benham bought 1,571 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was bought at an average cost of $24.00 per share, for a total transaction of $37,704.00. Following the transaction, the director owned 43,517 shares of the company’s stock, valued at $1,044,408. This represents a 3.75% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David Goldberg purchased 2,000 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was bought at an average cost of $29.30 per share, with a total value of $58,600.00. Following the completion of the purchase, the director owned 36,723 shares in the company, valued at $1,075,983.90. The trade was a 5.76% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 6,771 shares of company stock worth $183,684 in the last three months. Insiders own 6.32% of the company’s stock.

Institutional Inflows and Outflows

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