American Homes 4 Rent (NYSE:AMH) Receives $35.08 Consensus Target Price from Analysts

Shares of American Homes 4 Rent (NYSE:AMH) have received an average recommendation of “Hold” from the nineteen brokerages that are currently covering the company, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $35.0833.

A number of brokerages have commented on AMH. Weiss Ratings raised shares of American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft decreased their price target on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating for the company in a report on Friday, March 20th. Morgan Stanley cut their target price on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. Citigroup lowered their price target on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a report on Monday, March 2nd. Finally, Scotiabank raised their price objective on shares of American Homes 4 Rent from $31.00 to $32.00 and gave the stock a “sector perform” rating in a report on Thursday, May 21st.

Insider Buying and Selling

In related news, Director Jack E. Corrigan purchased 2,041 shares of American Homes 4 Rent stock in a transaction that occurred on Monday, May 18th. The stock was purchased at an average cost of $23.53 per share, with a total value of $48,024.73. Following the completion of the transaction, the director directly owned 17,000 shares in the company, valued at approximately $400,010. The trade was a 13.64% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders have acquired 5,000 shares of company stock worth $117,024. 5.70% of the stock is owned by company insiders.

Institutional Trading of American Homes 4 Rent

Several institutional investors and hedge funds have recently made changes to their positions in the company. Jones Financial Companies Lllp increased its position in American Homes 4 Rent by 1,103.6% during the first quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock worth $493,000 after buying an additional 11,963 shares during the period. Cetera Investment Advisers grew its position in shares of American Homes 4 Rent by 3.3% during the second quarter. Cetera Investment Advisers now owns 16,819 shares of the real estate investment trust’s stock worth $607,000 after acquiring an additional 537 shares during the last quarter. Walleye Capital LLC acquired a new position in shares of American Homes 4 Rent in the 2nd quarter valued at $255,000. Jump Financial LLC acquired a new position in shares of American Homes 4 Rent in the 2nd quarter valued at $413,000. Finally, Cerity Partners LLC raised its position in American Homes 4 Rent by 5.6% in the 2nd quarter. Cerity Partners LLC now owns 45,558 shares of the real estate investment trust’s stock valued at $1,643,000 after purchasing an additional 2,401 shares during the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

American Homes 4 Rent Trading Up 2.0%

Shares of American Homes 4 Rent stock opened at $33.44 on Wednesday. The stock has a 50 day moving average of $31.08 and a 200 day moving average of $30.89. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. The firm has a market capitalization of $12.06 billion, a price-to-earnings ratio of 27.19, a PEG ratio of 4.31 and a beta of 0.81. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $37.10.

American Homes 4 Rent (NYSE:AMH) last announced 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. The company had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, research analysts predict that American Homes 4 Rent will post 1.93 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, June 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is 107.32%.

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.