American Homes 4 Rent (NYSE:AMH) Receives $36.47 Average Price Target from Analysts

Shares of American Homes 4 Rent (NYSE:AMH) have received an average rating of “Moderate Buy” from the twenty analysts that are presently covering the company, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $36.4722.

A number of analysts have weighed in on the company. Mizuho upped their price target on American Homes 4 Rent from $29.00 to $35.00 and gave the company a “neutral” rating in a research report on Wednesday, June 17th. Wells Fargo & Company lifted their price objective on American Homes 4 Rent from $34.00 to $36.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft set a $39.00 target price on shares of American Homes 4 Rent in a research note on Friday, June 26th. BMO Capital Markets raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 target price on the stock in a report on Friday, June 26th. Finally, Compass Point started coverage on shares of American Homes 4 Rent in a research report on Tuesday, April 28th. They set a “buy” rating and a $37.50 target price for the company.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Jack E. Corrigan acquired 2,041 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was bought at an average price of $23.53 per share, with a total value of $48,024.73. Following the completion of the acquisition, the director owned 17,000 shares in the company, valued at approximately $400,010. This represents a 13.64% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have purchased a total of 5,000 shares of company stock worth $117,024 over the last three months. Company insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

A number of large investors have recently bought and sold shares of AMH. Jones Financial Companies Lllp raised its position in American Homes 4 Rent by 1,103.6% in the 1st quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock valued at $493,000 after purchasing an additional 11,963 shares during the last quarter. Cetera Investment Advisers grew its holdings 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 purchasing an additional 537 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of American Homes 4 Rent during the second quarter worth $255,000. Jump Financial LLC acquired a new stake in shares of American Homes 4 Rent in the second quarter valued at $413,000. Finally, Cerity Partners LLC increased its stake in shares of American Homes 4 Rent by 5.6% in the second quarter. Cerity Partners LLC now owns 45,558 shares of the real estate investment trust’s stock valued at $1,643,000 after buying an additional 2,401 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors.

American Homes 4 Rent Stock Down 0.3%

NYSE AMH opened at $33.67 on Thursday. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. The stock’s 50 day moving average is $33.04 and its two-hundred day moving average is $31.31. The company has a market capitalization of $12.14 billion, a price-to-earnings ratio of 27.38, a PEG ratio of 4.56 and a beta of 0.79. American Homes 4 Rent has a 1-year low of $27.22 and a 1-year high of $36.13.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. The business had revenue of $472.02 million during the quarter, compared to analysts’ expectations of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.American Homes 4 Rent’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities analysts forecast that American Homes 4 Rent will post 1.88 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, June 15th. American Homes 4 Rent’s dividend payout ratio is currently 107.32%.

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.