American Homes 4 Rent (NYSE:AMH) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

American Homes 4 Rent (NYSE:AMH) had its price objective increased by equities researchers at Wells Fargo & Company from $36.00 to $38.00 in a report issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target points to a potential upside of 11.70% from the stock’s current price.

Other analysts have also recently issued reports about the company. Scotiabank upped their target price on American Homes 4 Rent from $32.00 to $33.00 and gave the company a “sector perform” rating in a report on Thursday, June 18th. Royal Bank Of Canada raised their price target on shares of American Homes 4 Rent from $36.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Compass Point assumed coverage on shares of American Homes 4 Rent in a research report on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price target on the stock. BMO Capital Markets raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price objective on the stock in a research note on Friday, June 26th. Finally, UBS Group increased their price objective on shares of American Homes 4 Rent from $32.00 to $35.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.81.

American Homes 4 Rent Trading Down 1.8%

NYSE AMH traded down $0.61 during trading hours on Monday, reaching $34.02. The company’s stock had a trading volume of 739,500 shares, compared to its average volume of 3,423,768. The firm has a fifty day simple moving average of $33.33 and a 200-day simple moving average of $31.44. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.59 and a quick ratio of 0.59. American Homes 4 Rent has a 52 week low of $27.22 and a 52 week high of $35.85. The stock has a market cap of $12.27 billion, a P/E ratio of 27.00, a P/E/G ratio of 6.26 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The firm had revenue of $470.10 million during the quarter, compared to the consensus estimate of $466.51 million. During the same quarter last year, the firm earned $0.47 earnings per share. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Equities analysts forecast that American Homes 4 Rent will post 1.88 earnings per share for the current fiscal year.

Insider Transactions at American Homes 4 Rent

In other news, Director Jack E. Corrigan bought 2,041 shares of the stock in a transaction dated Monday, May 18th. The shares were bought 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 of the company’s stock, valued at $400,010. This trade represents a 13.64% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders purchased a total of 5,000 shares of company stock valued at $117,024 in the last 90 days. 5.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On American Homes 4 Rent

A number of institutional investors and hedge funds have recently made changes to their positions in AMH. Wilmington Savings Fund Society FSB boosted its holdings in 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 during the last quarter. IFP Advisors Inc raised its holdings in shares of American Homes 4 Rent by 122.2% in the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 441 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of American Homes 4 Rent by 84.8% in 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. Prosperity Bancshares Inc bought a new position in shares of American Homes 4 Rent during the fourth quarter valued at about $35,000. Finally, V Square Quantitative Management LLC bought a new position in shares of American Homes 4 Rent during the fourth quarter valued at about $37,000. 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.