American Homes 4 Rent (NYSE:AMH) Stock Has Consensus Target Price of $36.71 According to Brokerages

Shares of American Homes 4 Rent (NYSE:AMH) have been given an average recommendation of “Moderate Buy” by the eighteen brokerages that are covering the company, Marketbeat reports. Six analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $36.71.

Several equities analysts have recently issued reports on AMH shares. Deutsche Bank Aktiengesellschaft set a $39.00 target price on American Homes 4 Rent in a research report on Friday, June 26th. JPMorgan Chase & Co. increased their price target on shares of American Homes 4 Rent from $35.00 to $38.00 and gave the company a “neutral” rating in a research report on Wednesday, August 19th. Weiss Ratings reissued a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Monday, August 17th. Jefferies Financial Group upgraded shares of American Homes 4 Rent to a “strong-buy” rating in a report on Wednesday, July 22nd. Finally, Keefe, Bruyette & Woods upped their target price on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th.

American Homes 4 Rent Stock Performance

AMH stock opened at $30.47 on Tuesday. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $35.07. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.69. The company has a market cap of $10.99 billion, a P/E ratio of 24.18, a price-to-earnings-growth ratio of 5.68 and a beta of 0.77. The business’s fifty day moving average is $32.57 and its 200-day moving average is $32.05.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.13. The business had revenue of $470.10 million during the quarter, compared to analysts’ expectations of $466.51 million. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%.The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Equities research analysts forecast that American Homes 4 Rent will post 1.91 EPS for the current year.

American Homes 4 Rent Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a $0.33 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.32 annualized dividend and a dividend yield of 4.3%. American Homes 4 Rent’s payout ratio is 104.76%.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack Corrigan acquired 8,000 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were acquired at an average price of $21.49 per share, with a total value of $171,920.00. Following the purchase, the director owned 25,000 shares of the company’s stock, valued at $537,250. This represents a 47.06% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders have acquired 15,000 shares of company stock valued at $328,040. 5.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On American Homes 4 Rent

Several institutional investors and hedge funds have recently modified their holdings of the business. Bessemer Group Inc. raised its holdings in American Homes 4 Rent by 70.3% during the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 483 shares during the period. Root Financial Partners LLC boosted its holdings in shares of American Homes 4 Rent by 7,231.6% in the first quarter. Root Financial Partners LLC now owns 1,393 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 1,374 shares during the period. Elevation Wealth Partners LLC boosted its holdings in shares of American Homes 4 Rent by 199.0% in the second quarter. Elevation Wealth Partners LLC now owns 1,441 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 959 shares during the period. Hilton Head Capital Partners LLC bought a new stake in shares of American Homes 4 Rent during the fourth quarter worth $49,000. Finally, SJS Investment Consulting Inc. increased its position in shares of American Homes 4 Rent by 393.3% during the first quarter. SJS Investment Consulting Inc. now owns 2,131 shares of the real estate investment trust’s stock worth $59,000 after acquiring an additional 1,699 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE:AMH) is a real estate investment trust that owns, develops, acquires, leases and manages single-family rental homes in the United States. The company provides professionally managed rental housing, offering residents detached homes with features such as multiple bedrooms, private outdoor space and access to online leasing and maintenance services.

Founded in 2012, American Homes 4 Rent has built a portfolio through home acquisitions and the development of purpose-built rental communities.