American Homes 4 Rent (NYSE:AMH) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• American Homes 4 Rent has a consensus rating of "Moderate Buy" from analysts, with six hold ratings and seven buy ratings among thirteen rating firms.
• The company's latest earnings report showed $0.47 EPS, exceeding analyst estimates and demonstrating an 8% increase in quarterly revenue compared to the previous year.
• A quarterly dividend of $0.30 is scheduled for payment on September 30th, indicating a dividend yield of 3.3% and a payout ratio of over 108%.

Shares of American Homes 4 Rent (NYSE:AMH - Get Free Report) have been given a consensus rating of "Moderate Buy" by the twelve ratings firms that are presently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $40.4167.

A number of equities analysts have issued reports on AMH shares. Scotiabank lifted their target price on shares of American Homes 4 Rent from $38.00 to $41.00 and gave the stock a "sector perform" rating in a research report on Monday, May 12th. Citigroup cut shares of American Homes 4 Rent from a "buy" rating to a "neutral" rating and set a $41.00 target price for the company. in a research report on Friday, June 6th. Morgan Stanley lifted their target price on shares of American Homes 4 Rent from $40.50 to $41.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 19th. Raymond James Financial lifted their target price on shares of American Homes 4 Rent from $39.00 to $43.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Finally, Barclays cut their target price on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "equal weight" rating for the company in a research report on Tuesday, August 12th.

American Homes 4 Rent Stock Performance

NYSE:AMH traded up $0.23 during trading hours on Monday, reaching $34.85. 4,256,682 shares of the company's stock were exchanged, compared to its average volume of 1,961,513. The firm has a market capitalization of $12.92 billion, a price-to-earnings ratio of 31.39, a P/E/G ratio of 2.92 and a beta of 0.75. The company has a 50-day moving average of $35.40 and a 200 day moving average of $36.25. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a 1-year low of $31.68 and a 1-year high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.47 EPS for the quarter, topping the consensus estimate of $0.46 by $0.01. American Homes 4 Rent had a net margin of 23.72% and a return on equity of 5.60%. The company had revenue of $457.50 million during the quarter, compared to analysts' expectations of $451.50 million. During the same quarter last year, the business earned $0.45 EPS. The business's revenue was up 8.0% on a year-over-year basis. American Homes 4 Rent has set its FY 2025 guidance at 1.840-1.880 EPS. Research analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.30 per share. The ex-dividend date is Monday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.4%. American Homes 4 Rent's payout ratio is 108.11%.

Insider Activity at American Homes 4 Rent

In related news, Director Jack E. Corrigan bought 4,000 shares of the stock in a transaction that occurred on Thursday, June 12th. The stock was purchased at an average cost of $22.93 per share, for a total transaction of $91,720.00. Following the completion of the acquisition, the director owned 15,000 shares in the company, valued at $343,950. This trade represents a 36.36% 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. 6.32% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AMH. Norges Bank purchased a new position in shares of American Homes 4 Rent in the second quarter valued at $796,706,000. Nuveen LLC purchased a new position in shares of American Homes 4 Rent in the first quarter valued at $113,669,000. Deutsche Bank AG boosted its stake in shares of American Homes 4 Rent by 336.7% in the first quarter. Deutsche Bank AG now owns 3,079,945 shares of the real estate investment trust's stock valued at $116,453,000 after purchasing an additional 2,374,678 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of American Homes 4 Rent by 15.2% in the first quarter. JPMorgan Chase & Co. now owns 15,899,721 shares of the real estate investment trust's stock valued at $601,169,000 after purchasing an additional 2,094,497 shares during the period. Finally, Centersquare Investment Management LLC boosted its stake in shares of American Homes 4 Rent by 283.7% in the first quarter. Centersquare Investment Management LLC now owns 1,825,434 shares of the real estate investment trust's stock valued at $69,020,000 after purchasing an additional 1,349,634 shares during the period. 91.87% of the stock is owned by institutional investors and hedge funds.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.