American Homes 4 Rent (NYSE:AMH) Stock Price Target Lowered at UBS Group

Key Points

• UBS Group lowered American Homes 4 Rent’s price target from $35 to $32 while maintaining a “neutral” rating, implying roughly 4.3% upside from the previous close. Analysts’ consensus remains “Moderate Buy,” with an average target of $36.53.
• AMH shares fell 0.5% to $30.69, below their 50-day and 200-day moving averages. The stock has traded between $27.22 and $35.07 over the past year.
• The company exceeded quarterly expectations, reporting $0.31 in EPS versus an $0.18 consensus estimate and $470.1 million in revenue, up 2.8% year over year. Insider purchases totaled 15,000 shares over the past quarter, while institutional investors own 91.87% of the stock.

American Homes 4 Rent (NYSE:AMH - Get Free Report) had its price objective cut by UBS Group from $35.00 to $32.00 in a research report issued on Monday, Benzinga reports. The firm presently has a "neutral" rating on the real estate investment trust's stock. UBS Group's price target would indicate a potential upside of 4.28% from the company's previous close.

AMH has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft set a $39.00 target price on American Homes 4 Rent in a research note on Friday, June 26th. Mizuho upgraded shares of American Homes 4 Rent from a "neutral" rating to an "outperform" rating and boosted their price objective for the company from $35.00 to $36.00 in a report on Monday, September 21st. Keefe, Bruyette & Woods boosted their price target on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Royal Bank Of Canada boosted their target price on American Homes 4 Rent from $36.00 to $37.00 and gave the company an "outperform" rating in a research note on Monday, August 3rd. Finally, Morgan Stanley lowered their price target on American Homes 4 Rent from $38.50 to $38.00 and set an "overweight" rating for the company in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $36.53.

American Homes 4 Rent Trading Down 0.5%

American Homes 4 Rent stock traded down $0.16 during mid-day trading on Monday, hitting $30.69. The stock had a trading volume of 2,530,239 shares, compared to its average volume of 3,264,569. The stock has a market capitalization of $11.07 billion, a PE ratio of 24.35, a P/E/G ratio of 5.84 and a beta of 0.77. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month high of $35.07. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.69. The stock has a 50-day simple moving average of $32.51 and a two-hundred day simple moving average of $32.07.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its 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 company had revenue of $470.10 million for the quarter, compared to analyst estimates of $466.51 million. During the same quarter last year, the firm earned $0.47 EPS. 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. As a group, sell-side analysts forecast that American Homes 4 Rent will post 1.91 EPS for the current year.

Insider Buying and Selling

In related news, Director Jack Corrigan acquired 8,000 shares of the business's stock in a transaction that occurred on Friday, September 11th. The shares were acquired at an average cost of $21.49 per share, with a total value of $171,920.00. Following the transaction, the director owned 25,000 shares of the company's stock, valued at $537,250. The trade was a 47.06% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have acquired 15,000 shares of company stock valued at $328,040. Insiders own 5.70% of the company's stock.

Hedge Funds Weigh In On American Homes 4 Rent

A number of large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in American Homes 4 Rent by 69.0% during the first quarter. Bank of America Corp DE now owns 1,609,254 shares of the real estate investment trust's stock worth $44,930,000 after acquiring an additional 656,937 shares in the last quarter. Hsbc Holdings PLC grew its position in shares of American Homes 4 Rent by 10.7% in the 2nd quarter. Hsbc Holdings PLC now owns 830,070 shares of the real estate investment trust's stock valued at $27,881,000 after acquiring an additional 80,256 shares during the period. Readystate Asset Management LP acquired a new position in shares of American Homes 4 Rent during the 2nd quarter worth about $1,936,000. Louisiana State Employees Retirement System acquired a new position in shares of American Homes 4 Rent during the 1st quarter worth about $2,638,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of American Homes 4 Rent during the 2nd quarter worth about $16,697,000. Institutional investors own 91.87% of the company's stock.

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.

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