American Homes 4 Rent (NYSE:AMH) Stock Now Rated "Moderate Buy" by Wall Street Analysts

Key Points

• Analysts rate American Homes 4 Rent “Moderate Buy,” with 11 buy, 6 hold and 1 strong-buy ratings among 18 firms. The average 12-month price target is $36.71, above the reported share price of $30.12.
• Insider and institutional activity has been broadly positive: a director purchased 8,000 shares, insiders acquired 15,000 shares over three months, and institutional investors own 91.87% of the stock.
• The REIT beat quarterly earnings expectations with $0.31 EPS versus a $0.18 estimate and revenue of $470.1 million. It also pays a quarterly dividend of $0.33, equivalent to a 4.4% annualized yield.

Shares of American Homes 4 Rent (NYSE:AMH - Get Free Report) have earned a consensus rating of "Moderate Buy" from the eighteen research firms that are currently covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $36.71.

Several research analysts have weighed in on AMH shares. Barclays upped their target price on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 14th. UBS Group boosted their price target on American Homes 4 Rent from $32.00 to $35.00 and gave the company a "neutral" rating in a research note on Wednesday, July 8th. JPMorgan Chase & Co. increased their price objective on American Homes 4 Rent from $35.00 to $38.00 and gave the stock a "neutral" rating in a report on Wednesday, August 19th. Citigroup reaffirmed a "market outperform" rating on shares of American Homes 4 Rent in a research report on Wednesday, August 5th. Finally, Royal Bank Of Canada boosted their target price on shares of American Homes 4 Rent from $36.00 to $37.00 and gave the stock an "outperform" rating in a research report on Monday, August 3rd.

Insider Transactions at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack Corrigan bought 8,000 shares of the stock in a transaction on Friday, September 11th. The shares were purchased at an average cost of $21.49 per share, with a total value of $171,920.00. Following the completion of the transaction, the director directly 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 document filed with the SEC, which can be accessed through this hyperlink. Insiders have acquired 15,000 shares of company stock valued at $328,040 in the last three months. Corporate insiders own 5.70% of the company's stock.

Institutional Trading of American Homes 4 Rent

A number of institutional investors and hedge funds have recently made changes to their positions in AMH. Principal Financial Group Inc. increased its holdings in shares of American Homes 4 Rent by 19.8% during the 1st quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust's stock valued at $528,736,000 after acquiring an additional 3,126,434 shares during the last quarter. Centersquare Investment Management LLC lifted its holdings in American Homes 4 Rent by 16.4% in the 4th quarter. Centersquare Investment Management LLC now owns 6,135,358 shares of the real estate investment trust's stock worth $196,945,000 after purchasing an additional 864,078 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in American Homes 4 Rent by 24.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,292,602 shares of the real estate investment trust's stock worth $105,693,000 after purchasing an additional 641,438 shares during the last quarter. Lasalle Investment Management Securities LLC boosted its position in American Homes 4 Rent by 18.9% during the first quarter. Lasalle Investment Management Securities LLC now owns 3,633,873 shares of the real estate investment trust's stock worth $101,458,000 after purchasing an additional 577,750 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in American Homes 4 Rent by 83.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,544,892 shares of the real estate investment trust's stock valued at $98,973,000 after purchasing an additional 1,608,934 shares during the last quarter. Institutional investors and hedge funds own 91.87% of the company's stock.

American Homes 4 Rent Trading Down 0.5%

American Homes 4 Rent stock opened at $30.12 on Tuesday. The company's fifty day simple moving average is $32.76 and its 200-day simple moving average is $32.00. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.69. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month high of $35.07. The stock has a market cap of $10.86 billion, a P/E ratio of 23.90, a P/E/G ratio of 5.73 and a beta of 0.77.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.13. The business had revenue of $470.10 million during the quarter, compared to analyst estimates of $466.51 million. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%.American Homes 4 Rent's quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the company earned $0.47 earnings per share. 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 fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, September 15th. American Homes 4 Rent's payout ratio is presently 104.76%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.