American Homes 4 Rent (NYSE:AMH) Director Purchases 1,000 Shares of Stock

Key Points

• Director Jack Corrigan purchased 1,000 AMH shares at $21.60 each, increasing his holdings by 4.55% to 23,000 shares.
• American Homes 4 Rent reported quarterly EPS of $0.31, beating estimates by $0.13, while revenue rose 2.8% year over year to $470.1 million.
• The company declared a quarterly dividend of $0.33 per share, representing a 4.2% annualized yield; analysts maintain a “Moderate Buy” consensus with an average price target of $36.83.

American Homes 4 Rent (NYSE:AMH - Get Free Report) Director Jack Corrigan purchased 1,000 shares of the company's stock in a transaction that occurred on Thursday, September 10th. The shares were purchased at an average cost of $21.60 per share, with a total value of $21,600.00. Following the completion of the acquisition, the director owned 23,000 shares in the company, valued at $496,800. The trade was a 4.55% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

American Homes 4 Rent Stock Performance

Shares of American Homes 4 Rent stock traded up $0.15 during trading on Monday, reaching $31.63. The company's stock had a trading volume of 2,189,574 shares, compared to its average volume of 3,235,597. 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 business's 50-day moving average price is $33.62 and its 200-day moving average price is $31.84. American Homes 4 Rent has a 52 week low of $27.22 and a 52 week high of $35.07. The firm has a market cap of $11.41 billion, a PE ratio of 25.10, a P/E/G ratio of 5.62 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, topping 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 business had revenue of $470.10 million during the quarter, compared to analysts' expectations of $466.51 million. During the same quarter in the previous year, the company earned $0.47 EPS. The business's revenue 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 1.91 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.32 dividend on an annualized basis and a yield of 4.2%. American Homes 4 Rent's dividend payout ratio is currently 104.76%.

Hedge Funds Weigh In On American Homes 4 Rent

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc increased its holdings in shares of American Homes 4 Rent by 122.2% during the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust's stock worth $26,000 after buying an additional 441 shares in the last quarter. Bessemer Group Inc. increased its holdings in American Homes 4 Rent by 70.3% in the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 483 shares in the last quarter. Root Financial Partners LLC raised its position in 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 purchasing an additional 1,374 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings in American Homes 4 Rent by 199.0% in the 2nd 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 last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in American Homes 4 Rent during the 4th quarter worth approximately $49,000. Institutional investors own 91.87% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AMH shares. UBS Group upped their target price on American Homes 4 Rent from $32.00 to $35.00 and gave the company a "neutral" rating in a research report on Wednesday, July 8th. Wells Fargo & Company increased their price objective on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the stock an "overweight" rating in a research note on Monday, August 10th. Mizuho boosted their target price on shares of American Homes 4 Rent from $29.00 to $35.00 and gave the company a "neutral" rating in a research report on Wednesday, June 17th. Citigroup reiterated a "market outperform" rating on shares of American Homes 4 Rent in a research report on Wednesday, August 5th. Finally, Barclays boosted their price objective on shares of American Homes 4 Rent from $32.00 to $36.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, American Homes 4 Rent presently has a consensus rating of "Moderate Buy" and a consensus price target of $36.83.

American Homes 4 Rent Company Profile

American Homes 4 Rent NYSE: AMH is a real estate investment trust focused on owning, developing and operating single-family rental homes. The company leases homes to residents and manages the properties through a combination of in-house operations and technology-enabled services.

AMH's activities include acquiring and developing homes, renovating properties, providing leasing and resident services, and maintaining its rental portfolio. Its homes are generally located in planned communities and other suburban markets designed to appeal to households seeking single-family living without homeownership.

Founded in 2012, American Homes 4 Rent serves communities across several U.S.

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