Mizuho Issues Pessimistic Forecast for American Homes 4 Rent (NYSE:AMH) Stock Price

Key Points

• Mizuho has lowered its price target for American Homes 4 Rent (NYSE: AMH) from $36.00 to $34.00, suggesting a 3.23% potential upside from the stock's previous close.
• Goldman Sachs downgraded AMH from a "buy" to a "neutral" rating, with a revised price target of $37.00, indicating ongoing pessimism among analysts about the stock's performance.
• The consensus rating for American Homes 4 Rent is currently a "Moderate Buy"** with a consensus price target of $39.36, indicating a mixed outlook among analysts.

American Homes 4 Rent (NYSE:AMH - Get Free Report) had its price objective dropped by investment analysts at Mizuho from $36.00 to $34.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has an "outperform" rating on the real estate investment trust's stock. Mizuho's target price would suggest a potential upside of 3.23% from the company's previous close.

A number of other analysts have also issued reports on AMH. The Goldman Sachs Group lowered American Homes 4 Rent from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $43.00 to $37.00 in a research note on Wednesday, September 17th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of American Homes 4 Rent in a research note on Wednesday, October 8th. Barclays reduced their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an "equal weight" rating on the stock in a research note on Tuesday, August 12th. Morgan Stanley lifted their price objective on American Homes 4 Rent from $40.50 to $41.00 and gave the company an "overweight" rating in a research note on Tuesday, August 19th. Finally, Wells Fargo & Company reduced their price objective on American Homes 4 Rent from $39.00 to $38.00 and set an "overweight" rating on the stock in a research note on Monday, October 13th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $39.36.

American Homes 4 Rent Stock Up 0.2%

Shares of NYSE:AMH opened at $32.94 on Tuesday. The stock's 50-day moving average price is $33.85 and its two-hundred day moving average price is $35.57. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a 12-month low of $31.68 and a 12-month high of $39.49. The firm has a market cap of $12.22 billion, a price-to-earnings ratio of 29.67, a PEG ratio of 3.00 and a beta of 0.75.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.01. American Homes 4 Rent had a return on equity of 5.60% and a net margin of 23.72%.The firm had revenue of $457.50 million for the quarter, compared to analyst estimates of $451.50 million. During the same period last year, the company earned $0.45 EPS. The firm's quarterly 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. On average, research analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current year.

Institutional Investors Weigh In On American Homes 4 Rent

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanderbilt University purchased a new stake in American Homes 4 Rent during the 3rd quarter worth approximately $780,000. Merit Financial Group LLC increased its holdings in American Homes 4 Rent by 9.3% during the 3rd quarter. Merit Financial Group LLC now owns 6,503 shares of the real estate investment trust's stock worth $216,000 after purchasing an additional 552 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of American Homes 4 Rent by 3.9% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 188,900 shares of the real estate investment trust's stock valued at $6,281,000 after acquiring an additional 7,100 shares during the last quarter. CWM LLC increased its holdings in shares of American Homes 4 Rent by 19.7% in the 3rd quarter. CWM LLC now owns 7,528 shares of the real estate investment trust's stock valued at $250,000 after acquiring an additional 1,241 shares during the last quarter. Finally, Pacer Advisors Inc. increased its holdings in shares of American Homes 4 Rent by 608,877.8% in the 3rd quarter. Pacer Advisors Inc. now owns 54,808 shares of the real estate investment trust's stock valued at $1,822,000 after acquiring an additional 54,799 shares during the last quarter. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

American Homes 4 Rent Company Profile

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.

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