UBS Group Forecasts Strong Price Appreciation for American Homes 4 Rent (NYSE:AMH) Stock

Key Points

• UBS Group raised its price target on American Homes 4 Rent (NYSE: AMH) from $32 to $35, while keeping a neutral rating. The new target implies modest upside from the previous close.
• Other analysts have also turned more positive on the stock recently, including upgrades and higher targets from Raymond James, RBC, Scotiabank, and Barclays. MarketBeat says AMH now carries an average Moderate Buy rating with a $36.25 average price target.
• American Homes 4 Rent reported better-than-expected Q1 earnings, posting $0.48 EPS versus the $0.18 estimate, with revenue also slightly above forecasts. Despite the upbeat results, shares were down 1.4% in midday trading.

American Homes 4 Rent (NYSE:AMH - Get Free Report) had its price target upped by analysts at UBS Group from $32.00 to $35.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a "neutral" rating on the real estate investment trust's stock. UBS Group's target price suggests a potential upside of 4.38% from the company's previous close.

Several other research firms have also recently issued reports on AMH. Raymond James Financial raised shares of American Homes 4 Rent from a "market perform" rating to an "outperform" rating and set a $35.00 target price on the stock in a research report on Monday, May 18th. Scotiabank upped their price objective on American Homes 4 Rent from $32.00 to $33.00 and gave the stock a "sector perform" rating in a report on Thursday, June 18th. Royal Bank Of Canada raised their target price on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the company an "outperform" rating in a research note on Friday, May 8th. Barclays boosted their price target on American Homes 4 Rent from $31.00 to $32.00 and gave the stock an "equal weight" rating in a research report on Monday, April 27th. Finally, Weiss Ratings upgraded American Homes 4 Rent from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $36.25.

American Homes 4 Rent Trading Down 1.4%

Shares of NYSE AMH traded down $0.47 during midday trading on Wednesday, reaching $33.53. 964,798 shares of the stock were exchanged, compared to its average volume of 3,661,229. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $36.86. The stock has a 50 day moving average price of $32.44 and a 200-day moving average price of $31.11. The company has a market capitalization of $12.09 billion, a P/E ratio of 27.24, a P/E/G ratio of 4.55 and a beta of 0.79. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.30. The company had revenue of $472.02 million during the quarter, compared to the consensus estimate of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.American Homes 4 Rent's revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities research analysts expect that American Homes 4 Rent will post 1.88 earnings per share for the current fiscal year.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack E. Corrigan acquired 2,041 shares of the company's stock in a transaction on Monday, May 18th. The shares were acquired at an average cost of $23.53 per share, for a total transaction of $48,024.73. Following the purchase, the director owned 17,000 shares in the company, valued at approximately $400,010. The trade was a 13.64% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last quarter, insiders have bought 5,000 shares of company stock valued at $117,024. Corporate insiders own 5.70% of the company's stock.

Hedge Funds Weigh In On American Homes 4 Rent

Institutional investors have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB raised its position in shares of American Homes 4 Rent by 10,728.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust's stock worth $25,000 after acquiring an additional 751 shares in the last quarter. IFP Advisors Inc grew its stake in American Homes 4 Rent by 122.2% in the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 441 shares during the period. True Wealth Design LLC boosted its holdings in shares of American Homes 4 Rent by 230.8% during the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 577 shares in the last quarter. Parallel Advisors LLC grew its position in shares of American Homes 4 Rent by 84.8% in the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust's stock worth $32,000 after buying an additional 442 shares during the period. Finally, Bessemer Group Inc. grew its position in shares of 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 buying an additional 483 shares during the period. 91.87% of the stock is owned by institutional investors.

About American Homes 4 Rent

American Homes 4 Rent NYSE: AMH is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today's renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.

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