Wall Street Zen Upgrades American Homes 4 Rent (NYSE:AMH) to Hold

Key Points

• Wall Street Zen upgraded American Homes 4 Rent (NYSE:AMH) from sell to hold, and the stock now carries a broader consensus Hold rating from analysts.
• The company beat earnings expectations in its latest quarter, reporting $0.48 EPS versus $0.18 expected, with revenue of $472.02 million slightly above estimates.
• AMH shares opened at $32.03, with analysts’ consensus price target at $34.94; recent insider buying and heavy institutional ownership also point to ongoing investor interest.

American Homes 4 Rent (NYSE:AMH - Get Free Report) was upgraded by Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Saturday.

A number of other equities analysts have also commented on AMH. Scotiabank reduced their price target on shares of American Homes 4 Rent from $33.00 to $31.00 and set a "sector perform" rating on the stock in a research report on Wednesday, March 4th. Barclays boosted their price target on shares of American Homes 4 Rent from $31.00 to $32.00 and gave the company an "equal weight" rating in a research report on Monday, April 27th. Keefe, Bruyette & Woods reduced their price target on shares of American Homes 4 Rent from $37.00 to $35.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 25th. Citizens Jmp reduced their price target on shares of American Homes 4 Rent from $41.00 to $37.00 and set a "market outperform" rating on the stock in a research report on Monday, February 23rd. Finally, Raymond James Financial restated a "market perform" rating on shares of American Homes 4 Rent in a research report on Friday, February 27th. Eight research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $34.94.

American Homes 4 Rent Stock Performance

NYSE AMH opened at $32.03 on Friday. The stock has a market cap of $11.65 billion, a P/E ratio of 26.04, a PEG ratio of 4.68 and a beta of 0.82. The company's 50-day simple moving average is $29.57 and its 200 day simple moving average is $30.92. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $39.01. The company has a quick ratio of 0.63, a current ratio of 0.57 and a debt-to-equity ratio of 0.67.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.30. The firm had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The company's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, research analysts forecast that American Homes 4 Rent will post 1.92 earnings per share for the current fiscal year.

Insider Activity at American Homes 4 Rent

In other news, Director David Goldberg bought 2,000 shares of the stock in a transaction on Tuesday, March 3rd. The stock was purchased at an average price of $29.30 per share, with a total value of $58,600.00. Following the completion of the purchase, the director owned 36,723 shares of the company's stock, valued at approximately $1,075,983.90. This trade represents a 5.76% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Douglas N. Benham bought 1,200 shares of the stock in a transaction on Monday, March 2nd. The stock was purchased at an average cost of $24.20 per share, with a total value of $29,040.00. Following the purchase, the director directly owned 44,717 shares of the company's stock, valued at approximately $1,082,151.40. This represents a 2.76% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 6,771 shares of company stock valued at $183,684 in the last ninety days. Insiders own 5.70% of the company's stock.

Institutional Investors Weigh In On American Homes 4 Rent

Several large investors have recently bought and sold shares of AMH. Jones Financial Companies Lllp increased its stake in American Homes 4 Rent by 1,103.6% in the first quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust's stock valued at $493,000 after purchasing an additional 11,963 shares in the last quarter. Cetera Investment Advisers increased its stake in American Homes 4 Rent by 3.3% in the second quarter. Cetera Investment Advisers now owns 16,819 shares of the real estate investment trust's stock valued at $607,000 after purchasing an additional 537 shares in the last quarter. Walleye Capital LLC bought a new stake in American Homes 4 Rent in the second quarter valued at approximately $255,000. Jump Financial LLC bought a new stake in American Homes 4 Rent in the second quarter valued at approximately $413,000. Finally, Cerity Partners LLC increased its stake in American Homes 4 Rent by 5.6% in the second quarter. Cerity Partners LLC now owns 45,558 shares of the real estate investment trust's stock valued at $1,643,000 after purchasing an additional 2,401 shares in the last quarter. Institutional investors own 91.87% of the company's stock.

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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