Weiss Ratings Reaffirms "Hold (C)" Rating for American Homes 4 Rent (NYSE:AMH)

Key Points

• Weiss Ratings has reaffirmed its "hold (C)" rating for American Homes 4 Rent (NYSE:AMH), reflecting a cautious outlook amid mixed analyst sentiments.
• The stock recently traded at $32.51, showing volatility with a 52-week range between $31.68 and $39.49 and an average price target of $39.69 from research analysts.
• American Homes 4 Rent reported earnings of $0.47 per share in its last quarterly results, exceeding expectations and indicating an 8% revenue growth compared to the same quarter last year.

American Homes 4 Rent (NYSE:AMH - Get Free Report)'s stock had its "hold (c)" rating restated by equities research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

A number of other analysts have also weighed in on AMH. The Goldman Sachs Group lowered shares of American Homes 4 Rent from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $43.00 to $37.00 in a report on Wednesday, September 17th. Morgan Stanley upped their target price on shares of American Homes 4 Rent from $40.50 to $41.00 and gave the stock an "overweight" rating in a report on Tuesday, August 19th. Barclays decreased their target price on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "equal weight" rating on the stock in a report on Tuesday, August 12th. Wolfe Research raised shares of American Homes 4 Rent from a "peer perform" rating to an "outperform" rating and set a $38.00 target price on the stock in a report on Thursday, October 2nd. Finally, Evercore ISI decreased their price target on shares of American Homes 4 Rent from $41.00 to $40.00 and set an "outperform" rating on the stock in a report on Monday, September 15th. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $39.69.

American Homes 4 Rent Stock Performance

Shares of NYSE AMH traded up $0.13 during midday trading on Wednesday, hitting $32.51. The company's stock had a trading volume of 452,776 shares, compared to its average volume of 2,306,784. The stock has a fifty day moving average price of $34.24 and a 200 day moving average price of $35.86. American Homes 4 Rent has a one year low of $31.68 and a one year high of $39.49. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $12.06 billion, a price-to-earnings ratio of 29.25, a P/E/G ratio of 2.74 and a beta of 0.75.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.01. The company had revenue of $457.50 million for the quarter, compared to analyst estimates of $451.50 million. American Homes 4 Rent had a net margin of 23.72% and a return on equity of 5.60%. The company's quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 earnings per share. 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 fiscal year.

Institutional Investors Weigh In On American Homes 4 Rent

Institutional investors and hedge funds have recently modified their holdings of the stock. Golden State Wealth Management LLC purchased a new position in American Homes 4 Rent during the 1st quarter valued at about $29,000. Hantz Financial Services Inc. lifted its position in American Homes 4 Rent by 922.2% during the 2nd quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust's stock valued at $30,000 after acquiring an additional 747 shares during the period. AlphaQuest LLC purchased a new position in American Homes 4 Rent during the 2nd quarter valued at about $33,000. Pandora Wealth Inc. purchased a new position in American Homes 4 Rent during the 1st quarter valued at about $38,000. Finally, Opal Wealth Advisors LLC purchased a new position in American Homes 4 Rent during the 1st quarter valued at about $42,000. 91.87% of the stock is 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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