American Homes 4 Rent (NYSE:AMH) Receives Average Recommendation of “Moderate Buy” from Analysts

American Homes 4 Rent (NYSE:AMH) has earned an average recommendation of “Moderate Buy” from the thirteen analysts that are currently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $39.6923.

AMH has been the subject of a number of analyst reports. Citigroup lowered shares of American Homes 4 Rent from a “buy” rating to a “neutral” rating and set a $41.00 price objective for the company. in a research report on Friday, June 6th. Morgan Stanley increased their price target on American Homes 4 Rent from $40.50 to $41.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 19th. The Goldman Sachs Group cut American Homes 4 Rent from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $43.00 to $37.00 in a report on Wednesday, September 17th. Evercore ISI dropped their target price on American Homes 4 Rent from $41.00 to $40.00 and set an “outperform” rating for the company in a research note on Monday, September 15th. Finally, Barclays reduced their target price on American Homes 4 Rent from $40.00 to $39.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 12th.

Hedge Funds Weigh In On American Homes 4 Rent

Institutional investors and hedge funds have recently bought and sold shares of the stock. Golden State Wealth Management LLC purchased a new position in American Homes 4 Rent during the first quarter worth approximately $29,000. Hantz Financial Services Inc. increased its holdings in shares of 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 worth $30,000 after buying an additional 747 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of American Homes 4 Rent by 171.1% during the 1st quarter. Parallel Advisors LLC now owns 843 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 532 shares during the last quarter. AlphaQuest LLC purchased a new position in shares of American Homes 4 Rent in the 2nd quarter worth $33,000. Finally, Pandora Wealth Inc. acquired a new position in American Homes 4 Rent in the first quarter valued at $38,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Stock Performance

NYSE AMH opened at $32.65 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a fifty-two week low of $31.68 and a fifty-two week high of $39.49. The business has a fifty day moving average of $34.44 and a 200-day moving average of $35.94. The stock has a market cap of $12.11 billion, a price-to-earnings ratio of 29.42, a price-to-earnings-growth ratio of 2.76 and a beta of 0.75.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.47 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 during the quarter, compared to analysts’ expectations of $451.50 million. During the same quarter last year, the business posted $0.45 EPS. The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. American Homes 4 Rent has set its FY 2025 guidance at 1.840-1.880 EPS. As a group, analysts predict that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, September 15th. American Homes 4 Rent’s dividend payout ratio is presently 108.11%.

About American Homes 4 Rent

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.