American Homes 4 Rent (NYSE:AMH) Downgraded to Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of American Homes 4 Rent (NYSE:AMH) from a hold rating to a sell rating in a research note issued to investors on Sunday morning.

AMH has been the topic of several other reports. Mizuho dropped their price objective on shares of American Homes 4 Rent from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, October 8th. Scotiabank reduced their price objective on shares of American Homes 4 Rent from $41.00 to $35.00 and set a “sector perform” rating for the company in a research report on Monday, November 10th. Keefe, Bruyette & Woods raised American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $37.00 price objective on the stock in a report on Monday, December 15th. Finally, Morgan Stanley cut their target price on American Homes 4 Rent from $41.00 to $40.00 and set an “overweight” rating for the company in a research note on Thursday, November 13th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $38.14.

American Homes 4 Rent Stock Performance

Shares of AMH stock opened at $31.09 on Friday. The stock has a market capitalization of $11.54 billion, a PE ratio of 26.35, a price-to-earnings-growth ratio of 2.92 and a beta of 0.80. American Homes 4 Rent has a 52-week low of $30.11 and a 52-week high of $39.49. The stock’s 50-day moving average price is $31.99 and its 200 day moving average price is $33.94. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.62.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.01. The company had revenue of $478.46 million for the quarter, compared to the consensus estimate of $475.75 million. American Homes 4 Rent had a return on equity of 5.90% and a net margin of 24.70%.The company’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $0.44 EPS. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. As a group, equities research analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 3.9%. American Homes 4 Rent’s payout ratio is 101.69%.

Insider Buying and Selling

In other news, Director Douglas N. Benham acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was purchased at an average cost of $31.65 per share, with a total value of $31,650.00. Following the purchase, the director directly owned 7,991 shares of the company’s stock, valued at approximately $252,915.15. This trade represents a 14.30% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jack E. Corrigan acquired 5,000 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, December 9th. The shares were purchased at an average cost of $22.96 per share, with a total value of $114,800.00. Following the completion of the acquisition, the director owned 17,300 shares of the company’s stock, valued at $397,208. The trade was a 40.65% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 6.01% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

Large investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB raised its position in American Homes 4 Rent by 10,728.6% during the third 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 during the last quarter. Hantz Financial Services Inc. increased its stake 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 purchasing an additional 747 shares in the last quarter. AlphaQuest LLC purchased a new position in shares of American Homes 4 Rent during the 2nd quarter worth approximately $33,000. Parallel Advisors LLC raised its position in shares of American Homes 4 Rent by 84.8% during the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 442 shares during the last quarter. Finally, SVB Wealth LLC purchased a new stake in American Homes 4 Rent in the 1st quarter valued at approximately $42,000. 91.87% of the stock is owned by institutional investors and hedge funds.

American Homes 4 Rent Company Profile

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.