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

Shares of American Homes 4 Rent (NYSE:AMH) have earned an average rating of “Moderate Buy” from the twenty research firms that are covering the firm, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $36.4722.

Several equities analysts recently issued reports on AMH shares. UBS Group lifted their price objective on shares of American Homes 4 Rent from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft set a $39.00 target price on American Homes 4 Rent in a report on Friday, June 26th. Royal Bank Of Canada increased their target price on American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Morgan Stanley cut their price target on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. Finally, Mizuho boosted their price target on American Homes 4 Rent from $29.00 to $35.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 17th.

American Homes 4 Rent Stock Down 0.3%

NYSE:AMH opened at $33.21 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. American Homes 4 Rent has a 1-year low of $27.22 and a 1-year high of $36.83. The company has a 50-day moving average of $32.84 and a 200 day moving average of $31.24. The firm has a market cap of $11.97 billion, a PE ratio of 27.00, a price-to-earnings-growth ratio of 4.49 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last posted its 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. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The business had revenue of $472.02 million for the quarter, compared to the consensus estimate of $470.62 million. During the same quarter last year, the firm posted $0.46 EPS. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, research analysts anticipate that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a yield of 4.0%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 107.32%.

Insider Transactions at American Homes 4 Rent

In other news, Director Jack E. Corrigan bought 2,041 shares of American Homes 4 Rent stock in a transaction on Monday, May 18th. The stock was acquired at an average cost of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the acquisition, the director owned 17,000 shares of the company’s stock, valued at $400,010. This trade represents a 13.64% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders bought a total of 5,000 shares of company stock valued at $117,024 in the last 90 days. 5.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank acquired a new stake in American Homes 4 Rent in the fourth quarter valued at approximately $710,672,000. Bank of Montreal Can increased its position in shares of American Homes 4 Rent by 3,526.2% during the fourth quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock worth $147,655,000 after purchasing an additional 4,472,998 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of American Homes 4 Rent by 19.8% during the first quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust’s stock worth $528,736,000 after purchasing an additional 3,126,434 shares in the last quarter. AQR Capital Management LLC increased its position in shares of American Homes 4 Rent by 1,299.8% during the fourth quarter. AQR Capital Management LLC now owns 3,112,624 shares of the real estate investment trust’s stock worth $99,915,000 after purchasing an additional 2,890,263 shares in the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC lifted its holdings in shares of American Homes 4 Rent by 104.4% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,850,171 shares of the real estate investment trust’s stock valued at $155,690,000 after purchasing an additional 2,477,585 shares during the last quarter. Hedge funds and other 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.