American Homes 4 Rent (NYSE:AMH) Upgraded to “Strong-Buy” at Jefferies Financial Group

American Homes 4 Rent (NYSE:AMH) was upgraded by equities research analysts at Jefferies Financial Group to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Several other brokerages have also commented on AMH. Morgan Stanley decreased their price objective on shares of American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating for the company in a research report on Wednesday, May 27th. BMO Capital Markets raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 target price on the stock in a research report on Friday, June 26th. Royal Bank Of Canada upped their price target on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft set a $39.00 price target on shares of American Homes 4 Rent in a report on Friday, June 26th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of American Homes 4 Rent from $35.00 to $36.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, American Homes 4 Rent presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.47.

American Homes 4 Rent Trading Down 0.3%

Shares of NYSE:AMH opened at $33.21 on Wednesday. The business’s 50-day moving average is $32.84 and its 200 day moving average is $31.24. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $36.83. The firm has a market capitalization of $11.97 billion, a P/E ratio of 27.00, a P/E/G ratio of 4.49 and a beta of 0.79. 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 (NYSE:AMH) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.30. The business had revenue of $472.02 million during the quarter, compared to the consensus estimate of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The company’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the company earned $0.46 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, research analysts predict that American Homes 4 Rent will post 1.88 earnings per share for the current fiscal year.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan acquired 2,041 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were purchased at an average price of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the purchase, the director directly owned 17,000 shares of the company’s stock, valued at $400,010. The trade was a 13.64% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have acquired 5,000 shares of company stock valued at $117,024. 5.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On American Homes 4 Rent

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB raised its stake in shares of American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 751 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of American Homes 4 Rent by 122.2% in the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 441 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of American Homes 4 Rent by 84.8% in the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 442 shares during the last quarter. Prosperity Bancshares Inc acquired a new stake in American Homes 4 Rent during the fourth quarter worth about $35,000. Finally, V Square Quantitative Management LLC acquired a new stake in American Homes 4 Rent during the fourth quarter worth about $37,000. 91.87% of the stock is owned by institutional investors and hedge funds.

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.