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

American Homes 4 Rent (NYSE:AMH) has been given a consensus rating of “Moderate Buy” by the twenty brokerages that are covering the company, Marketbeat.com reports. Eight research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $36.7778.

A number of research firms have recently commented on AMH. Morgan Stanley lowered their target price on American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating for the company in a research note on Wednesday, August 12th. Barclays upped their price target on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 14th. Keefe, Bruyette & Woods increased their price objective on American Homes 4 Rent from $36.00 to $38.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft set a $39.00 price objective on American Homes 4 Rent in a research report on Friday, June 26th. Finally, Jefferies Financial Group upgraded shares of American Homes 4 Rent to a “strong-buy” rating in a report on Wednesday, July 22nd.

American Homes 4 Rent Price Performance

Shares of NYSE AMH opened at $34.10 on Monday. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $35.85. The stock has a market capitalization of $12.30 billion, a P/E ratio of 27.06, a P/E/G ratio of 6.16 and a beta of 0.79. The company’s 50-day moving average is $33.48 and its 200 day moving average is $31.52. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.59 and a quick ratio of 0.59.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, topping the consensus estimate of $0.18 by $0.13. The business had revenue of $470.10 million during the quarter, compared to analyst estimates of $466.51 million. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. American Homes 4 Rent’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the business posted $0.47 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, sell-side analysts expect that American Homes 4 Rent will post 1.88 earnings per share for the current year.

Hedge Funds Weigh In On American Homes 4 Rent

A number of institutional investors and hedge funds have recently made changes to their positions in AMH. Norges Bank bought a new position in American Homes 4 Rent in the 4th quarter worth about $710,672,000. Bank of Montreal Can increased its stake in American Homes 4 Rent by 3,526.2% during the 4th quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock valued at $147,655,000 after purchasing an additional 4,472,998 shares in the last quarter. Principal Financial Group Inc. increased its stake in American Homes 4 Rent by 19.8% during the 1st quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust’s stock valued at $528,736,000 after purchasing an additional 3,126,434 shares in the last quarter. AQR Capital Management LLC increased its stake in American Homes 4 Rent by 1,299.8% during the 4th quarter. AQR Capital Management LLC now owns 3,112,624 shares of the real estate investment trust’s stock valued at $99,915,000 after purchasing an additional 2,890,263 shares in the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC raised its holdings in American Homes 4 Rent by 104.4% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,850,171 shares of the real estate investment trust’s stock worth $155,690,000 after buying an additional 2,477,585 shares during the last quarter. Institutional investors own 91.87% of the company’s stock.

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.