American Homes 4 Rent (NYSE:AMH) Receives $37.44 Consensus Target Price from Brokerages

Shares of American Homes 4 Rent (NYSE:AMH) have received an average recommendation of “Hold” from the seventeen brokerages that are covering the stock, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $36.6875.

Several equities analysts have recently issued reports on AMH shares. The Goldman Sachs Group set a $37.00 price target on American Homes 4 Rent in a research report on Monday, December 15th. Wells Fargo & Company decreased their target price on American Homes 4 Rent from $38.00 to $37.00 and set an “overweight” rating for the company in a research note on Tuesday, November 25th. Mizuho reaffirmed a “neutral” rating and set a $32.00 target price (down from $33.00) on shares of American Homes 4 Rent in a report on Thursday, January 8th. JPMorgan Chase & Co. cut their price target on shares of American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Finally, UBS Group reduced their price objective on shares of American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th.

American Homes 4 Rent Stock Down 0.1%

AMH stock opened at $29.82 on Monday. The firm’s 50-day moving average is $31.38 and its two-hundred day moving average is $32.42. The company has a market capitalization of $11.07 billion, a price-to-earnings ratio of 25.27, a price-to-earnings-growth ratio of 4.26 and a beta of 0.80. American Homes 4 Rent has a 52 week low of $28.84 and a 52 week high of $39.49. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 0.66.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.14). American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The company had revenue of $402.93 million during the quarter, compared to the consensus estimate of $459.24 million. During the same quarter last year, the business earned $0.45 earnings per share. The company’s revenue was up 4.2% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 4.4%. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, March 13th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 101.69%.

Insider Activity

In related news, Director Jack E. Corrigan acquired 5,000 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was bought at an average price of $22.96 per share, for a total transaction of $114,800.00. Following the transaction, the director owned 17,300 shares of the company’s stock, valued at approximately $397,208. The trade was a 40.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 6.32% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Kera Capital Partners Inc. acquired a new position in shares of American Homes 4 Rent in the 4th quarter valued at $527,000. Invesco Ltd. lifted its stake in American Homes 4 Rent by 30.1% during the fourth quarter. Invesco Ltd. now owns 6,161,646 shares of the real estate investment trust’s stock valued at $197,789,000 after buying an additional 1,425,912 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of American Homes 4 Rent by 162.5% in the fourth quarter. Corient Private Wealth LLC now owns 44,196 shares of the real estate investment trust’s stock worth $1,419,000 after buying an additional 27,359 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in shares of American Homes 4 Rent by 192.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 73,865 shares of the real estate investment trust’s stock worth $2,371,000 after buying an additional 48,627 shares during the period. Finally, Caitlin John LLC purchased a new position in shares of American Homes 4 Rent in the fourth quarter worth approximately $266,000. 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.