Insider Buying: American Homes 4 Rent (NYSE:AMH) Director Acquires 1,571 Shares of Stock

American Homes 4 Rent (NYSE:AMH) Director Douglas Benham bought 1,571 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was purchased at an average price of $24.00 per share, for a total transaction of $37,704.00. Following the acquisition, the director directly owned 43,517 shares in the company, valued at approximately $1,044,408. This trade represents a 3.75% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

American Homes 4 Rent Stock Performance

AMH stock traded down $0.34 during mid-day trading on Friday, reaching $30.01. 25,717,294 shares of the stock traded hands, compared to its average volume of 5,080,620. The firm has a market capitalization of $11.14 billion, a PE ratio of 25.43, a P/E/G ratio of 4.25 and a beta of 0.80. The business has a 50-day moving average of $31.35 and a two-hundred day moving average of $32.40. American Homes 4 Rent has a 52 week low of $28.84 and a 52 week high of $39.49. The company has a quick ratio of 0.41, a current ratio of 0.63 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 for the quarter, missing the consensus estimate of $0.47 by ($0.14). The business had revenue of $402.93 million for the quarter, compared to analyst estimates of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.American Homes 4 Rent’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, equities analysts predict that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.4%. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Friday, March 13th. American Homes 4 Rent’s payout ratio is presently 111.86%.

Hedge Funds Weigh In On American Homes 4 Rent

Several hedge funds and other institutional investors have recently modified their holdings of AMH. Jones Financial Companies Lllp grew its position in American Homes 4 Rent by 1,103.6% in the first quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock valued at $493,000 after acquiring an additional 11,963 shares during the period. AlphaQuest LLC acquired a new stake in shares of American Homes 4 Rent in the 2nd quarter valued at $33,000. Envestnet Asset Management Inc. grew its holdings in shares of American Homes 4 Rent by 9.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 406,932 shares of the real estate investment trust’s stock worth $14,635,000 after purchasing an additional 34,073 shares during the last quarter. Teacher Retirement System of Texas increased its position in shares of American Homes 4 Rent by 54.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 147,511 shares of the real estate investment trust’s stock worth $5,321,000 after purchasing an additional 52,053 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in American Homes 4 Rent by 8.6% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 75,500 shares of the real estate investment trust’s stock valued at $2,723,000 after purchasing an additional 6,000 shares during the last quarter. Institutional investors own 91.87% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on AMH shares. BMO Capital Markets restated a “market perform” rating and set a $37.00 price objective on shares of American Homes 4 Rent in a report on Friday, January 9th. Morgan Stanley cut their price target on American Homes 4 Rent from $41.00 to $40.00 and set an “overweight” rating for the company in a report on Thursday, November 13th. Raymond James Financial reiterated a “market perform” rating on shares of American Homes 4 Rent in a research report on Friday. Mizuho restated a “neutral” rating and set a $32.00 price objective (down from $33.00) on shares of American Homes 4 Rent in a research report on Thursday, January 8th. Finally, Keefe, Bruyette & Woods reduced their target price on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday. Seven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, American Homes 4 Rent presently has an average rating of “Hold” and an average target price of $36.69.

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.