American Homes 4 Rent (NYSE:AMH) Given New $39.00 Price Target at Morgan Stanley

American Homes 4 Rent (NYSE:AMH) had its price objective decreased by equities researchers at Morgan Stanley from $40.00 to $39.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Morgan Stanley’s price target suggests a potential upside of 32.20% from the company’s current price.

Other analysts have also recently issued reports about the stock. UBS Group dropped their target price on shares of American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. Scotiabank decreased their target price on American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating for the company in a research note on Wednesday, March 4th. JPMorgan Chase & Co. dropped their price target on American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. Weiss Ratings restated a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Wednesday, January 21st. Finally, Wells Fargo & Company cut their target price on American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating on the stock in a research note on Thursday. 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 MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $35.72.

American Homes 4 Rent Stock Down 1.3%

NYSE:AMH traded down $0.40 during mid-day trading on Monday, hitting $29.50. The company had a trading volume of 304,575 shares, compared to its average volume of 4,793,597. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a 1 year low of $28.84 and a 1 year high of $39.49. The firm has a market capitalization of $10.73 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 4.27 and a beta of 0.80. The business has a fifty day simple moving average of $31.15 and a 200-day simple moving average of $32.17.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.14). American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The firm had revenue of $402.93 million for the quarter, compared to analyst estimates of $459.24 million. During the same period in the previous year, the firm posted $0.45 earnings per share. The company’s revenue for the quarter 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. Equities analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan purchased 5,000 shares of American Homes 4 Rent stock in a transaction on 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 $397,208. The trade was a 40.65% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director David Goldberg purchased 2,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average cost of $29.17 per share, with a total value of $58,340.00. Following the purchase, the director owned 34,723 shares of the company’s stock, valued at approximately $1,012,869.91. This represents a 6.11% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 9,771 shares of company stock valued at $239,884 in the last quarter. Corporate insiders own 6.01% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted 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 worth $493,000 after purchasing an additional 11,963 shares during the period. Metis Global Partners LLC increased its position in shares of American Homes 4 Rent by 23.0% during the 2nd quarter. Metis Global Partners LLC now owns 56,659 shares of the real estate investment trust’s stock valued at $2,044,000 after purchasing an additional 10,606 shares during the period. Fox Run Management L.L.C. acquired a new position in shares of American Homes 4 Rent during the 2nd quarter valued at $669,000. Aviva PLC bought a new stake in shares of American Homes 4 Rent in the 2nd quarter worth $6,060,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of American Homes 4 Rent by 1.3% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 515,093 shares of the real estate investment trust’s stock valued at $18,579,000 after buying an additional 6,501 shares during the period. Institutional investors and hedge funds 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.