American Homes 4 Rent (NYSE:AMH) Price Target Lowered to $29.00 at Mizuho

American Homes 4 Rent (NYSE:AMH) had its target price trimmed by Mizuho from $32.00 to $29.00 in a report published on Friday morning,Benzinga reports. The brokerage currently has a neutral rating on the real estate investment trust’s stock.

Several other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating on the stock in a report on Monday, January 12th. Citizens Jmp reduced their price objective on shares of American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating for the company in a report on Monday, February 23rd. Barclays decreased their target price on shares of American Homes 4 Rent from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Friday, March 6th. UBS Group lowered 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 research note on Thursday, January 8th. Finally, Royal Bank Of Canada cut their price target on shares of American Homes 4 Rent from $38.00 to $35.00 and set an “outperform” rating for the company in a research note on Monday, February 23rd. Seven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, American Homes 4 Rent currently has an average rating of “Hold” and a consensus price target of $35.53.

American Homes 4 Rent Price Performance

Shares of NYSE:AMH opened at $28.37 on Friday. The firm has a market capitalization of $10.32 billion, a PE ratio of 24.04, a PEG ratio of 4.11 and a beta of 0.80. 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 $28.21 and a 1-year high of $39.49. The business’s 50 day moving average is $30.84 and its 200-day moving average is $31.99.

American Homes 4 Rent (NYSE:AMH) last issued 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). The firm had revenue of $402.93 million during the quarter, compared to analyst estimates of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Sell-side analysts predict that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, March 13th. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.7%. American Homes 4 Rent’s dividend payout ratio (DPR) is 101.69%.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Douglas N. Benham bought 1,200 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was acquired at an average price of $24.20 per share, for a total transaction of $29,040.00. Following the transaction, the director directly owned 44,717 shares of the company’s stock, valued at $1,082,151.40. This trade represents a 2.76% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director David Goldberg purchased 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average cost of $29.30 per share, with a total value of $58,600.00. Following the completion of the acquisition, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. The trade was a 5.76% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 6,771 shares of company stock worth $183,684 in the last 90 days. 6.32% of the stock is owned by corporate insiders.

Institutional Trading of American Homes 4 Rent

Several large investors have recently added to or reduced their stakes in AMH. Corient Private Wealth LLC increased its holdings in shares of American Homes 4 Rent by 74.4% during the fourth quarter. Corient Private Wealth LLC now owns 29,360 shares of the real estate investment trust’s stock worth $943,000 after buying an additional 12,523 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in shares of American Homes 4 Rent by 24.2% in the 4th quarter. Hsbc Holdings PLC now owns 715,469 shares of the real estate investment trust’s stock worth $22,969,000 after acquiring an additional 139,563 shares in the last quarter. Tobam acquired a new position in shares of American Homes 4 Rent in the 4th quarter worth approximately $656,000. Kera Capital Partners Inc. bought a new stake in American Homes 4 Rent during the 4th quarter worth approximately $527,000. Finally, Invesco Ltd. grew its position in American Homes 4 Rent by 30.1% during the 4th quarter. Invesco Ltd. now owns 6,161,646 shares of the real estate investment trust’s stock worth $197,789,000 after acquiring an additional 1,425,912 shares during the last quarter. 91.87% of the stock is owned by institutional investors.

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.