American Homes 4 Rent (NYSE:AMH) Sees Significant Growth in Short Interest

American Homes 4 Rent (NYSE:AMH) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 9,910,207 shares, a growth of 28.5% from the February 12th total of 7,712,209 shares. Based on an average trading volume of 7,061,489 shares, the days-to-cover ratio is currently 1.4 days. Approximately 2.9% of the shares of the company are sold short. Approximately 2.9% of the shares of the company are sold short. Based on an average trading volume of 7,061,489 shares, the days-to-cover ratio is currently 1.4 days.

Insider Activity at American Homes 4 Rent

In other news, Director David Goldberg acquired 2,000 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were acquired at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the transaction, the director owned 36,723 shares in the company, valued at approximately $1,075,983.90. This trade represents a 5.76% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Douglas N. Benham bought 1,200 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was purchased at an average price of $24.20 per share, with a total value of $29,040.00. Following the completion of the purchase, the director directly owned 44,717 shares of the company’s stock, valued at $1,082,151.40. This represents a 2.76% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 6,771 shares of company stock worth $183,684 in the last three months. 6.01% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Corient Private Wealth LLC raised its position in American Homes 4 Rent by 74.4% in the 4th quarter. Corient Private Wealth LLC now owns 29,360 shares of the real estate investment trust’s stock valued at $943,000 after purchasing an additional 12,523 shares during the last quarter. Hsbc Holdings PLC grew its holdings in shares of American Homes 4 Rent by 24.2% during the fourth quarter. Hsbc Holdings PLC now owns 715,469 shares of the real estate investment trust’s stock worth $22,969,000 after purchasing an additional 139,563 shares during the last quarter. Tobam acquired a new stake in shares of American Homes 4 Rent in the fourth quarter valued at $656,000. Kera Capital Partners Inc. acquired a new stake in shares of American Homes 4 Rent in the fourth quarter valued at $527,000. Finally, Invesco Ltd. raised its holdings in shares of American Homes 4 Rent by 30.1% in 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 during the last quarter. 91.87% of the stock is owned by institutional investors and hedge funds.

American Homes 4 Rent Price Performance

Shares of NYSE AMH traded down $0.25 during midday trading on Friday, reaching $28.37. 3,493,481 shares of the company traded hands, compared to its average volume of 5,080,788. American Homes 4 Rent has a 12 month low of $28.21 and a 12 month high of $39.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.63 and a current ratio of 0.63. The stock’s 50-day simple moving average is $30.84 and its 200-day simple moving average is $31.94. The firm has a market cap of $10.32 billion, a PE ratio of 15.17, a PEG ratio of 4.07 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results 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 firm had revenue of $402.93 million during the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the company 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 anticipate that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders 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 positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a dividend yield of 4.7%. American Homes 4 Rent’s dividend payout ratio (DPR) is 111.86%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Wells Fargo & Company reduced their price objective on shares of American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. Citigroup lowered their target price on shares of American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Barclays dropped their price target on shares of American Homes 4 Rent from $33.00 to $31.00 and set an “equal weight” rating for the company in a research report on Friday, March 6th. BMO Capital Markets restated a “market perform” rating and set a $37.00 price target on shares of American Homes 4 Rent in a research note on Friday, January 9th. Finally, The Goldman Sachs Group set a $37.00 price objective on American Homes 4 Rent in a research note on Monday, December 15th. Seven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, American Homes 4 Rent currently has a consensus rating of “Hold” and an average price target of $35.53.

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.