Scotiabank Issues Positive Forecast for American Homes 4 Rent (NYSE:AMH) Stock Price

American Homes 4 Rent (NYSE:AMH) had its price target raised by stock analysts at Scotiabank from $31.00 to $32.00 in a report released on Thursday,Benzinga reports. The firm presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price objective would suggest a potential downside of 0.14% from the stock’s current price.

A number of other analysts also recently weighed in on AMH. Morgan Stanley reduced their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating for the company in a report on Monday, March 9th. Compass Point began coverage on shares of American Homes 4 Rent in a report on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price target for the company. Deutsche Bank Aktiengesellschaft reduced their price target on shares of American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating for the company in a report on Friday, March 20th. Royal Bank Of Canada increased their price target on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Homes 4 Rent in a report on Wednesday, January 21st. Nine equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $35.00.

American Homes 4 Rent Stock Performance

Shares of NYSE AMH traded down $0.16 during trading hours on Thursday, hitting $32.05. 606,395 shares of the stock were exchanged, compared to its average volume of 3,998,610. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. The company’s 50 day moving average is $29.88 and its 200 day moving average is $30.84. The firm has a market capitalization of $11.56 billion, a P/E ratio of 26.05, a P/E/G ratio of 4.17 and a beta of 0.82. American Homes 4 Rent has a one year low of $27.22 and a one year high of $38.11.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.30. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The business had revenue of $472.02 million during the quarter, compared to the consensus estimate of $470.62 million. During the same period in the prior year, the firm earned $0.46 EPS. American Homes 4 Rent’s quarterly revenue was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, research analysts expect that American Homes 4 Rent will post 1.93 EPS for the current year.

Insider Transactions at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham acquired 1,571 shares of American Homes 4 Rent stock in a transaction dated Wednesday, February 25th. The stock was bought at an average cost of $24.00 per share, with a total value of $37,704.00. Following the acquisition, the director owned 43,517 shares of the company’s stock, valued at approximately $1,044,408. The trade was a 3.75% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jack E. Corrigan acquired 2,041 shares of American Homes 4 Rent stock in a transaction dated Monday, May 18th. The shares were acquired at an average cost of $23.53 per share, with a total value of $48,024.73. Following the completion of the acquisition, the director directly owned 17,000 shares in the company, valued at $400,010. This trade represents a 13.64% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders acquired 11,771 shares of company stock valued at $300,708. Company insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

A number of hedge funds have recently made changes to their positions in AMH. Norges Bank acquired a new stake in shares of American Homes 4 Rent during the 4th quarter worth about $710,672,000. Bank of Montreal Can increased its position in shares of American Homes 4 Rent by 3,526.2% during the 4th quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock worth $147,655,000 after purchasing an additional 4,472,998 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of American Homes 4 Rent by 19.8% during the 1st quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust’s stock worth $528,736,000 after purchasing an additional 3,126,434 shares in the last quarter. AQR Capital Management LLC increased its position in shares of American Homes 4 Rent by 1,299.8% during the 4th quarter. AQR Capital Management LLC now owns 3,112,624 shares of the real estate investment trust’s stock worth $99,915,000 after purchasing an additional 2,890,263 shares in the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC increased its position in shares of American Homes 4 Rent by 104.4% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,850,171 shares of the real estate investment trust’s stock worth $155,690,000 after purchasing an additional 2,477,585 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

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.