American Homes 4 Rent (NYSE:AMH) Rating Increased to Outperform at Mizuho

Mizuho upgraded shares of American Homes 4 Rent (NYSE:AMH) from a neutral rating to an outperform rating in a research report sent to investors on Monday morning, Marketbeat reports. They currently have $36.00 target price on the real estate investment trust’s stock, up from their prior target price of $35.00.

Several other research analysts have also recently weighed in on the stock. UBS Group upped their price target on shares of American Homes 4 Rent from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Barclays raised their price objective on shares of American Homes 4 Rent from $32.00 to $36.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Keefe, Bruyette & Woods boosted their price objective on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Monday, August 17th. Finally, Morgan Stanley lowered their target price on American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating for the company in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, American Homes 4 Rent has an average rating of “Moderate Buy” and an average target price of $36.78.

American Homes 4 Rent Trading Up 0.6%

NYSE AMH opened at $31.20 on Monday. The firm has a market cap of $11.25 billion, a P/E ratio of 24.76, a P/E/G ratio of 5.54 and a beta of 0.79. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.59 and a quick ratio of 0.59. The stock’s 50-day moving average is $33.36 and its 200-day moving average is $31.90. American Homes 4 Rent has a one year low of $27.22 and a one year high of $35.07.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.13. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%.The business had revenue of $470.10 million during the quarter, compared to analyst estimates of $466.51 million. During the same period in the previous year, the firm earned $0.47 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 1.930-1.970 EPS. Sell-side analysts anticipate that American Homes 4 Rent will post 1.91 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 4.2%. The ex-dividend date is Tuesday, September 15th. American Homes 4 Rent’s dividend payout ratio is presently 104.76%.

Insider Activity at American Homes 4 Rent

In other news, Director Jack Corrigan bought 8,000 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was acquired at an average cost of $21.49 per share, with a total value of $171,920.00. Following the completion of the purchase, the director owned 25,000 shares of the company’s stock, valued at $537,250. This represents a 47.06% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Over the last three months, insiders purchased 15,000 shares of company stock valued at $328,040. Corporate insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

Several hedge funds have recently bought and sold shares of the company. IFP Advisors Inc lifted its position in shares of American Homes 4 Rent by 122.2% in the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 441 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of American Homes 4 Rent by 70.3% in the first quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 483 shares in the last quarter. Root Financial Partners LLC increased its position in American Homes 4 Rent by 7,231.6% during the first quarter. Root Financial Partners LLC now owns 1,393 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 1,374 shares during the period. Elevation Wealth Partners LLC increased its holdings in shares of American Homes 4 Rent by 199.0% during the second quarter. Elevation Wealth Partners LLC now owns 1,441 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 959 shares during the period. Finally, Hilton Head Capital Partners LLC bought a new stake in shares of American Homes 4 Rent during the 4th quarter valued at $49,000. 91.87% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE:AMH) is a real estate investment trust focused on owning, developing and operating single-family rental homes. The company leases homes to residents and manages the properties through a combination of in-house operations and technology-enabled services.

AMH’s activities include acquiring and developing homes, renovating properties, providing leasing and resident services, and maintaining its rental portfolio. Its homes are generally located in planned communities and other suburban markets designed to appeal to households seeking single-family living without homeownership.

Founded in 2012, American Homes 4 Rent serves communities across several U.S.