Royal Bank Of Canada Issues Pessimistic Forecast for American Homes 4 Rent (NYSE:AMH) Stock Price

American Homes 4 Rent (NYSE:AMH) had its price target decreased by equities researchers at Royal Bank Of Canada from $37.00 to $35.00 in a note issued to investors on Tuesday, Benzinga reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 14.24% from the company’s current price.

A number of other equities analysts also recently commented on AMH. Mizuho raised shares of American Homes 4 Rent from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $35.00 to $36.00 in a report on Monday, September 21st. Scotiabank dropped their target price on shares of American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating on the stock in a report on Thursday, September 17th. Jefferies Financial Group upgraded shares of American Homes 4 Rent to a “strong-buy” rating in a research report on Wednesday, July 22nd. BMO Capital Markets upgraded shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price target on the stock in a research report on Friday, June 26th. Finally, JPMorgan Chase & Co. lifted their price target on shares of American Homes 4 Rent from $35.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, American Homes 4 Rent has a consensus rating of “Moderate Buy” and an average target price of $36.41.

American Homes 4 Rent Stock Down 0.2%

NYSE AMH traded down $0.05 on Tuesday, hitting $30.64. 288,053 shares of the stock traded hands, compared to its average volume of 3,250,167. The stock has a 50-day moving average of $32.44 and a 200 day moving average of $32.09. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $35.07. The company has a market capitalization of $11.05 billion, a P/E ratio of 24.30, a price-to-earnings-growth ratio of 5.84 and a beta of 0.77. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.69.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $470.10 million for the quarter, compared to the consensus estimate of $466.51 million. During the same quarter last year, the business posted $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. As a group, analysts expect that American Homes 4 Rent will post 1.91 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Jack Corrigan acquired 8,000 shares of American Homes 4 Rent stock in a transaction that occurred on Friday, September 11th. The stock was acquired at an average price of $21.49 per share, for a total transaction of $171,920.00. Following the transaction, the director directly owned 25,000 shares of the company’s stock, valued at $537,250. This trade represents a 47.06% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders purchased 15,000 shares of company stock valued at $328,040. Company insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

Large investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its holdings in shares of American Homes 4 Rent by 19.8% during the first quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust’s stock valued at $528,736,000 after acquiring an additional 3,126,434 shares during the period. Lasalle Investment Management Securities LLC increased its holdings in shares of American Homes 4 Rent by 18.9% in the 1st quarter. Lasalle Investment Management Securities LLC now owns 3,633,873 shares of the real estate investment trust’s stock worth $101,458,000 after acquiring an additional 577,750 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of American Homes 4 Rent by 83.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,544,892 shares of the real estate investment trust’s stock worth $98,973,000 after acquiring an additional 1,608,934 shares during the period. CI Investments Inc. lifted its position in American Homes 4 Rent by 20.1% in the 1st quarter. CI Investments Inc. now owns 2,959,426 shares of the real estate investment trust’s stock valued at $82,627,000 after purchasing an additional 496,037 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in American Homes 4 Rent by 69.0% in the 1st quarter. Bank of America Corp DE now owns 1,609,254 shares of the real estate investment trust’s stock valued at $44,930,000 after purchasing an additional 656,937 shares during the last quarter. 91.87% of the stock is 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 that owns, develops, acquires, leases and manages single-family rental homes in the United States. The company provides professionally managed rental housing, offering residents detached homes with features such as multiple bedrooms, private outdoor space and access to online leasing and maintenance services.

Founded in 2012, American Homes 4 Rent has built a portfolio through home acquisitions and the development of purpose-built rental communities.