Insider Buying: American Homes 4 Rent (NYSE:AMH) Director Acquires $29,040.00 in Stock

American Homes 4 Rent (NYSE:AMH) Director Douglas Benham acquired 1,200 shares of the stock in a transaction dated Monday, March 2nd. The shares were bought at an average cost of $24.20 per share, with a total value of $29,040.00. Following the completion of the transaction, the director owned 44,717 shares of the company’s stock, valued at approximately $1,082,151.40. This represents a 2.76% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

American Homes 4 Rent Stock Up 0.7%

NYSE:AMH traded up $0.21 during mid-day trading on Wednesday, hitting $30.05. The stock had a trading volume of 3,323,967 shares, compared to its average volume of 4,965,547. American Homes 4 Rent has a twelve month low of $28.84 and a twelve month high of $39.49. The stock has a 50-day simple moving average of $31.26 and a two-hundred day simple moving average of $32.27. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $10.93 billion, a PE ratio of 25.47, a PEG ratio of 4.25 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.14). American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The firm had revenue of $402.93 million for the quarter, compared to analyst estimates of $459.24 million. During the same quarter last year, the firm earned $0.45 EPS. The company’s revenue was up 4.2% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, equities research analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The firm also recently declared 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. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.32 dividend on an annualized basis and a yield of 4.4%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 101.69%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AMH shares. The Goldman Sachs Group set a $37.00 target price on American Homes 4 Rent in a research report on Monday, December 15th. Scotiabank cut their price objective 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 Wednesday. Barclays lowered their target price on shares of American Homes 4 Rent from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. JPMorgan Chase & Co. dropped their price objective on 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. Finally, Royal Bank Of Canada dropped their price target on American Homes 4 Rent from $38.00 to $35.00 and set an “outperform” rating on the stock in a research note on Monday, February 23rd. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $36.09.

Hedge Funds Weigh In On American Homes 4 Rent

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its stake in shares of American Homes 4 Rent by 1,103.6% during the first quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock valued at $493,000 after acquiring an additional 11,963 shares during the last quarter. AlphaQuest LLC acquired a new position in American Homes 4 Rent in the second quarter valued at $33,000. Envestnet Asset Management Inc. grew its holdings in shares of American Homes 4 Rent by 9.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 406,932 shares of the real estate investment trust’s stock worth $14,635,000 after purchasing an additional 34,073 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of American Homes 4 Rent by 922.2% during the 2nd quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 747 shares in the last quarter. Finally, Simon Quick Advisors LLC acquired a new position in American Homes 4 Rent during the 2nd quarter worth approximately $224,000. 91.87% of the stock is owned by institutional investors and hedge funds.

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.