American Homes 4 Rent (NYSE:AMH – Get Free Report) had its price target lifted by investment analysts at Keefe, Bruyette & Woods from $35.00 to $36.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 13.86% from the stock’s previous close.
Other research analysts also recently issued reports about the company. Wall Street Zen raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Saturday. Deutsche Bank Aktiengesellschaft decreased their price objective on 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Wednesday, January 21st. Citigroup cut their target price on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Finally, Mizuho reduced their price target on shares of American Homes 4 Rent from $32.00 to $29.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. Eight investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $35.00.
Read Our Latest Stock Analysis on American Homes 4 Rent
American Homes 4 Rent Trading Down 1.3%
American Homes 4 Rent (NYSE:AMH – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $470.62 million. During the same quarter in the prior year, the firm posted $0.46 earnings per share. The business’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, analysts predict that American Homes 4 Rent will post 1.92 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, Director Douglas N. Benham bought 1,200 shares of the stock in a transaction on Monday, March 2nd. The shares were purchased at an average cost of $24.20 per share, for a total transaction of $29,040.00. Following the completion of the purchase, the director directly owned 44,717 shares in the company, valued at $1,082,151.40. This represents a 2.76% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David Goldberg acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average price of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the purchase, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. This trade represents a 5.76% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 6,771 shares of company stock worth $183,684 in the last ninety days. 5.70% of the stock is currently owned by insiders.
Institutional Trading of American Homes 4 Rent
A number of large investors have recently modified their holdings of AMH. Thrivent Financial for Lutherans boosted its holdings in shares of American Homes 4 Rent by 67.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 125,412 shares of the real estate investment trust’s stock worth $4,170,000 after purchasing an additional 50,587 shares during the period. 12th Street Asset Management Company LLC increased its stake in shares of American Homes 4 Rent by 64.3% during the third quarter. 12th Street Asset Management Company LLC now owns 158,081 shares of the real estate investment trust’s stock valued at $5,256,000 after buying an additional 61,838 shares during the period. Centersquare Investment Management LLC increased its position in American Homes 4 Rent by 25.9% during the 3rd quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust’s stock valued at $175,270,000 after purchasing an additional 1,082,972 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in American Homes 4 Rent by 24.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,506,317 shares of the real estate investment trust’s stock worth $83,335,000 after buying an additional 485,401 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of American Homes 4 Rent by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock worth $1,486,798,000 after acquiring an additional 246,713 shares in the last quarter. Institutional investors 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.
Read More
- Five stocks we like better than American Homes 4 Rent
- The DRAM Shake-Up: Samsung Stumbles, Micron Chases $1000
- MP Materials Is Quietly Building a Rare Earth Powerhouse
- AI Demand Fuels Strong Q1 Earnings for Constellation Energy
- Sony’s $4 Billion Bet on Rock & Roll Royalties
Receive News & Ratings for American Homes 4 Rent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Homes 4 Rent and related companies with MarketBeat.com's FREE daily email newsletter.
