BMO Capital Markets Issues Positive Forecast for American Homes 4 Rent (NYSE:AMH) Stock Price

American Homes 4 Rent (NYSE:AMH) had its price objective boosted by equities researchers at BMO Capital Markets from $36.00 to $39.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a “market perform” rating on the real estate investment trust’s stock. BMO Capital Markets’ price target points to a potential upside of 17.99% from the company’s previous close.

Several other research firms also recently issued reports on AMH. UBS Group dropped their price objective on shares of American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Citigroup lowered their price target on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Weiss Ratings upgraded American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Citizens Jmp cut their target price on American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating for the company in a research note on Monday, February 23rd. Finally, Keefe, Bruyette & Woods raised their target price on American Homes 4 Rent from $35.00 to $36.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Nine research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $35.19.

American Homes 4 Rent Stock Performance

Shares of AMH stock traded down $0.24 during trading hours on Monday, reaching $33.05. 424,931 shares of the company’s stock were exchanged, compared to its average volume of 3,786,090. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $37.06. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $11.92 billion, a P/E ratio of 26.89, a P/E/G ratio of 4.49 and a beta of 0.81. The business has a fifty day moving average price of $31.39 and a 200-day moving average price of $30.91.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. The business had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. American Homes 4 Rent’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.46 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Analysts predict that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Jack E. Corrigan bought 2,041 shares of the stock in a transaction dated Monday, May 18th. The shares were acquired at an average price of $23.53 per share, with a total value of $48,024.73. Following the acquisition, the director owned 17,000 shares in the company, valued at $400,010. This trade represents a 13.64% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have bought 5,000 shares of company stock valued at $117,024. 5.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of AMH. Wilmington Savings Fund Society FSB grew its position in American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 751 shares during the last quarter. IFP Advisors Inc increased its stake 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 in the last quarter. True Wealth Design LLC raised its holdings in shares of American Homes 4 Rent by 230.8% in the fourth quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 577 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of American Homes 4 Rent by 84.8% in the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 442 shares during the last quarter. Finally, Bessemer Group Inc. lifted its position in American Homes 4 Rent by 70.3% during the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 483 shares in 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 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.