American Homes 4 Rent (NYSE:AMH) Receives Consensus Rating of “Hold” from Brokerages

Shares of American Homes 4 Rent (NYSE:AMH) have earned an average rating of “Hold” from the nineteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $35.00.

AMH has been the topic of a number of recent analyst reports. Compass Point initiated coverage on American Homes 4 Rent in a research note on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price objective on the stock. Keefe, Bruyette & Woods raised their price objective on American Homes 4 Rent from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Tuesday. Mizuho cut their price objective on American Homes 4 Rent from $32.00 to $29.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Barclays raised their price objective on American Homes 4 Rent from $31.00 to $32.00 and gave the company an “equal weight” rating in a research note on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, March 20th.

American Homes 4 Rent Stock Down 2.3%

Shares of American Homes 4 Rent stock opened at $30.65 on Friday. The firm has a market cap of $11.05 billion, a price-to-earnings ratio of 24.92, a P/E/G ratio of 4.14 and a beta of 0.82. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $38.85. The stock has a 50-day simple moving average of $29.75 and a 200-day simple moving average of $30.86.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.30. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The business had revenue of $472.02 million for the quarter, compared to the consensus estimate of $470.62 million. During the same period last year, the business earned $0.46 EPS. The firm’s 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, equities research analysts expect that American Homes 4 Rent will post 1.92 earnings per share for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, June 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 107.32%.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan purchased 1,594 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average cost of $23.25 per share, with a total value of $37,060.50. Following the transaction, the director directly owned 20,000 shares in the company, valued at approximately $465,000. This represents a 8.66% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Douglas N. Benham purchased 1,571 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was acquired at an average cost of $24.00 per share, for a total transaction of $37,704.00. Following the completion of the transaction, the director owned 43,517 shares in the company, valued at approximately $1,044,408. This trade represents a 3.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have purchased 8,371 shares of company stock valued at $220,883. Corporate insiders own 5.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AMH. Norges Bank bought a new position in American Homes 4 Rent in the 4th quarter worth approximately $710,672,000. Bank of Montreal Can increased its position in American Homes 4 Rent by 3,526.2% in the 4th quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock worth $147,655,000 after buying an additional 4,472,998 shares during the period. Principal Financial Group Inc. increased its position in American Homes 4 Rent by 19.8% in the 1st quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust’s stock worth $528,736,000 after buying an additional 3,126,434 shares during the period. AQR Capital Management LLC increased its position in American Homes 4 Rent by 1,299.8% in the 4th quarter. AQR Capital Management LLC now owns 3,112,624 shares of the real estate investment trust’s stock worth $99,915,000 after buying an additional 2,890,263 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC increased its position in American Homes 4 Rent by 104.4% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,850,171 shares of the real estate investment trust’s stock worth $155,690,000 after buying an additional 2,477,585 shares during the period. 91.87% of the stock is owned by institutional investors.

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.