American Homes 4 Rent (NYSE:AMH) Stock Gets Price Target Reduction from UBS Group

American Homes 4 Rent (NYSE:AMH) had its target price dropped by equities researchers at UBS Group from $35.00 to $32.00 in a report issued on Monday, Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. UBS Group’s price objective indicates a potential upside of 4.28% from the company’s current price.

Several other research firms also recently commented on AMH. 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 objective on the stock in a report on Friday, June 26th. Mizuho raised shares of American Homes 4 Rent from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $35.00 to $36.00 in a report on Monday, September 21st. JPMorgan Chase & Co. upped 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 research note on Wednesday, August 19th. Morgan Stanley lowered their price target on shares of American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating on the stock in a report on Wednesday, August 12th. Finally, Wells Fargo & Company raised their price objective on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, American Homes 4 Rent has a consensus rating of “Moderate Buy” and a consensus price target of $36.53.

American Homes 4 Rent Stock Performance

Shares of AMH stock traded down $0.16 during trading on Monday, reaching $30.69. 2,530,239 shares of the company’s stock were exchanged, compared to its average volume of 3,264,569. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $11.07 billion, a PE ratio of 24.35, a PEG ratio of 5.84 and a beta of 0.77. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $35.07. The firm’s fifty day moving average price is $32.51 and its 200-day moving average price is $32.07.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, beating 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 business had revenue of $470.10 million for the quarter, compared to analysts’ expectations of $466.51 million. During the same quarter in the prior year, the business earned $0.47 EPS. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. As a group, sell-side analysts anticipate that American Homes 4 Rent will post 1.91 EPS for the current year.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Jack Corrigan bought 8,000 shares of the company’s stock in a transaction dated Friday, September 11th. The stock was bought at an average price of $21.49 per share, with a total value of $171,920.00. Following the completion of the acquisition, the director owned 25,000 shares of the company’s stock, valued at $537,250. This represents a 47.06% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders acquired a total of 15,000 shares of company stock worth $328,040 over the last three months. 5.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On American Homes 4 Rent

Institutional investors and hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. raised its stake 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 purchasing an additional 3,126,434 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of American Homes 4 Rent by 83.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,544,892 shares of the real estate investment trust’s stock worth $98,973,000 after buying an additional 1,608,934 shares during the last quarter. Engineers Gate Manager LP increased its stake in shares of American Homes 4 Rent by 610.2% in the fourth quarter. Engineers Gate Manager LP now owns 1,168,178 shares of the real estate investment trust’s stock valued at $37,499,000 after buying an additional 1,003,703 shares during the period. Wellington Management Group LLP bought a new position in American Homes 4 Rent during the 2nd quarter worth $31,118,000. Finally, Adelante Capital Management LLC acquired a new position in shares of American Homes 4 Rent in the 2nd quarter worth approximately $28,365,000. 91.87% of the stock is currently owned by institutional investors and hedge funds.

About American Homes 4 Rent

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.