Brokerages Set American Homes 4 Rent (NYSE:AMH) Target Price at $35.21

American Homes 4 Rent (NYSE:AMH) has earned a consensus recommendation of “Hold” from the eighteen analysts that are presently covering the stock, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $35.2059.

A number of analysts recently weighed in on the stock. UBS Group lowered their target price on shares of American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Mizuho lowered their target price on shares of 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. Citigroup dropped their target price on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a report on Monday, March 2nd. Royal Bank Of Canada cut their target price on American Homes 4 Rent from $38.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday, February 23rd. Finally, Raymond James Financial restated a “market perform” rating on shares of American Homes 4 Rent in a research report on Friday, February 27th.

American Homes 4 Rent Price Performance

Shares of NYSE:AMH opened at $30.67 on Tuesday. American Homes 4 Rent has a 1-year low of $27.22 and a 1-year high of $39.49. The firm has a market capitalization of $11.16 billion, a PE ratio of 25.99, a PEG ratio of 4.32 and a beta of 0.79. The business’s 50 day moving average is $29.50 and its 200-day moving average is $31.05. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.14). The firm had revenue of $402.93 million for the quarter, compared to analyst estimates of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.American Homes 4 Rent’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Sell-side analysts predict that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.33 per share. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, March 13th. American Homes 4 Rent’s dividend payout ratio is currently 111.86%.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director David Goldberg acquired 2,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was purchased at an average cost 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 of the company’s stock, valued at $1,075,983.90. The trade was a 5.76% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Douglas N. Benham acquired 1,571 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were purchased at an average cost of $24.00 per share, for a total transaction of $37,704.00. Following the completion of the purchase, the director directly owned 43,517 shares of the company’s stock, valued at approximately $1,044,408. The trade was a 3.75% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 6,771 shares of company stock valued at $183,684 over the last quarter. Corporate insiders own 5.70% of the company’s stock.

Institutional Trading of American Homes 4 Rent

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in American Homes 4 Rent by 0.6% during the third quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock worth $1,486,798,000 after buying an additional 246,713 shares during the last quarter. Norges Bank bought a new stake in American Homes 4 Rent during the fourth quarter worth about $710,672,000. State Street Corp grew its stake in American Homes 4 Rent by 2.2% during the third quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock worth $612,605,000 after buying an additional 399,894 shares during the last quarter. Principal Financial Group Inc. grew its stake in American Homes 4 Rent by 8.7% during the fourth quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust’s stock worth $507,532,000 after buying an additional 1,260,717 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in American Homes 4 Rent by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 7,355,760 shares of the real estate investment trust’s stock worth $235,572,000 after buying an additional 161,676 shares during the last quarter. 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.