American Homes 4 Rent (NYSE:AMH) Director Jack Corrigan Buys 1,000 Shares

American Homes 4 Rent (NYSE:AMHGet Free Report) Director Jack Corrigan bought 1,000 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was bought at an average cost of $21.60 per share, for a total transaction of $21,600.00. Following the acquisition, the director owned 23,000 shares of the company’s stock, valued at approximately $496,800. This trade represents a 4.55% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

American Homes 4 Rent Stock Up 0.5%

Shares of American Homes 4 Rent stock opened at $31.63 on Tuesday. The company has a market cap of $11.41 billion, a P/E ratio of 25.10, a PEG ratio of 5.62 and a beta of 0.79. American Homes 4 Rent has a one year low of $27.22 and a one year high of $35.07. The firm has a fifty day moving average of $33.57 and a two-hundred day moving average of $31.85. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.59 and a current ratio of 0.59.

American Homes 4 Rent (NYSE:AMHGet Free Report) last announced its quarterly earnings data 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. The company had revenue of $470.10 million for the quarter, compared to analyst estimates of $466.51 million. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%.The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.47 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, analysts forecast that American Homes 4 Rent will post 1.91 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Tuesday, September 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 104.76%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Morgan Stanley cut their price target on American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating for the company in a research note on Wednesday, August 12th. BMO Capital Markets raised American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price target on the stock in a research note on Friday, June 26th. Jefferies Financial Group upgraded American Homes 4 Rent to a “strong-buy” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada increased their price objective on shares of American Homes 4 Rent from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Finally, UBS Group boosted their target price on shares of American Homes 4 Rent from $32.00 to $35.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $36.83.

View Our Latest Stock Report on AMH

Institutional Investors Weigh In On American Homes 4 Rent

Institutional investors and hedge funds have recently bought and sold shares of the business. IFP Advisors Inc boosted its position in shares of American Homes 4 Rent by 122.2% during the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 441 shares during the period. Bessemer Group Inc. lifted its holdings in American Homes 4 Rent by 70.3% in the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 483 shares during the last quarter. Root Financial Partners LLC boosted its position in shares of American Homes 4 Rent by 7,231.6% during the 1st quarter. Root Financial Partners LLC now owns 1,393 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 1,374 shares in the last quarter. Elevation Wealth Partners LLC boosted its position in shares of American Homes 4 Rent by 199.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,441 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 959 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of American Homes 4 Rent in the 4th quarter worth approximately $49,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

About American Homes 4 Rent

(Get Free Report)

American Homes 4 Rent (NYSE:AMH) is a real estate investment trust focused on owning, developing and operating single-family rental homes. The company leases homes to residents and manages the properties through a combination of in-house operations and technology-enabled services.

AMH’s activities include acquiring and developing homes, renovating properties, providing leasing and resident services, and maintaining its rental portfolio. Its homes are generally located in planned communities and other suburban markets designed to appeal to households seeking single-family living without homeownership.

Founded in 2012, American Homes 4 Rent serves communities across several U.S.

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Insider Buying and Selling by Quarter for American Homes 4 Rent (NYSE:AMH)

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