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

American Homes 4 Rent (NYSE:AMH – Free Report) had its price target trimmed by UBS Group from $35.00 to $32.00 in a research report released on Monday,Benzinga reports. The brokerage currently has a neutral rating on the real estate investment trust’s stock.

Several other research firms have also recently issued reports on AMH. Jefferies Financial Group raised shares of American Homes 4 Rent to a “strong-buy” rating in a research report on Wednesday, July 22nd. Mizuho raised shares of American Homes 4 Rent from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $35.00 to $36.00 in a research report on Monday, September 21st. JPMorgan Chase & Co. lifted 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. Keefe, Bruyette & Woods lifted their price target on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Finally, Barclays boosted their price target on American Homes 4 Rent from $32.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $36.35.

Check Out Our Latest Research Report on AMH

American Homes 4 Rent Stock Down 0.1%

NYSE:AMH opened at $30.60 on Monday. The company has a market cap of $11.04 billion, a price-to-earnings ratio of 24.29, a price-to-earnings-growth ratio of 5.80 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 company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.69. The stock has a fifty day simple moving average of $32.28 and a 200-day simple moving average of $32.14.

American Homes 4 Rent (NYSE:AMH – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.13. The firm had revenue of $470.10 million for the quarter, compared to analysts’ expectations of $466.51 million. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.47 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Analysts anticipate that American Homes 4 Rent will post 1.91 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.33 per share. The ex-dividend date was Tuesday, September 15th. This represents a $1.32 annualized dividend and a dividend yield of 4.3%. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 104.76%.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Jack Corrigan acquired 8,000 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was purchased at an average cost of $21.49 per share, for a total transaction of $171,920.00. Following the completion of the acquisition, the director directly owned 25,000 shares of the company’s stock, valued at $537,250. The trade was a 47.06% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders bought 15,000 shares of company stock valued at $328,040 in the last ninety days. Insiders own 5.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NorthCrest Asset Manangement LLC lifted its position in shares of American Homes 4 Rent by 9.3% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 20,067 shares of the real estate investment trust’s stock worth $612,000 after purchasing an additional 1,714 shares during the period. Wedmont Private Capital bought a new position in shares of American Homes 4 Rent during the third quarter valued at approximately $219,000. GAMMA Investing LLC boosted its stake in shares of American Homes 4 Rent by 10.4% during the third quarter. GAMMA Investing LLC now owns 7,943 shares of the real estate investment trust’s stock valued at $241,000 after purchasing an additional 747 shares in the last quarter. Elevation Wealth Partners LLC increased its holdings in American Homes 4 Rent by 53.6% during the third quarter. Elevation Wealth Partners LLC now owns 2,213 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 772 shares during the period. Finally, Versant Capital Management Inc increased its holdings in American Homes 4 Rent by 50.6% during the third quarter. Versant Capital Management Inc now owns 13,320 shares of the real estate investment trust’s stock valued at $405,000 after buying an additional 4,475 shares during the period. 91.87% of the stock is currently owned by institutional investors.

American Homes 4 Rent Company Profile

(Get Free Report)

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.

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Analyst Recommendations for American Homes 4 Rent (NYSE:AMH)

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