American Homes 4 Rent (NYSE:AMH) Stock Has Average Target Price of $36.71 According to Brokerages

American Homes 4 Rent (NYSE:AMH) has been assigned a consensus rating of “Moderate Buy” from the eighteen analysts that are presently covering the stock, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $36.71.

Several research firms recently issued reports on AMH. Morgan Stanley decreased their target price on American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 12th. Barclays boosted their price target on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft set a $39.00 price target on American Homes 4 Rent in a research report on Friday, June 26th. Royal Bank Of Canada increased their price objective on American Homes 4 Rent from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Finally, UBS Group raised their price objective on American Homes 4 Rent from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th.

American Homes 4 Rent Stock Performance

Shares of AMH opened at $30.81 on Tuesday. The stock has a 50-day moving average of $32.51 and a two-hundred day moving average of $32.04. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a market cap of $11.11 billion, a P/E ratio of 24.45, a P/E/G ratio of 5.84 and a beta of 0.77. American Homes 4 Rent has a one year low of $27.22 and a one year high of $35.07.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, beating the consensus estimate 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 net margin of 25.53% and a return on equity of 6.25%. During the same period in the prior year, the company earned $0.47 earnings per share. The firm’s revenue 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, research analysts predict that American Homes 4 Rent will post 1.91 EPS for the current year.

American Homes 4 Rent Dividend Announcement

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

Insider Activity

In other news, Director Jack Corrigan purchased 8,000 shares of the company’s stock in a transaction dated Friday, September 11th. The stock was acquired at an average price of $21.49 per share, with a total value of $171,920.00. Following the purchase, the director directly owned 25,000 shares in the company, valued at approximately $537,250. This represents a 47.06% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders acquired 15,000 shares of company stock valued at $328,040. 5.70% of the stock is owned by company insiders.

Institutional Trading of American Homes 4 Rent

Institutional investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. raised 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 valued at $528,736,000 after purchasing an additional 3,126,434 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of American Homes 4 Rent by 83.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,544,892 shares of the real estate investment trust’s stock valued at $98,973,000 after buying an additional 1,608,934 shares during the period. Engineers Gate Manager LP grew its position in shares of American Homes 4 Rent by 610.2% during the fourth quarter. Engineers Gate Manager LP now owns 1,168,178 shares of the real estate investment trust’s stock worth $37,499,000 after buying an additional 1,003,703 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of American Homes 4 Rent during the second quarter worth about $31,118,000. Finally, Centersquare Investment Management LLC grew its position in shares of American Homes 4 Rent by 16.4% during the fourth quarter. Centersquare Investment Management LLC now owns 6,135,358 shares of the real estate investment trust’s stock worth $196,945,000 after buying an additional 864,078 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

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.