Wells Fargo & Company Issues Pessimistic Forecast for American Homes 4 Rent (NYSE:AMH) Stock Price

American Homes 4 Rent (NYSE:AMH) had its price target reduced by Wells Fargo & Company from $37.00 to $34.00 in a report issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 14.09% from the company’s current price.

A number of other equities analysts also recently commented on AMH. Barclays reduced their target price on shares of American Homes 4 Rent from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. JPMorgan Chase & Co. dropped their target price on shares of American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. Scotiabank decreased their price objective on shares of American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating for the company in a research note on Wednesday. Mizuho reiterated a “neutral” rating and issued a $32.00 price target (down from $33.00) on shares of American Homes 4 Rent in a research report on Thursday, January 8th. Finally, Wall Street Zen cut American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Sunday, January 18th. Seven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $35.91.

American Homes 4 Rent Stock Performance

Shares of NYSE:AMH traded down $0.23 during trading on Thursday, hitting $29.80. 547,712 shares of the stock traded hands, compared to its average volume of 4,862,450. The company has a fifty day moving average price of $31.23 and a two-hundred day moving average price of $32.26. American Homes 4 Rent has a 52-week low of $28.84 and a 52-week high of $39.49. The company has a market cap of $10.84 billion, a price-to-earnings ratio of 25.25, a P/E/G ratio of 4.26 and a beta of 0.80. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.66.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.14). The firm had revenue of $402.93 million during 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%.The company’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the company posted $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, equities analysts predict that American Homes 4 Rent will post 1.85 EPS for the current year.

Insiders Place Their Bets

In other news, Director Douglas N. Benham bought 1,571 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was purchased at an average price of $24.00 per share, with a total value of $37,704.00. Following the purchase, the director owned 43,517 shares of the company’s stock, valued at $1,044,408. This trade represents a 3.75% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David Goldberg bought 2,000 shares of American Homes 4 Rent stock in a transaction on Tuesday, February 24th. The stock was purchased at an average price of $29.17 per share, for a total transaction of $58,340.00. Following the completion of the acquisition, the director owned 34,723 shares in the company, valued at $1,012,869.91. This represents a 6.11% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders purchased 9,771 shares of company stock valued at $239,884. Corporate insiders own 6.32% of the company’s stock.

Institutional Trading of American Homes 4 Rent

A number of hedge funds have recently added to or reduced their stakes in AMH. Wilmington Savings Fund Society FSB boosted its stake in American Homes 4 Rent by 10,728.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 751 shares during the period. IFP Advisors Inc boosted its holdings in shares of American Homes 4 Rent by 122.2% in the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 441 shares in the last quarter. True Wealth Design LLC increased its position in shares of American Homes 4 Rent by 230.8% during the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 577 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in shares of American Homes 4 Rent by 922.2% during the 2nd quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 747 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in American Homes 4 Rent by 84.8% in the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 442 shares in the last quarter. 91.87% of the stock is owned by institutional investors and hedge funds.

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.