Insider Buying: American Homes 4 Rent (NYSE:AMH) Director Purchases $37,060.50 in Stock

American Homes 4 Rent (NYSE:AMH) Director Jack Corrigan purchased 1,594 shares of the stock in a transaction dated Wednesday, May 13th. The stock was purchased at an average price of $23.25 per share, for a total transaction of $37,060.50. Following the completion of the acquisition, the director directly owned 20,000 shares in the company, valued at approximately $465,000. This represents a 8.66% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.

American Homes 4 Rent Stock Down 2.3%

NYSE:AMH opened at $30.65 on Friday. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $38.85. The stock has a market capitalization of $11.05 billion, a P/E ratio of 24.92, a P/E/G ratio of 4.04 and a beta of 0.82. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. The company’s 50-day simple moving average is $29.75 and its 200-day simple moving average is $30.86.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.30. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The business had revenue of $472.02 million for the quarter, compared to analysts’ expectations of $470.62 million. During the same period last year, the business earned $0.46 EPS. The company’s revenue was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, equities analysts anticipate that American Homes 4 Rent will post 1.93 earnings per share for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Monday, June 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 107.32%.

Institutional Trading of American Homes 4 Rent

A number of institutional investors have recently bought and sold shares of the stock. Norges Bank purchased a new position in American Homes 4 Rent during the 4th quarter worth approximately $710,672,000. Bank of Montreal Can raised its position in American Homes 4 Rent by 3,526.2% during the 4th quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock worth $147,655,000 after buying an additional 4,472,998 shares during the last quarter. Principal Financial Group Inc. raised its position in American Homes 4 Rent by 19.8% during the 1st quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust’s stock worth $528,736,000 after buying an additional 3,126,434 shares during the last quarter. AQR Capital Management LLC raised its position in American Homes 4 Rent by 1,299.8% during the 4th quarter. AQR Capital Management LLC now owns 3,112,624 shares of the real estate investment trust’s stock worth $99,915,000 after buying an additional 2,890,263 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC raised its position in American Homes 4 Rent by 104.4% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,850,171 shares of the real estate investment trust’s stock worth $155,690,000 after buying an additional 2,477,585 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on AMH shares. 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 report on Wednesday, March 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, January 21st. Raymond James Financial reiterated a “market perform” rating on shares of American Homes 4 Rent in a research note on Friday, February 27th. Royal Bank Of Canada lifted their target price on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, Citigroup lowered their target price on shares of American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a research note on Monday, March 2nd. Eight equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $35.00.

About American Homes 4 Rent

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.