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 research analysts at Wells Fargo & Company from $38.00 to $34.00 in a report issued on Monday, Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 10.04% from the company’s previous close.

AMH has been the topic of several other research reports. JPMorgan Chase & Co. boosted their price target on American Homes 4 Rent from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 19th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Monday, August 17th. Barclays lowered their price target on shares of American Homes 4 Rent from $36.00 to $35.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 14th. Mizuho raised shares of American Homes 4 Rent from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $35.00 to $36.00 in a research report on Monday, September 21st. Finally, Scotiabank reduced their target price 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 Thursday, September 17th. One equities research 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $36.12.

American Homes 4 Rent Trading Down 1.2%

NYSE AMH traded down $0.38 on Monday, reaching $30.90. The stock had a trading volume of 493,178 shares, compared to its average volume of 3,234,862. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $35.07. The stock has a fifty day moving average price of $32.14 and a two-hundred day moving average price of $32.18. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $11.14 billion, a price-to-earnings ratio of 24.47, a P/E/G ratio of 5.92 and a beta of 0.77.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The business had revenue of $470.10 million during the quarter, compared to the consensus estimate of $466.51 million. During the same quarter in the prior year, the firm earned $0.47 earnings per share. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. As a group, sell-side analysts forecast that American Homes 4 Rent will post 1.91 EPS for the current fiscal year.

Insider Transactions at American Homes 4 Rent

In related news, Director Jack Corrigan acquired 8,000 shares of American Homes 4 Rent stock in a transaction on Friday, September 11th. The stock was purchased at an average cost of $21.49 per share, with a total value of $171,920.00. Following the completion of the transaction, the director directly owned 25,000 shares in the company, valued at $537,250. This trade represents a 47.06% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders acquired 15,000 shares of company stock worth $328,040. Company insiders own 5.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Bessemer Group Inc. lifted its stake in American Homes 4 Rent by 70.3% during the first quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 483 shares during the last quarter. Root Financial Partners LLC raised its position in American Homes 4 Rent by 7,231.6% in 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 buying an additional 1,374 shares during the last quarter. Elevation Wealth Partners LLC raised its stake in shares of American Homes 4 Rent by 199.0% in the second quarter. Elevation Wealth Partners LLC now owns 1,441 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 959 shares during the period. SJS Investment Consulting Inc. lifted its stake in American Homes 4 Rent by 393.3% in the 1st quarter. SJS Investment Consulting Inc. now owns 2,131 shares of the real estate investment trust’s stock worth $59,000 after purchasing an additional 1,699 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of American Homes 4 Rent by 70.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,941 shares of the real estate investment trust’s stock worth $94,000 after buying an additional 1,213 shares during 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, operates and develops single-family rental homes in the United States. The company provides professionally managed rental housing to individuals and families, with properties generally located in suburban communities and designed for long-term occupancy.

The company’s activities include acquiring, constructing, renovating, leasing and maintaining single-family homes. Its portfolio includes detached houses with features such as private yards, garages and modern appliances.