Keefe, Bruyette & Woods Issues Positive Forecast for American Homes 4 Rent (NYSE:AMH) Stock Price

American Homes 4 Rent (NYSE:AMH) had its price target raised by equities research analysts at Keefe, Bruyette & Woods from $36.00 to $38.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the real estate investment trust’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 10.69% from the company’s current price.

AMH has been the subject of a number of other research reports. Mizuho increased their target price on shares of American Homes 4 Rent from $29.00 to $35.00 and gave the company a “neutral” rating in a research report on Wednesday, June 17th. Scotiabank boosted their price target on shares of American Homes 4 Rent from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft set a $39.00 price objective on shares of American Homes 4 Rent in a research note on Friday, June 26th. BMO Capital Markets upgraded shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price objective for the company in a research report on Friday, June 26th. Finally, Raymond James Financial raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 target price for the company in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.69.

American Homes 4 Rent Price Performance

NYSE:AMH traded down $0.20 on Wednesday, hitting $34.33. The company had a trading volume of 689,828 shares, compared to its average volume of 3,444,723. American Homes 4 Rent has a 52 week low of $27.22 and a 52 week high of $35.85. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $12.38 billion, a price-to-earnings ratio of 27.24, a PEG ratio of 4.65 and a beta of 0.79. The firm has a 50 day moving average of $33.18 and a two-hundred day moving average of $31.39.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%.The firm had revenue of $470.10 million for the quarter, compared to analyst estimates of $466.51 million. During the same period last year, the firm posted $0.47 earnings per share. The business’s revenue for the quarter 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. On average, research analysts anticipate that American Homes 4 Rent will post 1.88 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Jack E. Corrigan acquired 2,041 shares of the stock in a transaction dated Monday, May 18th. The stock was purchased at an average cost of $23.53 per share, with a total value of $48,024.73. Following the completion of the purchase, the director directly owned 17,000 shares in the company, valued at $400,010. This trade represents a 13.64% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have bought 5,000 shares of company stock valued at $117,024. 5.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On American Homes 4 Rent

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank bought a new stake in American Homes 4 Rent during the fourth quarter worth $710,672,000. Bank of Montreal Can increased its position in shares of 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 valued at $147,655,000 after purchasing an additional 4,472,998 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of 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 valued at $528,736,000 after purchasing an additional 3,126,434 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of 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 purchasing an additional 2,890,263 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC raised its stake in shares of 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 purchasing an additional 2,477,585 shares during the period. Hedge funds and other institutional investors own 91.87% of the company’s stock.

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.