UBS Group Issues Positive Forecast for American Homes 4 Rent (NYSE:AMH) Stock Price

American Homes 4 Rent (NYSE:AMH) had its target price increased by UBS Group from $32.00 to $35.00 in a research report report published on Wednesday,Benzinga reports. The brokerage currently has a neutral rating on the real estate investment trust’s stock.

A number of other analysts also recently weighed in on the company. Morgan Stanley decreased their price target on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a research note on Wednesday, May 27th. Wells Fargo & Company increased their price objective on American Homes 4 Rent from $34.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Mizuho raised their target price on American Homes 4 Rent from $29.00 to $35.00 and gave the company a “neutral” rating in a report on Wednesday, June 17th. Barclays boosted their target price on shares of American Homes 4 Rent from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft set a $39.00 price target on shares of American Homes 4 Rent in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $36.25.

American Homes 4 Rent Stock Down 2.0%

AMH stock opened at $33.33 on Wednesday. The company’s 50 day moving average price is $32.50 and its 200 day moving average price is $31.12. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $36.86. The firm has a market capitalization of $12.02 billion, a price-to-earnings ratio of 27.09, a PEG ratio of 4.59 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last posted 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 return on equity of 6.08% and a net margin of 25.27%.The company had revenue of $472.02 million for the quarter, compared to analysts’ expectations of $470.62 million. During the same period last year, the firm earned $0.46 earnings per share. American Homes 4 Rent’s quarterly revenue was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, equities research analysts anticipate that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, June 15th. American Homes 4 Rent’s dividend payout ratio is presently 107.32%.

Insider Buying and Selling

In other news, Director Jack E. Corrigan bought 2,041 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was acquired at an average price of $23.53 per share, for a total transaction of $48,024.73. Following the acquisition, the director owned 17,000 shares of the company’s stock, valued at $400,010. This trade represents a 13.64% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders bought 5,000 shares of company stock worth $117,024 in the last ninety days. Corporate insiders own 5.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Commonwealth Equity Services LLC lifted its position in shares of American Homes 4 Rent by 3.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust’s stock worth $347,000 after purchasing an additional 321 shares during the last quarter. Vanderbilt University lifted its holdings in American Homes 4 Rent by 1.5% during the 1st quarter. Vanderbilt University now owns 23,385 shares of the real estate investment trust’s stock worth $653,000 after buying an additional 346 shares during the last quarter. OMERS ADMINISTRATION Corp grew its position in shares of American Homes 4 Rent by 3.6% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust’s stock worth $338,000 after acquiring an additional 424 shares in the last quarter. Assetmark Inc. grew its position in shares of American Homes 4 Rent by 7.2% in the 1st quarter. Assetmark Inc. now owns 6,427 shares of the real estate investment trust’s stock worth $179,000 after acquiring an additional 431 shares in the last quarter. Finally, IFP Advisors Inc grew its position 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 acquiring an additional 441 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 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.