American Homes 4 Rent (NYSE:AMH) Receives Market Perform Rating from Raymond James Financial

American Homes 4 Rent (NYSE:AMH)‘s stock had its “market perform” rating reissued by analysts at Raymond James Financial in a report released on Friday,Benzinga reports.

A number of other equities research analysts have also recently weighed in on AMH. Morgan Stanley dropped their price target on American Homes 4 Rent from $41.00 to $40.00 and set an “overweight” rating on the stock in a research note on Thursday, November 13th. Scotiabank decreased their price objective on shares of American Homes 4 Rent from $35.00 to $33.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 14th. Weiss Ratings reissued a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Wednesday, January 21st. Keefe, Bruyette & Woods reduced their target price on shares of American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, Evercore decreased their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating on the stock in a research note on Friday, October 31st. Seven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $36.69.

American Homes 4 Rent Stock Up 1.8%

American Homes 4 Rent stock opened at $30.35 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.41. The company’s 50-day moving average is $31.35 and its 200-day moving average is $32.40. The firm has a market capitalization of $11.26 billion, a PE ratio of 25.72, a P/E/G ratio of 4.25 and a beta of 0.80. American Homes 4 Rent has a fifty-two week low of $28.84 and a fifty-two week high of $39.49.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results 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 business had revenue of $402.93 million for 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%.American Homes 4 Rent’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the firm earned $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Sell-side analysts anticipate that American Homes 4 Rent will post 1.85 earnings per share for the current year.

Insider Buying and Selling

In other American Homes 4 Rent news, Director Jack E. Corrigan bought 5,000 shares of the stock in a transaction dated Tuesday, December 9th. The shares were bought at an average cost of $22.96 per share, with a total value of $114,800.00. Following the completion of the acquisition, the director owned 17,300 shares of the company’s stock, valued at $397,208. This trade represents a 40.65% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director David Goldberg purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average price of $29.17 per share, with a total value of $58,340.00. Following the completion of the transaction, the director owned 34,723 shares of the company’s stock, valued at $1,012,869.91. This represents a 6.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 6.32% of the company’s stock.

Institutional Trading of American Homes 4 Rent

Several large investors have recently modified their holdings of AMH. Jones Financial Companies Lllp increased its position in shares of American Homes 4 Rent by 1,103.6% in the first quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock worth $493,000 after purchasing an additional 11,963 shares during the period. AlphaQuest LLC acquired a new stake in American Homes 4 Rent during the second quarter worth about $33,000. Envestnet Asset Management Inc. increased its holdings in American Homes 4 Rent by 9.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 406,932 shares of the real estate investment trust’s stock valued at $14,635,000 after buying an additional 34,073 shares during the period. Teacher Retirement System of Texas increased its holdings in American Homes 4 Rent by 54.5% in the 2nd quarter. Teacher Retirement System of Texas now owns 147,511 shares of the real estate investment trust’s stock valued at $5,321,000 after buying an additional 52,053 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of American Homes 4 Rent by 8.6% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 75,500 shares of the real estate investment trust’s stock valued at $2,723,000 after buying an additional 6,000 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.