American Homes 4 Rent (NYSE:AMH) Coverage Initiated by Analysts at Compass Point

Compass Point initiated coverage on shares of American Homes 4 Rent (NYSE:AMH) in a note issued to investors on Tuesday. The firm set a “buy” rating and a $37.50 price target on the real estate investment trust’s stock. Compass Point’s price objective would suggest a potential upside of 23.62% from the stock’s current price.

Several other research analysts have also weighed in on AMH. JPMorgan Chase & Co. lowered their target price on shares of American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. Citigroup lowered their target price on shares of American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Wall Street Zen lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Sunday, January 18th. Weiss Ratings restated a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Wednesday, January 21st. Finally, Barclays upped 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. Eight research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $35.39.

American Homes 4 Rent Trading Down 0.7%

NYSE AMH opened at $30.34 on Tuesday. The stock has a market capitalization of $11.04 billion, a P/E ratio of 25.71, a P/E/G ratio of 4.41 and a beta of 0.79. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $39.49. The firm has a 50-day moving average price of $29.39 and a 200 day moving average price of $30.95. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.66.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.14). American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The firm had revenue of $402.93 million for the quarter, compared to analysts’ expectations of $459.24 million. During the same period in the prior year, the company earned $0.45 earnings per share. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities research analysts expect that American Homes 4 Rent will post 1.92 EPS for the current year.

Insider Activity at American Homes 4 Rent

In other news, Director Douglas N. Benham acquired 1,571 shares of American Homes 4 Rent stock in a transaction that occurred on Wednesday, February 25th. The shares were acquired at an average price of $24.00 per share, with a total value of $37,704.00. Following the completion of the purchase, the director owned 43,517 shares of the company’s stock, valued at approximately $1,044,408. This represents a 3.75% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David Goldberg acquired 2,000 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the purchase, the director directly owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. This trade represents a 5.76% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased 6,771 shares of company stock worth $183,684 in the last three months. Insiders own 5.70% of the company’s stock.

Hedge Funds Weigh In On American Homes 4 Rent

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of American Homes 4 Rent by 0.6% during the third quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock valued at $1,486,798,000 after buying an additional 246,713 shares during the period. Norges Bank purchased a new position in American Homes 4 Rent during the fourth quarter worth approximately $710,672,000. State Street Corp raised its stake in American Homes 4 Rent by 2.2% during the third quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock worth $612,605,000 after purchasing an additional 399,894 shares during the period. Principal Financial Group Inc. raised its stake in American Homes 4 Rent by 8.7% during the fourth quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust’s stock worth $507,532,000 after purchasing an additional 1,260,717 shares during the period. Finally, Geode Capital Management LLC raised its stake in American Homes 4 Rent by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 7,355,760 shares of the real estate investment trust’s stock worth $235,572,000 after purchasing an additional 161,676 shares during the period. Hedge funds and other institutional investors own 91.87% of the company’s stock.

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.