American Homes 4 Rent (NYSE:AMH) Upgraded by Raymond James Financial to Outperform Rating

American Homes 4 Rent (NYSE:AMH) was upgraded by analysts at Raymond James Financial from a “market perform” rating to an “outperform” rating in a research report issued on Monday,Benzinga reports. The firm currently has a $35.00 price objective on the real estate investment trust’s stock. Raymond James Financial’s target price suggests a potential upside of 14.20% from the company’s previous close.

AMH has been the topic of several other research reports. Barclays lifted their target price on American Homes 4 Rent from $31.00 to $32.00 and gave the company an “equal weight” rating in a research note on Monday, April 27th. Wall Street Zen upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Scotiabank cut their target price on American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating on the stock in a research note on Wednesday, March 4th. Keefe, Bruyette & Woods lifted their target price on American Homes 4 Rent from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Finally, Wells Fargo & Company cut their target price on American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th. Nine equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, American Homes 4 Rent currently has an average rating of “Hold” and a consensus price target of $35.00.

American Homes 4 Rent Stock Performance

Shares of American Homes 4 Rent stock opened at $30.65 on Monday. The stock’s fifty day moving average is $29.75 and its two-hundred day moving average is $30.84. The company has a market capitalization of $11.05 billion, a PE ratio of 24.92, a price-to-earnings-growth ratio of 4.03 and a beta of 0.82. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. American Homes 4 Rent has a 52 week low of $27.22 and a 52 week high of $38.85.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. The business had revenue of $472.02 million for the quarter, compared to the consensus estimate of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, analysts expect that American Homes 4 Rent will post 1.93 earnings per share for the current year.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham purchased 1,200 shares of the stock in a transaction on Monday, March 2nd. The shares were bought at an average cost of $24.20 per share, with a total value of $29,040.00. Following the completion of the acquisition, the director owned 44,717 shares in the company, valued at $1,082,151.40. This trade represents a 2.76% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jack E. Corrigan purchased 1,594 shares of the stock in a transaction on Wednesday, May 13th. The stock was acquired at an average cost of $23.25 per share, for a total transaction of $37,060.50. Following the completion of the acquisition, the director owned 20,000 shares of the company’s stock, valued at $465,000. The trade was a 8.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 8,371 shares of company stock worth $220,883 over the last quarter. Insiders own 5.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in AMH. Wilmington Savings Fund Society FSB lifted its stake in American Homes 4 Rent by 10,728.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 751 shares in the last quarter. IFP Advisors Inc lifted its stake in 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 purchasing an additional 441 shares in the last quarter. True Wealth Design LLC lifted its stake in American Homes 4 Rent by 230.8% in the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 577 shares in the last quarter. Parallel Advisors LLC lifted its stake in American Homes 4 Rent by 84.8% in the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 442 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in American Homes 4 Rent by 70.3% in the 1st 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 in the last quarter. 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.