Morgan Stanley Issues Pessimistic Forecast for American Homes 4 Rent (NYSE:AMH) Stock Price

American Homes 4 Rent (NYSE:AMH) had its target price cut by Morgan Stanley from $39.00 to $38.50 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Morgan Stanley’s price objective suggests a potential upside of 19.77% from the company’s current price.

Several other research analysts also recently commented on AMH. Citigroup cut their target price on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft lowered their price objective on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating for the company in a research report on Friday, March 20th. Wall Street Zen raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Scotiabank upped their target price on American Homes 4 Rent from $31.00 to $32.00 and gave the company a “sector perform” rating in a report on Thursday, May 21st. Finally, Barclays increased their target price on shares of American Homes 4 Rent from $31.00 to $32.00 and gave the company an “equal weight” rating in a research report on Monday, April 27th. Nine research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $34.97.

American Homes 4 Rent Trading Up 0.3%

NYSE:AMH traded up $0.11 during mid-day trading on Wednesday, hitting $32.15. 416,162 shares of the company’s stock were exchanged, compared to its average volume of 3,940,595. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $38.01. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $11.59 billion, a P/E ratio of 26.14, a PEG ratio of 4.25 and a beta of 0.82. The company has a 50 day simple moving average of $30.15 and a 200-day simple moving average of $30.85.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.30. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The firm had revenue of $472.02 million during the quarter, compared to analysts’ expectations of $470.62 million. During the same period in the prior year, the company posted $0.46 EPS. The company’s 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. As a group, research analysts expect that American Homes 4 Rent will post 1.93 earnings per share for the current year.

Insider Transactions at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham acquired 1,200 shares of the company’s stock in a transaction dated 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 purchase, the director directly owned 44,717 shares of the company’s stock, valued at $1,082,151.40. This trade represents a 2.76% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jack E. Corrigan bought 2,041 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average price of $23.53 per share, for a total transaction of $48,024.73. Following the transaction, the director owned 17,000 shares in the company, valued at $400,010. This represents a 13.64% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders acquired 8,200 shares of company stock valued at $204,664. Corporate insiders own 5.70% of the company’s stock.

Hedge Funds Weigh In On American Homes 4 Rent

Institutional investors and hedge funds have recently modified their holdings of the business. Wilmington Savings Fund Society FSB lifted its position in shares of American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 751 shares during the period. IFP Advisors Inc grew its holdings in American Homes 4 Rent by 122.2% in the fourth 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 during the period. True Wealth Design LLC increased its stake in American Homes 4 Rent by 230.8% in the fourth quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 577 shares in the last quarter. Parallel Advisors LLC increased its stake in American Homes 4 Rent by 84.8% in the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 442 shares in the last quarter. Finally, Prosperity Bancshares Inc acquired a new position in shares of American Homes 4 Rent during the fourth quarter valued at about $35,000. 91.87% of the stock is currently owned by institutional investors.

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.