American Homes 4 Rent (NYSE:AMH) Stock Rating Lowered by Wall Street Zen

American Homes 4 Rent (NYSE:AMH) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Several other brokerages have also recently issued reports on AMH. The Goldman Sachs Group cut American Homes 4 Rent from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $43.00 to $37.00 in a report on Wednesday, September 17th. Mizuho reduced their price target on shares of American Homes 4 Rent from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Tuesday, October 21st. Wolfe Research raised shares of American Homes 4 Rent from a “peer perform” rating to an “outperform” rating and set a $38.00 price target on the stock in a report on Thursday, October 2nd. Evercore ISI reduced 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 report on Friday. Finally, Wells Fargo & Company reduced their price target on shares of American Homes 4 Rent from $39.00 to $38.00 and set an “overweight” rating on the stock in a report on Monday, October 13th. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $39.29.

American Homes 4 Rent Stock Performance

Shares of AMH stock opened at $31.62 on Friday. The stock has a fifty day moving average price of $33.47 and a 200 day moving average price of $35.44. The stock has a market cap of $11.73 billion, a PE ratio of 26.79, a P/E/G ratio of 2.89 and a beta of 0.75. American Homes 4 Rent has a 1 year low of $31.19 and a 1 year high of $39.49. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.41 and a current ratio of 0.41.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.01. The firm had revenue of ($916.78) million during the quarter, compared to analysts’ expectations of $475.75 million. American Homes 4 Rent had a return on equity of 5.90% and a net margin of 24.70%.American Homes 4 Rent’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 earnings per share. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. Sell-side analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

Institutional Investors Weigh In On American Homes 4 Rent

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB raised its stake in American Homes 4 Rent by 10,728.6% during the third 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 during the period. Hantz Financial Services Inc. increased its position in shares of American Homes 4 Rent by 922.2% in the second quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 747 shares in the last quarter. AlphaQuest LLC acquired a new stake in shares of American Homes 4 Rent in the second quarter worth $33,000. Pandora Wealth Inc. acquired a new stake in shares of American Homes 4 Rent in the first quarter worth $38,000. Finally, SVB Wealth LLC acquired a new stake in shares of American Homes 4 Rent in the first quarter worth $42,000. Hedge funds and other institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Company Profile

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.