American Homes 4 Rent (NYSE:AMH) Short Interest Down 27.8% in February

American Homes 4 Rent (NYSE:AMH) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 7,712,209 shares, a decrease of 27.8% from the January 29th total of 10,682,266 shares. Approximately 2.2% of the shares of the company are sold short. Based on an average daily trading volume, of 3,839,927 shares, the short-interest ratio is currently 2.0 days. Based on an average daily trading volume, of 3,839,927 shares, the short-interest ratio is currently 2.0 days. Approximately 2.2% of the shares of the company are sold short.

American Homes 4 Rent Trading Up 0.4%

NYSE:AMH traded up $0.11 on Tuesday, reaching $29.87. The stock had a trading volume of 2,996,535 shares, compared to its average volume of 5,105,179. American Homes 4 Rent has a 12-month low of $28.84 and a 12-month high of $39.49. The company has a market cap of $10.87 billion, a price-to-earnings ratio of 25.31, a P/E/G ratio of 4.25 and a beta of 0.80. The firm’s fifty day moving average is $31.26 and its two-hundred day moving average is $32.27. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data 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 firm had revenue of $402.93 million during the quarter, compared to analyst estimates of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities analysts expect that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 4.4%. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, March 13th. American Homes 4 Rent’s payout ratio is 101.69%.

Insider Activity

In other American Homes 4 Rent news, Director Jack E. Corrigan acquired 5,000 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was purchased at an average price of $22.96 per share, for a total transaction of $114,800.00. Following the completion of the transaction, the director owned 17,300 shares of the company’s stock, valued at $397,208. The trade was a 40.65% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Goldberg bought 2,000 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were bought at an average price of $29.17 per share, for a total transaction of $58,340.00. Following the completion of the transaction, the director directly owned 34,723 shares in the company, valued at approximately $1,012,869.91. This represents a 6.11% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 8,571 shares of company stock valued at $210,844 in the last three months. 6.01% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On American Homes 4 Rent

Institutional investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB boosted 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 buying an additional 751 shares during the last quarter. IFP Advisors Inc boosted its position in shares of 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 acquiring an additional 441 shares during the last quarter. True Wealth Design LLC boosted its position in shares of 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 worth $27,000 after acquiring an additional 577 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in 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 valued at $30,000 after purchasing an additional 747 shares during the period. Finally, Parallel Advisors LLC increased its position in American Homes 4 Rent by 84.8% during the third 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 during the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on AMH shares. Barclays decreased their target price on American Homes 4 Rent from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 13th. BMO Capital Markets reaffirmed a “market perform” rating and set a $37.00 price target on shares of American Homes 4 Rent in a research note on Friday, January 9th. Morgan Stanley lowered their price objective on shares of 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. Citigroup cut their target price on shares of American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a research report on Monday. Finally, Citizens Jmp reduced their price target on shares of American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating on the stock in a report on Monday, February 23rd. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, American Homes 4 Rent currently has a consensus rating of “Hold” and a consensus price target of $36.22.

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.