American Homes 4 Rent (NYSE:AMH) Price Target Lowered to $31.00 at Barclays

American Homes 4 Rent (NYSE:AMH) had its price target reduced by Barclays from $33.00 to $31.00 in a research note issued to investors on Friday,Benzinga reports. They currently have an equal weight rating on the real estate investment trust’s stock.

AMH has been the topic of a number of other research reports. Wells Fargo & Company reduced their price target on American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating on the stock in a report on Thursday. Wall Street Zen lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Sunday, January 18th. BMO Capital Markets reissued a “market perform” rating and set a $37.00 target price on shares of American Homes 4 Rent in a research note on Friday, January 9th. Morgan Stanley decreased their target price on American Homes 4 Rent from $41.00 to $40.00 and set an “overweight” rating for the company in a report on Thursday, November 13th. Finally, UBS Group dropped their price target on American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Seven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, American Homes 4 Rent has a consensus rating of “Hold” and an average target price of $35.78.

American Homes 4 Rent Trading Down 0.2%

AMH traded down $0.05 during trading on Friday, hitting $29.94. 4,349,539 shares of the stock traded hands, compared to its average volume of 5,020,931. The firm has a market capitalization of $10.89 billion, a P/E ratio of 25.37, a price-to-earnings-growth ratio of 4.29 and a beta of 0.80. American Homes 4 Rent has a 12-month low of $28.84 and a 12-month high of $39.49. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a 50-day moving average of $31.15 and a 200 day moving average of $32.21.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) 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 analysts’ expectations of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. American Homes 4 Rent’s revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities research analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

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

Insiders Place Their Bets

In other news, Director Jack E. Corrigan bought 5,000 shares of American Homes 4 Rent stock in a transaction on Tuesday, December 9th. The shares were purchased at an average price of $22.96 per share, for a total transaction of $114,800.00. Following the acquisition, the director owned 17,300 shares of the company’s stock, valued at approximately $397,208. The trade was a 40.65% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Douglas N. Benham bought 1,571 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was purchased at an average cost of $24.00 per share, with a total value of $37,704.00. Following the transaction, the director directly owned 43,517 shares in the company, valued at approximately $1,044,408. This represents a 3.75% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have bought 9,771 shares of company stock worth $239,884. Company insiders own 6.32% of the company’s stock.

Hedge Funds Weigh In On American Homes 4 Rent

Institutional investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC lifted its position in American Homes 4 Rent by 24.2% during the fourth quarter. Hsbc Holdings PLC now owns 715,469 shares of the real estate investment trust’s stock valued at $22,969,000 after buying an additional 139,563 shares during the period. Tobam purchased a new stake in shares of American Homes 4 Rent in the 4th quarter worth about $656,000. Kera Capital Partners Inc. bought a new position in shares of American Homes 4 Rent in the 4th quarter worth about $527,000. Invesco Ltd. increased its stake in shares of American Homes 4 Rent by 30.1% in the 4th quarter. Invesco Ltd. now owns 6,161,646 shares of the real estate investment trust’s stock worth $197,789,000 after acquiring an additional 1,425,912 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its position in American Homes 4 Rent by 162.5% during the 4th quarter. Corient Private Wealth LLC now owns 44,196 shares of the real estate investment trust’s stock valued at $1,419,000 after acquiring an additional 27,359 shares during the period. 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.