American Homes 4 Rent (NYSE:AMH – Get Free Report)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $28.64 and last traded at $28.6660, with a volume of 500699 shares traded. The stock had previously closed at $29.52.
Analyst Ratings Changes
Several research firms have weighed in on AMH. Raymond James Financial reiterated a “market perform” rating on shares of American Homes 4 Rent in a research report on Friday, February 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a report on Wednesday, January 21st. Citizens Jmp cut their price objective on shares of American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating for the company in a research report on Monday, February 23rd. Wall Street Zen lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Sunday, January 18th. Finally, Scotiabank dropped their target price on shares of American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating for the company in a research report on Wednesday, March 4th. Seven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $35.72.
Get Our Latest Research Report on American Homes 4 Rent
American Homes 4 Rent Stock Performance
American Homes 4 Rent (NYSE:AMH – Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.14). The company had revenue of $402.93 million for the quarter, compared to analyst estimates of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the company posted $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current year.
American Homes 4 Rent Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a dividend of $0.33 per share. The ex-dividend date is Friday, March 13th. This represents a $1.32 annualized dividend and a yield of 4.6%. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. American Homes 4 Rent’s dividend payout ratio is 111.86%.
Insider Buying and Selling
In related news, Director Douglas N. Benham acquired 1,200 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was acquired at an average price of $24.20 per share, for a total transaction of $29,040.00. Following the completion of the acquisition, the director owned 44,717 shares of the company’s stock, valued at approximately $1,082,151.40. This represents a 2.76% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director David Goldberg purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the transaction, the director directly owned 36,723 shares in the company, valued at approximately $1,075,983.90. The trade was a 5.76% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 6,771 shares of company stock worth $183,684 over the last three months. Insiders own 6.01% of the company’s stock.
Institutional Investors Weigh In On American Homes 4 Rent
Institutional investors have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC raised its position in shares of American Homes 4 Rent by 3.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust’s stock valued at $347,000 after purchasing an additional 321 shares during the period. AE Wealth Management LLC boosted its holdings in American Homes 4 Rent by 7.3% in the 3rd quarter. AE Wealth Management LLC now owns 6,149 shares of the real estate investment trust’s stock worth $204,000 after buying an additional 418 shares during the period. Assetmark Inc. boosted its holdings in American Homes 4 Rent by 21.6% in the 3rd quarter. Assetmark Inc. now owns 2,360 shares of the real estate investment trust’s stock worth $78,000 after buying an additional 420 shares during the period. IFP Advisors Inc grew 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 valued at $26,000 after buying an additional 441 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of American Homes 4 Rent by 84.8% during the 3rd 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 during the period. 91.87% of the stock is owned by hedge funds and other institutional investors.
American Homes 4 Rent Company Profile
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.
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