Mizuho Lowers American Homes 4 Rent (NYSE:AMH) Price Target to $29.00

American Homes 4 Rent (NYSE:AMH) had its target price lowered by research analysts at Mizuho from $32.00 to $29.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s price objective would indicate a potential upside of 1.62% from the company’s current price.

AMH has been the subject of a number of other reports. Scotiabank cut their target price on American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating for the company in a research note on Wednesday, March 4th. 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. Barclays dropped their price objective on shares of American Homes 4 Rent from $33.00 to $31.00 and set an “equal weight” rating for the company in a research note on Friday, March 6th. Morgan Stanley decreased their target price on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating on the stock in a research report on Monday. Finally, Citizens Jmp dropped their price target 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. Seven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, American Homes 4 Rent presently has a consensus rating of “Hold” and an average price target of $35.53.

American Homes 4 Rent Stock Performance

Shares of NYSE:AMH traded down $0.08 on Friday, hitting $28.54. 681,943 shares of the company were exchanged, compared to its average volume of 4,758,758. The company’s 50 day moving average price is $30.91 and its two-hundred day moving average price is $32.04. The firm has a market capitalization of $10.38 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 4.14 and a beta of 0.80. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.63 and a current ratio of 0.63. American Homes 4 Rent has a one year low of $28.21 and a one year high of $39.49.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.14). American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The company had revenue of $402.93 million during the quarter, compared to the consensus estimate of $459.24 million. During the same quarter in the previous year, the business posted $0.45 EPS. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Research analysts expect that American Homes 4 Rent will post 1.85 earnings per share for the current year.

Insider Transactions at American Homes 4 Rent

In other news, Director Douglas N. Benham purchased 1,200 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was purchased at an average cost of $24.20 per share, with a total value of $29,040.00. Following the acquisition, the director directly owned 44,717 shares of the company’s stock, valued at approximately $1,082,151.40. This trade represents a 2.76% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David Goldberg purchased 2,000 shares of American Homes 4 Rent stock in a transaction on Tuesday, March 3rd. The stock was purchased at an average price of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the transaction, the director owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. This represents a 5.76% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 6,771 shares of company stock valued at $183,684 in the last quarter. 6.32% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On American Homes 4 Rent

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB boosted its stake in American Homes 4 Rent by 10,728.6% in 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 in the last quarter. IFP Advisors Inc raised its holdings 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 valued at $26,000 after buying an additional 441 shares during the last quarter. True Wealth Design LLC raised its holdings 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 valued at $27,000 after buying an additional 577 shares during the last quarter. Parallel Advisors LLC lifted its position in 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 worth $32,000 after buying an additional 442 shares in the last quarter. Finally, Prosperity Bancshares Inc bought a new stake in American Homes 4 Rent during the 4th quarter worth about $35,000. 91.87% of the stock is owned by institutional investors and hedge funds.

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.