American Homes 4 Rent (NYSE:AMH) Director Acquires $31,800.60 in Stock

American Homes 4 Rent (NYSE:AMH) Director Jack Corrigan bought 1,359 shares of the stock in a transaction dated Friday, May 15th. The shares were purchased at an average cost of $23.40 per share, for a total transaction of $31,800.60. Following the completion of the transaction, the director directly owned 15,048 shares of the company’s stock, valued at $352,123.20. This trade represents a 9.93% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

American Homes 4 Rent Stock Performance

NYSE AMH opened at $32.18 on Thursday. The company has a market cap of $11.60 billion, a P/E ratio of 26.16, a PEG ratio of 4.17 and a beta of 0.82. The company has a fifty day simple moving average of $29.88 and a 200 day simple moving average of $30.84. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $38.76.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.30. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The firm had revenue of $472.02 million for the quarter, compared to the consensus estimate of $470.62 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The business’s revenue was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Sell-side analysts predict that American Homes 4 Rent will post 1.93 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Monday, June 15th. American Homes 4 Rent’s dividend payout ratio is currently 107.32%.

Analyst Ratings Changes

A number of research firms have issued reports on AMH. Wall Street Zen upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group dropped their target price on American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating on the stock in a report on Tuesday. Mizuho dropped their target price on American Homes 4 Rent from $32.00 to $29.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. Royal Bank Of Canada lifted their target price on American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Wednesday, January 21st. Nine analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $34.94.

Institutional Investors Weigh In On American Homes 4 Rent

Institutional investors have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB increased 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 valued at $25,000 after buying an additional 751 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of 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 worth $26,000 after buying an additional 441 shares during the last quarter. True Wealth Design LLC grew 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 acquiring an additional 577 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of American Homes 4 Rent by 84.8% in the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 442 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in shares of American Homes 4 Rent by 70.3% during the first quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 483 shares during the last quarter. 91.87% of the stock is owned by institutional investors.

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.