American Homes 4 Rent (NYSE:AMH) Price Target Raised to $35.00 at Mizuho

American Homes 4 Rent (NYSE:AMH) had its price target increased by equities research analysts at Mizuho from $29.00 to $35.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s target price suggests a potential upside of 8.98% from the company’s previous close.

Other research analysts have also issued reports about the company. Wall Street Zen raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. UBS Group cut their price objective on American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. Compass Point began coverage on American Homes 4 Rent in a research report on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price objective on the stock. Wells Fargo & Company raised their price objective on American Homes 4 Rent from $34.00 to $36.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, Weiss Ratings raised American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Nine 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, the stock presently has a consensus rating of “Hold” and an average price target of $35.53.

American Homes 4 Rent Trading Down 1.0%

Shares of AMH traded down $0.32 during trading hours on Wednesday, hitting $32.12. The stock had a trading volume of 528,418 shares, compared to its average volume of 3,767,679. The company’s fifty day simple moving average is $31.52 and its 200 day simple moving average is $30.92. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $37.06. The firm has a market cap of $11.58 billion, a P/E ratio of 26.10, a P/E/G ratio of 4.40 and a beta of 0.81.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating the consensus estimate of $0.18 by $0.30. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The company had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. During the same period last year, the company posted $0.46 earnings per share. The firm’s revenue was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities research analysts forecast that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan bought 2,041 shares of the stock in a transaction dated Monday, May 18th. The stock was bought at an average cost of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the purchase, the director directly owned 17,000 shares of the company’s stock, valued at approximately $400,010. The trade was a 13.64% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders bought 5,000 shares of company stock worth $117,024 in the last three months. 5.70% of the stock is owned by company insiders.

Institutional Trading of American Homes 4 Rent

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in American Homes 4 Rent by 0.6% in the third quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock valued at $1,486,798,000 after buying an additional 246,713 shares during the last quarter. Norges Bank bought a new stake in American Homes 4 Rent in the fourth quarter valued at about $710,672,000. Principal Financial Group Inc. increased its holdings in American Homes 4 Rent by 19.8% in the first quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust’s stock valued at $528,736,000 after buying an additional 3,126,434 shares during the last quarter. State Street Corp increased its holdings in American Homes 4 Rent by 2.2% in the third quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock valued at $612,605,000 after buying an additional 399,894 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in American Homes 4 Rent by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 7,355,760 shares of the real estate investment trust’s stock valued at $235,572,000 after buying an additional 161,676 shares during the last quarter. 91.87% of the stock is owned by 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.