American Homes 4 Rent (NYSE:AMH) Upgraded at Mizuho

Mizuho upgraded shares of American Homes 4 Rent (NYSE:AMH) from a neutral rating to an outperform rating in a report released on Monday, MarketBeat Ratings reports. The brokerage currently has $36.00 price objective on the real estate investment trust’s stock, up from their previous price objective of $35.00.

A number of other analysts also recently weighed in on AMH. Keefe, Bruyette & Woods increased their price objective on American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Morgan Stanley decreased their price target on American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating for the company in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft set a $39.00 price objective on American Homes 4 Rent in a research report on Friday, June 26th. Weiss Ratings reissued a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Monday, August 17th. Finally, Citigroup restated a “market outperform” rating on shares of American Homes 4 Rent in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.78.

American Homes 4 Rent Trading Down 1.1%

Shares of American Homes 4 Rent stock opened at $30.93 on Monday. The firm’s 50 day moving average is $33.26 and its 200 day moving average is $31.91. The firm has a market capitalization of $11.15 billion, a PE ratio of 24.55, a price-to-earnings-growth ratio of 5.58 and a beta of 0.79. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.69. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $35.07.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.13. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%.The company had revenue of $470.10 million during the quarter, compared to the consensus estimate of $466.51 million. During the same quarter in the prior year, the firm posted $0.47 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 1.930-1.970 EPS. Equities research analysts forecast that American Homes 4 Rent will post 1.91 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.32 annualized dividend and a dividend yield of 4.3%. American Homes 4 Rent’s dividend payout ratio (DPR) is 104.76%.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack Corrigan bought 8,000 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were bought at an average price of $21.49 per share, for a total transaction of $171,920.00. Following the transaction, the director directly owned 25,000 shares of the company’s stock, valued at approximately $537,250. The trade was a 47.06% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have acquired 15,000 shares of company stock valued at $328,040. Insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

Large investors have recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of American Homes 4 Rent during the fourth quarter valued at about $710,672,000. Principal Financial Group Inc. grew its stake in shares of American Homes 4 Rent by 19.8% in the 1st 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 period. Geode Capital Management LLC increased its position in American Homes 4 Rent by 2.2% in the 4th 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 in the last quarter. Centersquare Investment Management LLC increased its position in American Homes 4 Rent by 16.4% in the 4th quarter. Centersquare Investment Management LLC now owns 6,135,358 shares of the real estate investment trust’s stock valued at $196,945,000 after buying an additional 864,078 shares in the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC raised its stake in American Homes 4 Rent by 104.4% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,850,171 shares of the real estate investment trust’s stock worth $155,690,000 after buying an additional 2,477,585 shares during the period. 91.87% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE:AMH) is a real estate investment trust focused on owning, developing and operating single-family rental homes. The company leases homes to residents and manages the properties through a combination of in-house operations and technology-enabled services.

AMH’s activities include acquiring and developing homes, renovating properties, providing leasing and resident services, and maintaining its rental portfolio. Its homes are generally located in planned communities and other suburban markets designed to appeal to households seeking single-family living without homeownership.

Founded in 2012, American Homes 4 Rent serves communities across several U.S.