Insider Buying: American Homes 4 Rent (NYSE:AMH) Director Purchases 1,000 Shares

American Homes 4 Rent (NYSE:AMH) Director Jack Corrigan bought 1,000 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were purchased at an average cost of $21.60 per share, with a total value of $21,600.00. Following the transaction, the director directly owned 23,000 shares in the company, valued at approximately $496,800. This trade represents a 4.55% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

American Homes 4 Rent Trading Up 0.5%

Shares of NYSE:AMH traded up $0.15 during trading on Monday, reaching $31.63. The stock had a trading volume of 2,189,574 shares, compared to its average volume of 3,235,597. American Homes 4 Rent has a 52 week low of $27.22 and a 52 week high of $35.07. The firm’s fifty day moving average is $33.62 and its 200 day moving average is $31.84. The stock has a market cap of $11.41 billion, a price-to-earnings ratio of 25.10, a P/E/G ratio of 5.62 and a beta of 0.79. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.59 and a current ratio of 0.59.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The business had revenue of $470.10 million for the quarter, compared to analysts’ expectations of $466.51 million. During the same quarter in the prior year, the firm posted $0.47 earnings per share. The business’s quarterly 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. As a group, equities analysts forecast that American Homes 4 Rent will post 1.91 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Tuesday, September 15th. American Homes 4 Rent’s payout ratio is presently 104.76%.

Institutional Investors Weigh In On American Homes 4 Rent

Hedge funds have recently made changes to their positions in the business. Norges Bank purchased a new stake in American Homes 4 Rent in the 4th quarter worth about $710,672,000. California State Teachers Retirement System boosted its position in American Homes 4 Rent by 3,074.1% during the second quarter. California State Teachers Retirement System now owns 12,414,166 shares of the real estate investment trust’s stock worth $416,123,000 after purchasing an additional 12,023,062 shares during the period. Principal Financial Group Inc. increased its stake in shares of 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 worth $528,736,000 after purchasing an additional 3,126,434 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC raised its holdings 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 valued at $155,690,000 after acquiring an additional 2,477,585 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in American Homes 4 Rent by 83.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,544,892 shares of the real estate investment trust’s stock worth $98,973,000 after purchasing an additional 1,608,934 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on AMH. Royal Bank Of Canada boosted their target price on shares of American Homes 4 Rent from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Monday, August 17th. Keefe, Bruyette & Woods raised their price objective on American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. upped their target price on American Homes 4 Rent from $35.00 to $38.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 19th. Finally, Wells Fargo & Company increased their target price on American Homes 4 Rent from $36.00 to $38.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $36.83.

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.