American Homes 4 Rent (NYSE:AMH) Price Target Cut to $35.00 by Analysts at Barclays

American Homes 4 Rent (NYSE:AMH) had its target price cut by investment analysts at Barclays from $36.00 to $35.00 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price target suggests a potential upside of 14.16% from the stock’s current price.

Several other research analysts have also recently commented on AMH. Jefferies Financial Group upgraded shares of American Homes 4 Rent to a “strong-buy” rating in a report on Wednesday, July 22nd. Keefe, Bruyette & Woods boosted their price target on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Citigroup restated a “market outperform” rating on shares of American Homes 4 Rent in a research report on Wednesday, August 5th. Royal Bank Of Canada decreased their price objective on shares of American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, BMO Capital Markets upgraded shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price objective on the stock in a research report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $36.35.

American Homes 4 Rent Stock Up 0.1%

Shares of American Homes 4 Rent stock opened at $30.66 on Wednesday. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $35.07. The firm has a market capitalization of $11.06 billion, a PE ratio of 24.30, a price-to-earnings-growth ratio of 5.81 and a beta of 0.77. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.69. The stock’s fifty day moving average is $32.36 and its 200-day moving average is $32.12.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. The business had revenue of $470.10 million during the quarter, compared to analyst estimates of $466.51 million. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%. American Homes 4 Rent’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter last year, the company posted $0.47 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Equities analysts anticipate that American Homes 4 Rent will post 1.91 earnings per share for the current year.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack Corrigan purchased 8,000 shares of American Homes 4 Rent stock in a transaction dated Friday, September 11th. The stock was acquired at an average cost of $21.49 per share, with a total value of $171,920.00. Following the completion of the transaction, the director directly owned 25,000 shares of the company’s stock, valued at $537,250. This trade represents a 47.06% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders bought 15,000 shares of company stock valued at $328,040. 5.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bessemer Group Inc. lifted its position in American Homes 4 Rent by 70.3% in the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 483 shares in the last quarter. Root Financial Partners LLC boosted its stake in shares of American Homes 4 Rent by 7,231.6% during the 1st quarter. Root Financial Partners LLC now owns 1,393 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 1,374 shares during the period. Elevation Wealth Partners LLC grew its holdings in shares of American Homes 4 Rent by 199.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,441 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 959 shares in the last quarter. SJS Investment Consulting Inc. grew its holdings in shares of American Homes 4 Rent by 393.3% during the 1st quarter. SJS Investment Consulting Inc. now owns 2,131 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 1,699 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of American Homes 4 Rent by 70.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,941 shares of the real estate investment trust’s stock valued at $94,000 after acquiring an additional 1,213 shares in the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

About American Homes 4 Rent

American Homes 4 Rent (NYSE:AMH) is a real estate investment trust that owns, develops, acquires, leases and manages single-family rental homes in the United States. The company provides professionally managed rental housing, offering residents detached homes with features such as multiple bedrooms, private outdoor space and access to online leasing and maintenance services.

Founded in 2012, American Homes 4 Rent has built a portfolio through home acquisitions and the development of purpose-built rental communities.