American Homes 4 Rent (NYSE:AMH) Stock Rating Raised to Neutral at Zelman & Associates

Zelman & Associates upgraded shares of American Homes 4 Rent (NYSE:AMH) from an underperform rating to a neutral rating in a research report sent to investors on Friday,Benzinga reports.

A number of other analysts have also recently commented on AMH. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Monday, August 17th. Barclays dropped their price target on American Homes 4 Rent from $36.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 14th. Royal Bank Of Canada cut their price objective on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating on the stock in a report on Tuesday, October 13th. JPMorgan Chase & Co. raised their price objective on American Homes 4 Rent from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 19th. Finally, Wells Fargo & Company decreased their target price on American Homes 4 Rent from $38.00 to $34.00 and set an “overweight” rating for the company in a report on Monday, October 19th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, American Homes 4 Rent presently has a consensus rating of “Moderate Buy” and an average target price of $36.53.

American Homes 4 Rent Stock Down 0.8%

American Homes 4 Rent stock traded down $0.25 during midday trading on Friday, reaching $32.84. The company’s stock had a trading volume of 3,044,275 shares, compared to its average volume of 2,552,079. The stock’s 50-day simple moving average is $31.47 and its 200-day simple moving average is $31.63. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.59 and a quick ratio of 0.59. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $35.07. The stock has a market capitalization of $11.84 billion, a P/E ratio of 26.92, a PEG ratio of 4.86 and a beta of 0.76.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Wednesday, November 4th. The real estate investment trust reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.32. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%. The business had revenue of $498.07 million during the quarter, compared to the consensus estimate of $488.73 million. During the same quarter last year, the company earned $0.47 earnings per share. The company’s quarterly revenue was up 4.1% on a year-over-year basis. On average, sell-side analysts expect that American Homes 4 Rent will post 1.91 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, September 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 104.76%.

Insiders Place Their Bets

In related news, Director Jack Corrigan acquired 8,000 shares of American Homes 4 Rent stock in a transaction on Friday, September 11th. The stock was acquired at an average price of $21.49 per share, for a total transaction of $171,920.00. Following the purchase, the director owned 25,000 shares of the company’s stock, valued at approximately $537,250. This represents a 47.06% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders bought 15,000 shares of company stock worth $328,040. 5.70% of the stock is currently owned by company insiders.

Institutional Trading of American Homes 4 Rent

A number of hedge funds have recently modified their holdings of the stock. Readystate Asset Management LP purchased a new stake in American Homes 4 Rent in the 2nd quarter worth approximately $1,936,000. Public Employees Retirement System of Ohio acquired a new stake in shares of American Homes 4 Rent during the 2nd quarter worth approximately $16,697,000. Bank of America Corp DE grew its stake in shares of American Homes 4 Rent by 69.0% during the 1st quarter. Bank of America Corp DE now owns 1,609,254 shares of the real estate investment trust’s stock worth $44,930,000 after purchasing an additional 656,937 shares during the period. Hsbc Holdings PLC increased its holdings in shares of American Homes 4 Rent by 10.7% during the 2nd quarter. Hsbc Holdings PLC now owns 830,070 shares of the real estate investment trust’s stock valued at $27,881,000 after purchasing an additional 80,256 shares in the last quarter. Finally, Squarepoint Ops LLC increased its holdings in shares of American Homes 4 Rent by 69.4% during the 2nd quarter. Squarepoint Ops LLC now owns 308,015 shares of the real estate investment trust’s stock valued at $10,325,000 after purchasing an additional 126,188 shares in the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent News Summary

Here are the key news stories impacting American Homes 4 Rent this week:

• Positive Sentiment: Royal Bank of Canada raised its price target to $36 from $35 and maintained an “outperform” rating, implying about 9.6% upside from the cited $32.84 share price. Royal Bank of Canada rating information
• Positive Sentiment: Third-quarter FFO was $0.50 per share, topping the $0.49 consensus estimate and rising from $0.47 a year earlier. AMH Q3 FFO and revenue results
• Positive Sentiment: Management sees 2026 core FFO of $1.97 per share and expects property-tax growth in the mid-1% range, offering investors a view of the company’s outlook. 2026 core FFO outlook
• Neutral Sentiment: Zelman & Associates upgraded AMH from “underperform” to “neutral,” easing its negative stance but stopping short of a bullish recommendation. Zelman & Associates rating information

About American Homes 4 Rent

American Homes 4 Rent (NYSE:AMH) is a real estate investment trust that owns, operates and develops single-family rental homes in the United States. The company provides professionally managed rental housing to individuals and families, with properties generally located in suburban communities and designed for long-term occupancy.

The company’s activities include acquiring, constructing, renovating, leasing and maintaining single-family homes. Its portfolio includes detached houses with features such as private yards, garages and modern appliances.