Insider Buying: American Homes 4 Rent (NYSE:AMH) Director Acquires $171,920.00 in Stock

American Homes 4 Rent (NYSE:AMH) Director Jack Corrigan acquired 8,000 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The stock was bought at an average price of $21.49 per share, with a total value of $171,920.00. Following the transaction, the director directly owned 25,000 shares in the company, valued at $537,250. The trade was a 47.06% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

American Homes 4 Rent Stock Down 0.7%

NYSE AMH opened at $31.40 on Thursday. 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 has a 52 week low of $27.22 and a 52 week high of $35.07. The stock has a market capitalization of $11.32 billion, a P/E ratio of 24.92, a price-to-earnings-growth ratio of 5.64 and a beta of 0.79. The stock has a fifty day moving average of $33.49 and a 200-day moving average of $31.87.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.13. The firm 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%.The company’s revenue was up 2.8% on a year-over-year basis. During the same period last year, the company earned $0.47 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, equities research analysts forecast that American Homes 4 Rent will post 1.91 EPS for the current year.

American Homes 4 Rent Announces Dividend

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

Institutional Trading of American Homes 4 Rent

Large investors have recently made changes to their positions in the company. Sequoia Financial Advisors LLC acquired a new stake in American Homes 4 Rent during the 2nd quarter worth $380,000. NewEdge Advisors LLC bought a new stake in shares of American Homes 4 Rent in the second quarter worth about $339,000. IFP Advisors Inc increased its holdings in shares of American Homes 4 Rent by 233.6% in the second quarter. IFP Advisors Inc now owns 5,608 shares of the real estate investment trust’s stock worth $188,000 after acquiring an additional 3,927 shares in the last quarter. Squarepoint Ops LLC raised its position in shares of American Homes 4 Rent by 69.4% during the second quarter. Squarepoint Ops LLC now owns 308,015 shares of the real estate investment trust’s stock worth $10,325,000 after purchasing an additional 126,188 shares during the period. Finally, Allworth Financial LP lifted its holdings in shares of American Homes 4 Rent by 35.7% during the 2nd quarter. Allworth Financial LP now owns 32,101 shares of the real estate investment trust’s stock valued at $1,076,000 after purchasing an additional 8,448 shares in the last quarter. Institutional investors own 91.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AMH. Mizuho raised their price objective on shares of American Homes 4 Rent from $29.00 to $35.00 and gave the company a “neutral” rating in a research note on Wednesday, June 17th. BMO Capital Markets upgraded shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 target price for the company in a research report on Friday, June 26th. Deutsche Bank Aktiengesellschaft set a $39.00 price target on American Homes 4 Rent in a research report on Friday, June 26th. Wells Fargo & Company increased their target price on American Homes 4 Rent from $36.00 to $38.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Finally, Morgan Stanley lowered 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. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.