Royal Bank Of Canada Issues Positive Forecast for American Homes 4 Rent (NYSE:AMH) Stock Price

by · The Cerbat Gem

American Homes 4 Rent (NYSE:AMH – Free Report) had its price objective increased by Royal Bank Of Canada from $35.00 to $36.00 in a research note published on Friday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the real estate investment trust’s stock.

A number of other analysts have also weighed in on the stock. Jefferies Financial Group upgraded shares of American Homes 4 Rent to a “strong-buy” rating in a research note on Wednesday, July 22nd. Barclays decreased their price target on shares of American Homes 4 Rent from $36.00 to $35.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 14th. Scotiabank lowered their price target on shares of American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, September 17th. Keefe, Bruyette & Woods increased their price objective on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Citigroup restated a “market outperform” rating on shares of American Homes 4 Rent in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, American Homes 4 Rent has an average rating of “Moderate Buy” and a consensus price target of $36.53.

Check Out Our Latest Stock Analysis on American Homes 4 Rent

American Homes 4 Rent Stock Down 0.8%

NYSE:AMH traded down $0.25 during midday trading on Friday, reaching $32.84. The company had a trading volume of 3,044,275 shares, compared to its average volume of 2,552,079. 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 $11.84 billion, a price-to-earnings ratio of 26.92, a PEG ratio of 4.86 and a beta of 0.76. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.69. The stock’s fifty day simple moving average is $31.47 and its 200-day simple moving average is $31.63.

American Homes 4 Rent (NYSE:AMH – Get Free Report) 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. The company had revenue of $498.07 million for the quarter, compared to the consensus estimate of $488.73 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 was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.47 EPS. On average, sell-side analysts anticipate 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 was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Tuesday, September 15th. American Homes 4 Rent’s payout ratio is currently 104.76%.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack Corrigan bought 8,000 shares of the stock in a transaction dated 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 acquisition, the director owned 25,000 shares in the company, valued at approximately $537,250. This represents a 47.06% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders have purchased 15,000 shares of company stock worth $328,040. 5.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Readystate Asset Management LP acquired a new stake in American Homes 4 Rent during the 2nd quarter worth $1,936,000. Public Employees Retirement System of Ohio acquired a new position in American Homes 4 Rent in the second quarter valued at $16,697,000. Bank of America Corp DE boosted its stake in American Homes 4 Rent by 69.0% in the first quarter. Bank of America Corp DE now owns 1,609,254 shares of the real estate investment trust’s stock valued at $44,930,000 after acquiring an additional 656,937 shares in the last quarter. Hsbc Holdings PLC boosted its stake in American Homes 4 Rent by 10.7% in the second quarter. Hsbc Holdings PLC now owns 830,070 shares of the real estate investment trust’s stock valued at $27,881,000 after acquiring an additional 80,256 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of American Homes 4 Rent by 11.1% during the first quarter. First Trust Advisors LP now owns 1,313,880 shares of the real estate investment trust’s stock worth $36,684,000 after purchasing an additional 131,373 shares during the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

More American Homes 4 Rent News

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

(Get Free Report)

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.

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