American Homes 4 Rent (NYSE:AMH) Price Target Cut to $34.00 by Analysts at Barclays

Barclays has lowered its price target for American Homes 4 Rent from $39.00 to $34.00, maintaining an "equal weight" rating. This adjustment suggests a potential upside of 4.21% from the stock's previous close. Other analysts have also adjusted their ratings and price targets for the company, with a mix of "buy," "hold," and "sell" ratings. The stock recently traded up 0.6% to $32.63, with a market cap of $12.11 billion.

American Homes 4 Rent (NYSE:AMH - Get Free Report) had its price objective lowered by analysts at Barclays from $39.00 to $34.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has an "equal weight" rating on the real estate investment trust's stock. Barclays's price target points to a potential upside of 4.21% from the stock's previous close.

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Several other analysts also recently issued reports on AMH. Wall Street Zen downgraded shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a report on Saturday, November 1st. Keefe, Bruyette & Woods cut their target price on shares of American Homes 4 Rent from $40.00 to $37.00 and set a "market perform" rating for the company in a research report on Wednesday, November 5th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of American Homes 4 Rent in a research report on Wednesday, October 8th. Scotiabank dropped their price objective on American Homes 4 Rent from $41.00 to $35.00 and set a "sector perform" rating on the stock in a research note on Monday, November 10th. Finally, Wolfe Research raised American Homes 4 Rent from a "peer perform" rating to an "outperform" rating and set a $38.00 price objective for the company in a research report on Thursday, October 2nd. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $38.21.

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American Homes 4 Rent Stock Up 0.6%

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Shares of NYSE:AMH traded up $0.21 on Tuesday, reaching $32.63. The company had a trading volume of 238,899 shares, compared to its average volume of 2,389,175. The stock has a market capitalization of $12.11 billion, a P/E ratio of 27.65, a P/E/G ratio of 2.88 and a beta of 0.75. The stock has a 50-day moving average price of $32.55 and a 200 day moving average price of $34.81. American Homes 4 Rent has a twelve month low of $31.01 and a twelve month high of $39.49. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.62.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.01. The firm had revenue of $478.46 million during the quarter, compared to analyst estimates of $475.75 million. American Homes 4 Rent had a return on equity of 5.90% and a net margin of 24.70%.The company's revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.44 EPS. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. On average, equities analysts expect that American Homes 4 Rent will post 1.85 EPS for the current year.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Douglas N. Benham acquired 1,000 shares of the stock in a transaction dated Wednesday, November 19th. The shares were acquired at an average cost of $31.65 per share, for a total transaction of $31,650.00. Following the completion of the transaction, the director owned 7,991 shares in the company, valued at approximately $252,915.15. This trade represents a 14.30% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 6.01% of the company's stock.

Institutional Investors Weigh In On American Homes 4 Rent

A number of institutional investors have recently bought and sold shares of AMH. CIBC Private Wealth Group LLC raised its stake in shares of American Homes 4 Rent by 4,356.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,337 shares of the real estate investment trust's stock valued at $44,000 after buying an additional 1,307 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in American Homes 4 Rent in the third quarter valued at about $3,244,000. Wilmington Savings Fund Society FSB increased its stake in American Homes 4 Rent by 10,728.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust's stock valued at $25,000 after acquiring an additional 751 shares during the period. Danske Bank A S acquired a new position in American Homes 4 Rent in the third quarter worth about $9,056,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in American Homes 4 Rent during the third quarter worth about $50,000. Institutional investors and hedge funds own 91.87% of the company's stock.

About American Homes 4 Rent

(Get Free Report)

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.

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