American Homes 4 Rent (NYSE:AMH) received a $26.00 target price from equities researchers at BTIG Research in a research report issued on Tuesday, TipRanks reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. BTIG Research’s price target would indicate a potential upside of 9.61% from the company’s previous close.

Several other research firms have also commented on AMH. Wells Fargo & Co restated a “hold” rating on shares of American Homes 4 Rent in a research note on Thursday, March 14th. Zacks Investment Research lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Monday, April 1st. ValuEngine lowered American Homes 4 Rent from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Finally, Mizuho upgraded American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Tuesday, February 26th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $24.43.

NYSE AMH opened at $23.72 on Tuesday. The firm has a market cap of $7.13 billion, a PE ratio of 22.38, a PEG ratio of 2.18 and a beta of 0.74. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.49. American Homes 4 Rent has a 1-year low of $18.91 and a 1-year high of $24.45.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Thursday, May 2nd. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.21). The firm had revenue of $279.20 million for the quarter, compared to the consensus estimate of $275.90 million. American Homes 4 Rent had a net margin of 10.78% and a return on equity of 1.98%. American Homes 4 Rent’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.24 earnings per share. As a group, analysts forecast that American Homes 4 Rent will post 1.11 EPS for the current fiscal year.

In other American Homes 4 Rent news, insider Bryan Smith sold 4,544 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $22.62, for a total value of $102,785.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David Goldberg sold 69,699 shares of the stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $23.95, for a total value of $1,669,291.05. Following the completion of the sale, the director now owns 72,972 shares of the company’s stock, valued at approximately $1,747,679.40. The disclosure for this sale can be found here. Insiders sold a total of 3,895,912 shares of company stock valued at $91,636,486 in the last quarter. 27.58% of the stock is currently owned by company insiders.

A number of hedge funds have recently modified their holdings of AMH. Altshuler Shaham Ltd increased its stake in American Homes 4 Rent by 47.6% in the 1st quarter. Altshuler Shaham Ltd now owns 1,951 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 629 shares in the last quarter. Quadrant Capital Group LLC increased its stake in American Homes 4 Rent by 130.3% in the 1st quarter. Quadrant Capital Group LLC now owns 3,986 shares of the real estate investment trust’s stock worth $87,000 after buying an additional 2,255 shares in the last quarter. Penserra Capital Management LLC purchased a new stake in American Homes 4 Rent in the 1st quarter worth $102,000. Solstein Capital LLC purchased a new stake in American Homes 4 Rent in the 1st quarter worth $136,000. Finally, Ladenburg Thalmann Financial Services Inc. increased its stake in American Homes 4 Rent by 161.1% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,235 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 3,847 shares in the last quarter. Institutional investors and hedge funds own 88.04% of the company’s stock.

American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, renovating, leasing, and operating attractive, single-family homes as rental properties.

Featured Article: How is the S&P 500 index different from the DJIA?

Analyst Recommendations for American Homes 4 Rent (NYSE:AMH)

Receive News & Ratings for American Homes 4 Rent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Homes 4 Rent and related companies with MarketBeat.com's FREE daily email newsletter.