American Homes 4 Rent (NYSE:AMH) Announces Quarterly Earnings Results

American Homes 4 Rent (NYSE:AMH) issued its quarterly earnings data on Thursday. The real estate investment trust reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.30, Zacks reports. The business had revenue of $436.59 million for the quarter, compared to analysts’ expectations of $442.02 million. American Homes 4 Rent had a return on equity of 4.76% and a net margin of 21.51%. American Homes 4 Rent updated its FY 2025 guidance to 1.800-1.860 EPS.

American Homes 4 Rent Stock Down 1.7 %

AMH stock opened at $35.11 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $12.97 billion, a PE ratio of 36.58, a PEG ratio of 3.57 and a beta of 0.78. American Homes 4 Rent has a twelve month low of $34.01 and a twelve month high of $41.41. The stock has a 50-day simple moving average of $35.73 and a two-hundred day simple moving average of $37.37.

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.26. American Homes 4 Rent’s payout ratio is presently 108.33%.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham purchased 3,286 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was purchased at an average price of $24.49 per share, for a total transaction of $80,474.14. Following the transaction, the director now owns 41,946 shares in the company, valued at $1,027,257.54. The trade was a 8.50 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Bryan Smith sold 40,000 shares of American Homes 4 Rent stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $37.80, for a total value of $1,512,000.00. Following the sale, the chief operating officer now owns 125,580 shares of the company’s stock, valued at approximately $4,746,924. This trade represents a 24.16 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on AMH shares. Evercore ISI upgraded American Homes 4 Rent from an “in-line” rating to an “outperform” rating and lifted their target price for the stock from $41.00 to $42.00 in a research note on Monday, November 11th. Keefe, Bruyette & Woods lowered their target price on American Homes 4 Rent from $39.00 to $38.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft cut American Homes 4 Rent from a “buy” rating to a “hold” rating and lowered their target price for the stock from $40.00 to $37.00 in a research note on Tuesday, January 21st. JMP Securities reiterated a “market outperform” rating and set a $41.00 target price on shares of American Homes 4 Rent in a research note on Tuesday, January 14th. Finally, Barclays lowered their target price on American Homes 4 Rent from $39.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, American Homes 4 Rent has an average rating of “Moderate Buy” and an average target price of $40.67.

American Homes 4 Rent Company Profile

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.