American Homes 4 Rent (NYSE:AMH) Posts Quarterly Earnings Results, Beats Expectations By $0.30 EPS

American Homes 4 Rent (NYSE:AMH - Get Free Report) posted its quarterly earnings results on Thursday. The real estate investment trust reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.30, Zacks reports. 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 Performance

American Homes 4 Rent stock traded up $0.34 during trading on Thursday, reaching $35.65. The company had a trading volume of 1,770,700 shares, compared to its average volume of 2,207,340. American Homes 4 Rent has a 52 week low of $34.01 and a 52 week high of $41.41. The firm's 50-day simple moving average is $35.82 and its 200 day simple moving average is $37.40. The firm has a market capitalization of $13.17 billion, a price-to-earnings ratio of 37.14, a price-to-earnings-growth ratio of 3.47 and a beta of 0.78. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.59.

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.30 dividend. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.26. This represents a $1.20 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Friday, March 14th. American Homes 4 Rent's dividend payout ratio (DPR) is currently 108.33%.

Insider Buying and Selling

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

Analyst Ratings Changes

Several equities analysts recently issued reports on AMH shares. Barclays lowered their price objective on American Homes 4 Rent from $39.00 to $37.00 and set an "equal weight" rating on the stock in a research report on Friday, January 24th. Morgan Stanley raised American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $39.00 to $40.00 in a research report on Friday, January 24th. Keefe, Bruyette & Woods lowered their price objective on American Homes 4 Rent from $39.00 to $38.00 and set a "market perform" rating on the stock in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft cut American Homes 4 Rent from a "buy" rating to a "hold" rating and lowered their price objective for the company from $40.00 to $37.00 in a research report on Tuesday, January 21st. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $41.00 price objective on shares of American Homes 4 Rent in a research report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target 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.

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