In a report released today, James Feldman from Wells Fargo maintained a Hold rating on American Homes (AMH – Research Report), with a price target of $36.00. The company’s shares closed last Friday at $34.90.
According to TipRanks, Feldman is a 2-star analyst with an average return of -0.1% and a 55.77% success rate. Feldman covers the Real Estate sector, focusing on stocks such as Equity Lifestyle, AvalonBay, and Equity Residential.
In addition to Wells Fargo, American Homes also received a Hold from Oppenheimer’s Tyler Batory in a report issued on November 3. However, on November 6, JMP Securities reiterated a Buy rating on American Homes (NYSE: AMH).
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AMH market cap is currently $12.64B and has a P/E ratio of 33.41.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is neutral on the stock. Most recently, in September 2023, Smith Bryan, the COO of AMH sold 8,107.00 shares for a total of $294,932.66.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
American Homes (AMH) Company Description:
American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating single-family home as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Agoura Hills, CA.
Read More on AMH:
- American Homes 4 Rent sees FY23 core FFO $1.64-$1.66 vs. previous $1.62-$1.66
- American Homes 4 Rent reports Q3 core FFO 41c, consensus 41c
- AMH Reports Third Quarter 2023 Financial and Operating Results
- AMH Announces Distributions
- American Homes 4 Rent price target lowered to $36 from $38 at Evercore ISI
