American Homes 4 Rent (NYSE:AMH) Given Consensus Recommendation of “Moderate Buy” by Analysts

American Homes 4 Rent (NYSE:AMHGet Rating) has been given a consensus rating of “Moderate Buy” by the sixteen analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $42.07.

Several equities research analysts recently commented on the stock. Morgan Stanley boosted their price objective on shares of American Homes 4 Rent from $37.50 to $39.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 25th. Mizuho dropped their price objective on shares of American Homes 4 Rent from $44.00 to $42.00 and set a “buy” rating on the stock in a research note on Wednesday, July 6th. Credit Suisse Group dropped their price objective on shares of American Homes 4 Rent from $44.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, June 23rd. StockNews.com lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Friday, September 2nd. Finally, Oppenheimer assumed coverage on shares of American Homes 4 Rent in a research note on Monday, July 18th. They set a “market perform” rating and a $35.00 price objective on the stock.

American Homes 4 Rent Price Performance

Shares of NYSE AMH opened at $33.94 on Thursday. American Homes 4 Rent has a 1 year low of $32.60 and a 1 year high of $44.07. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.52 and a quick ratio of 0.52. The company’s 50-day moving average is $36.57 and its 200 day moving average is $37.44. The stock has a market capitalization of $11.82 billion, a P/E ratio of 59.54, a P/E/G ratio of 3.23 and a beta of 0.60.

American Homes 4 Rent (NYSE:AMHGet Rating) last announced its quarterly earnings results on Thursday, August 4th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.22). American Homes 4 Rent had a net margin of 15.67% and a return on equity of 3.46%. The company had revenue of $361.90 million for the quarter, compared to analysts’ expectations of $362.35 million. During the same quarter in the prior year, the firm earned $0.33 EPS. American Homes 4 Rent’s quarterly revenue was up 15.4% compared to the same quarter last year. On average, sell-side analysts expect that American Homes 4 Rent will post 1.56 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $0.72 dividend on an annualized basis and a yield of 2.12%. American Homes 4 Rent’s dividend payout ratio (DPR) is 126.32%.

Insider Activity at American Homes 4 Rent

In related news, COO Bryan Smith sold 5,519 shares of the stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of $35.67, for a total transaction of $196,862.73. Following the transaction, the chief operating officer now owns 81,287 shares in the company, valued at $2,899,507.29. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, COO Bryan Smith sold 5,519 shares of the stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of $35.67, for a total transaction of $196,862.73. Following the transaction, the chief operating officer now owns 81,287 shares in the company, valued at $2,899,507.29. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Tamara Hughes Gustavson acquired 281,695 shares of the stock in a transaction that occurred on Wednesday, September 7th. The shares were bought at an average price of $36.40 per share, for a total transaction of $10,253,698.00. Following the transaction, the director now owns 269,470 shares of the company’s stock, valued at $9,808,708. The disclosure for this purchase can be found here. 6.03% of the stock is owned by insiders.

Institutional Trading of American Homes 4 Rent

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. UMB Bank N A MO purchased a new stake in American Homes 4 Rent during the first quarter valued at approximately $27,000. Ellevest Inc. increased its stake in shares of American Homes 4 Rent by 86.2% in the second quarter. Ellevest Inc. now owns 728 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 337 shares in the last quarter. Arlington Partners LLC purchased a new stake in shares of American Homes 4 Rent in the second quarter worth $27,000. Allworth Financial LP purchased a new stake in shares of American Homes 4 Rent in the first quarter worth $32,000. Finally, Charter Oak Capital Management LLC purchased a new stake in shares of American Homes 4 Rent in the second quarter worth $31,000. 88.49% of the stock is owned by hedge funds and other institutional investors.

American Homes 4 Rent Company Profile

(Get Rating)

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, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.

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

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