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Shares of American Homes 4 Rent (NYSE:AMH) reached a new 52-week high during mid-day trading on Friday , AnalystRatingsNetwork reports. The company traded as high as $18.52 and last traded at $18.09, with a volume of 846,900 shares. The stock had previously closed at $18.17.

Several analysts have recently commented on the stock. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of American Homes 4 Rent in a research note on Wednesday. They now have a $18.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of American Homes 4 Rent in a research note on Monday. They now have a $19.00 price target on the stock, up previously from $18.00. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of American Homes 4 Rent in a research note on Wednesday, May 14th. They now have a $19.00 price target on the stock, up previously from $18.50. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $18.57.

The stock has a 50-day moving average of $17. and a 200-day moving average of $16.8. The company’s market cap is $3.356 billion. American Homes 4 Rent also saw a large growth in short interest during the month of June. As of June 13th, there was short interest totalling 3,467,107 shares, a growth of 52.1% from the May 30th total of 2,280,184 shares. Based on an average trading volume of 915,609 shares, the short-interest ratio is presently 3.8 days. Approximately 1.9% of the company’s shares are sold short.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.12 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.12. On average, analysts predict that American Homes 4 Rent will post $0.61 earnings per share for the current fiscal year.

American Homes 4 Rent operates in the single-family home rental industry. The Company is an internally managed Maryland real estate investment trust (NYSE:AMH).

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