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American Homes 4 Rent (NYSE:AMH) posted its quarterly earnings results on Monday. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15, Stock Ratings News reports. The company had revenue of $94.30 million for the quarter, compared to the consensus estimate of $93.20 million. The company’s revenue for the quarter was up 420.4% on a year-over-year basis.

AMH has been the subject of a number of recent research reports. Analysts at Raymond James upgraded shares of American Homes 4 Rent from an “outperform” rating to a “strong-buy” rating in a research note on Friday, July 18th. They now have a $19.00 price target on the stock. On a related note, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of American Homes 4 Rent in a research note on Wednesday, July 2nd. They now have a $18.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of American Homes 4 Rent in a research note on Monday, June 30th. They now have a $19.00 price target on the stock, up previously from $18.00. Five research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $18.57.

Shares of American Homes 4 Rent (NYSE:AMH) traded up 0.67% during mid-day trading on Monday, hitting $18.09. 1,119,877 shares of the company’s stock traded hands. American Homes 4 Rent has a 1-year low of $15.10 and a 1-year high of $18.85. The stock’s 50-day moving average is $18.10 and its 200-day moving average is $17.12. The company’s market cap is $3.356 billion.

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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