Equities analysts predict that American Homes 4 Rent (NYSE:AMH) will announce earnings per share (EPS) of $0.26 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for American Homes 4 Rent’s earnings, with estimates ranging from $0.25 to $0.27. American Homes 4 Rent reported earnings of $0.25 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 4%. The firm is scheduled to issue its next quarterly earnings report on Thursday, August 3rd.

On average, analysts expect that American Homes 4 Rent will report full year earnings of $1.06 per share for the current financial year, with EPS estimates ranging from $1.03 to $1.09. For the next fiscal year, analysts anticipate that the firm will report earnings of $1.17 per share, with EPS estimates ranging from $1.14 to $1.19. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for American Homes 4 Rent.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Thursday, May 4th. The real estate investment trust reported $0.26 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.26. The business had revenue of $233.80 million for the quarter, compared to the consensus estimate of $227.11 million. American Homes 4 Rent had a net margin of 1.92% and a return on equity of 0.35%. American Homes 4 Rent’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.23 EPS.

Several research analysts recently commented on the stock. FBR & Co restated a “buy” rating on shares of American Homes 4 Rent in a report on Saturday, May 6th. BidaskClub upgraded shares of American Homes 4 Rent from a “hold” rating to a “buy” rating in a report on Saturday. Keefe, Bruyette & Woods restated a “hold” rating and set a $24.00 target price on shares of American Homes 4 Rent in a report on Monday, May 15th. Zacks Investment Research upgraded shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Wednesday, May 24th. Finally, Evercore ISI assumed coverage on shares of American Homes 4 Rent in a report on Monday, June 5th. They set an “in-line” rating and a $24.50 target price for the company. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. American Homes 4 Rent currently has an average rating of “Hold” and a consensus target price of $24.06.

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American Homes 4 Rent (NYSE AMH) traded down 0.31% on Wednesday, hitting $22.41. 1,402,978 shares of the stock were exchanged. American Homes 4 Rent has a one year low of $18.47 and a one year high of $23.98. The stock’s market capitalization is $5.80 billion. The company has a 50 day moving average of $22.43 and a 200 day moving average of $22.28.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 15th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Tuesday, June 13th. American Homes 4 Rent’s dividend payout ratio is currently -133.32%.

In other news, Director Tamara Hughes Gustavson purchased 462,123 shares of the business’s stock in a transaction on Tuesday, May 9th. The stock was purchased at an average price of $22.21 per share, for a total transaction of $10,263,751.83. Following the completion of the purchase, the director now directly owns 13,600,665 shares in the company, valued at approximately $302,070,769.65. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Bryan Smith sold 12,432 shares of the stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $22.40, for a total transaction of $278,476.80. The disclosure for this sale can be found here. Company insiders own 27.82% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. Nomura Asset Management Co. Ltd. raised its position in shares of American Homes 4 Rent by 0.6% in the first quarter. Nomura Asset Management Co. Ltd. now owns 149,466 shares of the real estate investment trust’s stock valued at $3,431,000 after buying an additional 850 shares during the last quarter. Skandinaviska Enskilda Banken AB publ bought a new position in shares of American Homes 4 Rent during the first quarter valued at $305,000. Public Employees Retirement System of Ohio raised its position in shares of American Homes 4 Rent by 1.0% in the first quarter. Public Employees Retirement System of Ohio now owns 479,367 shares of the real estate investment trust’s stock valued at $11,006,000 after buying an additional 4,590 shares during the last quarter. FNY Partners Fund LP bought a new position in shares of American Homes 4 Rent during the first quarter valued at $114,000. Finally, Credit Suisse AG raised its position in shares of American Homes 4 Rent by 11.4% in the first quarter. Credit Suisse AG now owns 871,998 shares of the real estate investment trust’s stock valued at $20,022,000 after buying an additional 89,368 shares during the last quarter. Hedge funds and other institutional investors own 93.71% of the company’s stock.

About American Homes 4 Rent

American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company’s primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties.

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Earnings History and Estimates for American Homes 4 Rent (NYSE:AMH)

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