Analysts expect American Homes 4 Rent (NYSE:AMH) to report $0.25 earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have issued estimates for American Homes 4 Rent’s earnings, with the highest EPS estimate coming in at $0.26 and the lowest estimate coming in at $0.25. American Homes 4 Rent reported earnings per share of ($0.09) in the same quarter last year, which indicates a positive year over year growth rate of 377.8%. The company is scheduled to announce its next quarterly earnings results on Thursday, November 2nd.

On average, analysts expect that American Homes 4 Rent will report full-year earnings of $1.04 per share for the current fiscal year, with EPS estimates ranging from $1.03 to $1.05. For the next fiscal year, analysts expect that the business will report earnings of $1.17 per share, with EPS estimates ranging from $1.14 to $1.20. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that follow American Homes 4 Rent.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.04). The company had revenue of $237.00 million for the quarter, compared to analysts’ expectations of $236.28 million. American Homes 4 Rent had a net margin of 3.82% and a return on equity of 0.70%. The business’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.25 EPS.

AMH has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. BidaskClub upgraded shares of American Homes 4 Rent from a “hold” rating to a “buy” rating in a report on Friday, July 14th. Evercore ISI initiated coverage on shares of American Homes 4 Rent in a report on Monday, June 5th. They issued an “in-line” rating and a $24.50 price target on the stock. Finally, TheStreet upgraded shares of American Homes 4 Rent from a “c” rating to a “b” rating in a report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. American Homes 4 Rent presently has an average rating of “Hold” and an average target price of $24.83.

In other American Homes 4 Rent news, Director B Wayne Et Al Hughes bought 1,372,200 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were purchased at an average price of $21.84 per share, for a total transaction of $29,968,848.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 27.82% of the company’s stock.

A number of hedge funds have recently made changes to their positions in AMH. Wells Fargo & Company MN lifted its holdings in American Homes 4 Rent by 105.1% in the 1st quarter. Wells Fargo & Company MN now owns 344,780 shares of the real estate investment trust’s stock valued at $7,916,000 after purchasing an additional 176,711 shares in the last quarter. Canada Pension Plan Investment Board lifted its holdings in American Homes 4 Rent by 668.8% in the 1st quarter. Canada Pension Plan Investment Board now owns 12,300 shares of the real estate investment trust’s stock valued at $282,000 after purchasing an additional 10,700 shares in the last quarter. US Bancorp DE lifted its holdings in American Homes 4 Rent by 38.3% in the 1st quarter. US Bancorp DE now owns 26,425 shares of the real estate investment trust’s stock valued at $607,000 after purchasing an additional 7,317 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in American Homes 4 Rent by 1.5% in the 1st quarter. BNP Paribas Arbitrage SA now owns 83,117 shares of the real estate investment trust’s stock valued at $1,908,000 after purchasing an additional 1,252 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in American Homes 4 Rent by 5.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,284 shares of the real estate investment trust’s stock valued at $328,000 after purchasing an additional 786 shares in the last quarter. Institutional investors own 93.74% of the company’s stock.

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Shares of American Homes 4 Rent (NYSE:AMH) opened at 22.14 on Monday. The stock’s market cap is $5.76 billion. American Homes 4 Rent has a one year low of $19.62 and a one year high of $23.98. The stock’s 50 day moving average is $22.38 and its 200-day moving average is $22.71.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a $0.05 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.20 annualized dividend and a yield of 0.90%. American Homes 4 Rent’s dividend payout ratio is presently -181.82%.

American Homes 4 Rent Company Profile

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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