Analysts expect that American Homes 4 Rent (NYSE:AMH) will report $234.86 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for American Homes 4 Rent’s earnings, with the highest sales estimate coming in at $252.30 million and the lowest estimate coming in at $207.50 million. American Homes 4 Rent posted sales of $236.06 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 0.5%. The firm is expected to announce its next earnings report on Thursday, November 2nd.

According to Zacks, analysts expect that American Homes 4 Rent will report full year sales of $234.86 million for the current fiscal year, with estimates ranging from $824.81 million to $972.00 million. For the next fiscal year, analysts expect that the business will post sales of $1.01 billion per share, with estimates ranging from $856.66 million to $1.11 billion. Zacks Investment Research’s sales calculations are an 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 issued its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.04). The company had revenue of $237.00 million during the quarter, compared to analysts’ expectations of $236.28 million. American Homes 4 Rent had a return on equity of 0.70% and a net margin of 3.82%. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period last year, the company earned $0.25 earnings per share.

Several analysts have weighed in on AMH shares. TheStreet raised American Homes 4 Rent from a “c” rating to a “b” rating in a research report on Friday, August 4th. BidaskClub raised American Homes 4 Rent from a “hold” rating to a “buy” rating in a research report on Saturday, June 24th. FBR & Co reaffirmed a “buy” rating on shares of American Homes 4 Rent in a research report on Wednesday, May 24th. Mizuho raised American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $25.50 price objective on the stock in a research report on Monday, July 10th. Finally, Zacks Investment Research raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. American Homes 4 Rent currently has a consensus rating of “Hold” and a consensus target price of $24.83.

Shares of American Homes 4 Rent (AMH) traded down 0.68% during mid-day trading on Wednesday, hitting $22.00. The stock had a trading volume of 2,149,023 shares. American Homes 4 Rent has a 52-week low of $19.63 and a 52-week high of $23.98. The stock’s 50-day moving average price is $22.34 and its 200-day moving average price is $22.68. The firm’s market cap is $5.73 billion.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.91%. American Homes 4 Rent’s payout ratio is -181.82%.

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In other American Homes 4 Rent news, Director B Wayne Et Al Hughes bought 1,372,200 shares of the stock in a transaction dated Thursday, September 14th. The stock was purchased at an average cost of $21.84 per share, for a total transaction of $29,968,848.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 27.82% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in AMH. FNY Partners Fund LP purchased a new position in American Homes 4 Rent in the 1st quarter worth approximately $114,000. PNC Financial Services Group Inc. raised its holdings in American Homes 4 Rent by 169.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,442 shares of the real estate investment trust’s stock worth $125,000 after acquiring an additional 3,423 shares during the last quarter. Public Employees Retirement Association of Colorado raised its holdings in American Homes 4 Rent by 35.0% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 7,125 shares of the real estate investment trust’s stock worth $161,000 after acquiring an additional 1,848 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in American Homes 4 Rent by 7.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,247 shares of the real estate investment trust’s stock worth $164,000 after acquiring an additional 515 shares during the last quarter. Finally, QCM Cayman Ltd. purchased a new position in American Homes 4 Rent in the 2nd quarter worth approximately $203,000. Institutional investors own 93.74% of the company’s stock.

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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