Colony Starwood Homes (NYSE:SFR) has received an average recommendation of “Buy” from the twelve research firms that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $37.18.

Several equities research analysts have recently issued reports on the stock. ValuEngine upgraded shares of Colony Starwood Homes from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Zacks Investment Research upgraded shares of Colony Starwood Homes from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Mizuho reiterated a “neutral” rating and set a $35.00 price objective (down previously from $41.00) on shares of Colony Starwood Homes in a research report on Friday, August 11th. Citigroup Inc. started coverage on shares of Colony Starwood Homes in a research report on Thursday, July 20th. They set a “buy” rating and a $40.00 price objective on the stock. Finally, Raymond James Financial, Inc. started coverage on shares of Colony Starwood Homes in a report on Tuesday, July 11th. They issued an “outperform” rating and a $38.00 target price for the company.

Colony Starwood Homes (NYSE:SFR) traded up 0.95% during trading on Friday, reaching $37.02. 1,678,919 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $36.38 and its 200-day moving average is $35.25. The company’s market cap is $3.76 billion. Colony Starwood Homes has a 12-month low of $27.87 and a 12-month high of $37.94.

Colony Starwood Homes (NYSE:SFR) last released its quarterly earnings data on Wednesday, August 9th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.01. The firm had revenue of $154.40 million for the quarter, compared to analysts’ expectations of $153.39 million. Colony Starwood Homes had a negative net margin of 5.65% and a negative return on equity of 0.81%. The company’s revenue was up 7.4% on a year-over-year basis. Analysts predict that Colony Starwood Homes will post ($0.11) EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 7th. Investors of record on Tuesday, October 24th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Monday, October 23rd. Colony Starwood Homes’s dividend payout ratio (DPR) is presently -266.67%.

Several hedge funds have recently bought and sold shares of the stock. Verition Fund Management LLC grew its holdings in shares of Colony Starwood Homes by 1.5% in the second quarter. Verition Fund Management LLC now owns 11,719 shares of the financial services provider’s stock valued at $402,000 after purchasing an additional 176 shares in the last quarter. Suntrust Banks Inc. grew its holdings in shares of Colony Starwood Homes by 3.6% in the second quarter. Suntrust Banks Inc. now owns 8,235 shares of the financial services provider’s stock valued at $282,000 after purchasing an additional 284 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in shares of Colony Starwood Homes by 5.4% in the second quarter. Teacher Retirement System of Texas now owns 8,012 shares of the financial services provider’s stock valued at $275,000 after purchasing an additional 414 shares in the last quarter. Prudential Financial Inc. grew its holdings in shares of Colony Starwood Homes by 5.4% in the first quarter. Prudential Financial Inc. now owns 9,102 shares of the financial services provider’s stock valued at $309,000 after purchasing an additional 470 shares in the last quarter. Finally, Comerica Bank grew its holdings in shares of Colony Starwood Homes by 14.2% in the second quarter. Comerica Bank now owns 9,672 shares of the financial services provider’s stock valued at $341,000 after purchasing an additional 1,206 shares in the last quarter. 93.69% of the stock is owned by hedge funds and other institutional investors.

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About Colony Starwood Homes

Starwood Waypoint Homes, formerly Colony Starwood Homes, is an internally managed real estate investment trust (REIT). The Company was formed primarily to acquire, renovate, lease and manage residential assets in select markets across the United States. It is focused on acquiring single-family rental (SFR) homes through a variety of channels, renovating these homes to the extent necessary and leasing them to qualified residents.

Analyst Recommendations for Colony Starwood Homes (NYSE:SFR)

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