Analysts predict that American Homes 4 Rent (NYSE:AMH) will announce $0.27 earnings per share for the current quarter, Zacks reports. Two analysts have made estimates for American Homes 4 Rent’s earnings. The highest EPS estimate is $0.28 and the lowest is $0.25. American Homes 4 Rent reported earnings per share of ($0.01) during the same quarter last year, which indicates a positive year-over-year growth rate of 2,800%. The company is scheduled to report its next earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that American Homes 4 Rent will report full-year earnings of $1.03 per share for the current financial year, with EPS estimates ranging from $1.02 to $1.05. For the next fiscal year, analysts forecast that the firm will report earnings of $1.17 per share, with EPS estimates ranging from $1.15 to $1.19. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow American Homes 4 Rent.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. American Homes 4 Rent had a net margin of 6.56% and a return on equity of 1.15%. The company had revenue of $246.80 million for the quarter, compared to the consensus estimate of $247.96 million. During the same period last year, the firm posted $0.24 EPS. American Homes 4 Rent’s revenue for the quarter was up 4.5% on a year-over-year basis.

Several research analysts have issued reports on AMH shares. BTIG Research started coverage on shares of American Homes 4 Rent in a research report on Monday, October 9th. They set a “buy” rating and a $26.00 price objective on the stock. FBR & Co reissued a “buy” rating and set a $26.00 price objective on shares of American Homes 4 Rent in a research report on Friday, September 29th. Citigroup started coverage on shares of American Homes 4 Rent in a research note on Friday, October 20th. They issued a “buy” rating and a $25.00 target price for the company. BidaskClub cut shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Friday, August 25th. Finally, B. Riley set a $26.00 target price on shares of American Homes 4 Rent and gave the stock a “buy” rating in a research note on Tuesday, November 14th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given 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 $25.13.

Shares of American Homes 4 Rent (AMH) traded up $0.06 during trading on Friday, reaching $21.56. 1,750,000 shares of the company’s stock traded hands, compared to its average volume of 2,383,409. American Homes 4 Rent has a 52 week low of $19.62 and a 52 week high of $23.98. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.51 and a quick ratio of 1.51. The stock has a market cap of $6,182.07, a P/E ratio of 20.93, a P/E/G ratio of 1.82 and a beta of 0.68.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Tuesday, January 2nd will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.93%. The ex-dividend date is Friday, December 29th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently -2,000.00%.

In other news, Director B Wayne Et Al Hughes bought 292,977 shares of American Homes 4 Rent stock in a transaction dated Thursday, November 9th. The stock was bought at an average price of $21.86 per share, for a total transaction of $6,404,477.22. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders bought a total of 1,766,855 shares of company stock valued at $38,597,023 in the last 90 days. Company insiders own 27.82% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in AMH. PNC Financial Services Group Inc. lifted its stake in shares of American Homes 4 Rent by 5.1% in the second quarter. PNC Financial Services Group Inc. now owns 5,720 shares of the real estate investment trust’s stock valued at $128,000 after purchasing an additional 278 shares during the period. Public Employees Retirement Association of Colorado lifted its stake in shares of American Homes 4 Rent by 35.0% in the second quarter. Public Employees Retirement Association of Colorado now owns 7,125 shares of the real estate investment trust’s stock valued at $161,000 after purchasing an additional 1,848 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of American Homes 4 Rent by 7.7% in the second quarter. The Manufacturers Life Insurance Company now owns 7,247 shares of the real estate investment trust’s stock valued at $164,000 after purchasing an additional 515 shares during the period. CIBC Asset Management Inc acquired a new stake in shares of American Homes 4 Rent in the third quarter valued at about $202,000. Finally, QCM Cayman Ltd. acquired a new stake in shares of American Homes 4 Rent in the second quarter valued at about $203,000. Hedge funds and other institutional investors own 88.25% of the company’s stock.

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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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