Brokerages expect that American Homes 4 Rent (NYSE:AMH) will post $253.03 million in sales for the current quarter, according to Zacks. Two analysts have provided estimates for American Homes 4 Rent’s earnings, with the lowest sales estimate coming in at $251.80 million and the highest estimate coming in at $254.25 million. American Homes 4 Rent posted sales of $227.56 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 11.2%. The firm is expected to issue its next earnings results on Thursday, February 22nd.

On average, analysts expect that American Homes 4 Rent will report full-year sales of $253.03 million for the current year, with estimates ranging from $957.02 million to $972.25 million. For the next fiscal year, analysts anticipate that the company will post sales of $1.08 billion per share, with estimates ranging from $1.06 billion to $1.11 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that cover American Homes 4 Rent.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, meeting the 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 during the quarter, compared to analyst estimates of $247.96 million. During the same quarter in the previous year, the business earned $0.24 EPS. The firm’s revenue was up 4.5% on a year-over-year basis.

Several equities analysts have recently issued reports on AMH shares. Zacks Investment Research lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. B. Riley set a $26.00 price target on shares of American Homes 4 Rent and gave the company a “buy” rating in a report on Tuesday, November 14th. Citigroup started coverage on shares of American Homes 4 Rent in a report on Friday, October 20th. They issued a “buy” rating and a $25.00 price target for the company. BidaskClub lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Friday, August 25th. Finally, BTIG Research assumed coverage on shares of American Homes 4 Rent in a research note on Monday, October 9th. They issued a “buy” rating and a $26.00 target price for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $25.13.

In related news, Director B Wayne Et Al Hughes bought 1,372,200 shares of American Homes 4 Rent stock in a transaction that occurred on Thursday, September 14th. The stock was purchased at an average cost of $21.84 per share, with a total value of $29,968,848.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Over the last ninety days, insiders purchased 1,766,855 shares of company stock valued at $38,597,023. Company insiders own 27.82% of the company’s stock.

Large investors have recently modified their holdings of the business. Voya Investment Management LLC lifted its position in American Homes 4 Rent by 26.5% during the 2nd quarter. Voya Investment Management LLC now owns 63,431 shares of the real estate investment trust’s stock worth $1,432,000 after buying an additional 13,297 shares in the last quarter. Legal & General Group Plc lifted its position in American Homes 4 Rent by 10.0% during the 2nd quarter. Legal & General Group Plc now owns 486,902 shares of the real estate investment trust’s stock worth $10,990,000 after buying an additional 44,152 shares in the last quarter. AXA lifted its position in American Homes 4 Rent by 15.1% during the 2nd quarter. AXA now owns 941,003 shares of the real estate investment trust’s stock worth $21,238,000 after buying an additional 123,651 shares in the last quarter. Heartland Advisors Inc. lifted its position in American Homes 4 Rent by 123.7% during the 2nd quarter. Heartland Advisors Inc. now owns 711,089 shares of the real estate investment trust’s stock worth $16,049,000 after buying an additional 393,182 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in American Homes 4 Rent by 3.7% during the 2nd quarter. Principal Financial Group Inc. now owns 2,572,898 shares of the real estate investment trust’s stock worth $58,069,000 after buying an additional 92,216 shares in the last quarter. 88.22% of the stock is currently owned by hedge funds and other institutional investors.

American Homes 4 Rent (NYSE AMH) opened at $21.59 on Tuesday. American Homes 4 Rent has a fifty-two week low of $19.62 and a fifty-two week high of $23.98. The stock has a market cap of $6,190.00, a price-to-earnings ratio of 20.93, a PEG ratio of 1.82 and a beta of 0.68. 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 business also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, January 2nd will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend is Friday, December 29th. American Homes 4 Rent’s payout ratio is presently 2,000.00%.

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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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