Shares of American Homes 4 Rent (NYSE:AMH) have been assigned a consensus rating of “Buy” from the eleven brokerages that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $25.13.

Several equities analysts recently commented on the stock. Evercore ISI raised shares of American Homes 4 Rent from an “in-line” rating to an “outperform” rating and set a $24.50 price objective for the company in a research report on Monday. B. Riley set a $26.00 price objective on shares of American Homes 4 Rent and gave the company a “buy” rating in a research report on Tuesday, November 14th. Citigroup assumed coverage on shares of American Homes 4 Rent in a research report on Friday, October 20th. They issued a “buy” rating and a $25.00 price objective for the company. BTIG Research started coverage on shares of American Homes 4 Rent in a research report on Monday, October 9th. They issued a “buy” rating and a $26.00 price objective for the company. Finally, FBR & Co reiterated a “buy” rating and issued a $26.00 price target on shares of American Homes 4 Rent in a report on Friday, September 29th.

Shares of American Homes 4 Rent (NYSE AMH) traded up $0.11 during trading on Thursday, hitting $21.42. 844,688 shares of the company traded hands, compared to its average volume of 2,022,454. The stock has a market cap of $6,113.25, a price-to-earnings ratio of 20.70, a P/E/G ratio of 1.80 and a beta of 0.68. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. American Homes 4 Rent has a 52-week low of $19.62 and a 52-week high of $23.98.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.25 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.25. The firm had revenue of $246.80 million during the quarter, compared to analyst estimates of $247.96 million. American Homes 4 Rent had a net margin of 6.56% and a return on equity of 1.15%. American Homes 4 Rent’s revenue was up 4.5% on a year-over-year basis. During the same period last year, the firm posted $0.24 EPS. analysts anticipate that American Homes 4 Rent will post 1.03 EPS for the current year.

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

In other American Homes 4 Rent news, Director B Wayne Et Al Hughes purchased 1,372,200 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The shares were bought at an average price of $21.84 per share, for a total transaction of $29,968,848.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders purchased 1,766,855 shares of company stock worth $38,597,023. 27.82% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Voya Investment Management LLC grew its stake in shares of 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 purchasing an additional 13,297 shares during the period. Legal & General Group Plc grew its stake in shares of 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 purchasing an additional 44,152 shares during the period. AXA grew its stake in shares of 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 purchasing an additional 123,651 shares during the period. Heartland Advisors Inc. grew its stake in shares of 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 purchasing an additional 393,182 shares during the period. Finally, Principal Financial Group Inc. grew its stake in shares of 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 purchasing an additional 92,216 shares during the period. 88.22% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for American Homes 4 Rent (NYSE:AMH)

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