American Homes 4 Rent (NYSE:AMH – Get Rating) had its price objective boosted by equities researchers at Evercore ISI to $39.00 in a research note issued on Tuesday, Stock Target Advisor reports. Evercore ISI’s target price indicates a potential upside of 5.15% from the company’s current price.
Other analysts have also recently issued reports about the stock. Credit Suisse Group lowered their price objective on shares of American Homes 4 Rent from $44.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, June 23rd. B. Riley decreased their price target on shares of American Homes 4 Rent from $47.00 to $43.00 in a research report on Wednesday, May 11th. Capital One Financial started coverage on shares of American Homes 4 Rent in a research report on Friday, July 8th. They set an “overweight” rating and a $43.00 price target for the company. Oppenheimer started coverage on shares of American Homes 4 Rent in a research report on Monday, July 18th. They set a “market perform” rating and a $35.00 price target for the company. Finally, StockNews.com raised shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Tuesday, July 19th. Eight equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, American Homes 4 Rent currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.68.
American Homes 4 Rent Trading Up 0.1 %
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AMH traded up $0.04 during trading on Tuesday, hitting $37.09. The company’s stock had a trading volume of 66,742 shares, compared to its average volume of 2,024,178. American Homes 4 Rent has a twelve month low of $32.60 and a twelve month high of $44.07. The firm’s 50 day moving average price is $35.85 and its 200-day moving average price is $37.86. The stock has a market cap of $12.92 billion, a PE ratio of 64.83, a PEG ratio of 3.04 and a beta of 0.58. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.64 and a quick ratio of 0.64.
American Homes 4 Rent (NYSE:AMH – Get Rating) last announced its quarterly earnings data on Thursday, August 4th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.22). American Homes 4 Rent had a net margin of 15.67% and a return on equity of 3.48%. The company had revenue of $361.90 million for the quarter, compared to analysts’ expectations of $362.35 million. During the same period in the prior year, the firm earned $0.33 earnings per share. The firm’s quarterly revenue was up 15.4% on a year-over-year basis. On average, analysts expect that American Homes 4 Rent will post 1.56 earnings per share for the current year.
Insider Activity at American Homes 4 Rent
In other news, Director Tamara Hughes Gustavson acquired 200,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 12th. The stock was purchased at an average price of $35.71 per share, for a total transaction of $7,142,000.00. Following the completion of the acquisition, the director now owns 8,830,956 shares in the company, valued at $315,353,438.76. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last 90 days, insiders bought 200,706 shares of company stock worth $7,161,700. 6.03% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Ellevest Inc. raised its position in American Homes 4 Rent by 86.2% during the second quarter. Ellevest Inc. now owns 728 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 337 shares in the last quarter. UMB Bank N A MO acquired a new position in shares of American Homes 4 Rent in the first quarter valued at about $27,000. Arlington Partners LLC acquired a new position in shares of American Homes 4 Rent in the second quarter valued at about $27,000. Charter Oak Capital Management LLC acquired a new position in shares of American Homes 4 Rent in the second quarter valued at about $31,000. Finally, Allworth Financial LP acquired a new stake in American Homes 4 Rent during the first quarter worth about $32,000. Institutional investors and hedge funds own 88.49% of the company’s stock.
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
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New York State Common Retirement Fund lifted its holdings in shares of American Homes 4 Rent (NYSE:AMH – Get Rating) by 5.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 306,734 shares of the real estate investment trust’s stock after acquiring an additional 16,629 shares during the period. New York State Common Retirement Fund owned approximately 0.09% of American Homes 4 Rent worth $12,279,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Park Avenue Securities LLC bought a new position in shares of American Homes 4 Rent during the 1st quarter worth about $213,000. Long Pond Capital LP lifted its holdings in American Homes 4 Rent by 7.4% during the 4th quarter. Long Pond Capital LP now owns 4,124,975 shares of the real estate investment trust’s stock valued at $179,890,000 after purchasing an additional 282,791 shares during the last quarter. BOKF NA boosted its position in American Homes 4 Rent by 134.8% in the fourth quarter. BOKF NA now owns 88,930 shares of the real estate investment trust’s stock valued at $3,878,000 after buying an additional 51,050 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in American Homes 4 Rent by 14.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 65,728 shares of the real estate investment trust’s stock valued at $2,866,000 after buying an additional 8,515 shares in the last quarter. Finally, M&T Bank Corp boosted its position in American Homes 4 Rent by 15.5% in the fourth quarter. M&T Bank Corp now owns 29,114 shares of the real estate investment trust’s stock valued at $1,269,000 after buying an additional 3,916 shares in the last quarter. 88.49% of the stock is owned by institutional investors.
Insider Activity
In related news, Director Tamara Hughes Gustavson purchased 200,000 shares of American Homes 4 Rent stock in a transaction dated Thursday, May 12th. The stock was bought at an average price of $35.71 per share, for a total transaction of $7,142,000.00. Following the completion of the acquisition, the director now directly owns 8,830,956 shares of the company’s stock, valued at $315,353,438.76. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders purchased 200,706 shares of company stock worth $7,161,700 over the last quarter. 6.03% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
A number of research firms have commented on AMH. Raymond James restated a “strong-buy” rating and issued a $45.00 price target (down from $48.00) on shares of American Homes 4 Rent in a research report on Thursday, June 23rd. Mizuho reduced their price target on shares of American Homes 4 Rent from $44.00 to $42.00 and set a “buy” rating on the stock in a research report on Wednesday, July 6th. Evercore ISI set a $40.00 price target on shares of American Homes 4 Rent in a research report on Monday, June 20th. Capital One Financial began coverage on shares of American Homes 4 Rent in a research report on Friday, July 8th. They issued an “overweight” rating and a $43.00 price target on the stock. Finally, B. Riley dropped their target price on shares of American Homes 4 Rent from $47.00 to $43.00 in a research note on Wednesday, May 11th. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $42.74.
American Homes 4 Rent Trading Down 0.6 %
AMH opened at $37.05 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.64 and a quick ratio of 0.64. The company has a market cap of $12.90 billion, a price-to-earnings ratio of 65.00, a price-to-earnings-growth ratio of 3.07 and a beta of 0.58. The firm has a 50 day simple moving average of $35.87 and a 200 day simple moving average of $37.89. American Homes 4 Rent has a fifty-two week low of $32.60 and a fifty-two week high of $44.07.
American Homes 4 Rent (NYSE:AMH – Get Rating) last issued its earnings results on Thursday, May 5th. The real estate investment trust reported $0.16 EPS for the quarter, beating the consensus estimate of $0.11 by $0.05. American Homes 4 Rent had a net margin of 15.67% and a return on equity of 3.48%. The firm had revenue of $356.11 million during the quarter, compared to the consensus estimate of $355.76 million. During the same quarter in the prior year, the firm earned $0.32 earnings per share. The business’s quarterly revenue was up 13.9% on a year-over-year basis. On average, sell-side analysts anticipate that American Homes 4 Rent will post 1.56 earnings per share for the current year.
American Homes 4 Rent Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Wednesday, September 14th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 126.32%.
American Homes 4 Rent Company Profile
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
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Receive News & Ratings for American Homes 4 Rent Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for American Homes 4 Rent and related companies with MarketBeat.com’s FREE daily email newsletter.
Envestnet Asset Management Inc. trimmed its position in shares of American Homes 4 Rent (NYSE:AMH – Get Rating) by 0.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 296,403 shares of the real estate investment trust’s stock after selling 670 shares during the period. Envestnet Asset Management Inc. owned 0.09% of American Homes 4 Rent worth $11,865,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Park Avenue Securities LLC purchased a new position in shares of American Homes 4 Rent during the 1st quarter valued at $213,000. Long Pond Capital LP lifted its stake in shares of American Homes 4 Rent by 7.4% in the 4th quarter. Long Pond Capital LP now owns 4,124,975 shares of the real estate investment trust’s stock valued at $179,890,000 after purchasing an additional 282,791 shares during the last quarter. BOKF NA lifted its stake in shares of American Homes 4 Rent by 134.8% in the 4th quarter. BOKF NA now owns 88,930 shares of the real estate investment trust’s stock valued at $3,878,000 after purchasing an additional 51,050 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of American Homes 4 Rent by 14.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 65,728 shares of the real estate investment trust’s stock valued at $2,866,000 after purchasing an additional 8,515 shares during the last quarter. Finally, M&T Bank Corp lifted its stake in shares of American Homes 4 Rent by 15.5% in the 4th quarter. M&T Bank Corp now owns 29,114 shares of the real estate investment trust’s stock valued at $1,269,000 after purchasing an additional 3,916 shares during the last quarter. 88.49% of the stock is currently owned by hedge funds and other institutional investors.
American Homes 4 Rent Stock Performance
NYSE AMH opened at $37.05 on Friday. The stock has a market cap of $12.90 billion, a P/E ratio of 65.00, a PEG ratio of 3.07 and a beta of 0.58. The company’s 50-day simple moving average is $35.87 and its 200 day simple moving average is $37.89. American Homes 4 Rent has a twelve month low of $32.60 and a twelve month high of $44.07. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.55.
American Homes 4 Rent (NYSE:AMH – Get Rating) last posted its earnings results on Thursday, May 5th. The real estate investment trust reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05. The business had revenue of $356.11 million for the quarter, compared to analysts’ expectations of $355.76 million. American Homes 4 Rent had a net margin of 15.67% and a return on equity of 3.48%. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 earnings per share. As a group, research analysts forecast that American Homes 4 Rent will post 1.56 earnings per share for the current fiscal year.
American Homes 4 Rent Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be paid a $0.18 dividend. The ex-dividend date is Wednesday, September 14th. This represents a $0.72 dividend on an annualized basis and a yield of 1.94%. American Homes 4 Rent’s payout ratio is currently 126.32%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the stock. Raymond James reaffirmed a “strong-buy” rating and issued a $45.00 price objective (down previously from $48.00) on shares of American Homes 4 Rent in a research note on Thursday, June 23rd. StockNews.com raised shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Tuesday, July 19th. Morgan Stanley cut their target price on shares of American Homes 4 Rent from $39.00 to $37.50 and set an “equal weight” rating for the company in a research report on Friday, July 15th. Capital One Financial assumed coverage on shares of American Homes 4 Rent in a research report on Friday, July 8th. They set an “overweight” rating and a $43.00 target price for the company. Finally, B. Riley cut their target price on shares of American Homes 4 Rent from $47.00 to $43.00 in a research report on Wednesday, May 11th. Eight equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $42.74.
Insider Activity at American Homes 4 Rent
In other American Homes 4 Rent news, Director Tamara Hughes Gustavson bought 200,000 shares of the stock in a transaction that occurred on Thursday, May 12th. The shares were acquired at an average price of $35.71 per share, with a total value of $7,142,000.00. Following the completion of the purchase, the director now directly owns 8,830,956 shares in the company, valued at approximately $315,353,438.76. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have acquired a total of 200,706 shares of company stock valued at $7,161,700 over the last quarter. 6.03% of the stock is owned by company insiders.
American Homes 4 Rent Company Profile
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
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Receive News & Ratings for American Homes 4 Rent Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for American Homes 4 Rent and related companies with MarketBeat.com’s FREE daily email newsletter.
American Homes 4 Rent (NYSE:AMH – Get Rating) has been assigned a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are currently covering the firm, MarketBeat reports. Eight equities research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $42.74.
A number of brokerages have recently weighed in on AMH. Morgan Stanley lowered their target price on American Homes 4 Rent from $39.00 to $37.50 and set an “equal weight” rating on the stock in a research report on Friday, July 15th. StockNews.com raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Tuesday, July 19th. Mizuho lowered their target price on American Homes 4 Rent from $44.00 to $42.00 and set a “buy” rating on the stock in a research report on Wednesday, July 6th. Oppenheimer started coverage on American Homes 4 Rent in a research report on Monday, July 18th. They set a “market perform” rating and a $35.00 target price on the stock. Finally, Credit Suisse Group lowered their price target on American Homes 4 Rent from $44.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, June 23rd.
Insider Transactions at American Homes 4 Rent
In other news, Director Tamara Hughes Gustavson purchased 200,000 shares of the business’s stock in a transaction dated Thursday, May 12th. The stock was bought at an average price of $35.71 per share, for a total transaction of $7,142,000.00. Following the purchase, the director now owns 8,830,956 shares of the company’s stock, valued at $315,353,438.76. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders bought 200,706 shares of company stock worth $7,161,700. 6.03% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in AMH. Norges Bank bought a new position in American Homes 4 Rent in the 4th quarter worth about $701,205,000. Centersquare Investment Management LLC boosted its stake in American Homes 4 Rent by 725.9% in the 1st quarter. Centersquare Investment Management LLC now owns 4,816,638 shares of the real estate investment trust’s stock worth $192,810,000 after purchasing an additional 4,233,435 shares during the period. Vanguard Group Inc. raised its holdings in shares of American Homes 4 Rent by 8.9% in the 1st quarter. Vanguard Group Inc. now owns 43,405,083 shares of the real estate investment trust’s stock valued at $1,737,505,000 after acquiring an additional 3,533,157 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of American Homes 4 Rent by 54.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 8,256,460 shares of the real estate investment trust’s stock valued at $360,064,000 after acquiring an additional 2,921,537 shares in the last quarter. Finally, BlackRock Inc. raised its holdings in shares of American Homes 4 Rent by 11.3% in the 4th quarter. BlackRock Inc. now owns 23,487,597 shares of the real estate investment trust’s stock valued at $1,024,294,000 after acquiring an additional 2,384,487 shares in the last quarter. Institutional investors own 88.49% of the company’s stock.
American Homes 4 Rent Price Performance
American Homes 4 Rent stock opened at $37.05 on Wednesday. The stock has a market capitalization of $12.90 billion, a price-to-earnings ratio of 78.83, a PEG ratio of 3.05 and a beta of 0.58. American Homes 4 Rent has a 52-week low of $32.60 and a 52-week high of $44.07. The stock’s 50 day moving average price is $35.87 and its two-hundred day moving average price is $37.91. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 0.64.
American Homes 4 Rent (NYSE:AMH – Get Rating) last posted its quarterly earnings results on Thursday, May 5th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. American Homes 4 Rent had a return on equity of 3.05% and a net margin of 13.74%. The firm had revenue of $356.11 million for the quarter, compared to analysts’ expectations of $355.76 million. During the same period in the prior year, the business earned $0.32 EPS. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. On average, equities analysts predict that American Homes 4 Rent will post 1.56 earnings per share for the current year.
American Homes 4 Rent Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $0.72 annualized dividend and a dividend yield of 1.94%. American Homes 4 Rent’s payout ratio is 153.19%.
American Homes 4 Rent Company Profile
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
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Receive News & Ratings for American Homes 4 Rent Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for American Homes 4 Rent and related companies with MarketBeat.com’s FREE daily email newsletter.
American Homes 4 Rent (NYSE:AMH – Get Rating) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
Other equities analysts have also issued reports about the stock. Oppenheimer initiated coverage on shares of American Homes 4 Rent in a research report on Monday. They issued a “market perform” rating and a $35.00 price target for the company. BMO Capital Markets began coverage on shares of American Homes 4 Rent in a research report on Thursday, April 14th. They set an “outperform” rating and a $46.00 target price for the company. JPMorgan Chase & Co. dropped their target price on shares of American Homes 4 Rent from $46.00 to $44.00 and set an “overweight” rating for the company in a research report on Tuesday, March 22nd. Credit Suisse Group dropped their target price on shares of American Homes 4 Rent from $44.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, June 23rd. Finally, Morgan Stanley dropped their target price on shares of American Homes 4 Rent from $39.00 to $37.50 and set an “equal weight” rating for the company in a research report on Friday, July 15th. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $42.74.
American Homes 4 Rent Stock Performance
AMH opened at $35.87 on Tuesday. The firm has a market cap of $12.49 billion, a P/E ratio of 76.68, a PEG ratio of 2.94 and a beta of 0.58. American Homes 4 Rent has a 1-year low of $32.60 and a 1-year high of $44.07. The company has a 50 day simple moving average of $35.92 and a two-hundred day simple moving average of $38.36. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.64 and a quick ratio of 0.64.
American Homes 4 Rent (NYSE:AMH – Get Rating) last posted its quarterly earnings results on Thursday, May 5th. The real estate investment trust reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The business had revenue of $356.11 million during the quarter, compared to analyst estimates of $355.76 million. American Homes 4 Rent had a net margin of 13.74% and a return on equity of 3.05%. The company’s revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 earnings per share. Equities analysts forecast that American Homes 4 Rent will post 1.56 earnings per share for the current fiscal year.
Insider Activity
In other news, Director Tamara Hughes Gustavson bought 200,000 shares of American Homes 4 Rent stock in a transaction dated Thursday, May 12th. The shares were acquired at an average price of $35.71 per share, with a total value of $7,142,000.00. Following the completion of the purchase, the director now owns 8,830,956 shares in the company, valued at approximately $315,353,438.76. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last quarter, insiders have bought 200,706 shares of company stock valued at $7,161,700. 6.03% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the stock. Ellevest Inc. increased its stake in American Homes 4 Rent by 86.2% in the 2nd quarter. Ellevest Inc. now owns 728 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 337 shares during the period. UMB Bank N A MO purchased a new position in American Homes 4 Rent in the 1st quarter worth about $27,000. Allworth Financial LP purchased a new position in American Homes 4 Rent in the 1st quarter worth about $32,000. Charter Oak Capital Management LLC purchased a new position in American Homes 4 Rent in the 4th quarter worth about $35,000. Finally, AdvisorNet Financial Inc increased its stake in American Homes 4 Rent by 253.2% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,116 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 800 shares during the period. Hedge funds and other institutional investors own 88.49% of the company’s stock.
American Homes 4 Rent Company Profile
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
Recommended Stories
Receive News & Ratings for American Homes 4 Rent Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for American Homes 4 Rent and related companies with MarketBeat.com’s FREE daily email newsletter.
American Homes 4 Rent (NYSE:AMH – Get Rating) had its target price dropped by Morgan Stanley from $39.00 to $37.50 in a research report issued on Friday, The Fly reports. The brokerage presently has an “equal weight” rating on the real estate investment trust’s stock. Morgan Stanley’s price target would suggest a potential upside of 3.96% from the stock’s current price.
Several other analysts also recently commented on the company. StockNews.com downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Monday, June 13th. Evercore ISI set a $40.00 price target on American Homes 4 Rent in a research note on Monday, June 20th. Credit Suisse Group dropped their price target on American Homes 4 Rent from $44.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, June 23rd. Jefferies Financial Group dropped their price target on American Homes 4 Rent from $44.00 to $41.00 and set a “buy” rating on the stock in a research note on Thursday, June 30th. Finally, Raymond James reissued a “strong-buy” rating and issued a $45.00 price target (down previously from $48.00) on shares of American Homes 4 Rent in a research note on Thursday, June 23rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, American Homes 4 Rent presently has a consensus rating of “Moderate Buy” and an average price target of $43.22.
American Homes 4 Rent Price Performance
AMH stock opened at $36.07 on Friday. The company has a market capitalization of $12.56 billion, a PE ratio of 76.74, a P/E/G ratio of 2.92 and a beta of 0.58. American Homes 4 Rent has a 52-week low of $32.60 and a 52-week high of $44.07. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.55. The stock’s 50 day moving average is $35.90 and its two-hundred day moving average is $38.46.
American Homes 4 Rent (NYSE:AMH – Get Rating) last issued its quarterly earnings data on Thursday, May 5th. The real estate investment trust reported $0.16 EPS for the quarter, topping the consensus estimate of $0.11 by $0.05. The business had revenue of $356.11 million for the quarter, compared to the consensus estimate of $355.76 million. American Homes 4 Rent had a return on equity of 3.05% and a net margin of 13.74%. The firm’s revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.32 EPS. Analysts predict that American Homes 4 Rent will post 1.56 earnings per share for the current fiscal year.
Insider Buying and Selling
In other American Homes 4 Rent news, Director Tamara Hughes Gustavson purchased 200,000 shares of American Homes 4 Rent stock in a transaction that occurred on Thursday, May 12th. The stock was acquired at an average price of $35.71 per share, for a total transaction of $7,142,000.00. Following the completion of the acquisition, the director now owns 8,830,956 shares of the company’s stock, valued at approximately $315,353,438.76. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last 90 days, insiders acquired 200,706 shares of company stock worth $7,161,700. Company insiders own 6.03% of the company’s stock.
Institutional Investors Weigh In On American Homes 4 Rent
A number of institutional investors have recently made changes to their positions in the company. IFM Investors Pty Ltd bought a new stake in shares of American Homes 4 Rent during the second quarter worth approximately $2,138,000. Raymond James Trust N.A. boosted its holdings in shares of American Homes 4 Rent by 15.9% during the second quarter. Raymond James Trust N.A. now owns 6,129 shares of the real estate investment trust’s stock worth $217,000 after acquiring an additional 842 shares during the period. Gateway Investment Advisers LLC boosted its holdings in shares of American Homes 4 Rent by 1.3% during the second quarter. Gateway Investment Advisers LLC now owns 363,549 shares of the real estate investment trust’s stock worth $12,884,000 after acquiring an additional 4,788 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of American Homes 4 Rent by 76.9% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 57,486 shares of the real estate investment trust’s stock worth $2,037,000 after acquiring an additional 24,981 shares during the period. Finally, Manning & Napier Group LLC boosted its holdings in shares of American Homes 4 Rent by 43.0% during the second quarter. Manning & Napier Group LLC now owns 250,717 shares of the real estate investment trust’s stock worth $8,884,000 after acquiring an additional 75,449 shares during the period. Institutional investors own 88.49% of the company’s stock.
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
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American Homes 4 Rent (NYSE:AMH – Get Rating) had its price target lowered by equities research analysts at Morgan Stanley from $39.00 to $37.50 in a report issued on Friday, The Fly reports. Morgan Stanley’s target price would suggest a potential upside of 3.53% from the company’s previous close.
Other equities research analysts have also recently issued reports about the company. Mizuho decreased their price objective on American Homes 4 Rent from $44.00 to $42.00 and set a “buy” rating for the company in a research note on Wednesday, July 6th. Capital One Financial began coverage on American Homes 4 Rent in a research note on Friday, July 8th. They issued an “overweight” rating and a $43.00 price target for the company. Evercore ISI set a $40.00 price target on American Homes 4 Rent in a research note on Monday, June 20th. JPMorgan Chase & Co. decreased their price target on American Homes 4 Rent from $46.00 to $44.00 and set an “overweight” rating for the company in a research note on Tuesday, March 22nd. Finally, B. Riley decreased their price target on American Homes 4 Rent from $47.00 to $43.00 in a research note on Wednesday, May 11th. One analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.22.
American Homes 4 Rent Stock Up 2.0 %
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Shares of NYSE AMH traded up $0.70 during mid-day trading on Friday, reaching $36.22. 31,535 shares of the company were exchanged, compared to its average volume of 2,855,283. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.55. The stock has a market cap of $12.62 billion, a price-to-earnings ratio of 77.02, a P/E/G ratio of 2.88 and a beta of 0.58. American Homes 4 Rent has a 1 year low of $32.60 and a 1 year high of $44.07. The firm has a 50-day moving average of $35.93 and a 200 day moving average of $38.55.
American Homes 4 Rent (NYSE:AMH – Get Rating) last issued its quarterly earnings data on Thursday, May 5th. The real estate investment trust reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The firm had revenue of $356.11 million during the quarter, compared to analysts’ expectations of $355.76 million. American Homes 4 Rent had a return on equity of 3.05% and a net margin of 13.74%. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 EPS. On average, research analysts expect that American Homes 4 Rent will post 1.56 earnings per share for the current year.
Insider Buying and Selling
In other American Homes 4 Rent news, Director Tamara Hughes Gustavson acquired 200,000 shares of the company’s stock in a transaction on Thursday, May 12th. The shares were bought at an average cost of $35.71 per share, with a total value of $7,142,000.00. Following the completion of the acquisition, the director now owns 8,830,956 shares in the company, valued at $315,353,438.76. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have purchased a total of 200,706 shares of company stock valued at $7,161,700 over the last ninety days. Company insiders own 6.03% of the company’s stock.
Institutional Trading of American Homes 4 Rent
Several institutional investors have recently bought and sold shares of AMH. Whittier Trust Co. of Nevada Inc. lifted its position in shares of American Homes 4 Rent by 31.2% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,172 shares of the real estate investment trust’s stock valued at $51,000 after acquiring an additional 279 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of American Homes 4 Rent by 0.3% in the first quarter. Oppenheimer Asset Management Inc. now owns 114,931 shares of the real estate investment trust’s stock valued at $4,601,000 after acquiring an additional 358 shares in the last quarter. National Asset Management Inc. lifted its position in shares of American Homes 4 Rent by 6.1% in the fourth quarter. National Asset Management Inc. now owns 6,261 shares of the real estate investment trust’s stock valued at $274,000 after acquiring an additional 360 shares in the last quarter. Family Management Corp lifted its position in American Homes 4 Rent by 0.7% during the first quarter. Family Management Corp now owns 54,815 shares of the real estate investment trust’s stock worth $2,194,000 after buying an additional 363 shares in the last quarter. Finally, Hotaling Investment Management LLC lifted its position in American Homes 4 Rent by 6.5% during the first quarter. Hotaling Investment Management LLC now owns 6,349 shares of the real estate investment trust’s stock worth $254,000 after buying an additional 389 shares in the last quarter. 88.49% of the stock is owned by institutional investors and hedge funds.
American Homes 4 Rent Company Profile
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should you invest $1,000 in American Homes 4 Rent right now?
Before you consider American Homes 4 Rent, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Cwm LLC lowered its stake in shares of American Homes 4 Rent (NYSE:AMH – Get Rating) by 52.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,149 shares of the real estate investment trust’s stock after selling 2,355 shares during the quarter. Cwm LLC’s holdings in American Homes 4 Rent were worth $86,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of American Homes 4 Rent by 31.2% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,172 shares of the real estate investment trust’s stock worth $51,000 after buying an additional 279 shares during the last quarter. National Asset Management Inc. boosted its holdings in American Homes 4 Rent by 6.1% in the 4th quarter. National Asset Management Inc. now owns 6,261 shares of the real estate investment trust’s stock valued at $274,000 after purchasing an additional 360 shares in the last quarter. Makena Capital Management LLC boosted its holdings in American Homes 4 Rent by 0.3% in the 4th quarter. Makena Capital Management LLC now owns 177,345 shares of the real estate investment trust’s stock valued at $7,734,000 after purchasing an additional 457 shares in the last quarter. Whittier Trust Co. boosted its holdings in American Homes 4 Rent by 115.8% in the 4th quarter. Whittier Trust Co. now owns 1,079 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 579 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in American Homes 4 Rent by 4.9% in the 4th quarter. CIBC Asset Management Inc now owns 13,476 shares of the real estate investment trust’s stock valued at $588,000 after purchasing an additional 631 shares in the last quarter. 88.49% of the stock is currently owned by hedge funds and other institutional investors.
AMH stock opened at $35.52 on Friday. The stock has a market capitalization of $12.37 billion, a P/E ratio of 75.57, a PEG ratio of 2.88 and a beta of 0.58. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 0.64. American Homes 4 Rent has a one year low of $32.60 and a one year high of $44.07. The company has a 50 day moving average price of $35.93 and a two-hundred day moving average price of $38.55.
American Homes 4 Rent (NYSE:AMH – Get Rating) last announced its quarterly earnings data on Thursday, May 5th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.05. American Homes 4 Rent had a net margin of 13.74% and a return on equity of 3.05%. The company had revenue of $356.11 million during the quarter, compared to analysts’ expectations of $355.76 million. During the same period in the previous year, the company earned $0.32 EPS. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. Research analysts forecast that American Homes 4 Rent will post 1.56 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th were paid a dividend of $0.18 per share. The ex-dividend date was Tuesday, June 14th. This represents a $0.72 annualized dividend and a dividend yield of 2.03%. American Homes 4 Rent’s dividend payout ratio is presently 153.19%.
In related news, Director Tamara Hughes Gustavson acquired 200,000 shares of the stock in a transaction dated Thursday, May 12th. The stock was bought at an average cost of $35.71 per share, with a total value of $7,142,000.00. Following the purchase, the director now directly owns 8,830,956 shares of the company’s stock, valued at $315,353,438.76. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders have bought a total of 200,706 shares of company stock valued at $7,161,700 over the last three months. Corporate insiders own 6.03% of the company’s stock.
A number of equities research analysts have weighed in on the company. Mizuho lowered their price objective on American Homes 4 Rent from $44.00 to $42.00 and set a “buy” rating on the stock in a report on Wednesday, July 6th. Raymond James reiterated a “strong-buy” rating and set a $45.00 price target (down from $48.00) on shares of American Homes 4 Rent in a research report on Thursday, June 23rd. StockNews.com downgraded shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Monday, June 13th. Evercore ISI set a $40.00 price target on shares of American Homes 4 Rent in a research report on Monday, June 20th. Finally, Morgan Stanley reduced their price target on shares of American Homes 4 Rent from $41.00 to $39.00 and set an “equal weight” rating for the company in a research report on Friday, May 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $43.31.
American Homes 4 Rent Profile (Get Rating)
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
Further Reading
Want to see what other hedge funds are holding AMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Homes 4 Rent (NYSE:AMH – Get Rating).
Receive News & Ratings for American Homes 4 Rent Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for American Homes 4 Rent and related companies with MarketBeat.com’s FREE daily email newsletter.
American Homes 4 Rent (NYSE:AMH – Get Rating) has earned a consensus rating of “Moderate Buy” from the twenty ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $43.31.
AMH has been the topic of a number of research reports. Capital One Financial initiated coverage on shares of American Homes 4 Rent in a research note on Friday. They issued an “overweight” rating and a $43.00 price target on the stock. Mizuho cut their price target on shares of American Homes 4 Rent from $44.00 to $42.00 and set a “buy” rating on the stock in a research note on Wednesday, July 6th. B. Riley cut their price objective on shares of American Homes 4 Rent from $47.00 to $43.00 in a research report on Wednesday, May 11th. Evercore ISI set a $40.00 price objective on shares of American Homes 4 Rent in a research report on Monday, June 20th. Finally, Credit Suisse Group cut their price objective on shares of American Homes 4 Rent from $44.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, June 23rd.
In related news, Director Tamara Hughes Gustavson acquired 200,000 shares of the firm’s stock in a transaction on Thursday, May 12th. The shares were purchased at an average cost of $35.71 per share, for a total transaction of $7,142,000.00. Following the completion of the acquisition, the director now directly owns 8,830,956 shares in the company, valued at $315,353,438.76. The purchase was disclosed in a filing with the SEC, which is available at this link. Over the last quarter, insiders acquired 200,706 shares of company stock worth $7,161,700. Corporate insiders own 6.03% of the company’s stock.
Several large investors have recently added to or reduced their stakes in AMH. Norges Bank bought a new stake in shares of American Homes 4 Rent in the fourth quarter valued at about $701,205,000. Centersquare Investment Management LLC boosted its position in shares of American Homes 4 Rent by 725.9% in the first quarter. Centersquare Investment Management LLC now owns 4,816,638 shares of the real estate investment trust’s stock valued at $192,810,000 after acquiring an additional 4,233,435 shares during the period. Vanguard Group Inc. boosted its position in shares of American Homes 4 Rent by 8.9% in the first quarter. Vanguard Group Inc. now owns 43,405,083 shares of the real estate investment trust’s stock valued at $1,737,505,000 after acquiring an additional 3,533,157 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of American Homes 4 Rent by 54.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 8,256,460 shares of the real estate investment trust’s stock valued at $360,064,000 after acquiring an additional 2,921,537 shares during the period. Finally, BlackRock Inc. boosted its position in shares of American Homes 4 Rent by 11.3% in the fourth quarter. BlackRock Inc. now owns 23,487,597 shares of the real estate investment trust’s stock valued at $1,024,294,000 after acquiring an additional 2,384,487 shares during the period. Hedge funds and other institutional investors own 88.49% of the company’s stock.
American Homes 4 Rent stock opened at $35.89 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.64 and a quick ratio of 0.64. American Homes 4 Rent has a fifty-two week low of $32.60 and a fifty-two week high of $44.07. The company’s 50 day simple moving average is $36.08 and its 200 day simple moving average is $38.64. The firm has a market capitalization of $12.50 billion, a price-to-earnings ratio of 76.36, a PEG ratio of 2.94 and a beta of 0.58.
American Homes 4 Rent (NYSE:AMH – Get Rating) last announced its quarterly earnings results on Thursday, May 5th. The real estate investment trust reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05. American Homes 4 Rent had a net margin of 13.74% and a return on equity of 3.05%. The firm had revenue of $356.11 million for the quarter, compared to analyst estimates of $355.76 million. During the same quarter in the previous year, the firm posted $0.32 earnings per share. The business’s revenue was up 13.9% on a year-over-year basis. As a group, analysts predict that American Homes 4 Rent will post 1.56 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th were issued a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, June 14th. This represents a $0.72 annualized dividend and a dividend yield of 2.01%. American Homes 4 Rent’s dividend payout ratio is currently 153.19%.
American Homes 4 Rent Company Profile (Get Rating)
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
Further Reading
Receive News & Ratings for American Homes 4 Rent Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for American Homes 4 Rent and related companies with MarketBeat.com’s FREE daily email newsletter.
Shares of American Homes 4 Rent (NYSE:AMH – Get Rating) have been assigned an average rating of “Moderate Buy” from the twenty research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $43.31.
AMH has been the topic of several research analyst reports. StockNews.com cut shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Monday, June 13th. B. Riley decreased their price objective on shares of American Homes 4 Rent from $47.00 to $43.00 in a research report on Wednesday, May 11th. Jefferies Financial Group decreased their price objective on shares of American Homes 4 Rent from $44.00 to $41.00 and set a “buy” rating on the stock in a research report on Thursday, June 30th. Raymond James restated a “strong-buy” rating and issued a $45.00 price objective (down from $48.00) on shares of American Homes 4 Rent in a research report on Thursday, June 23rd. Finally, Credit Suisse Group cut their target price on American Homes 4 Rent from $44.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, June 23rd.
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In other news, Director Tamara Hughes Gustavson acquired 200,000 shares of the firm’s stock in a transaction on Thursday, May 12th. The stock was acquired at an average price of $35.71 per share, for a total transaction of $7,142,000.00. Following the completion of the acquisition, the director now owns 8,830,956 shares in the company, valued at $315,353,438.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders acquired 200,706 shares of company stock valued at $7,161,700. 6.03% of the stock is owned by corporate insiders.
Several large investors have recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of American Homes 4 Rent by 31.2% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,172 shares of the real estate investment trust’s stock valued at $51,000 after acquiring an additional 279 shares in the last quarter. Oppenheimer Asset Management Inc. increased its holdings in shares of American Homes 4 Rent by 0.3% during the first quarter. Oppenheimer Asset Management Inc. now owns 114,931 shares of the real estate investment trust’s stock valued at $4,601,000 after acquiring an additional 358 shares in the last quarter. National Asset Management Inc. increased its holdings in shares of American Homes 4 Rent by 6.1% during the fourth quarter. National Asset Management Inc. now owns 6,261 shares of the real estate investment trust’s stock valued at $274,000 after acquiring an additional 360 shares in the last quarter. Family Management Corp increased its holdings in shares of American Homes 4 Rent by 0.7% during the first quarter. Family Management Corp now owns 54,815 shares of the real estate investment trust’s stock valued at $2,194,000 after acquiring an additional 363 shares in the last quarter. Finally, Hotaling Investment Management LLC increased its holdings in shares of American Homes 4 Rent by 6.5% during the first quarter. Hotaling Investment Management LLC now owns 6,349 shares of the real estate investment trust’s stock valued at $254,000 after acquiring an additional 389 shares in the last quarter. Hedge funds and other institutional investors own 88.49% of the company’s stock.
Shares of AMH opened at $35.83 on Friday. The business’s 50-day moving average price is $36.13 and its 200-day moving average price is $38.74. American Homes 4 Rent has a twelve month low of $32.60 and a twelve month high of $44.07. The stock has a market cap of $12.48 billion, a PE ratio of 76.23, a P/E/G ratio of 2.95 and a beta of 0.58. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.55.
American Homes 4 Rent (NYSE:AMH – Get Rating) last announced its quarterly earnings results on Thursday, May 5th. The real estate investment trust reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.05. The firm had revenue of $356.11 million for the quarter, compared to analysts’ expectations of $355.76 million. American Homes 4 Rent had a return on equity of 3.05% and a net margin of 13.74%. The company’s revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 earnings per share. Analysts expect that American Homes 4 Rent will post 1.56 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th were issued a $0.18 dividend. The ex-dividend date was Tuesday, June 14th. This represents a $0.72 dividend on an annualized basis and a yield of 2.01%. American Homes 4 Rent’s dividend payout ratio (DPR) is 153.19%.
About American Homes 4 Rent (Get Rating)
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should you invest $1,000 in American Homes 4 Rent right now?
Before you consider American Homes 4 Rent, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and American Homes 4 Rent wasn’t on the list.
While American Homes 4 Rent currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.