American Homes 4 Rent (NYSE:AMH) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of American Homes 4 Rent (NYSE:AMH) have been given an average recommendation of “Moderate Buy” by the fifteen research firms that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $41.60.

Several analysts have issued reports on the company. Wells Fargo & Company upgraded American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $36.00 to $42.00 in a report on Monday, August 26th. UBS Group upped their price target on shares of American Homes 4 Rent from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday, August 16th. The Goldman Sachs Group began coverage on shares of American Homes 4 Rent in a research report on Wednesday, September 4th. They set a “buy” rating and a $48.00 price objective on the stock. StockNews.com raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Saturday, August 10th. Finally, Barclays dropped their price target on American Homes 4 Rent from $43.00 to $42.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 29th.

Institutional Investors Weigh In On American Homes 4 Rent

Institutional investors and hedge funds have recently modified their holdings of the business. V Square Quantitative Management LLC acquired a new position in American Homes 4 Rent during the second quarter worth $32,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of American Homes 4 Rent in the second quarter worth about $44,000. Opal Wealth Advisors LLC bought a new stake in shares of American Homes 4 Rent during the 2nd quarter worth about $54,000. GAMMA Investing LLC increased its holdings in shares of American Homes 4 Rent by 24.1% during the 1st quarter. GAMMA Investing LLC now owns 1,557 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 302 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of American Homes 4 Rent by 24.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,588 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 310 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Trading Down 0.5 %

Shares of NYSE:AMH opened at $39.62 on Monday. The stock has a market capitalization of $14.51 billion, a price-to-earnings ratio of 40.43, a PEG ratio of 3.35 and a beta of 0.76. American Homes 4 Rent has a 1-year low of $31.36 and a 1-year high of $41.41. The company has a 50 day moving average price of $38.26 and a 200 day moving average price of $36.91. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.54 and a current ratio of 1.54.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.18). The company had revenue of $423.50 million during the quarter, compared to analyst estimates of $422.46 million. American Homes 4 Rent had a return on equity of 4.89% and a net margin of 21.83%. The business’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 earnings per share. On average, research analysts anticipate that American Homes 4 Rent will post 1.76 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend is Friday, September 13th. American Homes 4 Rent’s dividend payout ratio is 106.12%.

About American Homes 4 Rent

AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.