Analysts Set American Homes 4 Rent (NYSE:AMH) PT at $37.93

Shares of American Homes 4 Rent (NYSE:AMHGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the fifteen ratings firms that are covering the company, MarketBeat reports. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $37.93.

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of American Homes 4 Rent in a research report on Tuesday, January 30th. They set a “buy” rating and a $40.00 price objective for the company. StockNews.com downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. BNP Paribas started coverage on American Homes 4 Rent in a report on Monday, January 22nd. They set an “outperform” rating and a $42.00 target price for the company. Finally, Jefferies Financial Group upgraded shares of American Homes 4 Rent from a “hold” rating to a “buy” rating and boosted their price target for the stock from $34.00 to $41.00 in a research note on Tuesday, January 2nd.

Read Our Latest Report on AMH

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan sold 25,000 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $36.60, for a total transaction of $915,000.00. Following the transaction, the director now owns 103,789 shares of the company’s stock, valued at $3,798,677.40. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, Director James H. Kropp sold 6,852 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $36.47, for a total transaction of $249,892.44. Following the transaction, the director now owns 29,202 shares of the company’s stock, valued at $1,064,996.94. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jack E. Corrigan sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $36.60, for a total value of $915,000.00. Following the sale, the director now directly owns 103,789 shares of the company’s stock, valued at $3,798,677.40. The disclosure for this sale can be found here. Insiders own 6.32% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. VisionPoint Advisory Group LLC purchased a new position in American Homes 4 Rent in the 3rd quarter valued at $26,000. Nemes Rush Group LLC acquired a new position in shares of American Homes 4 Rent during the second quarter worth about $31,000. Blue Trust Inc. raised its holdings in American Homes 4 Rent by 1,091.3% during the fourth quarter. Blue Trust Inc. now owns 953 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 873 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in American Homes 4 Rent in the 1st quarter valued at approximately $33,000. Finally, Spotlight Asset Group Inc. purchased a new stake in American Homes 4 Rent in the 2nd quarter valued at approximately $35,000. Institutional investors and hedge funds own 83.97% of the company’s stock.

American Homes 4 Rent Price Performance

Shares of AMH opened at $35.23 on Friday. The firm has a 50-day simple moving average of $35.58 and a two-hundred day simple moving average of $35.33. The stock has a market cap of $12.76 billion, a PE ratio of 33.88, a P/E/G ratio of 2.68 and a beta of 0.70. American Homes 4 Rent has a 1-year low of $28.78 and a 1-year high of $37.97. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.47 and a quick ratio of 0.47.

About American Homes 4 Rent

(Get Free Report

American Homes 4 Rent (NYSE: AMH), which does business as AMH, is a leading 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.

Further Reading

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

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