American Homes 4 Rent (NYSE:AMH) Given Average Rating of “Moderate Buy” by Analysts

Shares of American Homes 4 Rent (NYSE:AMH) have been assigned an average recommendation of “Moderate Buy” from the fifteen brokerages that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $41.40.

Several analysts have issued reports on the company. JMP Securities reissued a “market outperform” rating and issued a $41.00 price target on shares of American Homes 4 Rent in a research note on Tuesday, January 14th. Barclays initiated coverage on American Homes 4 Rent in a report on Tuesday, December 17th. They set an “equal weight” rating and a $39.00 price objective for the company. Mizuho boosted their price objective on American Homes 4 Rent from $39.00 to $40.00 and gave the stock an “outperform” rating in a report on Thursday, October 10th. Keefe, Bruyette & Woods dropped their price target on shares of American Homes 4 Rent from $39.00 to $38.00 and set a “market perform” rating for the company in a research report on Wednesday, November 6th. Finally, Evercore ISI upgraded shares of American Homes 4 Rent from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $41.00 to $42.00 in a research report on Monday, November 11th.

American Homes 4 Rent Stock Performance

AMH stock opened at $35.19 on Friday. The company has a market cap of $13.00 billion, a P/E ratio of 36.66, a price-to-earnings-growth ratio of 2.96 and a beta of 0.78. American Homes 4 Rent has a twelve month low of $33.75 and a twelve month high of $41.41. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.59. The business’s fifty day moving average is $37.04 and its 200-day moving average is $37.63.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.23). American Homes 4 Rent had a return on equity of 4.76% and a net margin of 21.51%. The business had revenue of $445.06 million for the quarter, compared to analyst estimates of $443.81 million. During the same period in the previous year, the business posted $0.41 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. Equities research analysts forecast that American Homes 4 Rent will post 1.77 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.26 per share. The ex-dividend date was Friday, December 13th. This represents a $1.04 annualized dividend and a dividend yield of 2.96%. American Homes 4 Rent’s dividend payout ratio is currently 108.33%.

Insider Activity

In other American Homes 4 Rent news, COO Bryan Smith sold 40,000 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $37.80, for a total value of $1,512,000.00. Following the completion of the sale, the chief operating officer now owns 125,580 shares in the company, valued at approximately $4,746,924. This trade represents a 24.16 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Douglas N. Benham acquired 3,286 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was purchased at an average price of $24.49 per share, with a total value of $80,474.14. Following the purchase, the director now owns 41,946 shares in the company, valued at approximately $1,027,257.54. The trade was a 8.50 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 6.05% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Maryland Capital Advisors Inc. bought a new position in American Homes 4 Rent in the 3rd quarter worth approximately $25,000. UMB Bank n.a. lifted its holdings in shares of American Homes 4 Rent by 331.9% during the 3rd quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 604 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of American Homes 4 Rent by 359.1% during the 3rd quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 790 shares during the last quarter. V Square Quantitative Management LLC lifted its stake in American Homes 4 Rent by 31.6% in the third quarter. V Square Quantitative Management LLC now owns 1,144 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 275 shares during the last quarter. Finally, Catalyst Capital Advisors LLC bought a new stake in American Homes 4 Rent in the third quarter worth $53,000. 91.87% of the stock is owned by institutional investors.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.