Brokerages expect that American Homes 4 Rent (NYSE:AMH) will post earnings per share (EPS) of $0.26 for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for American Homes 4 Rent’s earnings. The lowest EPS estimate is $0.25 and the highest is $0.28. The company is expected to issue its next earnings report after the market closes on Thursday, May 4th.

On average, analysts expect that American Homes 4 Rent will report full-year earnings of $1.08 per share for the current fiscal year, with EPS estimates ranging from $1.03 to $1.14. For the next fiscal year, analysts forecast that the firm will report earnings of $1.18 per share, with EPS estimates ranging from $1.14 to $1.24. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover American Homes 4 Rent.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, February 23rd. The real estate investment trust reported $0.26 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.26. American Homes 4 Rent had a negative return on equity of 0.45% and a negative net margin of 2.47%. The business earned $227.60 million during the quarter, compared to analyst estimates of $230.19 million. During the same period last year, the company earned $0.21 earnings per share. American Homes 4 Rent’s quarterly revenue was up 31.9% compared to the same quarter last year.



AMH has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of American Homes 4 Rent from a “buy” rating to a “hold” rating in a report on Monday, February 6th. Mizuho initiated coverage on shares of American Homes 4 Rent in a report on Wednesday, February 8th. They issued a “neutral” rating and a $23.00 target price on the stock. Credit Suisse Group AG initiated coverage on shares of American Homes 4 Rent in a report on Monday, February 27th. They issued a “neutral” rating and a $24.00 target price on the stock. Finally, FBR & Co reaffirmed a “buy” rating and issued a $26.00 target price on shares of American Homes 4 Rent in a report on Thursday, March 23rd. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $23.71.

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In related news, Director B Wayne Et Al Hughes purchased 2,192,982 shares of the stock in a transaction on Wednesday, March 22nd. The shares were purchased at an average cost of $22.80 per share, with a total value of $49,999,989.60. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 23.31% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Aperio Group LLC boosted its position in American Homes 4 Rent by 3.9% in the third quarter. Aperio Group LLC now owns 37,135 shares of the real estate investment trust’s stock valued at $804,000 after buying an additional 1,401 shares in the last quarter. NEXT Financial Group Inc boosted its position in American Homes 4 Rent by 59.8% in the third quarter. NEXT Financial Group Inc now owns 27,000 shares of the real estate investment trust’s stock valued at $584,000 after buying an additional 10,100 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its position in American Homes 4 Rent by 0.4% in the third quarter. Public Employees Retirement Association of Colorado now owns 5,363 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 21 shares in the last quarter. APG Asset Management US Inc. bought a new position in American Homes 4 Rent during the third quarter valued at $43,280,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in American Homes 4 Rent by 21.2% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 35,509 shares of the real estate investment trust’s stock valued at $768,000 after buying an additional 6,219 shares in the last quarter. 97.20% of the stock is currently owned by hedge funds and other institutional investors.

American Homes 4 Rent (NYSE:AMH) remained flat at $23.62 during trading on Tuesday. 1,141,495 shares of the stock were exchanged. The firm’s market capitalization is $5.75 billion. American Homes 4 Rent has a 1-year low of $15.60 and a 1-year high of $23.98. The firm has a 50 day moving average price of $23.13 and a 200 day moving average price of $21.72.

The business also recently declared a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Wednesday, March 15th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, March 13th. This represents a $0.20 annualized dividend and a yield of 0.85%. American Homes 4 Rent’s dividend payout ratio is currently -80.00%.

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.

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