American Homes 4 Rent (NYSE:AMH) has been assigned a consensus rating of “Hold” from the eleven research firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $25.00.

Several equities analysts have weighed in on AMH shares. Zacks Investment Research raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Monday, July 24th. BidaskClub raised American Homes 4 Rent from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Mizuho raised American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $25.50 price objective for the company in a report on Monday, July 10th. Finally, BTIG Research started coverage on American Homes 4 Rent in a report on Monday, October 9th. They issued a “buy” rating and a $26.00 price objective for the company.

In other American Homes 4 Rent news, Director B Wayne Et Al Hughes purchased 1,372,200 shares of the stock in a transaction dated Thursday, September 14th. The stock was bought at an average price of $21.84 per share, with a total value of $29,968,848.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 27.82% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. raised its holdings in shares of American Homes 4 Rent by 5.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 365,000 shares of the real estate investment trust’s stock worth $7,924,000 after buying an additional 20,000 shares in the last quarter. Exane Derivatives acquired a new position in shares of American Homes 4 Rent during the 3rd quarter worth $662,000. Brookfield Asset Management Inc. raised its holdings in shares of American Homes 4 Rent by 29.6% during the 2nd quarter. Brookfield Asset Management Inc. now owns 7,889,445 shares of the real estate investment trust’s stock worth $178,065,000 after buying an additional 1,801,569 shares in the last quarter. Lord Abbett & CO. LLC raised its holdings in shares of American Homes 4 Rent by 1.6% during the 2nd quarter. Lord Abbett & CO. LLC now owns 219,100 shares of the real estate investment trust’s stock worth $4,945,000 after buying an additional 3,500 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of American Homes 4 Rent by 18.9% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 569,836 shares of the real estate investment trust’s stock worth $12,861,000 after buying an additional 90,469 shares in the last quarter. 93.74% of the stock is owned by institutional investors.

Shares of American Homes 4 Rent (AMH) traded up 0.94% on Wednesday, hitting $21.58. The company had a trading volume of 1,851,756 shares. The company’s market capitalization is $5.62 billion. The firm has a 50-day moving average price of $21.83 and a 200 day moving average price of $22.49. American Homes 4 Rent has a 12-month low of $19.63 and a 12-month high of $23.98.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.04). The firm had revenue of $237.00 million for the quarter, compared to analyst estimates of $236.28 million. American Homes 4 Rent had a return on equity of 0.70% and a net margin of 3.82%. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.25 earnings per share. Equities analysts expect that American Homes 4 Rent will post $0.05 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a $0.05 dividend. The ex-dividend date was Thursday, September 14th. This represents a $0.20 annualized dividend and a yield of 0.93%. American Homes 4 Rent’s dividend payout ratio is presently -181.82%.

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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.

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

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