B. Riley set a $26.00 price target on American Homes 4 Rent (NYSE:AMH) in a research report report published on Tuesday morning. The brokerage currently has a buy rating on the real estate investment trust’s stock. B. Riley also issued estimates for American Homes 4 Rent’s Q1 2018 earnings at $0.28 EPS, Q3 2018 earnings at $0.29 EPS, Q2 2019 earnings at $0.32 EPS and Q3 2019 earnings at $0.32 EPS.

A number of other research analysts also recently commented on the company. Citigroup Inc. began coverage on American Homes 4 Rent in a report on Friday, October 20th. They issued a buy rating and a $25.00 price target for the company. BTIG Research began coverage on American Homes 4 Rent in a report on Monday, October 9th. They issued a buy rating and a $26.00 price target for the company. FBR & Co reissued a buy rating and issued a $26.00 price target on shares of American Homes 4 Rent in a report on Friday, September 29th. BidaskClub downgraded American Homes 4 Rent from a hold rating to a sell rating in a report on Friday, August 25th. Finally, Zacks Investment Research raised American Homes 4 Rent from a sell rating to a hold rating in a report on Tuesday, August 22nd. One analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $25.13.

Shares of American Homes 4 Rent (NYSE AMH) traded down $0.27 during midday trading on Tuesday, hitting $21.85. The stock had a trading volume of 1,919,000 shares, compared to its average volume of 2,026,038. American Homes 4 Rent has a 52 week low of $19.62 and a 52 week high of $23.98. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.51 and a quick ratio of 1.51. The stock has a market capitalization of $6,342.65, a P/E ratio of 21.48, a price-to-earnings-growth ratio of 1.90 and a beta of 0.69.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.25 EPS for the quarter, meeting analysts’ consensus estimates of $0.25. The firm had revenue of $246.80 million during the quarter, compared to the consensus estimate of $247.96 million. American Homes 4 Rent had a return on equity of 1.15% and a net margin of 6.56%. American Homes 4 Rent’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.24 earnings per share. sell-side analysts expect that American Homes 4 Rent will post 1.03 earnings per share for the current fiscal year.

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The business also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Tuesday, January 2nd will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date is Friday, December 29th. American Homes 4 Rent’s payout ratio is -2,000.00%.

In related news, Director B Wayne Et Al Hughes purchased 101,678 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were acquired at an average cost of $21.87 per share, for a total transaction of $2,223,697.86. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have bought a total of 1,766,855 shares of company stock worth $38,597,023 over the last quarter. Insiders own 27.82% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its position in American Homes 4 Rent by 169.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,442 shares of the real estate investment trust’s stock valued at $125,000 after acquiring an additional 3,423 shares during the period. Public Employees Retirement Association of Colorado increased its position in American Homes 4 Rent by 35.0% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 7,125 shares of the real estate investment trust’s stock valued at $161,000 after acquiring an additional 1,848 shares during the period. The Manufacturers Life Insurance Company increased its position in American Homes 4 Rent by 7.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,247 shares of the real estate investment trust’s stock valued at $164,000 after acquiring an additional 515 shares during the period. CIBC Asset Management Inc acquired a new stake in American Homes 4 Rent in the 3rd quarter valued at approximately $202,000. Finally, QCM Cayman Ltd. acquired a new stake in American Homes 4 Rent in the 2nd quarter valued at approximately $203,000. Hedge funds and other institutional investors own 94.29% of the company’s stock.

About American Homes 4 Rent

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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