American Homes 4 Rent (AMH) Earning Somewhat Favorable Press Coverage, Study Finds
News articles about American Homes 4 Rent (NYSE:AMH) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American Homes 4 Rent earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 45.875021147723 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
American Homes 4 Rent (NYSE AMH) traded down $0.14 during mid-day trading on Tuesday, reaching $20.32. The company had a trading volume of 1,837,156 shares, compared to its average volume of 2,316,260. The company has a market cap of $5,870.00, a PE ratio of 2,032.00, a PEG ratio of 1.51 and a beta of 0.68. American Homes 4 Rent has a fifty-two week low of $20.30 and a fifty-two 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.
American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. The business had revenue of $246.80 million for the quarter, compared to analysts’ expectations of $247.96 million. American Homes 4 Rent had a return on equity of 1.15% and a net margin of 6.56%. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.24 EPS. analysts predict that American Homes 4 Rent will post 1.02 EPS for the current year.
Several analysts recently weighed in on AMH shares. BTIG Research started coverage on American Homes 4 Rent in a research note on Monday, October 9th. They issued a “buy” rating and a $26.00 price target on the stock. FBR & Co restated a “buy” rating and issued a $26.00 price target on shares of American Homes 4 Rent in a research note on Friday, September 29th. Citigroup started coverage on American Homes 4 Rent in a research note on Friday, October 20th. They issued a “buy” rating and a $25.00 price target on the stock. Evercore ISI upgraded American Homes 4 Rent from an “in-line” rating to an “outperform” rating and set a $24.50 price target on the stock in a research note on Monday, December 4th. Finally, TheStreet downgraded American Homes 4 Rent from a “b-” rating to a “c+” rating in a research note on Wednesday, January 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $25.22.
In other American Homes 4 Rent news, Director B Wayne Et Al Hughes acquired 292,977 shares of the stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average cost of $21.86 per share, with a total value of $6,404,477.22. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders purchased a total of 1,670,950 shares of company stock worth $35,816,444 over the last ninety days. 27.82% of the stock is currently owned by insiders.
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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