American Homes 4 Rent (NYSE:AMH) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of American Homes 4 Rent (NYSE:AMH - Get Free Report) have earned an average recommendation of "Moderate Buy" from the fourteen analysts that are presently covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $40.14.

AMH has been the subject of several research reports. Mizuho cut their price objective on shares of American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating for the company in a research report on Thursday, March 13th. Royal Bank of Canada reduced their price target on American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating for the company in a research note on Monday, February 24th. Scotiabank downgraded American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 target price for the company. in a report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft downgraded shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and decreased their price target for the company from $40.00 to $37.00 in a research note on Tuesday, January 21st. Finally, Barclays boosted their price objective on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a report on Wednesday, March 12th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Atria Investments Inc raised its position in shares of American Homes 4 Rent by 0.4% in the 4th quarter. Atria Investments Inc now owns 84,843 shares of the real estate investment trust's stock worth $3,175,000 after acquiring an additional 316 shares in the last quarter. Assetmark Inc. raised its position in shares of American Homes 4 Rent by 37.1% in the 4th quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock worth $52,000 after acquiring an additional 375 shares in the last quarter. Quadrant Capital Group LLC raised its position in shares of American Homes 4 Rent by 11.9% in the 4th quarter. Quadrant Capital Group LLC now owns 3,532 shares of the real estate investment trust's stock worth $132,000 after acquiring an additional 376 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of American Homes 4 Rent by 56.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock worth $41,000 after acquiring an additional 392 shares in the last quarter. Finally, State of Michigan Retirement System raised its position in shares of American Homes 4 Rent by 0.5% in the 4th quarter. State of Michigan Retirement System now owns 75,100 shares of the real estate investment trust's stock worth $2,810,000 after acquiring an additional 400 shares in the last quarter. 91.87% of the stock is owned by institutional investors.

American Homes 4 Rent Price Performance

Shares of NYSE AMH opened at $37.27 on Tuesday. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.64. The business's 50 day moving average price is $36.11 and its two-hundred day moving average price is $36.43. The company has a market cap of $13.79 billion, a PE ratio of 34.51, a price-to-earnings-growth ratio of 3.56 and a beta of 0.73. American Homes 4 Rent has a twelve month low of $31.68 and a twelve month high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.30. The business had revenue of $436.59 million during the quarter, compared to the consensus estimate of $442.02 million. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. On average, analysts predict that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.30 per share. The ex-dividend date was Friday, March 14th. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.26. This represents a $1.20 annualized dividend and a yield of 3.22%. American Homes 4 Rent's payout ratio is presently 111.11%.

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.

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