American Homes 4 Rent (NYSE:AMH) Given Average Recommendation of "Moderate Buy" by Analysts

American Homes 4 Rent (NYSE:AMH - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the fourteen research firms that are covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $40.89.

Several analysts have issued reports on AMH shares. Scotiabank raised their price target on shares of American Homes 4 Rent from $38.00 to $41.00 and gave the stock a "sector perform" rating in a research report on Monday, May 12th. Raymond James lifted their price target on shares of American Homes 4 Rent from $39.00 to $43.00 and gave the company an "outperform" rating in a report on Friday, May 9th. Mizuho cut their price target on shares of American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating for the company in a report on Thursday, March 13th. Keefe, Bruyette & Woods lifted their price target on shares of American Homes 4 Rent from $38.00 to $40.00 and gave the company a "market perform" rating in a report on Tuesday, May 6th. Finally, Morgan Stanley lifted their price target on shares of American Homes 4 Rent from $39.00 to $40.50 and gave the company an "overweight" rating in a report on Thursday, May 22nd.

American Homes 4 Rent Trading Down 1.1%

Shares of NYSE:AMH traded down $0.42 during mid-day trading on Friday, hitting $37.30. The stock had a trading volume of 1,191,639 shares, compared to its average volume of 2,187,982. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.76. The company has a market cap of $13.81 billion, a PE ratio of 34.51, a P/E/G ratio of 3.56 and a beta of 0.78. American Homes 4 Rent has a 12-month low of $31.68 and a 12-month high of $41.41. The company's 50 day moving average is $37.06 and its 200-day moving average is $36.57.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.01. The company had revenue of $459.28 million during the quarter, compared to the consensus estimate of $449.00 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. The company's revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.43 EPS. On average, sell-side analysts predict that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date of this dividend is Friday, June 13th. American Homes 4 Rent's dividend payout ratio is currently 111.11%.

Insider Activity

In other American Homes 4 Rent news, CAO Sara H. Vogt-Lowell sold 42,500 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $39.01, for a total transaction of $1,657,925.00. Following the completion of the sale, the chief accounting officer now owns 99,214 shares in the company, valued at approximately $3,870,338.14. The trade was a 29.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jack E. Corrigan purchased 4,000 shares of the firm's stock in a transaction on Monday, May 5th. The shares were acquired at an average price of $23.42 per share, with a total value of $93,680.00. Following the purchase, the director now directly owns 12,000 shares in the company, valued at $281,040. This represents a 50.00% increase in their position. The disclosure for this purchase can be found here. Insiders own 6.01% of the company's stock.

Institutional Trading of American Homes 4 Rent

Several institutional investors have recently made changes to their positions in the company. GF Fund Management CO. LTD. grew its position in American Homes 4 Rent by 5.1% during the first quarter. GF Fund Management CO. LTD. now owns 6,288 shares of the real estate investment trust's stock valued at $238,000 after buying an additional 304 shares during the period. Atria Investments Inc grew its position in American Homes 4 Rent by 0.4% during the fourth quarter. Atria Investments Inc now owns 84,843 shares of the real estate investment trust's stock valued at $3,175,000 after buying an additional 316 shares during the period. Arizona State Retirement System lifted its holdings in American Homes 4 Rent by 0.4% during the first quarter. Arizona State Retirement System now owns 96,005 shares of the real estate investment trust's stock valued at $3,630,000 after purchasing an additional 366 shares during the last quarter. Assetmark Inc. lifted its holdings in American Homes 4 Rent by 37.1% during the fourth quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock valued at $52,000 after purchasing an additional 375 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its holdings in shares of American Homes 4 Rent by 11.9% in the fourth quarter. Quadrant Capital Group LLC now owns 3,532 shares of the real estate investment trust's stock worth $132,000 after buying an additional 376 shares in the last quarter. Institutional investors own 91.87% of the company's stock.

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.