American Homes 4 Rent (NYSE:AMH) Receives Consensus Recommendation of "Moderate Buy" from Analysts

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

A number of research firms have recently commented on AMH. Barclays boosted their price target on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 12th. Raymond James upped their price objective on shares of American Homes 4 Rent from $39.00 to $43.00 and gave the company an "outperform" rating in a research note on Friday, May 9th. Wall Street Zen upgraded shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Morgan Stanley upped their price objective on shares of American Homes 4 Rent from $39.00 to $40.50 and gave the stock an "overweight" rating in a report on Thursday, May 22nd. Finally, Scotiabank upped their price objective on shares of American Homes 4 Rent from $38.00 to $41.00 and gave the stock a "sector perform" rating in a report on Monday, May 12th.

American Homes 4 Rent Stock Performance

Shares of NYSE:AMH traded up $0.21 during mid-day trading on Friday, reaching $37.46. The company had a trading volume of 1,551,848 shares, compared to its average volume of 2,195,766. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64. The firm has a market cap of $13.87 billion, a price-to-earnings ratio of 34.69, a PEG ratio of 3.56 and a beta of 0.78. The company's 50-day moving average price is $37.08 and its 200-day moving average price is $36.57. American Homes 4 Rent has a one year low of $31.68 and a one year high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.01. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. The business had revenue of $459.28 million during the quarter, compared to analyst estimates of $449.00 million. During the same period in the previous year, the business earned $0.43 EPS. American Homes 4 Rent's revenue was up 8.4% compared to the same quarter last year. As a group, equities research analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The firm also recently declared 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 annualized dividend and a dividend yield of 3.20%. The ex-dividend date is Friday, June 13th. American Homes 4 Rent's dividend payout ratio is currently 111.11%.

Insiders Place Their Bets

In other news, CAO Sara H. Vogt-Lowell sold 42,500 shares of the business's stock in a transaction that occurred 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jack E. Corrigan acquired 4,000 shares of American Homes 4 Rent stock in a transaction dated Monday, May 5th. The shares were bought at an average price of $23.42 per share, with a total value of $93,680.00. Following the transaction, the director now directly owns 12,000 shares in the company, valued at approximately $281,040. The trade was a 50.00% increase in their position. The disclosure for this purchase can be found here. 6.01% of the stock is owned by insiders.

Hedge Funds Weigh In On American Homes 4 Rent

A number of large investors have recently bought and sold shares of AMH. Mountain Hill Investment Partners Corp. purchased a new position in shares of American Homes 4 Rent in the 4th quarter valued at about $26,000. Golden State Wealth Management LLC purchased a new position in American Homes 4 Rent in the first quarter valued at approximately $29,000. National Pension Service acquired a new stake in American Homes 4 Rent in the fourth quarter valued at approximately $30,000. Parallel Advisors LLC grew its position in shares of American Homes 4 Rent by 171.1% during the first quarter. Parallel Advisors LLC now owns 843 shares of the real estate investment trust's stock worth $32,000 after buying an additional 532 shares in the last quarter. Finally, Pandora Wealth Inc. acquired a new stake in shares of American Homes 4 Rent during the first quarter worth approximately $38,000. Hedge funds and other institutional investors own 91.87% of the company's stock.

American Homes 4 Rent Company Profile

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.