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

Shares of American Homes 4 Rent (NYSE:AMH - Get Free Report) have been given an average rating of "Moderate Buy" by the fifteen research firms that are currently covering the firm, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $40.90.

AMH has been the topic of a number of recent analyst reports. Royal Bank Of Canada lifted their price objective on shares of American Homes 4 Rent from $39.00 to $41.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Barclays raised their target price on 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. Citigroup lowered American Homes 4 Rent from a "buy" rating to a "neutral" rating and set a $41.00 price target on the stock. in a research note on Friday, June 6th. Mizuho dropped their price objective on 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. Finally, Raymond James Financial lifted their target price on American Homes 4 Rent from $39.00 to $43.00 and gave the company an "outperform" rating in a research report on Friday, May 9th.

American Homes 4 Rent Price Performance

NYSE:AMH traded up $0.07 during trading hours on Wednesday, reaching $36.52. 1,582,772 shares of the company were exchanged, compared to its average volume of 2,203,528. The business has a 50 day moving average of $37.29 and a 200 day moving average of $36.47. American Homes 4 Rent has a 1-year low of $31.68 and a 1-year high of $41.41. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.52 and a quick ratio of 0.52. The company has a market capitalization of $13.52 billion, a P/E ratio of 33.81, a P/E/G ratio of 3.80 and a beta of 0.76.

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 for the quarter, beating analysts' consensus estimates of $0.45 by $0.01. American Homes 4 Rent had a return on equity of 5.45% and a net margin of 23.41%. The firm had revenue of $459.28 million during the quarter, compared to the consensus estimate of $449.00 million. During the same period in the prior year, the company posted $0.43 EPS. The company's revenue was up 8.4% compared to the same quarter last year. Research analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current 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 issued a dividend of $0.30 per share. The ex-dividend date is Friday, June 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.29%. American Homes 4 Rent's dividend payout ratio (DPR) is presently 111.11%.

Insider Buying and Selling

In related news, Director Jack E. Corrigan bought 4,000 shares of the business's stock in a transaction on Monday, May 5th. The shares were purchased at an average cost of $23.42 per share, with a total value of $93,680.00. Following the acquisition, the director now owns 12,000 shares of the company's stock, valued at $281,040. This represents a 50.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Sara H. Vogt-Lowell sold 42,500 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $39.01, for a total value of $1,657,925.00. Following the completion of the sale, the chief accounting officer now directly owns 99,214 shares of the company's stock, valued at approximately $3,870,338.14. The trade was a 29.99% decrease in their position. The disclosure for this sale can be found here. 6.32% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AMH. Mountain Hill Investment Partners Corp. bought a new position in American Homes 4 Rent during the fourth quarter worth $26,000. Golden State Wealth Management LLC acquired a new stake in American Homes 4 Rent during the 1st quarter worth about $29,000. National Pension Service acquired a new stake in American Homes 4 Rent during the 4th quarter worth about $30,000. Parallel Advisors LLC raised its position in shares of American Homes 4 Rent by 171.1% in the 1st quarter. Parallel Advisors LLC now owns 843 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 532 shares in the last quarter. Finally, Pandora Wealth Inc. acquired a new position in shares of American Homes 4 Rent in the 1st quarter valued at about $38,000. Institutional investors and hedge funds 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.