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

Shares of American Homes 4 Rent (NYSE:AMH - Get Free Report) have received an average recommendation of "Moderate Buy" from the fifteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $40.90.

Several equities analysts recently issued reports on the company. Royal Bank Of Canada upped their target price on American Homes 4 Rent from $39.00 to $41.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Evercore ISI increased their price objective on American Homes 4 Rent from $40.00 to $41.00 and gave the company an "outperform" rating in a report on Friday, May 2nd. Morgan Stanley increased their price target 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. Keefe, Bruyette & Woods increased their price objective on shares of American Homes 4 Rent from $38.00 to $40.00 and gave the stock a "market perform" rating in a research note on Tuesday, May 6th. Finally, Mizuho cut their price objective on shares of American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating on the stock in a research note on Thursday, March 13th.

American Homes 4 Rent Stock Down 0.2%

NYSE:AMH traded down $0.09 during mid-day trading on Wednesday, hitting $36.44. 2,798,843 shares of the company's stock traded hands, compared to its average volume of 2,203,113. The company has a fifty day moving average of $37.36 and a 200 day moving average of $36.45. American Homes 4 Rent has a twelve month low of $31.68 and a twelve month high of $41.41. The company has a market capitalization of $13.49 billion, a P/E ratio of 33.74, a P/E/G ratio of 3.80 and a beta of 0.76. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.52 and a current ratio of 0.52.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.01. American Homes 4 Rent had a net margin of 23.41% and a return on equity of 5.45%. The firm had revenue of $459.28 million for the quarter, compared to the consensus estimate of $449.00 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. The company's revenue for the quarter was up 8.4% compared to the same quarter last year. On average, analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date is Friday, June 13th. American Homes 4 Rent's dividend payout ratio is presently 111.11%.

Insiders Place Their Bets

In other American Homes 4 Rent news, CAO Sara H. Vogt-Lowell sold 42,500 shares of American Homes 4 Rent 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 sale, the chief accounting officer now owns 99,214 shares of the company's stock, valued at $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 is available through this hyperlink. Also, Director Jack E. Corrigan purchased 4,000 shares of the stock in a transaction that occurred on Monday, May 5th. The shares were acquired at an average price of $23.42 per share, for a total transaction of $93,680.00. Following the completion of the transaction, the director now directly owns 12,000 shares of the company's stock, valued at $281,040. The trade was a 50.00% increase in their position. The disclosure for this purchase can be found here. 6.32% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Strs Ohio acquired a new position in American Homes 4 Rent during the first quarter worth $9,412,000. Focus Partners Wealth boosted its stake in American Homes 4 Rent by 2.6% during the first quarter. Focus Partners Wealth now owns 689,485 shares of the real estate investment trust's stock worth $26,069,000 after buying an additional 17,737 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of American Homes 4 Rent by 21.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,883,018 shares of the real estate investment trust's stock valued at $146,817,000 after acquiring an additional 695,500 shares during the last quarter. Adelante Capital Management LLC boosted its position in shares of American Homes 4 Rent by 9.0% during the 1st quarter. Adelante Capital Management LLC now owns 913,578 shares of the real estate investment trust's stock valued at $34,542,000 after acquiring an additional 75,775 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of American Homes 4 Rent by 1,103.6% during the 1st quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust's stock valued at $493,000 after acquiring an additional 11,963 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

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.