American Homes 4 Rent (NYSE:AMH) Receives Average Rating 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 presently covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $40.90.

AMH has been the topic of a number of recent analyst reports. Citigroup downgraded shares of American Homes 4 Rent from a "buy" rating to a "neutral" rating and set a $41.00 price objective on the stock. in a research report on Friday, June 6th. Raymond James Financial increased 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 report on Friday, May 9th. Keefe, Bruyette & Woods increased their price objective on shares of American Homes 4 Rent from $38.00 to $40.00 and gave the company a "market perform" rating in a research report on Tuesday, May 6th. Royal Bank Of Canada increased 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 report on Monday, May 5th. Finally, Scotiabank increased their price objective on shares of American Homes 4 Rent from $38.00 to $41.00 and gave the company a "sector perform" rating in a research report on Monday, May 12th.

American Homes 4 Rent Stock Up 0.1%

AMH traded up $0.04 during trading hours on Friday, hitting $35.77. 2,518,465 shares of the company's stock were exchanged, compared to its average volume of 2,229,567. American Homes 4 Rent has a 12-month low of $31.68 and a 12-month high of $41.41. The firm has a 50 day moving average of $37.03 and a 200 day moving average of $36.32. The firm has a market cap of $13.24 billion, a P/E ratio of 33.12, a price-to-earnings-growth ratio of 3.72 and a beta of 0.74. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.63.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share for the quarter, topping 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 period in the prior year, the firm earned $0.43 EPS. The firm's revenue for the quarter was up 8.4% on a year-over-year basis. Analysts predict that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.35%. The ex-dividend date was Friday, June 13th. American Homes 4 Rent's dividend payout ratio (DPR) is presently 111.11%.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Jack E. Corrigan bought 4,000 shares of American Homes 4 Rent stock in a transaction dated Thursday, June 12th. The stock was bought at an average price of $22.93 per share, for a total transaction of $91,720.00. Following the purchase, the director owned 15,000 shares of the company's stock, valued at approximately $343,950. The trade was a 36.36% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Sara H. Vogt-Lowell sold 42,500 shares of the firm's stock in a transaction on Monday, May 5th. The stock was 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 owned 99,214 shares of the company's stock, valued at $3,870,338.14. This trade represents 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 company insiders.

Institutional Trading of American Homes 4 Rent

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of American Homes 4 Rent by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 44,948,804 shares of the real estate investment trust's stock valued at $1,681,984,000 after purchasing an additional 240,583 shares in the last quarter. Norges Bank purchased a new position in shares of American Homes 4 Rent in the 4th quarter valued at about $822,019,000. JPMorgan Chase & Co. increased its holdings in shares of American Homes 4 Rent by 15.2% in the 1st quarter. JPMorgan Chase & Co. now owns 15,899,721 shares of the real estate investment trust's stock valued at $601,169,000 after purchasing an additional 2,094,497 shares in the last quarter. FMR LLC increased its holdings in shares of American Homes 4 Rent by 9.2% in the 4th quarter. FMR LLC now owns 8,983,364 shares of the real estate investment trust's stock valued at $336,157,000 after purchasing an additional 757,772 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of American Homes 4 Rent by 8.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,721,356 shares of the real estate investment trust's stock valued at $326,355,000 after purchasing an additional 675,077 shares in the last quarter. Institutional investors and hedge funds 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.