American Homes 4 Rent (AMH) Projected to Post Quarterly Earnings on Thursday

American Homes 4 Rent (NYSE:AMH - Get Free Report) is projected to announce its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $442.02 million for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

American Homes 4 Rent Stock Performance

Shares of NYSE AMH traded down $0.62 during mid-day trading on Friday, hitting $35.21. The company had a trading volume of 2,710,696 shares, compared to its average volume of 2,262,991. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.58 and a quick ratio of 0.58. The business's 50-day simple moving average is $35.96 and its 200-day simple moving average is $37.44. American Homes 4 Rent has a 12 month low of $34.01 and a 12 month high of $41.41. The firm has a market cap of $13.01 billion, a P/E ratio of 36.68, a PEG ratio of 3.45 and a beta of 0.78.

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Friday, March 14th. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.26. American Homes 4 Rent's dividend payout ratio (DPR) is presently 108.33%.

Insider Activity

In related news, Director Douglas N. Benham purchased 3,286 shares of the firm's stock in a transaction dated Thursday, December 5th. The shares were acquired at an average cost of $24.49 per share, with a total value of $80,474.14. Following the completion of the purchase, the director now directly owns 41,946 shares of the company's stock, valued at $1,027,257.54. This trade represents a 8.50 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Bryan Smith sold 40,000 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $37.80, for a total transaction of $1,512,000.00. Following the sale, the chief operating officer now directly owns 125,580 shares in the company, valued at $4,746,924. This trade represents a 24.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.32% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on AMH shares. Evercore ISI raised shares of American Homes 4 Rent from an "in-line" rating to an "outperform" rating and increased their price target for the stock from $41.00 to $42.00 in a research report on Monday, November 11th. Barclays dropped their price target on shares of American Homes 4 Rent from $39.00 to $37.00 and set an "equal weight" rating for the company in a research report on Friday, January 24th. Keefe, Bruyette & Woods dropped their price target on shares of American Homes 4 Rent from $39.00 to $38.00 and set a "market perform" rating for the company in a research report on Wednesday, November 6th. JMP Securities reissued a "market outperform" rating and issued a $41.00 price target on shares of American Homes 4 Rent in a research report on Tuesday, January 14th. Finally, StockNews.com lowered shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research report on Tuesday, December 3rd. One analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, American Homes 4 Rent presently has an average rating of "Moderate Buy" and an average price target of $40.67.

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.