American Homes 4 Rent (NYSE:AMH) Receives $41.60 Consensus Target Price from Analysts

Shares of American Homes 4 Rent (NYSE:AMH - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the fifteen analysts that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $41.60.

A number of brokerages recently commented on AMH. Keefe, Bruyette & Woods dropped their price target on American Homes 4 Rent from $39.00 to $38.00 and set a "market perform" rating for the company in a research note on Wednesday, November 6th. UBS Group raised their target price on shares of American Homes 4 Rent from $37.00 to $40.00 and gave the company a "neutral" rating in a report on Friday, August 16th. The Goldman Sachs Group initiated coverage on shares of American Homes 4 Rent in a research note on Wednesday, September 4th. They set a "buy" rating and a $48.00 price target on the stock. StockNews.com raised shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research note on Monday, November 25th. Finally, Evercore ISI upgraded shares of American Homes 4 Rent from an "in-line" rating to an "outperform" rating and upped their target price for the company from $41.00 to $42.00 in a research report on Monday, November 11th.

Institutional Investors Weigh In On American Homes 4 Rent

Large investors have recently added to or reduced their stakes in the stock. Maryland Capital Advisors Inc. bought a new position in shares of American Homes 4 Rent during the 3rd quarter worth $25,000. UMB Bank n.a. grew its holdings in American Homes 4 Rent by 331.9% during the 3rd quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 604 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in American Homes 4 Rent during the 2nd quarter valued at about $32,000. Assetmark Inc. raised its holdings in shares of American Homes 4 Rent by 359.1% in the 3rd quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 790 shares in the last quarter. Finally, Wetzel Investment Advisors Inc. purchased a new stake in shares of American Homes 4 Rent in the 2nd quarter worth approximately $44,000. 91.87% of the stock is owned by hedge funds and other institutional investors.

American Homes 4 Rent Price Performance

American Homes 4 Rent stock traded down $0.33 during mid-day trading on Friday, hitting $38.29. The stock had a trading volume of 1,368,812 shares, compared to its average volume of 2,536,800. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.59. The firm's 50 day moving average is $37.74 and its 200 day moving average is $37.49. The firm has a market capitalization of $14.15 billion, a P/E ratio of 39.89, a P/E/G ratio of 3.41 and a beta of 0.77. American Homes 4 Rent has a one year low of $33.75 and a one year high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.23). The company had revenue of $445.06 million for the quarter, compared to analysts' expectations of $443.81 million. American Homes 4 Rent had a net margin of 21.51% and a return on equity of 4.76%. The company's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business earned $0.41 earnings per share. On average, sell-side analysts forecast that American Homes 4 Rent will post 1.77 earnings per share for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.04 dividend on an annualized basis and a yield of 2.72%. American Homes 4 Rent's payout ratio is 108.33%.

About American Homes 4 Rent

AMH NYSE: AMH is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.