American Homes 4 Rent (NYSE:AMH) Given Average Recommendation of "Moderate Buy" by Analysts

American Homes 4 Rent (NYSE:AMH - Get Free Report) has been given an average recommendation of "Moderate Buy" by the sixteen analysts that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $41.38.

A number of research firms recently weighed in on AMH. Mizuho raised their price target on shares of American Homes 4 Rent from $39.00 to $40.00 and gave the company an "outperform" rating in a report on Thursday, October 10th. Barclays assumed coverage on American Homes 4 Rent in a research report on Tuesday, December 17th. They set an "equal weight" rating and a $39.00 target price on the stock. JMP Securities reissued a "market outperform" rating and issued a $41.00 price target on shares of American Homes 4 Rent in a report on Wednesday, December 11th. Keefe, Bruyette & Woods dropped their price objective on American Homes 4 Rent from $39.00 to $38.00 and set a "market perform" rating on the stock in a report on Wednesday, November 6th. Finally, StockNews.com cut American Homes 4 Rent from a "hold" rating to a "sell" rating in a research note on Tuesday, December 3rd.

Insider Transactions at American Homes 4 Rent

In other news, Director Douglas N. Benham acquired 3,286 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $24.49 per share, for a total transaction of $80,474.14. Following the transaction, the director now directly owns 41,946 shares in the company, valued at $1,027,257.54. This trade represents a 8.50 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Bryan Smith sold 40,000 shares of the company's stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $37.80, for a total transaction of $1,512,000.00. Following the completion of the transaction, the chief operating officer now owns 125,580 shares of the company's stock, valued at approximately $4,746,924. This trade represents a 24.16 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.05% of the company's stock.

Institutional Investors Weigh In On American Homes 4 Rent

A number of hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp raised its stake in American Homes 4 Rent by 2.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,101,011 shares of the real estate investment trust's stock valued at $115,234,000 after acquiring an additional 78,973 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of American Homes 4 Rent by 61.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 418,720 shares of the real estate investment trust's stock valued at $15,560,000 after purchasing an additional 159,028 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in American Homes 4 Rent by 1,496.9% in the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 125,355 shares of the real estate investment trust's stock worth $4,658,000 after purchasing an additional 117,505 shares during the period. Azzad Asset Management Inc. ADV grew its position in American Homes 4 Rent by 3.4% in the 2nd quarter. Azzad Asset Management Inc. ADV now owns 37,182 shares of the real estate investment trust's stock valued at $1,382,000 after buying an additional 1,222 shares in the last quarter. Finally, iA Global Asset Management Inc. acquired a new position in American Homes 4 Rent during the 2nd quarter valued at about $231,000. Institutional investors own 91.87% of the company's stock.

American Homes 4 Rent Stock Up 0.9 %

NYSE AMH traded up $0.32 during trading hours on Wednesday, hitting $37.15. The company had a trading volume of 516,082 shares, compared to its average volume of 2,536,209. The firm's 50 day moving average is $37.37 and its 200 day moving average is $37.63. The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of 38.70, a P/E/G ratio of 3.33 and a beta of 0.78. American Homes 4 Rent has a fifty-two week low of $33.75 and a fifty-two week high of $41.41. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.58 and a quick ratio of 0.58.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its earnings results 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 during the quarter, compared to analyst estimates of $443.81 million. American Homes 4 Rent had a net margin of 21.51% and a return on equity of 4.76%. American Homes 4 Rent's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 EPS. Sell-side analysts anticipate that American Homes 4 Rent will post 1.77 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 2.80%. The ex-dividend date of this dividend is Friday, December 13th. American Homes 4 Rent's dividend payout ratio (DPR) is presently 108.33%.

American Homes 4 Rent Company Profile

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.