Analysts Set American Homes 4 Rent (NYSE:AMH) Price Target at $41.40

American Homes 4 Rent (NYSE:AMH - Get Free Report) has received an average rating of "Moderate Buy" from the fifteen brokerages that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $41.40.

AMH has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods lowered their target price 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. Mizuho boosted their target price 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. StockNews.com downgraded shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research report on Tuesday, December 3rd. Evercore ISI raised shares of American Homes 4 Rent from an "in-line" rating to an "outperform" rating and lifted their price target for the company from $41.00 to $42.00 in a research report on Monday, November 11th. Finally, Barclays started coverage on shares of American Homes 4 Rent in a report on Tuesday, December 17th. They issued an "equal weight" rating and a $39.00 price objective on the stock.

American Homes 4 Rent Trading Up 1.0 %

American Homes 4 Rent stock traded up $0.33 during mid-day trading on Friday, reaching $35.19. 1,624,936 shares of the company traded hands, compared to its average volume of 1,955,577. 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 has a 52-week low of $33.75 and a 52-week high of $41.41. The firm has a market capitalization of $13.00 billion, a price-to-earnings ratio of 36.66, a P/E/G ratio of 2.96 and a beta of 0.78. The firm's 50 day moving average price is $37.04 and its 200 day moving average price is $37.63.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.23). American Homes 4 Rent had a net margin of 21.51% and a return on equity of 4.76%. The company had revenue of $445.06 million for the quarter, compared to analysts' expectations of $443.81 million. During the same quarter in the prior year, the firm earned $0.41 EPS. American Homes 4 Rent's quarterly revenue was up 5.5% compared to the same quarter last year. On average, 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 company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date was Friday, December 13th. American Homes 4 Rent's dividend payout ratio is 108.33%.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham purchased 3,286 shares of the company's stock in a transaction dated Thursday, December 5th. The shares were acquired at an average price of $24.49 per share, for a total transaction of $80,474.14. Following the purchase, the director now directly owns 41,946 shares of the company's stock, valued at $1,027,257.54. The trade was 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 hyperlink. Also, COO Bryan Smith sold 40,000 shares of the business's stock in a transaction 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 of the company's stock, valued at approximately $4,746,924. The trade was a 24.16 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 6.05% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Maryland Capital Advisors Inc. purchased a new position in shares of American Homes 4 Rent during the 3rd quarter valued at $25,000. UMB Bank n.a. raised its holdings in American Homes 4 Rent by 331.9% during the third quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust's stock valued at $30,000 after acquiring an additional 604 shares during the period. Assetmark Inc. lifted its position in shares of American Homes 4 Rent by 359.1% in the third quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust's stock valued at $39,000 after acquiring an additional 790 shares in the last quarter. V Square Quantitative Management LLC boosted its stake in shares of American Homes 4 Rent by 31.6% in the third quarter. V Square Quantitative Management LLC now owns 1,144 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 275 shares during the period. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of American Homes 4 Rent during the third quarter worth about $53,000. 91.87% of the stock is owned by hedge funds and other institutional investors.

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.