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

American Homes 4 Rent (NYSE:AMH - Get Free Report) has earned an average recommendation of "Moderate Buy" from the fifteen research firms that are presently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $40.33.

Several research firms have issued reports on AMH. Morgan Stanley raised shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $39.00 to $40.00 in a research report on Friday, January 24th. StockNews.com cut American Homes 4 Rent from a "hold" rating to a "sell" rating in a research note on Tuesday, December 3rd. Barclays upped their target price on American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a research report on Wednesday. Royal Bank of Canada lowered their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating on the stock in a research report on Monday, February 24th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and cut their price objective for the company from $40.00 to $37.00 in a report on Tuesday, January 21st.

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American Homes 4 Rent Stock Down 1.1 %

American Homes 4 Rent stock traded down $0.39 during mid-day trading on Monday, reaching $34.60. The company's stock had a trading volume of 2,247,899 shares, compared to its average volume of 2,473,311. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.76. American Homes 4 Rent has a 12 month low of $34.01 and a 12 month high of $41.41. The business's 50 day simple moving average is $35.48 and its 200 day simple moving average is $37.15. The company has a market capitalization of $12.81 billion, a price-to-earnings ratio of 32.04, a price-to-earnings-growth ratio of 3.56 and a beta of 0.77.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.30. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. The company had revenue of $436.59 million during the quarter, compared to analysts' expectations of $442.02 million. As a group, research analysts anticipate that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.30 dividend. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.26. This represents a $1.20 annualized dividend and a yield of 3.47%. The ex-dividend date of this dividend is Friday, March 14th. American Homes 4 Rent's dividend payout ratio is 111.11%.

Hedge Funds Weigh In On American Homes 4 Rent

A number of hedge funds have recently made changes to their positions in AMH. Siemens Fonds Invest GmbH bought a new position in American Homes 4 Rent during the 4th quarter worth approximately $932,000. Brooklyn FI LLC acquired a new stake in shares of American Homes 4 Rent during the fourth quarter worth $311,000. Employees Retirement System of Texas raised its stake in American Homes 4 Rent by 24.8% during the fourth quarter. Employees Retirement System of Texas now owns 275,565 shares of the real estate investment trust's stock worth $10,312,000 after buying an additional 54,704 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its holdings in American Homes 4 Rent by 3.1% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 39,998 shares of the real estate investment trust's stock valued at $1,497,000 after buying an additional 1,189 shares during the period. Finally, Toronto Dominion Bank boosted its position in American Homes 4 Rent by 6.8% during the fourth quarter. Toronto Dominion Bank now owns 44,224 shares of the real estate investment trust's stock valued at $1,655,000 after acquiring an additional 2,814 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors.

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.