American Homes 4 Rent (NYSE:AMH) Short Interest Update

American Homes 4 Rent (NYSE:AMH - Get Free Report) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 9,250,000 shares, an increase of 10.0% from the November 15th total of 8,410,000 shares. Based on an average daily volume of 2,130,000 shares, the short-interest ratio is presently 4.3 days.

Analysts Set New Price Targets

Several research analysts have commented on AMH shares. Evercore ISI raised American Homes 4 Rent from an "in-line" rating to an "outperform" rating and lifted their target price for the stock from $41.00 to $42.00 in a report on Monday, November 11th. Scotiabank reaffirmed an "outperform" rating and issued a $42.00 price objective on shares of American Homes 4 Rent in a research note on Wednesday, August 21st. JMP Securities reissued a "market outperform" rating and set a $41.00 target price on shares of American Homes 4 Rent in a research report on Wednesday. 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. Finally, Mizuho increased their price objective on shares of American Homes 4 Rent from $39.00 to $40.00 and gave the stock an "outperform" rating in a research report on Thursday, October 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat, American Homes 4 Rent currently has an average rating of "Moderate Buy" and an average price target of $41.56.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham purchased 3,286 shares of the firm's stock in a transaction on Thursday, December 5th. The stock was purchased at an average cost of $24.49 per share, for a total transaction of $80,474.14. Following the transaction, the director now owns 41,946 shares in the company, valued at $1,027,257.54. The trade was a 8.50 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Bryan Smith sold 40,000 shares of American Homes 4 Rent stock in a transaction on 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 transaction, the chief operating officer now owns 125,580 shares in the company, 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. 6.32% of the stock is owned by insiders.

Institutional Trading of American Homes 4 Rent

Several institutional investors and hedge funds have recently modified their holdings of the stock. TCW Group Inc. bought a new position in American Homes 4 Rent during the 3rd quarter valued at $962,000. Swedbank AB boosted its holdings in American Homes 4 Rent by 14.3% during the second quarter. Swedbank AB now owns 400,000 shares of the real estate investment trust's stock worth $14,864,000 after purchasing an additional 50,000 shares during the last quarter. Marshall Wace LLP bought a new stake in American Homes 4 Rent in the 2nd quarter worth about $17,367,000. Catalyst Capital Advisors LLC purchased a new stake in American Homes 4 Rent in the 3rd quarter valued at about $53,000. Finally, Easterly Investment Partners LLC lifted its position in shares of American Homes 4 Rent by 96.7% during the 2nd quarter. Easterly Investment Partners LLC now owns 248,314 shares of the real estate investment trust's stock worth $9,227,000 after buying an additional 122,048 shares in the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

American Homes 4 Rent Stock Down 0.9 %

American Homes 4 Rent stock traded down $0.33 during mid-day trading on Friday, reaching $37.37. The stock had a trading volume of 2,634,504 shares, compared to its average volume of 2,530,028. American Homes 4 Rent has a fifty-two week low of $33.75 and a fifty-two week high of $41.41. The stock's 50-day simple moving average is $37.52 and its 200-day simple moving average is $37.60. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a market capitalization of $13.81 billion, a PE ratio of 38.93, a price-to-earnings-growth ratio of 3.33 and a beta of 0.78.

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 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.23). The business had revenue of $445.06 million for the quarter, compared to the consensus estimate of $443.81 million. American Homes 4 Rent had a net margin of 21.51% and a return on equity of 4.76%. The business's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS. On average, sell-side analysts forecast that American Homes 4 Rent will post 1.77 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date of this dividend is Friday, December 13th. American Homes 4 Rent's dividend payout ratio is currently 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.