Raymond James Has Lowered Expectations for American Homes 4 Rent (NYSE:AMH) Stock Price

American Homes 4 Rent (NYSE:AMH - Get Free Report) had its target price reduced by analysts at Raymond James from $44.00 to $39.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the real estate investment trust's stock. Raymond James' price objective points to a potential upside of 7.53% from the stock's current price.

Other analysts have also issued reports about the stock. Royal Bank of Canada reduced their price objective 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. JMP Securities reiterated a "market outperform" rating and issued a $41.00 price target on shares of American Homes 4 Rent in a report on Tuesday, January 14th. Barclays boosted their price objective on American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a report on Wednesday, March 12th. Morgan Stanley raised shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $39.00 to $40.00 in a research note on Friday, January 24th. Finally, Mizuho decreased their price objective on shares of American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating for the company in a report on Thursday, March 13th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $40.14.

American Homes 4 Rent Price Performance

Shares of NYSE:AMH traded up $0.15 on Friday, reaching $36.27. The company's stock had a trading volume of 497,374 shares, compared to its average volume of 2,194,328. The company has a 50-day simple moving average of $35.85 and a 200 day simple moving average of $36.50. American Homes 4 Rent has a 52-week low of $31.68 and a 52-week high of $41.41. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.76. The company has a market cap of $13.42 billion, a P/E ratio of 33.58, a PEG ratio of 3.56 and a beta of 0.73.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its earnings results 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. The firm had revenue of $436.59 million for the quarter, compared to the consensus estimate of $442.02 million. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. As a group, equities research analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

Institutional Trading of American Homes 4 Rent

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mountain Hill Investment Partners Corp. bought a new stake in American Homes 4 Rent during the fourth quarter valued at about $26,000. National Pension Service bought a new stake in shares of American Homes 4 Rent in the 4th quarter valued at about $30,000. Parallel Advisors LLC grew its position in shares of American Homes 4 Rent by 171.1% in the 1st quarter. Parallel Advisors LLC now owns 843 shares of the real estate investment trust's stock worth $32,000 after buying an additional 532 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of American Homes 4 Rent by 56.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock worth $41,000 after buying an additional 392 shares during the last quarter. Finally, UMB Bank n.a. raised its stake in shares of American Homes 4 Rent by 77.2% during the 4th quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust's stock worth $52,000 after acquiring an additional 607 shares in the last quarter. Institutional investors own 91.87% of the company's stock.

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.