FBR & Co reissued their buy rating on shares of American Homes 4 Rent (NYSE:AMH) in a research report released on Friday morning. The brokerage currently has a $26.00 price target on the real estate investment trust’s stock. FBR & Co also issued estimates for American Homes 4 Rent’s Q3 2017 earnings at $0.24 EPS, Q1 2018 earnings at $0.29 EPS, Q2 2018 earnings at $0.29 EPS, Q3 2018 earnings at $0.28 EPS, FY2018 earnings at $1.17 EPS, Q1 2019 earnings at $0.32 EPS, Q2 2019 earnings at $0.33 EPS and FY2019 earnings at $1.30 EPS.

Several other brokerages also recently weighed in on AMH. BidaskClub downgraded American Homes 4 Rent from a hold rating to a sell rating in a research note on Friday, August 11th. TheStreet raised American Homes 4 Rent from a c rating to a b rating in a research report on Friday, August 4th. Zacks Investment Research upgraded American Homes 4 Rent from a sell rating to a hold rating in a research note on Tuesday, August 22nd. Finally, Mizuho upgraded American Homes 4 Rent from a neutral rating to a buy rating and set a $25.50 price target on the stock in a research note on Monday, July 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. American Homes 4 Rent has a consensus rating of Hold and a consensus target price of $24.83.

Shares of American Homes 4 Rent (NYSE AMH) opened at 21.71 on Friday. The firm’s market capitalization is $5.65 billion. The stock has a 50 day moving average of $22.34 and a 200-day moving average of $22.68. American Homes 4 Rent has a one year low of $19.63 and a one year high of $23.98.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.04). The company had revenue of $237.00 million for the quarter, compared to analysts’ expectations of $236.28 million. American Homes 4 Rent had a net margin of 3.82% and a return on equity of 0.70%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.25 earnings per share. On average, equities analysts anticipate that American Homes 4 Rent will post $0.05 earnings per share for the current fiscal year.

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The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.92%. The ex-dividend date was Thursday, September 14th. American Homes 4 Rent’s dividend payout ratio is currently -181.82%.

In related news, Director B Wayne Et Al Hughes bought 1,372,200 shares of the business’s stock in a transaction dated Thursday, September 14th. The shares were acquired at an average price of $21.84 per share, for a total transaction of $29,968,848.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 27.82% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its holdings in American Homes 4 Rent by 5.1% in the second quarter. PNC Financial Services Group Inc. now owns 5,720 shares of the real estate investment trust’s stock valued at $128,000 after buying an additional 278 shares during the last quarter. Teacher Retirement System of Texas raised its stake in American Homes 4 Rent by 1.5% during the second quarter. Teacher Retirement System of Texas now owns 18,405 shares of the real estate investment trust’s stock valued at $415,000 after buying an additional 280 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in American Homes 4 Rent by 7.7% during the second quarter. The Manufacturers Life Insurance Company now owns 7,247 shares of the real estate investment trust’s stock valued at $164,000 after buying an additional 515 shares in the last quarter. Amalgamated Bank raised its stake in American Homes 4 Rent by 3.3% during the first quarter. Amalgamated Bank now owns 23,909 shares of the real estate investment trust’s stock valued at $549,000 after buying an additional 774 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its stake in American Homes 4 Rent by 0.6% during the first quarter. Nomura Asset Management Co. Ltd. now owns 149,466 shares of the real estate investment trust’s stock valued at $3,431,000 after buying an additional 850 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

About American Homes 4 Rent

American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company’s primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties.

Analyst Recommendations for American Homes 4 Rent (NYSE:AMH)

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