Somewhat Favorable Press Coverage Somewhat Unlikely to Affect American Homes 4 Rent (AMH) Share Price
Headlines about American Homes 4 Rent (NYSE:AMH) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Homes 4 Rent earned a news impact score of 0.22 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 45.9611647869414 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
American Homes 4 Rent (NYSE:AMH) opened at $20.93 on Monday. The firm has a market cap of $6,001.43, a price-to-earnings ratio of -2,093.00, a PEG ratio of 1.56 and a beta of 0.68. American Homes 4 Rent has a 1-year low of $20.09 and a 1-year high of $23.98. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.51 and a quick ratio of 1.51.
American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share for the quarter, hitting the consensus estimate of $0.25. The firm had revenue of $246.80 million for the quarter, compared to analysts’ expectations of $247.96 million. American Homes 4 Rent had a net margin of 6.56% and a return on equity of 1.15%. The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.24 earnings per share. research analysts expect that American Homes 4 Rent will post 1.02 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Tuesday, January 2nd were issued a $0.05 dividend. The ex-dividend date was Friday, December 29th. This represents a $0.20 annualized dividend and a dividend yield of 0.96%. American Homes 4 Rent’s payout ratio is currently -2,000.00%.
Several equities research analysts have issued reports on AMH shares. FBR & Co restated a “buy” rating and set a $26.00 target price on shares of American Homes 4 Rent in a research report on Friday, September 29th. BTIG Research started coverage on American Homes 4 Rent in a research report on Monday, October 9th. They set a “buy” rating and a $26.00 target price on the stock. Citigroup started coverage on American Homes 4 Rent in a research report on Friday, October 20th. They set a “buy” rating and a $25.00 target price on the stock. B. Riley restated a “buy” rating on shares of American Homes 4 Rent in a research report on Wednesday, November 1st. Finally, Evercore ISI raised shares of American Homes 4 Rent from an “in-line” rating to an “outperform” rating and set a $24.50 price target on the stock in a report on Monday, December 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $25.22.
In other news, Director B Wayne Et Al Hughes purchased 4,550 shares of the firm’s stock in a transaction dated Thursday, December 14th. The shares were purchased at an average price of $22.00 per share, with a total value of $100,100.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders bought 1,670,950 shares of company stock worth $35,816,444. Insiders own 27.82% of the company’s stock.
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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.
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