FBR & Co reiterated their buy rating on shares of American Homes 4 Rent (NYSE:AMH) in a research note published on Friday morning. They currently have a $26.00 price objective 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.

Other analysts have also issued reports about the company. TheStreet upgraded American Homes 4 Rent from a c rating to a b rating in a report on Friday, August 4th. BidaskClub raised American Homes 4 Rent from a hold rating to a buy rating in a research report on Saturday, June 24th. Mizuho upgraded American Homes 4 Rent from a neutral rating to a buy rating and set a $25.50 target price on the stock in a research note on Monday, July 10th. Zacks Investment Research upgraded American Homes 4 Rent from a sell rating to a hold rating in a research note on Monday, July 24th. Finally, Evercore ISI assumed coverage on American Homes 4 Rent in a research report on Monday, June 5th. They issued an in-line rating and a $24.50 target price on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $24.83.

Shares of American Homes 4 Rent (NYSE:AMH) opened at 21.80 on Friday. The stock’s 50 day moving average price is $22.19 and its 200-day moving average price is $22.63. American Homes 4 Rent has a one year low of $19.63 and a one year high of $23.98. The stock’s market cap is $5.68 billion.

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

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

In other American Homes 4 Rent news, Director B Wayne Et Al Hughes bought 1,372,200 shares of the stock in a transaction on Thursday, September 14th. The shares were purchased at an average cost of $21.84 per share, with a total value of $29,968,848.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 27.82% of the company’s stock.

Several large investors have recently made changes to their positions in the business. Brookfield Asset Management Inc. lifted its position in shares of American Homes 4 Rent by 29.6% in the second quarter. Brookfield Asset Management Inc. now owns 7,889,445 shares of the real estate investment trust’s stock worth $178,065,000 after buying an additional 1,801,569 shares during the last quarter. Lord Abbett & CO. LLC boosted its stake in shares of American Homes 4 Rent by 1.6% during the 2nd quarter. Lord Abbett & CO. LLC now owns 219,100 shares of the real estate investment trust’s stock worth $4,945,000 after acquiring an additional 3,500 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of American Homes 4 Rent by 18.9% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 569,836 shares of the real estate investment trust’s stock valued at $12,861,000 after acquiring an additional 90,469 shares during the last quarter. Sterling Capital Management LLC acquired a new position in shares of American Homes 4 Rent during the 2nd quarter valued at about $1,693,000. Finally, California State Teachers Retirement System increased its holdings in shares of American Homes 4 Rent by 22.4% during the 2nd quarter. California State Teachers Retirement System now owns 417,538 shares of the real estate investment trust’s stock valued at $9,424,000 after acquiring an additional 76,450 shares during the last quarter. 93.74% of the stock is owned by institutional investors.

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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