American Homes 4 Rent (AMH) Receives Daily Coverage Optimism Rating of 0.23
Media coverage about American Homes 4 Rent (NYSE:AMH) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American Homes 4 Rent earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 45.8350870796964 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several equities analysts have commented on AMH shares. FBR & Co reissued a “buy” rating and issued a $26.00 target price on shares of American Homes 4 Rent in a report on Friday, September 29th. BTIG Research started coverage on shares of American Homes 4 Rent in a report on Monday, October 9th. They issued a “buy” rating and a $26.00 target price on the stock. Citigroup started coverage on shares of American Homes 4 Rent in a report on Friday, October 20th. They issued a “buy” rating and a $25.00 target price on the stock. B. Riley reissued a “buy” rating on shares of American Homes 4 Rent in a 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 target price on the stock in a report on Monday, December 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $25.22.
Shares of American Homes 4 Rent (NYSE:AMH) traded up $0.02 during trading on Tuesday, hitting $21.80. 806,917 shares of the company traded hands, compared to its average volume of 2,001,238. The company has a market cap of $6,245.15, a price-to-earnings ratio of -2,180.00, a PEG ratio of 1.86 and a beta of 0.68. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. American Homes 4 Rent has a 12 month low of $20.09 and a 12 month high of $23.98.
American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. The company had revenue of $246.80 million for the quarter, compared to analyst estimates of $247.96 million. American Homes 4 Rent had a net margin of 6.56% and a return on equity of 1.15%. The firm’s revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.24 EPS. equities research analysts predict that American Homes 4 Rent will post 1.02 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, January 2nd will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Friday, December 29th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently -2,000.00%.
In other American Homes 4 Rent news, Director B Wayne Et Al Hughes bought 292,977 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average cost of $21.86 per share, for a total transaction of $6,404,477.22. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have purchased a total of 1,670,950 shares of company stock worth $35,816,444 over the last ninety days. 27.82% of the stock is currently owned by insiders.
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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