Wall Street analysts expect American Homes 4 Rent (NYSE:AMH) to report $0.26 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for American Homes 4 Rent’s earnings, with the lowest EPS estimate coming in at $0.26 and the highest estimate coming in at $0.27. American Homes 4 Rent also reported earnings of $0.26 per share in the same quarter last year. The firm is scheduled to announce its next quarterly earnings results on Thursday, February 22nd.

On average, analysts expect that American Homes 4 Rent will report full year earnings of $1.02 per share for the current financial year, with EPS estimates ranging from $1.02 to $1.03. For the next financial year, analysts anticipate that the company will post earnings of $1.17 per share, with EPS estimates ranging from $1.13 to $1.22. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow American Homes 4 Rent.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. The business had revenue of $246.80 million for the quarter, compared to analysts’ expectations of $247.96 million. American Homes 4 Rent had a return on equity of 1.15% and a net margin of 6.56%. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 EPS.

AMH has been the topic of several recent research reports. BTIG Research initiated coverage on American Homes 4 Rent in a report on Monday, October 9th. They set a “buy” rating and a $26.00 target price on the stock. FBR & Co restated a “buy” rating and set a $26.00 target price on shares of American Homes 4 Rent in a report on Friday, September 29th. Citigroup initiated coverage on American Homes 4 Rent in a report on Friday, October 20th. They set a “buy” rating and a $25.00 target price on the stock. Evercore ISI upgraded 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. Finally, TheStreet cut American Homes 4 Rent from a “b-” rating to a “c+” rating in a report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $25.22.

American Homes 4 Rent (NYSE:AMH) opened at $20.73 on Wednesday. The firm has a market capitalization of $5,898.20, a P/E ratio of -2,073.00, a PEG ratio of 1.52 and a beta of 0.68. American Homes 4 Rent has a twelve month low of $20.15 and a twelve month high of $23.98. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.40.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Tuesday, January 2nd were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend was Friday, December 29th. American Homes 4 Rent’s dividend payout ratio is presently -2,000.00%.

In other American Homes 4 Rent news, Director B Wayne Et Al Hughes acquired 292,977 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were purchased at an average cost of $21.86 per share, for a total transaction of $6,404,477.22. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased 1,670,950 shares of company stock worth $35,816,444 over the last quarter. 27.82% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted 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 acquiring an additional 278 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in American Homes 4 Rent by 7.7% in 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 acquiring an additional 515 shares during the last quarter. CIBC Asset Management Inc acquired a new position in American Homes 4 Rent in the third quarter valued at approximately $202,000. QCM Cayman Ltd. purchased a new stake in American Homes 4 Rent in the second quarter valued at approximately $203,000. Finally, Magnetar Financial LLC purchased a new stake in American Homes 4 Rent in the third quarter valued at approximately $228,000. Hedge funds and other institutional investors own 88.20% of the company’s stock.

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American Homes 4 Rent Company Profile

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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Earnings History and Estimates for American Homes 4 Rent (NYSE:AMH)

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