Media coverage about American Homes 4 Rent (NYSE:AMH) has trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. 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 daily sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 45.9767073468002 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of research firms have recently issued reports on AMH. TheStreet cut shares of American Homes 4 Rent from a “b-” rating to a “c+” rating in a research note on Wednesday. JPMorgan Chase & Co. upgraded shares of American Homes 4 Rent from a “neutral” rating to an “overweight” rating and set a $26.00 target price for the company in a research note on Friday, December 15th. Keefe, Bruyette & Woods upgraded shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 7th. Evercore ISI upgraded shares of American Homes 4 Rent from an “in-line” rating to an “outperform” rating and set a $24.50 target price for the company in a research note on Monday, December 4th. Finally, B. Riley set a $26.00 target price on shares of American Homes 4 Rent and gave the stock a “buy” rating in a research note on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. American Homes 4 Rent has a consensus rating of “Buy” and an average price target of $25.22.
American Homes 4 Rent (NYSE:AMH) traded down $0.08 during midday trading on Friday, hitting $20.46. 2,454,000 shares of the stock were exchanged, compared to its average volume of 1,770,000. 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 has a market cap of $5,870.00, a PE ratio of 2,046.00, a PEG ratio of 1.54 and a beta of 0.68. American Homes 4 Rent has a one year low of $20.29 and a one year high of $23.98.
American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.25 EPS for the quarter, hitting analysts’ consensus estimates of $0.25. American Homes 4 Rent had a net margin of 6.56% and a return on equity of 1.15%. The business had revenue of $246.80 million for the quarter, compared to analyst estimates of $247.96 million. During the same period last year, the firm earned $0.24 earnings per share. American Homes 4 Rent’s revenue for the quarter was up 4.5% compared to the same quarter last year. equities analysts anticipate that American Homes 4 Rent will post 1.02 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Tuesday, January 2nd were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date was Friday, December 29th. American Homes 4 Rent’s dividend payout ratio is 2,000.00%.
In other American Homes 4 Rent news, Director B Wayne Et Al Hughes purchased 4,550 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were acquired at an average cost of $22.00 per share, with a total value of $100,100.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders have purchased 1,670,950 shares of company stock worth $35,816,444. 27.82% of the stock is 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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