American Homes 4 Rent (NYSE:AMH) Stock Rating Lowered by StockNews.com

American Homes 4 Rent (NYSE:AMH) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.

Several other equities research analysts have also recently commented on AMH. Mizuho boosted their price target on shares of American Homes 4 Rent from $39.00 to $40.00 and gave the stock an “outperform” rating in a research report on Thursday, October 10th. Wells Fargo & Company raised shares of American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $36.00 to $42.00 in a research note on Monday, August 26th. Evercore ISI raised American Homes 4 Rent from an “in-line” rating to an “outperform” rating and upped their price target for the company from $41.00 to $42.00 in a report on Monday, November 11th. Keefe, Bruyette & Woods reduced their price objective on American Homes 4 Rent from $39.00 to $38.00 and set a “market perform” rating for the company in a research note on Wednesday, November 6th. Finally, Royal Bank of Canada upped their target price on American Homes 4 Rent from $41.00 to $42.00 and gave the company an “outperform” rating in a report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, American Homes 4 Rent presently has a consensus rating of “Moderate Buy” and an average target price of $41.60.

American Homes 4 Rent Price Performance

Shares of NYSE:AMH traded down $0.24 during trading on Tuesday, reaching $37.45. The company had a trading volume of 1,125,996 shares, compared to its average volume of 1,932,897. American Homes 4 Rent has a twelve month low of $33.75 and a twelve month high of $41.41. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a market capitalization of $13.84 billion, a PE ratio of 39.01, a price-to-earnings-growth ratio of 3.32 and a beta of 0.78. The firm’s fifty day moving average is $37.69 and its 200 day moving average is $37.51.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.23). American Homes 4 Rent had a net margin of 21.51% and a return on equity of 4.76%. The firm had revenue of $445.06 million for the quarter, compared to the consensus estimate of $443.81 million. During the same period in the previous year, the business posted $0.41 earnings per share. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, equities analysts forecast that American Homes 4 Rent will post 1.77 EPS for the current year.

Institutional Investors Weigh In On American Homes 4 Rent

Several institutional investors have recently made changes to their positions in the company. FMR LLC increased its holdings in American Homes 4 Rent by 12.9% in the third quarter. FMR LLC now owns 8,225,592 shares of the real estate investment trust’s stock worth $315,780,000 after buying an additional 937,116 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of American Homes 4 Rent by 7.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,935,560 shares of the real estate investment trust’s stock worth $183,403,000 after purchasing an additional 334,358 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of American Homes 4 Rent by 1.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,224,013 shares of the real estate investment trust’s stock valued at $162,160,000 after purchasing an additional 62,367 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of American Homes 4 Rent by 1.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,951,840 shares of the real estate investment trust’s stock valued at $146,850,000 after purchasing an additional 37,757 shares during the last quarter. Finally, Burgundy Asset Management Ltd. boosted its holdings in American Homes 4 Rent by 1.5% in the second quarter. Burgundy Asset Management Ltd. now owns 3,691,640 shares of the real estate investment trust’s stock worth $137,181,000 after purchasing an additional 53,648 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

About American Homes 4 Rent

AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.