American Homes 4 Rent (AMH) Projected to Post Earnings on Thursday

American Homes 4 Rent (NYSE:AMH) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $442.02 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

American Homes 4 Rent Stock Down 1.7 %

NYSE AMH opened at $35.21 on Tuesday. The firm has a market cap of $13.01 billion, a PE ratio of 36.68, a price-to-earnings-growth ratio of 3.45 and a beta of 0.78. American Homes 4 Rent has a one year low of $34.01 and a one year high of $41.41. The stock’s 50 day simple moving average is $35.91 and its 200 day simple moving average is $37.43. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.58 and a quick ratio of 0.58.

American Homes 4 Rent Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, March 14th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.26. This represents a $1.20 dividend on an annualized basis and a yield of 3.41%. American Homes 4 Rent’s dividend payout ratio is 108.33%.

Wall Street Analysts Forecast Growth

AMH has been the topic of a number of research analyst reports. Barclays decreased their price target on American Homes 4 Rent from $39.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Morgan Stanley upgraded American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $39.00 to $40.00 in a research report on Friday, January 24th. Evercore ISI upgraded American Homes 4 Rent from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $41.00 to $42.00 in a research report on Monday, November 11th. Keefe, Bruyette & Woods decreased their price target on American Homes 4 Rent from $39.00 to $38.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 6th. Finally, StockNews.com downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $40.67.

Insider Activity

In related news, Director Douglas N. Benham purchased 3,286 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were bought at an average price of $24.49 per share, with a total value of $80,474.14. Following the purchase, the director now directly owns 41,946 shares in the company, valued at $1,027,257.54. This trade represents a 8.50 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, COO Bryan Smith sold 40,000 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $37.80, for a total value of $1,512,000.00. Following the sale, the chief operating officer now directly owns 125,580 shares in the company, valued at $4,746,924. The trade was a 24.16 % decrease in their position. The disclosure for this sale can be found here. 6.32% of the stock is currently owned by company insiders.

American Homes 4 Rent Company Profile

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.