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

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

A number of other equities research analysts have also recently issued reports on AMH. UBS Group boosted their target price on shares of American Homes 4 Rent from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday, August 16th. JPMorgan Chase & Co. upped their price objective on shares of American Homes 4 Rent from $38.00 to $43.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. Scotiabank reaffirmed an “outperform” rating and set a $42.00 price objective on shares of American Homes 4 Rent in a research report on Wednesday, August 21st. Wells Fargo & Company raised shares of American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $36.00 to $42.00 in a research report on Monday, August 26th. Finally, The Goldman Sachs Group assumed coverage on shares of American Homes 4 Rent in a research report on Wednesday, September 4th. They set a “buy” rating and a $48.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, American Homes 4 Rent has an average rating of “Moderate Buy” and a consensus price target of $41.67.

American Homes 4 Rent Trading Down 0.9 %

Shares of American Homes 4 Rent stock opened at $37.50 on Monday. The firm has a 50-day moving average of $38.89 and a 200-day moving average of $37.13. The stock has a market cap of $13.74 billion, a PE ratio of 38.26, a PEG ratio of 3.10 and a beta of 0.76. American Homes 4 Rent has a 52-week low of $31.36 and a 52-week high of $41.41. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.54 and a current ratio of 1.54.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Thursday, August 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.18). The business had revenue of $423.50 million during the quarter, compared to the consensus estimate of $422.46 million. American Homes 4 Rent had a net margin of 21.83% and a return on equity of 4.89%. The company’s revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. As a group, sell-side analysts forecast that American Homes 4 Rent will post 1.76 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. UMB Bank n.a. increased its stake in shares of American Homes 4 Rent by 331.9% in the third quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 604 shares during the period. V Square Quantitative Management LLC acquired a new stake in shares of American Homes 4 Rent during the 2nd quarter worth approximately $32,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of American Homes 4 Rent during the 2nd quarter worth approximately $44,000. Opal Wealth Advisors LLC acquired a new stake in shares of American Homes 4 Rent during the 2nd quarter worth approximately $54,000. Finally, GAMMA Investing LLC grew its position in shares of American Homes 4 Rent by 24.1% during the 1st quarter. GAMMA Investing LLC now owns 1,557 shares of the real estate investment trust’s stock worth $57,000 after buying an additional 302 shares during the period. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Company Profile

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.