American Homes 4 Rent (NYSE:AMH) Issues FY 2022 Earnings Guidance

American Homes 4 Rent (NYSE:AMHGet Rating) updated its FY 2022 earnings guidance on Monday. The company provided EPS guidance of $1.53-$1.59 for the period. The company issued revenue guidance of -.

A number of research analysts recently weighed in on the company. StockNews.com assumed coverage on American Homes 4 Rent in a report on Thursday, March 31st. They set a hold rating on the stock. Credit Suisse Group upped their price objective on American Homes 4 Rent from $42.00 to $44.00 and gave the stock a neutral rating in a report on Monday, April 25th. Morgan Stanley dropped their price objective on American Homes 4 Rent from $43.50 to $41.00 and set an equal weight rating on the stock in a report on Friday, March 11th. Jefferies Financial Group assumed coverage on American Homes 4 Rent in a report on Wednesday, April 20th. They set a buy rating and a $48.00 price objective on the stock. Finally, JPMorgan Chase & Co. dropped their price objective on American Homes 4 Rent from $46.00 to $44.00 and set an overweight rating on the stock in a report on Tuesday, March 22nd. Nine research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of Buy and an average price target of $45.28.

Shares of NYSE:AMH traded down $1.70 on Monday, hitting $35.71. The company had a trading volume of 98,171 shares, compared to its average volume of 2,686,927. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.58. American Homes 4 Rent has a 52-week low of $35.89 and a 52-week high of $44.07. The business has a 50 day moving average of $39.88 and a 200 day moving average of $40.23. The company has a market cap of $12.44 billion, a PE ratio of 79.60, a PEG ratio of 3.23 and a beta of 0.58.

American Homes 4 Rent (NYSE:AMHGet Rating) last issued its quarterly earnings data on Thursday, May 5th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.05. American Homes 4 Rent had a return on equity of 3.13% and a net margin of 13.74%. The business had revenue of $356.11 million for the quarter, compared to the consensus estimate of $355.76 million. During the same period in the prior year, the business earned $0.32 earnings per share. The business’s revenue was up 13.9% on a year-over-year basis. As a group, equities analysts predict that American Homes 4 Rent will post 1.56 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 30th. Investors of record on Wednesday, June 15th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, June 14th. This represents a $0.72 annualized dividend and a yield of 2.02%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 153.19%.

In other American Homes 4 Rent news, Director Douglas N. Benham bought 1,275 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, March 15th. The shares were purchased at an average cost of $25.41 per share, for a total transaction of $32,397.75. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.03% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the company. NEXT Financial Group Inc grew its stake in shares of American Homes 4 Rent by 13.7% in the fourth quarter. NEXT Financial Group Inc now owns 2,539 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 306 shares in the last quarter. Mackenzie Financial Corp bought a new stake in American Homes 4 Rent during the 4th quarter valued at $222,000. Virtu Financial LLC bought a new stake in American Homes 4 Rent during the 4th quarter valued at $223,000. Cypress Capital Group acquired a new position in shares of American Homes 4 Rent during the 4th quarter valued at $297,000. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of American Homes 4 Rent during the 4th quarter valued at $336,000. Institutional investors own 88.49% of the company’s stock.

American Homes 4 Rent Company Profile (Get Rating)

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.

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