American Homes 4 Rent (AMH) to Release Quarterly Earnings on Thursday

American Homes 4 Rent (NYSE:AMH) will be posting its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.43 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

American Homes 4 Rent Price Performance

Shares of NYSE AMH opened at $35.57 on Thursday. American Homes 4 Rent has a 1-year low of $31.36 and a 1-year high of $37.97. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.46 and a quick ratio of 0.46. The business’s fifty day moving average price is $35.88 and its two-hundred day moving average price is $35.43. The firm has a market capitalization of $13.02 billion, a PE ratio of 35.57, a P/E/G ratio of 2.73 and a beta of 0.70.

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $0.26 dividend. The ex-dividend date was Thursday, March 14th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.22. This represents a $1.04 annualized dividend and a yield of 2.92%. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 104.00%.

Analyst Upgrades and Downgrades

AMH has been the topic of several analyst reports. Citigroup raised American Homes 4 Rent from a “neutral” rating to a “buy” rating and increased their target price for the stock from $37.00 to $41.00 in a research report on Friday, March 22nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $39.00 target price on shares of American Homes 4 Rent in a research report on Monday, February 26th. StockNews.com lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. Raymond James raised their price target on American Homes 4 Rent from $40.00 to $41.00 and gave the company an “outperform” rating in a report on Thursday, March 28th. Finally, Mizuho raised their price target on American Homes 4 Rent from $37.00 to $39.00 and gave the company a “buy” rating in a report on Wednesday, March 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $39.67.

Insider Activity at American Homes 4 Rent

In related news, CAO Brian Reitz sold 3,000 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $35.53, for a total transaction of $106,590.00. Following the completion of the transaction, the chief accounting officer now owns 35,343 shares of the company’s stock, valued at $1,255,736.79. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CAO Brian Reitz sold 3,000 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $35.53, for a total value of $106,590.00. Following the completion of the transaction, the chief accounting officer now owns 35,343 shares in the company, valued at approximately $1,255,736.79. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Bryan Smith sold 50,000 shares of the stock in a transaction on Friday, March 8th. The shares were sold at an average price of $36.77, for a total value of $1,838,500.00. Following the completion of the transaction, the chief operating officer now owns 125,580 shares of the company’s stock, valued at approximately $4,617,576.60. The disclosure for this sale can be found here. Insiders sold 60,263 shares of company stock valued at $2,212,078 over the last 90 days. 6.05% of the stock is currently owned by corporate insiders.

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.