Media headlines about American Homes 4 Rent (NYSE:AMH) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. American Homes 4 Rent earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 47.0029297853524 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- American Homes 4 Rent (AMH) Price Target Lowered to $22.50 at Morgan Stanley (americanbankingnews.com)
- What Do P/E Ratio Indicates? – American Homes 4 Rent (NYSE: AMH) (stocksmarketcap.com)
- American Homes 4 Rent (NYSE:AMH) Technical Review: Awesome Oscillator at 0.8042059 (mtlnewsjournal.com)
- Seducing Stocks: Can-Fite BioPharma Ltd., (NYSE: CANF), American Homes 4 Rent, (NYSE: AMH) (globalexportlines.com)
- American Homes 4 Rent 2015-SFR2 — Moody’s: No negative ratings impact on three American Homes 4 Rent single … (markets.businessinsider.com)
AMH stock opened at $21.53 on Wednesday. American Homes 4 Rent has a 12-month low of $18.39 and a 12-month high of $23.23. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.48. The stock has a market cap of $6.27 billion, a price-to-earnings ratio of 21.11, a PEG ratio of 1.40 and a beta of 0.58.
American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, May 3rd. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.01). American Homes 4 Rent had a net margin of 9.07% and a return on equity of 1.56%. The firm had revenue of $258.00 million for the quarter, compared to analysts’ expectations of $251.72 million. During the same period last year, the firm posted $0.26 EPS. American Homes 4 Rent’s revenue was up 10.4% on a year-over-year basis. research analysts anticipate that American Homes 4 Rent will post 1.09 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, July 2nd. Shareholders of record on Friday, June 15th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Thursday, June 14th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 19.61%.
American Homes 4 Rent announced that its board has initiated a share buyback plan on Thursday, February 22nd that permits the company to buyback $300.00 million in shares. This buyback authorization permits the real estate investment trust to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.
A number of brokerages have recently commented on AMH. Morgan Stanley lowered their price objective on American Homes 4 Rent from $25.00 to $22.50 and set an “overweight” rating for the company in a research report on Thursday, June 14th. ValuEngine raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Friday, June 8th. Robert W. Baird began coverage on American Homes 4 Rent in a research report on Thursday, March 29th. They issued an “outperform” rating and a $23.00 price objective for the company. Mizuho set a $23.00 price objective on American Homes 4 Rent and gave the company a “buy” rating in a research report on Monday, March 19th. Finally, B. Riley began coverage on American Homes 4 Rent in a research report on Monday, March 12th. They issued a “buy” rating and a $26.00 price objective for the company. Two analysts have rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $24.33.
In related news, Director Tamara Hughes Gustavson acquired 507,614 shares of American Homes 4 Rent stock in a transaction on Friday, May 18th. The shares were bought at an average price of $19.70 per share, for a total transaction of $9,999,995.80. Following the completion of the purchase, the director now directly owns 15,586,898 shares in the company, valued at approximately $307,061,890.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director B Wayne Et Al Hughes acquired 141,100 shares of American Homes 4 Rent stock in a transaction on Thursday, June 7th. The shares were bought at an average price of $20.70 per share, for a total transaction of $2,920,770.00. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 913,099 shares of company stock valued at $18,385,566. 26.52% of the stock is owned by company insiders.
About American Homes 4 Rent
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, renovating, leasing, and operating attractive, single-family homes as rental properties.
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