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

American Homes 4 Rent (NYSE:AMH) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of $0.43 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Friday, May 10th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.13). The business had revenue of $423.56 million during the quarter, compared to analysts’ expectations of $421.28 million. American Homes 4 Rent had a net margin of 22.55% and a return on equity of 5.00%. The business’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.41 EPS. On average, analysts expect American Homes 4 Rent to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

American Homes 4 Rent Price Performance

Shares of American Homes 4 Rent stock opened at $36.12 on Wednesday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $13.23 billion, a PE ratio of 36.86, a price-to-earnings-growth ratio of 2.98 and a beta of 0.74. The business’s 50-day moving average price is $36.23 and its 200-day moving average price is $35.94. American Homes 4 Rent has a 12 month low of $31.36 and a 12 month high of $37.97.

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.04 annualized dividend and a dividend yield of 2.88%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 106.12%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AMH. Barclays reduced their price objective on American Homes 4 Rent from $43.00 to $42.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 29th. Evercore ISI increased their price objective on American Homes 4 Rent from $38.00 to $39.00 and gave the company an “in-line” rating in a research report on Tuesday, July 9th. JPMorgan Chase & Co. increased their price objective on American Homes 4 Rent from $37.00 to $38.00 and gave the company a “neutral” rating in a research report on Monday, June 17th. Keefe, Bruyette & Woods increased their price objective on American Homes 4 Rent from $38.00 to $39.00 and gave the company a “market perform” rating in a research report on Monday, May 13th. Finally, Scotiabank raised their price target on American Homes 4 Rent from $39.00 to $41.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 16th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, American Homes 4 Rent has a consensus rating of “Moderate Buy” and a consensus price target of $39.73.

Insider Transactions at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham acquired 3,500 shares of the business’s stock in a transaction dated Wednesday, May 8th. The shares were purchased at an average cost of $23.00 per share, for a total transaction of $80,500.00. Following the transaction, the director now owns 37,997 shares in the company, valued at $873,931. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. In other American Homes 4 Rent news, Director Jack E. Corrigan acquired 10,000 shares of the business’s stock in a transaction dated Monday, May 6th. The shares were purchased at an average cost of $22.78 per share, for a total transaction of $227,800.00. Following the transaction, the director now owns 10,000 shares in the company, valued at $227,800. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Douglas N. Benham bought 3,500 shares of the stock in a transaction dated Wednesday, May 8th. The stock was purchased at an average price of $23.00 per share, with a total value of $80,500.00. Following the purchase, the director now owns 37,997 shares in the company, valued at $873,931. The disclosure for this purchase can be found here. Corporate insiders own 6.32% 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.