StockNews.com Downgrades American Homes 4 Rent (NYSE:AMH) to Sell

American Homes 4 Rent (NYSE:AMH) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

Other research analysts have also issued research reports about the company. UBS Group lifted their target price on American Homes 4 Rent from $37.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, August 16th. Wells Fargo & Company upgraded American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $36.00 to $42.00 in a research report on Monday, August 26th. Royal Bank of Canada boosted their price objective on American Homes 4 Rent from $41.00 to $42.00 and gave the company an “outperform” rating in a research report on Monday, August 5th. Scotiabank restated 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. Finally, Mizuho boosted their price objective on American Homes 4 Rent from $39.00 to $40.00 and gave the company an “outperform” rating in a research report on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $41.67.

American Homes 4 Rent Price Performance

Shares of AMH opened at $38.29 on Thursday. The firm has a market cap of $14.03 billion, a price-to-earnings ratio of 39.07, a PEG ratio of 3.10 and a beta of 0.76. The stock has a 50 day moving average of $38.87 and a 200-day moving average of $37.24. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.65. American Homes 4 Rent has a 52 week low of $31.36 and a 52 week high of $41.41.

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

Institutional Trading of American Homes 4 Rent

A number of hedge funds and other institutional investors have recently modified their holdings of AMH. Maryland Capital Advisors Inc. bought a new stake in shares of American Homes 4 Rent in the 3rd quarter worth $25,000. UMB Bank n.a. raised its stake in shares of American Homes 4 Rent by 331.9% in the 3rd quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 604 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of American Homes 4 Rent in the 2nd quarter worth $32,000. Wetzel Investment Advisors Inc. bought a new stake in shares of American Homes 4 Rent in the 2nd quarter worth $44,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of American Homes 4 Rent in the 2nd quarter worth $54,000. Institutional investors own 91.87% of the company’s stock.

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.