Media stories about American Homes 4 Rent (NYSE:AMH) have trended positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Homes 4 Rent earned a news sentiment score of 0.26 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.0713903927544 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Insider Buying: American Homes 4 Rent (AMH) Director Acquires 507,614 Shares of Stock (americanbankingnews.com)
- American Homes 4 Rent (AMH) Downgraded by ValuEngine (americanbankingnews.com)
- Hedge Fund and Insider Trading News: David Tepper, Nelson Peltz, Jana Partners, O’Reilly Automotive Inc (ORLY), Famous Dave’s of America, Inc. (DAVE), American Homes 4 Rent (AMH), and More (feedproxy.google.com)
- Insider Buying: American Homes 4 Rent (AMH) Director Buys 242,223 Shares of Stock (americanbankingnews.com)
- American Homes 4 Rent opens lower after Off Wall Street mention (seekingalpha.com)
A number of research firms have recently issued reports on AMH. Robert W. Baird began coverage on American Homes 4 Rent in a research report on Thursday, March 29th. They set an “outperform” rating and a $23.00 price target on the stock. ValuEngine downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Thursday. B. Riley began coverage on American Homes 4 Rent in a research report on Monday, March 12th. They set a “buy” rating and a $26.00 price target on the stock. Mizuho set a $23.00 price target on American Homes 4 Rent and gave the stock a “buy” rating in a research report on Monday, March 19th. Finally, BTIG Research dropped their price target on American Homes 4 Rent from $26.00 to $23.00 and set a “buy” rating on the stock in a research report on Monday, February 26th. Three investment analysts have rated the stock with a sell rating and nine have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $24.56.
Shares of AMH stock opened at $19.70 on Monday. American Homes 4 Rent has a 1-year low of $18.39 and a 1-year high of $23.23. The stock has a market cap of $5.83 billion, a P/E ratio of 19.31, a P/E/G ratio of 1.29 and a beta of 0.59. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.48 and a current ratio of 1.48.
American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, May 3rd. The real estate investment trust reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $258.00 million for the quarter, compared to the consensus estimate of $251.72 million. During the same period in the previous year, the business earned $0.26 EPS. American Homes 4 Rent’s revenue for the quarter was up 10.4% compared to the same quarter last year. equities analysts anticipate that American Homes 4 Rent will post 1.11 earnings per share for the current fiscal year.
American Homes 4 Rent announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 22nd that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to buy shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 2nd. Investors 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 1.02%. The ex-dividend date of this dividend is Thursday, June 14th. American Homes 4 Rent’s payout ratio is currently 19.61%.
In related news, EVP Christopher Lau sold 105,000 shares of the firm’s stock in a transaction dated Tuesday, May 8th. The stock was sold at an average price of $20.50, for a total transaction of $2,152,500.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Dann V. Angeloff sold 3,000 shares of the firm’s stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $19.67, for a total value of $59,010.00. The disclosure for this sale can be found here. In the last ninety days, insiders have purchased 769,999 shares of company stock worth $15,418,516. 27.82% of the stock is owned by corporate insiders.
American Homes 4 Rent Company Profile
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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