B. Riley Weighs in on American Homes 4 Rent’s Q4 2019 Earnings (NYSE:AMH)

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American Homes 4 Rent (NYSE:AMH) – Analysts at B. Riley decreased their Q4 2019 EPS estimates for American Homes 4 Rent in a research note issued on Friday, August 16th. B. Riley analyst A. Rygiel now expects that the real estate investment trust will post earnings of $0.29 per share for the quarter, down from their previous estimate of $0.30. B. Riley has a “Buy” rating and a $28.00 price target on the stock.

A number of other equities research analysts have also weighed in on the company. Citigroup lowered American Homes 4 Rent from a “buy” rating to a “neutral” rating and set a $25.00 price objective for the company. in a research note on Tuesday, June 11th. BTIG Research lowered American Homes 4 Rent from a “buy” rating to a “neutral” rating in a research note on Thursday, August 1st. They noted that the move was a valuation call. ValuEngine lowered American Homes 4 Rent from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, Zacks Investment Research upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Wednesday, August 7th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. American Homes 4 Rent has a consensus rating of “Hold” and a consensus price target of $24.89.

Shares of NYSE AMH opened at $25.11 on Monday. American Homes 4 Rent has a fifty-two week low of $18.91 and a fifty-two week high of $26.00. The business has a 50 day moving average price of $24.93 and a two-hundred day moving average price of $23.79. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.47. The firm has a market cap of $7.48 billion, a PE ratio of 23.69, a price-to-earnings-growth ratio of 2.11 and a beta of 0.62.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Monday, July 29th. The real estate investment trust reported $0.08 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.19). The company had revenue of $281.90 million for the quarter, compared to analysts’ expectations of $279.04 million. American Homes 4 Rent had a net margin of 10.02% and a return on equity of 1.86%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 earnings per share.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, September 12th. This represents a $0.20 dividend on an annualized basis and a yield of 0.80%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 18.87%.

In other news, insider Bryan Smith sold 10,519 shares of American Homes 4 Rent stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $24.44, for a total value of $257,084.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 27.58% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its position in American Homes 4 Rent by 1.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,040,639 shares of the real estate investment trust’s stock valued at $80,207,000 after acquiring an additional 52,196 shares during the last quarter. Geode Capital Management LLC increased its position in American Homes 4 Rent by 16.3% during the fourth quarter. Geode Capital Management LLC now owns 3,498,653 shares of the real estate investment trust’s stock valued at $69,448,000 after acquiring an additional 490,791 shares during the last quarter. Nisa Investment Advisors LLC increased its position in American Homes 4 Rent by 28.5% during the first quarter. Nisa Investment Advisors LLC now owns 62,200 shares of the real estate investment trust’s stock valued at $1,413,000 after acquiring an additional 13,800 shares during the last quarter. Brinker Capital Inc. bought a new position in shares of American Homes 4 Rent in the first quarter worth about $215,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of American Homes 4 Rent in the first quarter worth about $628,000. Institutional investors own 84.64% of the company’s stock.

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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