American Homes 4 Rent (NYSE:AMH) Price Target Cut to $37.00 by Analysts at Mizuho

American Homes 4 Rent (NYSE:AMH) had its price objective lowered by analysts at Mizuho from $41.00 to $37.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s target price would suggest a potential upside of 4.48% from the company’s previous close.

A number of other research analysts have also recently weighed in on the stock. StockNews.com cut shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Tuesday, December 3rd. Deutsche Bank Aktiengesellschaft cut shares of American Homes 4 Rent from a “buy” rating to a “hold” rating and cut their price objective for the company from $40.00 to $37.00 in a report on Tuesday, January 21st. Morgan Stanley raised shares of American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $39.00 to $40.00 in a report on Friday, January 24th. JMP Securities reaffirmed a “market outperform” rating and issued a $41.00 price objective on shares of American Homes 4 Rent in a report on Tuesday, January 14th. Finally, Royal Bank of Canada cut their price objective on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating for the company in a report on Monday, February 24th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $40.33.

American Homes 4 Rent Trading Up 2.2 %

NYSE AMH opened at $35.41 on Thursday. The company has a market capitalization of $13.11 billion, a PE ratio of 32.79, a P/E/G ratio of 3.56 and a beta of 0.77. The company has a fifty day moving average of $35.44 and a 200 day moving average of $37.13. American Homes 4 Rent has a 1 year low of $34.01 and a 1 year high of $41.41. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.58.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.30. The company had revenue of $436.59 million during the quarter, compared to the consensus estimate of $442.02 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. Research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current year.

Institutional Trading of American Homes 4 Rent

Institutional investors and hedge funds have recently modified their holdings of the stock. Atria Investments Inc grew its stake in American Homes 4 Rent by 0.4% during the 4th quarter. Atria Investments Inc now owns 84,843 shares of the real estate investment trust’s stock valued at $3,175,000 after acquiring an additional 316 shares in the last quarter. Assetmark Inc. grew its stake in American Homes 4 Rent by 37.1% during the 4th quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 375 shares in the last quarter. Quadrant Capital Group LLC grew its stake in American Homes 4 Rent by 11.9% during the 4th quarter. Quadrant Capital Group LLC now owns 3,532 shares of the real estate investment trust’s stock valued at $132,000 after acquiring an additional 376 shares in the last quarter. Jones Financial Companies Lllp grew its stake in American Homes 4 Rent by 56.6% during the 4th quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 392 shares in the last quarter. Finally, State of Michigan Retirement System grew its stake in American Homes 4 Rent by 0.5% during the 4th quarter. State of Michigan Retirement System now owns 75,100 shares of the real estate investment trust’s stock valued at $2,810,000 after acquiring an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.