Published On: Thu, Sep 8th, 2016

American Homes 4 Rent (amh) Declares $0.05 Quarterly Dividend

American Homes 4 Rent (NYSE:amh) announced a quarterly dividend on Wednesday, August 3rd. Stockholders of record on Thursday, September 15th will be paid a dividend of 0.05 per share on Friday, September 30th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Tuesday, September 13th.
American Homes 4 Rent (NYSE:AMH) opened at 22.77 on Thursday. American Homes 4 Rent has a one year low of $13.16 and a one year high of $22.99. The stock’s market capitalization is $5.43 billion. The firm has a 50-day moving average of $21.98 and a 200 day moving average of $18.36.
American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Thursday, August 4th. The company reported $0.21 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by $0.02. The firm had revenue of $221 million for the quarter, compared to analyst estimates of $219.32 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s revenue for the quarter was up 43.9% on a year-over-year basis. On average, equities research analysts anticipate that American Homes 4 Rent will post $0.96 earnings per share for the current fiscal year.

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A number of research analysts recently issued reports on AMH shares. Wells Fargo & Co. reissued a “hold” rating on shares of American Homes 4 Rent in a research report on Wednesday, August 17th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $20.00 price target (up from $19.00) on shares of American Homes 4 Rent in a research report on Saturday, August 13th. FBR & Co lifted their price target on shares of American Homes 4 Rent from $22.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, August 8th. Keefe, Bruyette & Woods lifted their price target on shares of American Homes 4 Rent from $19.00 to $22.00 and gave the company a “market perform” rating in a research report on Monday, August 8th. Finally, TheStreet raised shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Monday, August 1st. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $22.00.
American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company’s primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties.

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