American Homes 4 Rent (NYSE:AMH) registered a 1.08% increase, still its new closing price is 72.74% up from the company’s 1 year high of 22.88.It posted 4.90% gains in previous 5 sessions and is now the subject of 4 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 4 buy or better ratings. The 10 stock analysts following this company have an average price target at $23.94, with individual PT in the $21.50-$26.00 range. The shares moved at $22.49, implying that brokerage firms see shares gaining about 51.96% in twelve months time.
American Homes 4 Rent (AMH) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 7.20% rise year to date. A Director at American Homes 4 Rent (AMH) acquired shares in a transaction closed on Thursday December 01, 2016. GUSTAVSON TAMARA HUGHES bought 162,400 shares in the company at $20.52 each and collected $3,332,000 in proceeds. GUSTAVSON TAMARA HUGHES now owns 13,138,642 shares in the company after this transaction. A Director in the company, GUSTAVSON TAMARA HUGHES, disclosed a transaction on Thursday November 17, 2016 that ended up paying $1,657,001 from the purchase of 80,681 shares at $20.55 per share.
American Homes 4 Rent (NYSE:AMH) Upcoming Results on Tap
American Homes 4 Rent will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.02 in that period. Sales during the quarter are predicted to arrive at $229.52 million.
Earnings surprise history: Last quarter, the company posted approximately $236.06 million in revenue and EPS of $-0.03. The mean forecast was for $224.63 million and $-0.05 a share, respectively. One quarter earlier, revenue for the stock was at $220.97 million, with earnings at $-0.04/share.
American Homes 4 Rent (AMH) Brokerage Update
American Homes 4 Rent (AMH) is in Keefe Bruyette’s research list so their analyst rating change is noteworthy. These shares were downgraded to Mkt Perform from Outperform by Keefe Bruyette, according to news reported on Wednesday March 09, 2016.Another important research note was issued by JP Morgan on Thursday December 17, 2015.The firm downgraded AMH to Neutral from Overweight. Over the last six months and over the last three months, the shares of American Homes 4 Rent (AMH), have changed 5.10% and 10.57%, respectively.