Price Don’t Lie: Is Buying American Homes 4 Rent Here a Winning Strategy?

Price Don't Lie: Is Buying American Homes 4 Rent Here a Winning Strategy?

The stock of American Homes 4 Rent (NYSE:AMH) is a huge mover today! American Homes 4 Rent (NYSE:AMH) has risen 31.17% since March 8, 2016 and is uptrending. It has outperformed by 21.85% the S&P500.
The move comes after 8 months positive chart setup for the $4.90B company. It was reported on Oct, 11 by Barchart.com. We have $28.44 PT which if reached, will make NYSE:AMH worth $1.91B more.

Analysts await American Homes 4 Rent (NYSE:AMH) to report earnings on November, 3. They expect $0.23 earnings per share, up 21.05% or $0.04 from last year’s $0.19 per share. AMH’s profit will be $55.08 million for 22.24 P/E if the $0.23 EPS becomes a reality. After $0.25 actual earnings per share reported by American Homes 4 Rent for the previous quarter, Wall Street now forecasts -8.00% negative EPS growth.

American Homes 4 Rent (NYSE:AMH) Ratings Coverage

Out of 5 analysts covering American Homes 4 Rent (NYSE:AMH), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. American Homes 4 Rent has been the topic of 6 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The stock of American Homes 4 Rent (NYSE:AMH) earned “Outperform” rating by FBR Capital on Monday, August 8. On Thursday, December 17 the stock rating was downgraded by JP Morgan to “Neutral”. The stock of American Homes 4 Rent (NYSE:AMH) earned “Market Outperform” rating by Wood on Wednesday, March 9. The stock of American Homes 4 Rent (NYSE:AMH) has “Sell” rating given on Tuesday, August 18 by Zacks.

According to Zacks Investment Research, “American Homes 4 Rent is an internally managed real estate investment trust. It is focused on acquiring, renovating, leasing, and operating single-family homes as rental properties. It rents residential properties primarily in Arizona, California, Florida, Georgia, and Nevada. American Homes 4 Rent is based in Malibu, California.”

Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 1.30, from 2.29 in 2016Q1. The ratio fall, as 20 funds sold all American Homes 4 Rent shares owned while 72 reduced positions. 27 funds bought stakes while 64 increased positions. They now own 170.20 million shares or 2.79% more from 165.58 million shares in 2016Q1.
Envestnet Asset Management has 44,993 shares for 0% of their US portfolio. Citigroup Inc holds 0% of its portfolio in American Homes 4 Rent (NYSE:AMH) for 159,399 shares. Raymond James Assoc has invested 0.07% of its portfolio in American Homes 4 Rent (NYSE:AMH). Loeb Partners Corporation has invested 1.65% of its portfolio in American Homes 4 Rent (NYSE:AMH). Rafferty Asset Management Ltd Com accumulated 17,928 shares or 0.02% of the stock. Aqr Capital Mgmt Limited Com last reported 0% of its portfolio in the stock. Growth Mngmt L P has invested 2.19% of its portfolio in American Homes 4 Rent (NYSE:AMH). Boston owns 12.86 million shares or 0.38% of their US portfolio. The New York-based Quantbot Technologies Limited Partnership has invested 0.05% in American Homes 4 Rent (NYSE:AMH). Forward Management Ltd Liability Com has 2.25 million shares for 3.86% of their US portfolio. Fmr Limited Liability last reported 3.41 million shares in the company. Clearbridge Ltd Company reported 6.48 million shares or 2.64% of all its holdings. Wells Fargo & Com Mn has invested 0% of its portfolio in American Homes 4 Rent (NYSE:AMH). Savings Bank Of Montreal Can has 0.04% invested in the company for 1.78 million shares. Lazard Asset Mngmt Ltd Limited Liability Company reported 212,665 shares or 0.01% of all its holdings.

More recent American Homes 4 Rent (NYSE:AMH) news were published by: Prnewswire.com which released: “American Homes 4 Rent to Present at the JMP Financial Services and Real Estate …” on September 15, 2016. Also Prnewswire.com published the news titled: “American Homes 4 Rent Announces Dates of Third Quarter 2016 Earnings Release …” on October 06, 2016. Nasdaq.com‘s news article titled: “American Homes 4 Rent is Now Oversold (AMH)” with publication date: October 05, 2016 was also an interesting one.

AMH Company Profile

American Homes 4 Rent, incorporated on October 19, 2012, 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. The Firm operates in the segment with activities related to acquiring, renovating, leasing and operating single-family homes as rental properties. It owns approximately 38,780 single-family properties in over 20 states and has an additional over 10 properties in escrow that the Company seeks to acquire. Approximately 36,400 or 93.9% of its properties are leased. The Firm has an integrated operating platform that offers property management, acquisitions, construction, marketing, leasing, financial and administrative functions. The Firm is externally managed and advised by American Homes 4 Rent Advisor, LLC (the Advisor) and the leasing, managing and advertising of its properties is overseen and directed by American Homes 4 Rent Management Holdings, LLC (the Property Manager), both of which are subsidiaries of American Homes 4 Rent, LLC (AH LLC).

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