American Homes 4 Rent with ticker code (AMH) now have 18 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 38 and 30 and has a mean target at $34.64. Given that the stocks previous close was at $30.57 this would imply there is now a potential upside of 13.3%. Also worth taking note is the 50 day moving average now sits at $32.35 and the 200 day moving average is $33.64. The company has a market cap of $12,630m. Visit the company website at: https://www.americanhomes4rent.com
The potential market cap would be $14,312m based on the market consensus.
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, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of September 30, 2020, we owned 53,229 single-family properties in selected submarkets in 22 states.
The company has a dividend yield of 2.88% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 42.87, revenue per share of 4.27 and a 1.66% return on assets.
