American Homes 4 Rent Stock Performance
NYSE AMH opened at $31.25 on Friday. The stock’s fifty day moving average is $32.67 and its two-hundred day moving average is $35.09. The firm has a market capitalization of $11.05 billion, a P/E ratio of 52.08, a price-to-earnings-growth ratio of 2.67 and a beta of 0.58. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.54 and a current ratio of 0.54. American Homes 4 Rent has a fifty-two week low of $29.31 and a fifty-two week high of $44.07.
American Homes 4 Rent Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Thursday, December 15th will be given a $0.18 dividend. The ex-dividend date is Wednesday, December 14th. This represents a $0.72 dividend on an annualized basis and a yield of 2.30%. American Homes 4 Rent’s dividend payout ratio is currently 120.00%.
Insider Buying and Selling at American Homes 4 Rent
In other American Homes 4 Rent news, COO Bryan Smith sold 5,519 shares of American Homes 4 Rent stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $35.67, for a total value of $196,862.73. Following the sale, the chief operating officer now owns 81,287 shares in the company, valued at $2,899,507.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, COO Bryan Smith sold 5,519 shares of the business’s stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $35.67, for a total value of $196,862.73. Following the sale, the chief operating officer now owns 81,287 shares in the company, valued at approximately $2,899,507.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kenneth M. Woolley sold 10,000 shares of the business’s stock in a transaction on Friday, August 26th. The shares were sold at an average price of $36.69, for a total value of $366,900.00. Following the completion of the sale, the director now owns 20,128 shares in the company, valued at approximately $738,496.32. The disclosure for this sale can be found here. Company insiders own 6.03% of the company’s stock.
Institutional Investors Weigh In On American Homes 4 Rent
Several institutional investors and hedge funds have recently modified their holdings of the company. Ellevest Inc. grew its stake in American Homes 4 Rent by 86.2% during the 2nd quarter. Ellevest Inc. now owns 728 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 337 shares in the last quarter. Arlington Partners LLC acquired a new position in American Homes 4 Rent during the 2nd quarter worth $27,000. Charter Oak Capital Management LLC acquired a new position in American Homes 4 Rent during the 2nd quarter worth $31,000. Bessemer Group Inc. boosted its position in shares of American Homes 4 Rent by 696.7% during the 3rd quarter. Bessemer Group Inc. now owns 956 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 836 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of American Homes 4 Rent during the 3rd quarter worth about $36,000. Hedge funds and other institutional investors own 88.49% of the company’s stock.
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.
Read More
Receive News & Ratings for American Homes 4 Rent Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for American Homes 4 Rent and related companies with MarketBeat.com’s FREE daily email newsletter.