American Homes 4 Rent (AMH) concluded trading on Wednesday at a closing price of $36.70, with 4.77 million shares of worth about $175.22 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.14% during that period and on October 30, 2024 the price saw a loss of about -2.91%. Currently the company’s common shares owned by public are about 364.30M shares, out of which, 336.92M shares are available for trading.
Stock saw a price change of -6.02% in past 5 days and over the past one month there was a price change of -3.67%. Year-to-date (YTD), AMH shares are showing a performance of 2.06% which increased to 13.98% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $31.51 but also hit the highest price of $41.41 during that period. The average intraday trading volume for American Homes 4 Rent shares is 2.01 million. The stock is currently trading -3.19% below its 20-day simple moving average (SMA20), while that difference is down -5.37% for SMA50 and it goes to -0.28% lower than SMA200.
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American Homes 4 Rent (NYSE: AMH) currently have 364.30M outstanding shares and institutions hold larger chunk of about 90.68% of that.
The stock has a current market capitalization of $13.45B and its 3Y-monthly beta is at 0.76. PE ratio of stock for trailing 12 months is 38.32, while it has posted earnings per share of $0.96 in the same period. Its PEG reads 5.52 while making debt-to-equity ratio of 0.64. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AMH, volatility over the week remained 2.21% while standing at 1.86% over the month.
Stock’s fiscal year EPS is expected to drop by -20.69% while it is estimated to decrease by -13.28% in next year. EPS is likely to shrink at an annualized rate of 6.94% for next 5-years, compared to annual growth of 66.18% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on September 04, 2024 offering a Buy rating for the stock and assigned a target price of $48 to it. Coverage by Wells Fargo stated American Homes 4 Rent (AMH) stock as an Overweight in their note to investors on August 26, 2024, suggesting a price target of $42 for the stock. On March 22, 2024, Citigroup Upgrade their recommendations, while on January 30, 2024, Deutsche Bank Initiated their ratings for the stock with a price target of $40. Stock get an Outperform rating from Exane BNP Paribas on January 22, 2024.
