Morgan Stanley increases target price for US home rentals 4

As of September 1, 2023, Morgan Stanley has revised its rental target price for US 4 homes, increasing it to $37 from a previous $34.50. Along with this amendment, they have maintained an equal rating for the company.

When considering the opinions of various analysts polled by Capital IQ, the average outperformance rating and target price range for American Homes 4 Rent is between $35 and $43.

It is important to note that these numbers are accurate as of the date stated above and reflect assessments made by industry professionals.

American homes 4 for rent

AMH

Solid deal

Updated on: 01/09/2023

price target

Present $36.02

Agreed $41.65


a little $32.00

Mediator $43.00

high $47.00

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social feelings

We did not find social sentiment data for this stock

Analyst ratings

Analyst / Company evaluation
Jeffries He sells
Evercore ISI He buys
RBC Capital He buys
Barclays He buys

Richard Hill
Morgan Stanley

He buys

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AMH Stock: Stable performance on September 1, 2023 with impressive earnings growth

AMH stock achieved a relatively stable performance on September 1, 2023. The previous close of the stock was $36.04, and it opened at $36.11. Over the course of the day, its price ranged from $35.95 to $36.25. The trading volume for today was 223,088 shares.

AMH, with a market capitalization of $12.8 billion, is a Real Estate Investment Trust (REIT) operating in the finance sector. The company has shown impressive growth in its profits over the past year, with a growth rate of 72.07%. However, its earnings growth for the year has fallen by 12.36%. Looking ahead, AMH is expected to achieve a moderate earnings growth rate of 6.30% over the next five years.

In terms of revenue growth, AMH achieved a positive growth rate of 13.51% last year. In addition, AMH enjoys a net profit margin of 18.08%.

When looking at valuation metrics, AMH has a price-earnings ratio (P/E) of 36.8. The price-to-sales ratio is 7.00, and the price-to-book ratio is 1.93.

On September 1, 2023, AMH stock performance was relatively stable compared to other companies in the real estate investment fund space. UDR Inc witnessed a slight decrease of 0.30%, while Equity LifeStyle Properties Inc saw a slight increase of 0.04%. Gaming and Leisure Properties Inc posted the most significant gain of 0.30%, and WP Carey Inc posted the most significant gain of 0.43%.

AMH’s next reporting date is scheduled for November 2, 2023, when investors will have a better understanding of the company’s financial performance for the current quarter. Analysts expect earnings per share (EPS) of $0.11 for the quarter. In the previous year, AMH had annual revenues of $1.5 billion and profits of $272.4 million.

In short, AMH stock had a relatively stable performance on September 1, 2023. The company showed strong earnings and revenue growth last year, but this year its growth rate has declined. Despite this, AMH has a good net profit margin and is managing its expenses efficiently. Investors should watch the company’s next reporting date to get more information about its financial performance.

American Homes 4 Rental Inventory Analysis: Stable Performance with Potential Increase in the Future

On September 1, 2023, the last price for American Homes 4 Rent (AMH) stock was $36.04. According to data from CNN Money, there were 17 analysts providing 12-month price forecasts for AMH. The average price target was $38.00, with a high estimate of $43.00 and a low estimate of $36.00. This indicates a potential increase of 5.44% from the last price.

The consensus among 20 investment analysts surveyed was to hold stock in American Homes 4 Rent. This rating has remained stable since August, with no changes from the comment rating. This indicates that analysts believe that the stock is somewhat overvalued at its current price and do not recommend buying or selling at this time.

Investors should do their own research and consider various factors before making investment decisions.

In terms of the company’s financial performance, American Homes 4 Rent reported earnings per share of $0.11 for the current quarter. Sales for the same period amounted to $416.5 million. The reporting date for these numbers is November 2.

Overall, based on the data provided, American Homes 4 Rent’s stock performance on September 1, 2023 appeared stable with an Analyst Commentary rating and Average Price Target indicating a potential increase in the future. Investors should continue to monitor the company’s financial reports and market conditions to make informed investment decisions.

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