American Homes 4 Rents in-depth stock price analysis indicates that the stock price has rallied 8.33% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 3.76% . Looking at the past 52 week period, the stock price is up at 69.5% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of American Homes 4 Rent has a positive value of 31.95 compared to overall market. American Homes 4 Rent (NYSE:AMH) has climbed 1.33% in the past week and advanced 9.78% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.51% and the outperformance has advanced to 7.81% for the last 4 weeks period.
American Homes 4 Rent (NYSE:AMH) : On Friday heightened volatility was witnessed in American Homes 4 Rent (NYSE:AMH) which led to swings in the share price. The stock opened for trading at $22.8 and hit $23.01 on the upside , eventually ending the session at $22.9, with a gain of 0.26% or 0.06 points. The heightened volatility saw the trading volume jump to 1,192,107 shares. The 52-week high of the share price is $23.01 and the company has a market cap of $5,460 million. The 52-week low of the share price is at $13.16 .
American Homes 4 Rent Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.23. The company had revenue of $236.10 million for the quarter, compared to analysts expectations of $223.41 million. The companys revenue was up 36.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.American Homes 4 Rent was Initiated by Mizuho on Feb 9, 2017 to Neutral, Price Target of the shares are set at $23.
Company has reported several Insider transactions to the SEC, on Dec 2, 2016, Tamara Hughes Gustavson (director) purchased 162,400 shares at 20.52 per share price.On Nov 14, 2016, Douglas N Benham (director) purchased 4,000 shares at 23.42 per share price.On Nov 10, 2016, B Wayne Et Al Hughes (director) purchased 724,021 shares at 20.71 per share price.
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.