With 3.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.2 million shares. During the session, the REIT – Residential company that operates in wider Real Estate sector, reached to the highest price of $36.49 whereas the lowest price it dropped to was $35.7. The 52-week range on AMH shows that it touched its highest point at $41.41 and its lowest point at $33.75 during that stretch. It currently has a 1-year price target of $41.10. With its current market cap of 13.26 billion, AMH has annualized dividend of $1.04 while the current yield stands at 2.90%. Beta for the stock currently stands at 0.79.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMH was down-trending over the past week, with a drop of -3.13%, but this was down by -4.01% over a month. Three-month performance dropped to -5.18% while six-month performance fell -3.63%. The stock gained 1.33% in the past year, while it has lost -4.12% so far this year. A look at the trailing 12-month EPS for AMH yields 0.96 with Next year EPS estimates of 0.67. For the next quarter, that number is 0.16. This implies an EPS growth rate of -11.84% for this year and -24.43% for next year. EPS is expected to grow by 6.41% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 66.18%.
Float and Shares Shorts:
At present, 365.89 million AMH shares are outstanding with a float of 340.01 million shares on hand for trading. On 2024-12-13, short shares totaled 9.96 million, which was 269.0 higher than short shares on 1731628800. In addition to Mr. Christopher C. Lau as the firm’s CFO & Senior EVP, Mr. Brian F. Reitz serves as its Executive Vice President & Chief Accounting Officer.
Institutional Ownership:
Through their ownership of 0.88167 of AMH’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, AMH reported revenue of $445055000.0 and operating income of $102113000.0. The EBITDA in the recently reported quarter was $230060000.0 and diluted EPS was $0.2.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMH since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AMH analysts setting a high price target of 44.0 and a low target of 38.0, the average target price over the next 12 months is 41.10526. Based on these targets, AMH could surge 22.63% to reach the target high and rise by 5.91% to reach the target low. Reaching the average price target will result in a growth of 14.56% from current levels.
Analysts have provided yearly estimates in a range of $0.94695 being high and $0.88538 being low. For AMH, this leads to a yearly average estimate of $0.89041.
