Evercore ISI analyst Steve Sakwa maintained a Buy rating on American Homes (NYSE:AMH) on Friday, setting a price target of $46, which is approximately 15.37% above the present share price of $39.87.
Sakwa expects American Homes to post earnings per share (EPS) of $0.06 for the fourth quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in American Homes, with an average price target of $45.35.
The analysts price targets range from a high of $49 to a low of $42.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $313.65 million and a net profit of $70.75 million. The company's market cap is $12.87 billion.
According to TipRanks.com, Evercore ISI analyst Steve Sakwa is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 4.2% and a 64.15% success rate.
American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating single-family home as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Agoura Hills, CA.