J.P. Morgan analyst Anthony Paolone maintained a Buy rating on American Homes (NYSE:AMH) on Thursday, setting a price target of $46, which is approximately 8.88% above the present share price of $42.25.
Paolone expects American Homes to post earnings per share (EPS) of $0.11 for the fourth quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in American Homes, with an average price target of $45.71.
The analysts price targets range from a high of $48 to a low of $42.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $339.56 million and a net profit of $73.17 million. The company's market cap is $14.13 billion.
According to TipRanks.com, J.P. Morgan analyst Anthony Paolone is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.6% and a 66.52% 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.