RBC Capital analyst Brad Heffern maintained a Buy rating on American Homes (NYSE:AMH) on Friday, setting a price target of $45, which is approximately 7.12% above the present share price of $42.01.
Heffern expects American Homes to post earnings per share (EPS) of $0.10 for the third quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in American Homes, with an average price target of $41.83.
The analysts price targets range from a high of $46 to a low of $36.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $312.57 million and a net profit of $64.9 million. The company's market cap is $13.56 billion.
According to TipRanks.com, RBC Capital analyst Brad Heffern is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.6% and a 54.05% 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.