American Homes 4 Rent | AMH

Daily Technical Analysis of American Homes 4 Rent

American Homes 4 Rent is down a bit on the day, funds flowing out kept the price down -1.02% since yesterday. It looks like AMH may be interacting with a slightly angled resistance line. This area could represent a pivot point. AMH hasn't had very clear momentum over the last 3 months in either direction. Which makes it a little harder to predict. But hasn't presented the buying pressure to make me feel certain it can punch through.

If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price does in fact bounce off here, it might find nearest support down at the $34.44 level, hard to say where it will go from there though.

Analyst Ratings for American Homes 4 Rent By Price Target And Rating

The analysts are pretty neutral on AMERICAN HOMES 4 RENT right now, so not much useful information here. The current Analysts Sentiment Score is 2.99. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Raymond James gave a boost to their price target and moved to $41.00 from $40.00 on 2024-03-28. Citigroup upgraded from Neutral to Buy on 2024-03-22 and also increased their price target by 10.81% to $41.00. Mizuho gave a boost to their price target and moved to $39.00 from $37.00 on 2024-03-20. Royal Bank of Canada announced that they are reiterating a rating of Outperform on 2024-02-26 and added a price target of $39.00. On 2024-01-30 Deutsche Bank Aktiengesel started covering AMERICAN HOMES 4 RENT with a rating of Buy and added a price target of $40.00. BNP Paribas initiated a rating of Outperform on 2024-01-22 and added a price target of $42.00. Jefferies Financial Group upgraded from Hold to Buy on 2024-01-02 and also increased their price target by 20.59% to $41.00. Evercore ISI provided a price target decease of -5.26% to $36.00 from $38.00 on 2023-10-09. UBS Group initiated a rating of Neutral on 2023-09-29 and provided a price target of $35.00. Morgan Stanley gave a boost to their price target and moved to $37.00 from $34.50 on 2023-09-01.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for AMERICAN HOMES 4 RENT

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for AMERICAN HOMES 4 RENT

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.