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REIT Stocks Under Scanner -- New Residential Investment, American Homes 4 Rent, Equity Residential, and American Campus Communities

EQR, RITM, AMH

PR Newswire

NEW YORK, October 13, 2016 /PRNewswire/ --

Residential REITs are focused primarily on rental apartment buildings, student housing, manufactured housing, and single-family homes. It is one of the largest segments in the REITs sector. This morning, Stock-Callers.com turns investors' attention back to the following companies: New Residential Investment Corp. (NYSE: NRZ), American Homes 4 Rent (NYSE: AMH), Equity Residential (NYSE: EQR), and American Campus Communities Inc. (NYSE: ACC). You can access our complimentary research reports on these stocks now at: http://stock-callers.com/registration

New Residential Investment  

New York-based New Residential Investment Corp.'s stock finished Wednesday's session 0.80% higher at $13.80, with a total trading volume of 1.80 million shares. The Company's shares have advanced 0.20% in the past month, 9.42% over the previous three months, and 26.15% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.15% and 15.94%, respectively. Furthermore, shares of New Residential Investment, which focuses on investing in and managing residential mortgage related assets in the US, have a Relative Strength Index (RSI) of 50.97.

On September 23rd, 2016, New Residential Investment announced that its Board of Directors declared a quarterly dividend of $0.46 per common share for Q3 2016. The dividend is payable on October 28th, 2016 to shareholders of record on October 3rd, 2016.

On October 6th, 2016, research firm Wedbush initiated an 'Outperform' rating on the Company's stock, issuing a target price of $17 per share. Visit us today and download your complete report on NRZ for free at: http://stock-callers.com/registration/?symbol=NRZ

American Homes 4 Rent  

On Wednesday, shares in Malibu, California-based American Homes 4 Rent ended the session at $20.46, up 0.79%. The stock recorded a trading volume of 1.31 million shares. The Company's shares have gained 23.84% since the start of this year. The stock is trading 13.64% above its 200-day moving average. Moreover, shares of American Homes 4 Rent, which engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the US, have an RSI of 35.60.

On October 6th, 2016, the company announced that it will release its Q3 2016 financial and operating results on November 3rd, 2016, after the market closes. The company will host a conference call on November 4th, 2016, at 11:00 a.m. ET to review Q3 2016 results, discuss recent events and conduct a question-and-answer period.

On October 11th, 2016, research firm JMP Securities initiated a 'Market Outperform' rating on the Company's stock. The complimentary research report on AMH can be accessed at: http://stock-callers.com/registration/?symbol=AMH

Equity Residential  

Chicago, Illinois headquartered Equity Residential's stock ended yesterday's session 1.07% higher at $61.15. A total volume of 3.11 million shares was traded, which was above their three months average volume of 2.54 million shares. The Company's shares have advanced 2.95% in the past month. The stock is trading 1.79% below its 50-day moving average. Additionally, shares of Equity Residential, which engages in the acquisition, development, and management of multifamily properties in the US, have an RSI of 42.52.

On September 27th, 2016, Equity Residential reaffirmed its full year same store revenue growth guidance range of 3.5% to 4.0% as provided in the company's updated 2016 guidance published on July 26th, 2016. Register for free on Stock-Callers.com and download the PDF research report on EQR at: http://stock-callers.com/registration/?symbol=EQR

American Campus Communities  

At the close on Wednesday, shares in Austin, Texas-based American Campus Communities Inc. recorded a trading volume of 802,612 shares, which was above their three months average volume of 766,330 shares. The stock finished 2.59% higher at $48.28. The Company's shares have gained 1.22% in the last one month and 19.89% on an YTD basis. The stock is trading above its 200-day moving average by 3.62%. Furthermore, shares of American Campus Communities, which invests in the real estate markets of the US, have an RSI of 43.24.

On September 23rd, 2016, research firm CapitalOne initiated an 'Equal Weight' rating on the Company's stock.

On September 27th, 2016, the company announced that as of September 26th, 2016, its 2017 same store wholly-owned portfolio, which excludes 19 assets held for sale, was 97.3% leased compared to 97.0% leased as of September 30th, 2015, with a 3.5% projected rental rate increase over in-place rents. The company's new wholly-owned properties are 91.9% leased. Excluding Merwick Stanworth Phase II, the company's 2016 new development deliveries are leased to an average of 97.7%. Get free access to your research report on ACC at: http://stock-callers.com/registration/?symbol=ACC

--

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