ValuEngine upgraded shares of Colony Starwood Homes (NYSE:SFR) from a hold rating to a buy rating in a report issued on Friday morning.
SFR has been the topic of a number of other research reports. B. Riley restated a buy rating on shares of Colony Starwood Homes in a research report on Thursday. Zacks Investment Research upgraded Colony Starwood Homes from a hold rating to a buy rating and set a $40.00 price target on the stock in a research report on Thursday, September 28th. Mizuho reaffirmed a neutral rating and set a $35.00 price objective (down from $41.00) on shares of Colony Starwood Homes in a research note on Friday, August 11th. Finally, Citigroup Inc. started coverage on Colony Starwood Homes in a research note on Thursday, July 20th. They set a buy rating and a $40.00 price objective on the stock. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $37.18.
Colony Starwood Homes (NYSE SFR) traded up $0.71 during midday trading on Friday, reaching $38.30. The company’s stock had a trading volume of 1,410,000 shares, compared to its average volume of 1,357,476. Colony Starwood Homes has a twelve month low of $28.10 and a twelve month high of $38.56. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 1.12. The stock has a market capitalization of $4,824.86, a P/E ratio of 20.32, a price-to-earnings-growth ratio of 4.00 and a beta of 0.89.
Colony Starwood Homes (NYSE:SFR) last released its quarterly earnings results on Wednesday, November 8th. The financial services provider reported $0.45 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.01). Colony Starwood Homes had a negative net margin of 7.41% and a negative return on equity of 1.11%. The firm had revenue of $169.70 million for the quarter, compared to analysts’ expectations of $163.69 million. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. analysts expect that Colony Starwood Homes will post 1.83 earnings per share for the current year.
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The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Tuesday, October 24th were paid a dividend of $0.11 per share. The ex-dividend date was Monday, October 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.15%. Colony Starwood Homes’s dividend payout ratio (DPR) is currently -219.99%.
Several large investors have recently made changes to their positions in SFR. BlackRock Inc. grew its stake in shares of Colony Starwood Homes by 8,420.0% during the first quarter. BlackRock Inc. now owns 6,837,069 shares of the financial services provider’s stock valued at $232,118,000 after buying an additional 6,756,822 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Colony Starwood Homes by 28.3% in the second quarter. Vanguard Group Inc. now owns 19,334,329 shares of the financial services provider’s stock worth $663,362,000 after purchasing an additional 4,265,140 shares during the last quarter. Janus Henderson Group PLC bought a new stake in shares of Colony Starwood Homes in the second quarter worth about $131,146,000. Principal Financial Group Inc. grew its stake in shares of Colony Starwood Homes by 28.1% in the third quarter. Principal Financial Group Inc. now owns 8,317,096 shares of the financial services provider’s stock worth $302,492,000 after purchasing an additional 1,822,881 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. bought a new stake in shares of Colony Starwood Homes in the third quarter worth about $45,290,000.
About Colony Starwood Homes
Starwood Waypoint Homes, formerly Colony Starwood Homes, is an internally managed real estate investment trust (REIT). The Company was formed primarily to acquire, renovate, lease and manage residential assets in select markets across the United States. It is focused on acquiring single-family rental (SFR) homes through a variety of channels, renovating these homes to the extent necessary and leasing them to qualified residents.
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