- American Homes 4 Rent (NYSE:AMH) has priced its upsized public offering of 13M (from 11M) Class A common shares, for expected gross proceeds of ~$364M.
- Underwriters' overallotment is an additional 1.95M shares.
- BofA Securities and Morgan Stanley are acting as joint book-runners.
- Closing date is August 20.
- While SA Author Josh Arnold is Bearish on this stock in his article "American Homes 4 Rent Is A Strong Sell", Wall Street Analysts are Bullish with price target of $29.31.
American Homes 4 Rent raises $364M in public offering
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Symbol | Last Price | % Chg |
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AMH | - | - |
American Homes 4 Rent |