Streetbeat News

AMH

American Homes 4 Rent

https://www.americanhomes4rent.com

Industry

REIT - Residential

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and American Homes 4 Rent is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of September 30, 2020, we owned 53,229 single-family properties in selected submarkets in 22 states.

Open

35.87

Mkt cap

13B

Volume

126K

High

36.13

P/E Ratio

33.37

52-wk high

41.41

Low

35.73

Div yield

0.03

52-wk low

34.01

AMH will release its Q4 and full year 2024 earnings on February 20, 2025, followed by a conference call on February 21, 2025.

Portfolio Pulse from

January 17, 2025 | 9:30 pm

The World Beaters portfolio of 10 REITs, selected for their potential double-digit dividend growth, underperformed in share price, achieving a total return of -3.48%. Despite strong operating results, the portfolio did not meet expectations for share price outperformance, though it did outyield the VNQ by 12 basis points.

Portfolio Pulse from

January 07, 2025 | 3:45 pm

American Homes 4 Rent has announced the pricing of a $500 million public offering of 5.250% Senior Notes due 2035.

Portfolio Pulse from

December 02, 2024 | 9:30 pm

AMH has declared a dividend of $0.26 per share for Q4 2024, payable on December 31, 2024, to shareholders of record on December 13, 2024.

Portfolio Pulse from

November 07, 2024 | 12:30 am

Five US REITs have suspended dividends in 2024, including SITE Centers Corp., while six others have reduced payouts. This contrasts with over a third of the industry raising dividends.

Portfolio Pulse from

November 06, 2024 | 7:45 am

American Homes 4 Rent shares are trading lower following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 4:26 pm

Evercore ISI Group has maintained an In-Line rating on American Homes 4 Rent (NYSE:AMH) but has lowered the price target from $42 to $41.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 2:22 pm

American Homes 4 Rent has increased its FY2024 FFO guidance range to $1.76-1.78, aligning with analyst estimates. This adjustment suggests a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:30 pm

American Homes 4 Rent (NYSE:AMH) reported Q3 2024 earnings per share of $0.44, surpassing the analyst estimate of $0.43. The company's sales reached $445.055 million, exceeding the expected $436.292 million and marking a 5.54% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:11 pm

American Homes 4 Rent (NYSE:AMH) has been analyzed by 9 analysts, showing a range of perspectives from bullish to bearish. The average 12-month price target has increased by 7.92% to $42.22. Analysts have raised their ratings and price targets, indicating a positive outlook. The company has a strong market position with a market cap above industry standards, a net margin of 21.76%, and a debt-to-equity ratio of 0.71.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 1:00 pm

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