American Homes 4 Rent (NYSE:AMH) Announces Earnings Results

American Homes 4 Rent (NYSE:AMHGet Free Report) issued its earnings results on Thursday. The real estate investment trust reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.13, FiscalAI reports. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The business had revenue of $415.99 million for the quarter, compared to the consensus estimate of $466.51 million. American Homes 4 Rent updated its FY 2026 guidance to 1.930-1.970 EPS.

American Homes 4 Rent Trading Down 1.5%

AMH stock traded down $0.52 on Thursday, hitting $33.19. 2,275,567 shares of the company were exchanged, compared to its average volume of 3,476,614. The stock has a market capitalization of $11.97 billion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 4.56 and a beta of 0.79. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. The business’s fifty day moving average is $33.04 and its two-hundred day moving average is $31.31. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $36.10.

American Homes 4 Rent Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.32 annualized dividend and a yield of 4.0%. American Homes 4 Rent’s dividend payout ratio is 107.32%.

Insider Buying and Selling

In other news, Director Jack E. Corrigan acquired 2,041 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were bought at an average cost of $23.53 per share, for a total transaction of $48,024.73. Following the acquisition, the director directly owned 17,000 shares in the company, valued at $400,010. This trade represents a 13.64% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders bought 5,000 shares of company stock worth $117,024 in the last ninety days. Corporate insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

Several large investors have recently made changes to their positions in AMH. State Street Corp raised its stake in shares of American Homes 4 Rent by 2.2% in the 3rd quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock valued at $612,605,000 after acquiring an additional 399,894 shares during the period. Invesco Ltd. lifted its holdings in shares of American Homes 4 Rent by 30.1% during the 4th quarter. Invesco Ltd. now owns 6,161,646 shares of the real estate investment trust’s stock valued at $197,789,000 after acquiring an additional 1,425,912 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in American Homes 4 Rent by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,930,829 shares of the real estate investment trust’s stock worth $158,281,000 after purchasing an additional 70,726 shares during the period. Charles Schwab Investment Management Inc. boosted its position in American Homes 4 Rent by 5.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,785,435 shares of the real estate investment trust’s stock worth $153,612,000 after purchasing an additional 250,174 shares during the period. Finally, Bank of Montreal Can increased its holdings in American Homes 4 Rent by 3,526.2% in the 4th quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock valued at $147,655,000 after purchasing an additional 4,472,998 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

Analyst Ratings Changes

AMH has been the topic of a number of analyst reports. Weiss Ratings raised American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Compass Point initiated coverage on American Homes 4 Rent in a research note on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price target on the stock. Royal Bank Of Canada upped their price objective on American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Barclays increased their price objective on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. Finally, Wells Fargo & Company boosted their target price on shares of American Homes 4 Rent from $34.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $36.47.

Read Our Latest Stock Analysis on American Homes 4 Rent

American Homes 4 Rent Company Profile

(Get Free Report)

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.

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Earnings History for American Homes 4 Rent (NYSE:AMH)

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