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

American Homes 4 Rent (NYSE:AMH) released its quarterly earnings results on Wednesday. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.30, Zacks reports. American Homes 4 Rent had a return on equity of 6.04% and a net margin of 25.27%.The business had revenue of $472.02 million during the quarter, compared to the consensus estimate of $470.62 million. During the same quarter in the previous year, the business earned $0.46 EPS. The company’s quarterly revenue was up 2.8% on a year-over-year basis. American Homes 4 Rent updated its FY 2026 guidance to 1.890-1.950 EPS.

American Homes 4 Rent Stock Performance

NYSE:AMH traded down $0.39 during trading hours on Friday, reaching $32.03. The company had a trading volume of 3,416,913 shares, compared to its average volume of 4,013,801. American Homes 4 Rent has a 52 week low of $27.22 and a 52 week high of $39.01. The firm’s 50 day moving average price is $29.57 and its 200-day moving average price is $30.92. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. The firm has a market cap of $11.65 billion, a price-to-earnings ratio of 26.04, a PEG ratio of 4.68 and a beta of 0.82.

American Homes 4 Rent Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Friday, March 13th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a dividend yield of 4.1%. American Homes 4 Rent’s dividend payout ratio is presently 107.32%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AMH. Barclays upped their price objective on American Homes 4 Rent from $31.00 to $32.00 and gave the company an “equal weight” rating in a research note on Monday, April 27th. Citigroup dropped their price objective on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a report on Monday, March 2nd. BMO Capital Markets restated a “market perform” rating and set a $37.00 price target on shares of American Homes 4 Rent in a research report on Friday, January 9th. Raymond James Financial reiterated a “market perform” rating on shares of American Homes 4 Rent in a research report on Friday, February 27th. Finally, UBS Group cut their price objective on American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating for the company in a report on Thursday, January 8th. Eight analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, American Homes 4 Rent presently has a consensus rating of “Hold” and an average target price of $35.39.

Insider Activity at American Homes 4 Rent

In related news, Director David Goldberg acquired 2,000 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average cost of $29.30 per share, with a total value of $58,600.00. Following the transaction, the director directly owned 36,723 shares in the company, valued at approximately $1,075,983.90. This represents a 5.76% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Douglas N. Benham bought 1,200 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were purchased at an average price of $24.20 per share, for a total transaction of $29,040.00. Following the purchase, the director owned 44,717 shares in the company, valued at $1,082,151.40. This trade represents a 2.76% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 6,771 shares of company stock valued at $183,684 over the last 90 days. 5.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMH. State Street Corp increased its holdings in shares of American Homes 4 Rent by 2.2% in the third quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock worth $612,605,000 after purchasing an additional 399,894 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of American Homes 4 Rent by 30.1% in 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 during the last quarter. Dimensional Fund Advisors LP grew its position in American Homes 4 Rent by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,930,829 shares of the real estate investment trust’s stock worth $158,281,000 after acquiring an additional 70,726 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in American Homes 4 Rent by 5.5% in the fourth 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 acquiring an additional 250,174 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in American Homes 4 Rent by 3,526.2% during the fourth quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock worth $147,655,000 after acquiring an additional 4,472,998 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors.

American Homes 4 Rent Company Profile

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.