American Homes 4 Rent (NYSE:AMH) Releases Quarterly Earnings Results, Beats Estimates By $0.13 EPS

American Homes 4 Rent (NYSE:AMHGet Free Report) announced its quarterly earnings data on Thursday. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $415.99 million during the quarter, compared to analyst estimates 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%

Shares of AMH traded down $0.52 during trading on Thursday, reaching $33.19. 2,292,974 shares of the company traded hands, compared to its average volume of 3,476,741. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. The stock has a market cap of $11.97 billion, a PE ratio of 26.98, a price-to-earnings-growth ratio of 4.56 and a beta of 0.79. The stock has a 50-day simple moving average of $33.04 and a 200-day simple moving average of $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 announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is 107.32%.

Analyst Ratings Changes

AMH has been the topic of several recent analyst reports. Barclays boosted their target price on shares of American Homes 4 Rent from $32.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. BMO Capital Markets raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price target on the stock in a research report on Friday, June 26th. Jefferies Financial Group upgraded American Homes 4 Rent to a “strong-buy” rating in a report on Wednesday, July 22nd. Raymond James Financial upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price objective for the company in a research report on Monday, May 18th. Finally, Wall Street Zen raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, American Homes 4 Rent has a consensus rating of “Moderate Buy” and an average target price of $36.47.

Get Our Latest Analysis on American Homes 4 Rent

Insiders Place Their Bets

In other news, Director Jack E. Corrigan bought 2,041 shares of the business’s stock in a transaction on Monday, May 18th. The shares were bought at an average price of $23.53 per share, with a total value of $48,024.73. Following the completion of the transaction, the director directly owned 17,000 shares in the company, valued at $400,010. This trade represents a 13.64% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have purchased 5,000 shares of company stock valued at $117,024. 5.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On American Homes 4 Rent

Several institutional investors and hedge funds have recently modified their holdings of the company. Bank of Montreal Can grew its position 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 acquiring an additional 4,472,998 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of American Homes 4 Rent by 1,299.8% during the fourth quarter. AQR Capital Management LLC now owns 3,112,624 shares of the real estate investment trust’s stock worth $99,915,000 after purchasing an additional 2,890,263 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of American Homes 4 Rent by 3,587.1% in the fourth quarter. Marshall Wace LLP now owns 1,698,687 shares of the real estate investment trust’s stock valued at $54,528,000 after purchasing an additional 1,652,616 shares during the period. Invesco Ltd. boosted its stake in shares of American Homes 4 Rent by 30.1% in the fourth quarter. Invesco Ltd. now owns 6,161,646 shares of the real estate investment trust’s stock valued at $197,789,000 after purchasing an additional 1,425,912 shares during the period. Finally, Freestone Grove Partners LP grew its holdings in shares of American Homes 4 Rent by 237.0% in the fourth quarter. Freestone Grove Partners LP now owns 1,150,321 shares of the real estate investment trust’s stock valued at $36,925,000 after purchasing an additional 808,993 shares in the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

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.

See Also

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

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