Free Trial

American Homes 4 Rent Q1 2024 Earnings Report

American Homes 4 Rent logo
$36.52 +0.46 (+1.28%)
(As of 12/20/2024 04:32 PM ET)

American Homes 4 Rent EPS Results

Actual EPS
$0.30
Consensus EPS
$0.43
Beat/Miss
Missed by -$0.13
One Year Ago EPS
$0.41

American Homes 4 Rent Revenue Results

Actual Revenue
$423.56 million
Expected Revenue
$421.28 million
Beat/Miss
Beat by +$2.28 million
YoY Revenue Growth
+6.50%

American Homes 4 Rent Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

Conference Call Audio

Forced out of retirement by these trades (Ad)

You know, I never really intended to get in front of a camera and tell folks about a new market paradigm that I discovered. Even though I have a bright and shiny “resume,” I thought I’d left investing behind forever. And I was more than happy to be a stay-at-home dad… But then I discovered Gamma Pockets… and everything changed

Make sure to check out Gamma Pockets HERE while it’s still widely available 

American Homes 4 Rent Earnings Headlines

Forced out of retirement by these trades
You know, I never really intended to get in front of a camera and tell folks about a new market paradigm that I discovered. Even though I have a bright and shiny “resume,” I thought I’d left investing behind forever. And I was more than happy to be a stay-at-home dad… But then I discovered Gamma Pockets… and everything changed
See More American Homes 4 Rent Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like American Homes 4 Rent? Sign up for Earnings360's daily newsletter to receive timely earnings updates on American Homes 4 Rent and other key companies, straight to your email.

About American Homes 4 Rent

American Homes 4 Rent (NYSE:AMH) is a real estate investment trust (REIT) focused on the US rental industry. The company is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand. The company is known for high-quality rental homes, providing good value and tenant satisfaction while generating profits for investors. The primary investment objective is to provide attractive risk-adjusted returns through dividends and capital appreciation.

The company plans to achieve its objective through the disciplined acquisition of new properties, by expanding its own construction and neighborhood building efforts, growing its geographically diverse portfolio, efficient property management, building a strong brand, and maintaining a sound capital structure.

The company was founded in 2011 by David Singelyn and his partner. Mr. Singelyn has served as a Trustee and CEO since 2012. The company began by acquiring homes in underserved areas and remodeling them to modern standards. The firm has since expanded its operations to construction and now builds planned communities tailored to different lifestyles as well. The company went public in 2013 and is listed on the New York Stock Exchange.

American Homes 4 Rent is an internally managed Maryland real estate investment trust focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. The company operates through a network of offices and the website AH4R.com. The company owns more than 55,000 properties across 22 states featuring move-in-ready and pet-friendly homes for individuals and families of all sizes.

All previously used properties have been renovated to a high Certified Property standard that brings them to a like-new condition. Interested parties can view listings by area on the website and even use the site to fill out applications and sign leases. Properties are located in communities that fit a variety of lifestyle needs including fences, marble countertops, and even attached 2 and 3-car garages. The communities are located in hand-picked neighborhoods with features including access to commerce, schools, and amenities like lawn care, pools, trails, and fitness centers.

Tenants are afforded many benefits by renting through American Homes 4 Rent. The first and most obvious is the freedom and flexibility of a mortgage-free lifestyle. On top of that, tenants can pay rent or schedule maintenance on their homes through the website, and dedicated service representatives are available 24/7.

View American Homes 4 Rent Profile

More Earnings Resources from MarketBeat

Upcoming Earnings