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American Homes 4 Rent (AMH) Stock Price, News & Analysis

American Homes 4 Rent logo
$37.64 +0.09 (+0.24%)
(As of 11/21/2024 ET)

About American Homes 4 Rent Stock (NYSE:AMH)

Key Stats

Today's Range
$37.43
$37.79
50-Day Range
$35.03
$41.13
52-Week Range
$33.75
$41.41
Volume
604,742 shs
Average Volume
2.54 million shs
Market Capitalization
$13.91 billion
P/E Ratio
39.20
Dividend Yield
2.76%
Price Target
$41.60
Consensus Rating
Moderate Buy

Company Overview

American Homes 4 Rent 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.

American Homes 4 Rent Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

AMH MarketRank™: 

American Homes 4 Rent scored higher than 97% of companies evaluated by MarketBeat, and ranked 37th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    American Homes 4 Rent has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    American Homes 4 Rent has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about American Homes 4 Rent's stock forecast and price target.
  • Earnings Growth

    Earnings for American Homes 4 Rent are expected to grow by 5.65% in the coming year, from $1.77 to $1.87 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of American Homes 4 Rent is 39.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of American Homes 4 Rent is 39.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.79.

  • Price to Earnings Growth Ratio

    American Homes 4 Rent has a PEG Ratio of 3.24. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    American Homes 4 Rent has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about American Homes 4 Rent's valuation and earnings.
  • Percentage of Shares Shorted

    2.09% of the outstanding shares of American Homes 4 Rent have been sold short.
  • Short Interest Ratio / Days to Cover

    American Homes 4 Rent has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in American Homes 4 Rent has recently decreased by 26.78%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    American Homes 4 Rent pays a meaningful dividend of 2.78%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    American Homes 4 Rent does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of American Homes 4 Rent is 108.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, American Homes 4 Rent will have a dividend payout ratio of 55.61% next year. This indicates that American Homes 4 Rent will be able to sustain or increase its dividend.

  • Read more about American Homes 4 Rent's dividend.
  • Percentage of Shares Shorted

    2.09% of the outstanding shares of American Homes 4 Rent have been sold short.
  • Short Interest Ratio / Days to Cover

    American Homes 4 Rent has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in American Homes 4 Rent has recently decreased by 26.78%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    American Homes 4 Rent has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for American Homes 4 Rent this week, compared to 6 articles on an average week.
  • Search Interest

    Only 1 people have searched for AMH on MarketBeat in the last 30 days. This is a decrease of -92% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added American Homes 4 Rent to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, American Homes 4 Rent insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 6.32% of the stock of American Homes 4 Rent is held by insiders.

  • Percentage Held by Institutions

    91.87% of the stock of American Homes 4 Rent is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about American Homes 4 Rent's insider trading history.
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AMH Stock News Headlines

American Homes Expands Portfolio Amid Rental Demand Surge
Buffett Dumps $982 Million in BofA Stock—What Does He Know?
Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.
AMH Announces Distributions
5 U.S. REITs Suspend Dividends Amid 2024 Cuts
See More Headlines

AMH Stock Analysis - Frequently Asked Questions

American Homes 4 Rent's stock was trading at $35.96 on January 1st, 2024. Since then, AMH shares have increased by 4.7% and is now trading at $37.6350.
View the best growth stocks for 2024 here
.

American Homes 4 Rent (NYSE:AMH) posted its quarterly earnings data on Tuesday, October, 29th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.43 by $0.23. The business's revenue for the quarter was up 5.5% on a year-over-year basis.

Top institutional investors of American Homes 4 Rent include State Street Corp (4.70%), Principal Financial Group Inc. (4.09%), FMR LLC (2.23%) and Geode Capital Management LLC (1.81%). Insiders that own company stock include Tamara Hughes Gustavson, Bryan Smith, Christopher Lau, Sara H Vogt-Lowell, Matthew J Hart, Douglas N Benham, Brian Reitz, James H Kropp, Kenneth M Woolley, Jack E Corrigan and Anita Marie Mayala-Mcintyre.
View institutional ownership trends
.

Shares of AMH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that American Homes 4 Rent investors own include Meta Platforms (META), NVIDIA (NVDA), Home Depot (HD), Advanced Micro Devices (AMD), Chevron (CVX), Tesla (TSLA) and JPMorgan Chase & Co. (JPM).

Company Calendar

Ex-Dividend for 9/30 Dividend
9/13/2024
Dividend Payable
9/30/2024
Last Earnings
10/29/2024
Today
11/21/2024
Ex-Dividend for 12/31 Dividend
12/13/2024
Dividend Payable
12/31/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/27/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Fax
N/A
Employees
1,725
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.60
High Stock Price Target
$48.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+10.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$380.17 million
Pretax Margin
24.41%

Debt

Sales & Book Value

Annual Sales
$1.70 billion
Cash Flow
$2.33 per share
Book Value
$20.83 per share

Miscellaneous

Free Float
346,154,000
Market Cap
$13.93 billion
Optionable
Optionable
Beta
0.77

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This page (NYSE:AMH) was last updated on 11/21/2024 by MarketBeat.com Staff
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