American Homes 4 Rent (NYSE:AMH) Releases Quarterly Earnings Results

Key Points

• American Homes 4 Rent reported Q1 EPS of $0.48 versus the consensus of $0.18, revenue of $472.02M (up 2.8% YoY), and updated FY2026 guidance to $1.890–$1.950 EPS.
• The company increased its quarterly dividend to $0.33 (from $0.30), implying a $1.32 annualized payout and ~4.1% yield, though the payout ratio is elevated at 107.3%.
• Shares traded around $32.14 (down ~0.9%); the consensus analyst rating is Hold with an average target of $35.39, and there has been recent insider buying alongside heavy institutional ownership (~91.9%).

American Homes 4 Rent (NYSE:AMH - Get Free Report) released its earnings results on Wednesday. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.30, Zacks reports. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.04%. The business had revenue of $472.02 million for the quarter, compared to analysts' expectations of $470.62 million. During the same period last year, the company earned $0.46 earnings per share. 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 Trading Down 0.9%

NYSE AMH traded down $0.29 during mid-day trading on Friday, hitting $32.14. The company's stock had a trading volume of 1,353,869 shares, compared to its average volume of 3,990,097. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $39.01. The stock's fifty day simple moving average is $29.57 and its two-hundred day simple moving average is $30.92. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market capitalization of $11.69 billion, a P/E ratio of 26.14, a price-to-earnings-growth ratio of 4.68 and a beta of 0.82.

American Homes 4 Rent Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were issued a $0.33 dividend. The ex-dividend date 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 yield of 4.1%. American Homes 4 Rent's payout ratio is 107.32%.

Analyst Ratings Changes

AMH has been the topic of several research analyst reports. UBS Group decreased their target price on shares of American Homes 4 Rent from $38.00 to $33.00 and set a "neutral" rating on the stock in a research report on Thursday, January 8th. Citizens Jmp decreased their target price on shares of American Homes 4 Rent from $41.00 to $37.00 and set a "market outperform" rating on the stock in a research report on Monday, February 23rd. Royal Bank Of Canada raised their target price on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the stock an "outperform" rating in a research report on Friday. Barclays raised their target price on shares of American Homes 4 Rent from $31.00 to $32.00 and gave the stock an "equal weight" rating in a research report on Monday, April 27th. Finally, JPMorgan Chase & Co. decreased their target price on shares of American Homes 4 Rent from $38.00 to $37.00 and set a "neutral" rating on the stock in a research report on Monday, January 12th. 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, the company presently has a consensus rating of "Hold" and an average target price of $35.39.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham purchased 1,571 shares of the business's stock in a transaction that occurred on Wednesday, February 25th. The shares were purchased at an average price of $24.00 per share, for a total transaction of $37,704.00. Following the completion of the acquisition, the director owned 43,517 shares of the company's stock, valued at approximately $1,044,408. This represents a 3.75% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David Goldberg purchased 2,000 shares of the business's stock in a transaction that occurred on Tuesday, March 3rd. The stock was acquired at an average price of $29.30 per share, for a total transaction of $58,600.00. Following the acquisition, the director directly owned 36,723 shares of the company's stock, valued at $1,075,983.90. This trade represents a 5.76% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 6,771 shares of company stock worth $183,684 in the last 90 days. 5.70% of the stock is currently owned by insiders.

Institutional Trading of American Homes 4 Rent

A number of hedge funds have recently made changes to their positions in the company. State Street Corp raised its stake in shares of American Homes 4 Rent by 2.2% during the third quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust's stock valued at $612,605,000 after purchasing an additional 399,894 shares during the period. Invesco Ltd. raised its stake in shares of American Homes 4 Rent by 30.1% during 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. Dimensional Fund Advisors LP raised its stake in shares of American Homes 4 Rent by 1.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,930,829 shares of the real estate investment trust's stock valued at $158,281,000 after purchasing an additional 70,726 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of American Homes 4 Rent by 5.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,785,435 shares of the real estate investment trust's stock valued at $153,612,000 after purchasing an additional 250,174 shares during the period. Finally, Bank of Montreal Can raised its stake in shares of 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 valued at $147,655,000 after purchasing an additional 4,472,998 shares during the period. Hedge funds and other institutional investors own 91.87% of the company's stock.

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.

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