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

American Homes 4 Rent (NYSE:AMHGet Free Report) announced its earnings results on Thursday. The real estate investment trust reported $0.31 EPS for the quarter, beating the consensus estimate of $0.18 by $0.13, FiscalAI reports. The business had revenue of $415.99 million for the quarter, compared to the consensus estimate of $466.51 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The company’s revenue was up 2.8% on a year-over-year basis. During the same period last year, the business posted $0.47 EPS. American Homes 4 Rent updated its FY 2026 guidance to 1.930-1.970 EPS.

American Homes 4 Rent Stock Up 1.0%

NYSE AMH traded up $0.34 during trading hours on Friday, reaching $33.55. 554,911 shares of the company traded hands, compared to its average volume of 3,456,055. The stock has a market capitalization of $12.10 billion, a PE ratio of 27.29, a PEG ratio of 4.55 and a beta of 0.79. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month high of $36.10. The company has a 50 day moving average of $33.06 and a two-hundred day moving average of $31.32.

American Homes 4 Rent Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Monday, June 15th. American Homes 4 Rent’s dividend payout ratio is 107.32%.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack E. Corrigan bought 2,041 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were acquired at an average price of $23.53 per share, for a total transaction of $48,024.73. Following the purchase, the director owned 17,000 shares in the company, valued at $400,010. This trade represents a 13.64% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders have bought 5,000 shares of company stock valued at $117,024. 5.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On American Homes 4 Rent

Large investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB raised its stake in American Homes 4 Rent by 10,728.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 751 shares in the last quarter. Parallel Advisors LLC grew its position in shares of American Homes 4 Rent by 84.8% in the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 442 shares in the last quarter. Prosperity Bancshares Inc acquired a new position in shares of American Homes 4 Rent in the 4th quarter worth approximately $35,000. CIBC Private Wealth Group LLC increased its holdings in shares of American Homes 4 Rent by 4,356.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,337 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 1,307 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of American Homes 4 Rent in the 3rd quarter valued at approximately $50,000. Institutional investors own 91.87% of the company’s stock.

Wall Street Analysts Forecast Growth

AMH has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $39.00 price target on shares of American Homes 4 Rent in a report on Friday, June 26th. Barclays upped their price objective on shares of American Homes 4 Rent from $32.00 to $36.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 14th. Scotiabank raised their target price on American Homes 4 Rent from $32.00 to $33.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Jefferies Financial Group raised American Homes 4 Rent to a “strong-buy” rating in a research report on Wednesday, July 22nd. Finally, Weiss Ratings upgraded American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.47.

Read Our Latest Stock Report on American Homes 4 Rent

About American Homes 4 Rent

(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.

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

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