American Homes 4 Rent (AMH) To Go Ex-Dividend on December 15th

American Homes 4 Rent (NYSE:AMH) announced a quarterly dividend on Wednesday, November 5th. Investors of record on Monday, December 15th will be given a dividend of 0.30 per share by the real estate investment trust on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, December 15th.

American Homes 4 Rent has raised its dividend by an average of 0.4%per year over the last three years and has increased its dividend annually for the last 5 consecutive years. American Homes 4 Rent has a dividend payout ratio of 153.8% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect American Homes 4 Rent to earn $1.98 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 60.6%.

American Homes 4 Rent Price Performance

NYSE AMH opened at $31.59 on Friday. American Homes 4 Rent has a 1 year low of $31.01 and a 1 year high of $39.49. The business’s fifty day moving average is $33.19 and its two-hundred day moving average is $35.32. The stock has a market capitalization of $11.72 billion, a P/E ratio of 26.77, a P/E/G ratio of 2.85 and a beta of 0.75. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.41 and a current ratio of 0.41.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. The business had revenue of ($916.78) million for the quarter, compared to analysts’ expectations of $475.75 million. American Homes 4 Rent had a return on equity of 5.90% and a net margin of 24.70%.The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 EPS. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. On average, research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

Institutional Trading of American Homes 4 Rent

Several institutional investors and hedge funds have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB grew its stake in shares of 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 worth $25,000 after purchasing an additional 751 shares during the period. Hantz Financial Services Inc. raised its holdings in American Homes 4 Rent by 922.2% in the second quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 747 shares during the period. AlphaQuest LLC acquired a new position in shares of American Homes 4 Rent in the 2nd quarter valued at $33,000. Pandora Wealth Inc. acquired a new stake in American Homes 4 Rent during the 1st quarter worth $38,000. Finally, SVB Wealth LLC bought a new position in American Homes 4 Rent during the first quarter worth about $42,000. Institutional investors own 91.87% of the company’s stock.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.