American Homes 4 RentAMH
Market Cap: $14.4B
About: American Homes 4 Rent is a real estate investment trust primarily focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's largest geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.
Employees: 1,725
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 9 (+6) [Q2]
26% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 43
13% more call options, than puts
Call options by funds: $776K | Put options by funds: $687K
7% more capital invested
Capital invested by funds: $11.3B [Q1] → $12.1B (+$784M) [Q2]
5.0% more ownership
Funds ownership: 84.21% [Q1] → 89.21% (+5.0%) [Q2]
3% more funds holding
Funds holding: 415 [Q1] → 426 (+11) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 152
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Goldman Sachs Julien Blouin 100% 1-year accuracy 4 / 4 met price target | 22%upside $48 | Buy Initiated | 4 Sept 2024 |
Evercore ISI Group Steve Sakwa 66% 1-year accuracy 31 / 47 met price target | 4%upside $41 | In-Line Maintained | 28 Aug 2024 |
Wells Fargo James Feldman 82% 1-year accuracy 14 / 17 met price target | 7%upside $42 | Overweight Upgraded | 26 Aug 2024 |
UBS Michael Goldsmith 75% 1-year accuracy 6 / 8 met price target | 2%upside $40 | Neutral Maintained | 16 Aug 2024 |
Scotiabank Nicholas Yulico 68% 1-year accuracy 15 / 22 met price target | 7%upside $42 | Sector Outperform Maintained | 7 Aug 2024 |
Financial journalist opinion
Based on 10 articles about AMH published over the past 30 days