American Homes 4 Rent
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
22% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 51
3% more funds holding
Funds holding: 427 [Q2] → 438 (+11) [Q3]
5% less call options, than puts
Call options by funds: $470K | Put options by funds: $494K
5% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 164
9% less capital invested
Capital invested by funds: $12.3B [Q2] → $11.2B (-$1.1B) [Q3]
10.57% less ownership
Funds ownership: 90.67% [Q2] → 80.1% (-10.57%) [Q3]
22% less funds holding in top 10
Funds holding in top 10: 9 [Q2] → 7 (-2) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$38
4%
upside
Avg. target
$40
10%
upside
High target
$42
15%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Barclays Anthony Powell 48% 1-year accuracy 14 / 29 met price target | 7%upside $39 | Equal-Weight Initiated | 17 Dec 2024 |
JMP Securities Aaron Hecht 55% 1-year accuracy 21 / 38 met price target | 12%upside $41 | Market Outperform Reiterated | 11 Dec 2024 |
Evercore ISI Group Steve Sakwa 45% 1-year accuracy 24 / 53 met price target | 15%upside $42 | Outperform Upgraded | 11 Nov 2024 |
Keefe, Bruyette & Woods Jade Rahmani 45% 1-year accuracy 13 / 29 met price target | 4%upside $38 | Market Perform Maintained | 6 Nov 2024 |
Mizuho Haendel St. Juste 53% 1-year accuracy 8 / 15 met price target | 10%upside $40 | Outperform Maintained | 10 Oct 2024 |
Financial journalist opinion
Based on 6 articles about AMH published over the past 30 days
Positive
Seeking Alpha
4 hours ago
10 Stocks I'm Buying As REITs Have Never Looked So Good
The recent market selloff, driven by the Fed's revised rate-cut forecast, has made high-quality REITs attractively priced for long-term dividend growth investors. Despite poor stock price performance, REITs have strong fundamentals, with favorable earnings yield spreads and dividend yields compared to the broader market. REITs are undervalued due to being treated as bond proxies, but their strong commercial real estate fundamentals and historical outperformance post-Fed rate cuts suggest a buying opportunity.
Positive
Seeking Alpha
1 week ago
Goldilocks Data Upholds Fed Cut
U.S. equity markets climbed to fresh record-highs this week, while benchmark interest rates ticked lower, after a critical slate of employment data showed lukewarm labor market trends in November. Viewed as a "Goldilocks" report that effectively locked in a December rate cut, payrolls data showed solid "headline" job growth of 227k in November, but notably weaker trends under the surface. Posting gains for a third straight week to extend its post-election rally to around 7%, the S&P 500 advanced another 0.9% this week - pacing for its best year since 2019.
Positive
Seeking Alpha
2 weeks ago
9 Stocks I'm Buying As The Market Reaches A Rare Level Of Speculative Fervor
The U.S. stock market is highly valued, driven by Big Tech and AI investments, with speculative fervor reminiscent of the late 1990s. Some REITs, like W.P. Carey, face challenges due to poor capital allocation and strategic missteps, leading to underperformance compared to tech stocks. Many other REITs, however, have been beaten down due to short-term supply headwinds and their treatment as bond proxies.
Positive
Seeking Alpha
2 weeks ago
Property Type Round-Up From REITworld 2024
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior housing demand and limited new supply, despite valuation debates and management changes at Healthcare Realty. Multifamily and single-family rental sectors show regional variability, but long-term growth driven by demographic trends.
Neutral
PRNewsWire
2 weeks ago
American Homes 4 Rent Announces Pricing of Public Offering of $500 Million of 5.250% Senior Notes due 2035
LAS VEGAS , Dec. 2, 2024 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company") today announced that its operating partnership, American Homes 4 Rent, L.P. (the "Operating Partnership"), has priced an offering of $500 million aggregate principal amount of 5.250% Senior Notes due 2035 (the "Notes").
Positive
Seeking Alpha
2 weeks ago
12 REITs Poised For Potential Outperformance
As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpass higher-yielding stocks over time, offering better yield on cost. Dividend growers often outperform the REIT average in total returns, driven by strong AFFO growth and superior gains in stock price.
Neutral
Seeking Alpha
1 month ago
2 REIT Winners And 2 REIT Losers From Trump's Reelection
Trump's reelection has mixed impacts on REITs. Some benefit. Others suffer. We review 2 REITs to buy and 2 REITs to sell.
Positive
Seeking Alpha
1 month ago
A Decisive Realignment
U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over deficits and immigration policy. Characteristic of the "Trump trade" dynamic, smaller-cap companies led the surge, outperforming mega-cap technology and international-heavy peers. The S&P Small-Cap 600 soared 9%, outpacing 5% gains from the S&P 500.
Neutral
Seeking Alpha
1 month ago
My Portfolio's Biggest Winners And Losers From A Republican Sweep
The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT fundamentals by suppressing new construction starts due to higher interest rates. My portfolio saw significant movements post-election, with regional banks and energy stocks gaining, while renewables and healthcare REITs faced short-term declines.
Neutral
PRNewsWire
1 month ago
AMH Announces Distributions
LAS VEGAS , Nov. 6, 2024 /PRNewswire/ -- AMH (NYSE: AMH) (the "Company"), a leading large-scale integrated owner, operator and developer of single-family rental homes, today announced that the Board of Trustees declared a dividend of $0.26 per share on the Company's common shares for the fourth quarter of 2024. The distribution will be payable in cash on December 31, 2024 to shareholders of record on December 13, 2024.
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