AMH Stock Recent News
AMH LATEST HEADLINES
Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of Centerspace (CSR) and American Homes 4 Rent (AMH). But which of these two stocks is more attractive to value investors?
REITs fell slightly deeper into the red in 2024 with a -0.81% total return in February. Mid cap (+1.46%) and large cap REITs (+1.04%) averaged gains in February outperforming small caps (-1.33%) and micro caps (-6.98%). Only 50.64% of REIT securities had a positive total return in February.
The old saying “it takes money to make money” was once true for Wall Street. Only the well-heeled could afford to invest in the stock market.
Many investors closely monitor insider buys, as they can provide insight into the longer-term picture. And recently, insiders of these five companies have made splashes.
American Homes 4 Rent announced Q4 earnings and 2024 guidance, beating consensus estimates and giving 2024 guidance that slightly missed expectations. AMH's acquisition engine was largely on pause during the quarter, with modest growth in the wholly-owned and JV portfolios. Despite strong results, AMH is seen as the least attractively priced SFR operator in the public universe, leading to our bearish Hold rating.
Carly Tripp, Nuveen Real Estate Head of Investments, joins 'Closing Bell Overtime' to talk pending home sales dropping in January.
American Homes 4 Rent (AMH) Q4 2023 Earnings Call Transcript
The headline numbers for American Homes 4 Rent (AMH) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
American Homes 4 Rent (AMH) came out with quarterly funds from operations (FFO) of $0.43 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to FFO of $0.40 per share a year ago.
We have narrowed our search to five large-cap stocks that are poised to beat on earnings today after market closes. These are: BKNG, AMH, FND, BMRN, PBA.