AMH Stock Recent News

While the top- and bottom-line numbers for American Homes 4 Rent (AMH) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

American Homes 4 Rent (AMH) came out with quarterly funds from operations (FFO) of $0.45 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to FFO of $0.41 per share a year ago.

Raises Full Year 2024 Guidance LAS VEGAS , Aug. 1, 2024 /PRNewswire/ -- AMH (NYSE: AMH) (the "Company"), a leading large-scale integrated owner, operator and developer of single-family rental homes, today announced its financial and operating results for the quarter ended June 30, 2024. Highlights Rents and other single-family property revenues increased 7.1% year-over-year to $423.5 million for the second quarter of 2024.

Besides Wall Street's top -and-bottom-line estimates for American Homes 4 Rent (AMH), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

We have narrowed our search to five beaten-down stocks that are poised to beat on earnings results next week. These are: PYPL, AMT, XEL, AES, AMH.

REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cut cycle debuts, making them an attractive sector to become overweight. A list of 12 handpicked REITs is provided, offering a combination of high dividend yields, dividend growth, and value for potential investors.

American dream of owning a home is dead for many due to high prices and mortgage rates. Some areas experiencing a decrease in home prices, providing hope for buyers. REITs like Sun Communities, Camden Property Trust, and American Homes 4 Rent offer alternative housing options and investment opportunities.

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American Homes 4 Rent is a REIT that owns and leases single-family homes nationwide. Its portfolio is well-diversified and in a market with favorable supply/demand dynamics. With such a low leverage, strong liquidity, performance momentum, and low price level, I think it deserves some consideration even though its dividend yield is low.

Company Once Again Recognized as 39th Largest National Homebuilder on 2024 Builder 100 List LAS VEGAS , July 10, 2024  /PRNewswire/ -- AMH (NYSE: AMH), a leading large-scale integrated owner, operator and developer of single-family rental homes, announces its 10,000th new home delivery and recognition by Builder Magazine as the 39th largest homebuilder in the United States on its 2024 Builder 100 List. This milestone reaffirms the company's commitment to creating new attainable housing at scale at a time of critical supply shortages in the U.S. AMH launched its development program in 2017 in response to rising demand for high-quality single-family rental homes in sought-after locations.