Welcome to our dedicated page for American Homes 4 Rent news (Ticker: AMH), a resource for investors and traders seeking the latest updates and insights on American Homes 4 Rent stock.
American Homes 4 Rent (NYSE: AMH) is a leading real estate investment trust (REIT) specializing in acquiring, renovating, leasing, and managing single-family rental homes across the United States. With a primary focus on urban markets in the Southern and Midwestern regions, AMH leverages the benefits of a national organization combined with innovative leasing technologies and local expertise to provide an exceptional residential rental experience.
AMH’s portfolio boasts nearly 60,000 single-family properties, predominantly in key markets such as Dallas, Indianapolis, Atlanta, and Charlotte. The company generates the majority of its revenue from rental income derived through short-term or annual leases, ensuring a steady cash flow and robust financial condition.
Renowned for its sustainable practices, AMH has received accolades including the LEED® Gold certification for its Las Vegas headquarters, recognition as one of Fortune’s Best Workplaces in Real Estate™, and mentions in Newsweek’s lists of America’s Most Responsible and Most Trustworthy Companies. These achievements highlight AMH’s commitment to environmental stewardship, employee satisfaction, and community impact.
The company's forward-looking strategy includes the AMH Development Program, which focuses on constructing high-quality, energy-efficient homes, contributing to alleviating the nation’s housing shortage. Recent financial reports indicate strong growth, with same-home core revenues and net operating income showing significant year-over-year increases.
AMH maintains a flexible investment grade balance sheet, with no significant debt maturities until late 2024. The company’s proactive approach to capital management includes recent successful issuance of $600 million in green bonds, showcasing its dedication to sustainable development.
For investors, AMH offers a stable and growing dividend, reflecting its robust operating performance and commitment to delivering long-term value. The company continues to excel in its mission to simplify the leasing process and deliver peace of mind to households nationwide.
AMH reported strong financial results for Q4 and full year 2024. Fourth quarter highlights include a 6.8% year-over-year increase in rents and property revenues to $436.6 million, and net income of $123.2 million ($0.33 per diluted share), up from $76.6 million in Q4 2023.
Core FFO grew 5.7% to $0.45 per share, while Same-Home Core NOI increased 3.6%. The company achieved a 95.4% Same-Home Average Occupied Days Percentage, with blended rate growth of 3.3%. During Q4, AMH delivered 463 newly constructed homes and issued $500 million in senior notes due 2035.
For full year 2024, revenues increased 6.5% to $1.73 billion, with net income reaching $398.5 million ($1.08 per diluted share). The company announced a 15% increase in quarterly distribution to $0.30 per share for Q1 2025. As of December 31, 2024, AMH owned 60,531 single-family properties with a weighted-average debt interest rate of 4.4%.
AMH (NYSE: AMH), a leading single-family rental homes operator, has announced a 15% increase in its quarterly dividend to $0.30 per share, up from the previous $0.26 per share. The distribution will be paid on March 31, 2025, to shareholders of record as of March 14, 2025.
Additionally, the company declared quarterly distributions for its preferred shares: $0.36719 per share for 5.875% Series G shares and $0.39063 per share for 6.250% Series H shares, both payable on March 31, 2025. AMH currently owns nearly 60,000 single-family properties across the Southeast, Midwest, Southwest, and Mountain West regions of the United States.
AMH (NYSE: AMH), a leading single-family rental homes operator, has announced the tax treatment of its 2024 cash distributions. The company's distributions across common shares and preferred shares (Series G and H) were classified as 56.415249% Ordinary Dividend Income and 43.584751% Capital Gain Distributions for all quarters.
Key tax details include: 100% of Ordinary Dividend Income qualifies as IRC Section 199A REIT Dividend Income, 30.154110% of capital gain distributions is treated as unrecaptured IRC Section 1250 gain, and all capital gain distributions represent gains from US real property interests for foreign shareholders. As of September 2024, AMH owned nearly 60,000 single-family properties across multiple US regions.
AMH (NYSE: AMH), a leading single-family rental homes company, has scheduled its fourth quarter and full year 2024 financial results release for Thursday, February 20, 2025, after market close. The company will host a conference call on Friday, February 21, 2025, at 12:00 p.m. Eastern Time to discuss results and answer questions.
The conference call will be accessible via toll-free number (877) 451-6152 for domestic callers and (201) 389-0879 for international callers. A simultaneous audio webcast will be available on the company's website. A replay will be accessible through March 7, 2025, using dedicated phone numbers and passcode 13750434#.
American Homes 4 Rent (NYSE: AMH) has announced the pricing of a $500 million Senior Notes offering due 2035 through its operating partnership. The Notes will be issued at 99.484% of par value with a 5.250% annual coupon and an effective interest rate of 5.08%. Interest payments will be made semi-annually starting March 15, 2025. The offering is expected to close around December 9, 2024.
The proceeds will be used to repay existing debt, including potential repayment of revolving credit facility and 2015-SFR1 asset-backed securitization notes, along with general corporate purposes such as property acquisitions, developments, and portfolio improvements.
AMH, a leading single-family rental homes REIT, has announced its Q4 2024 dividend distributions. The company declared a dividend of $0.26 per share on common shares, payable on December 31, 2024, to shareholders of record on December 13, 2024. Additionally, quarterly distributions were declared for preferred shares: $0.36719 per share for 5.875% Series G shares and $0.39063 per share for 6.250% Series H shares. AMH currently owns nearly 60,000 single-family properties across various U.S. regions.
AMH reported Q3 2024 financial results with rents and property revenues increasing 5.5% year-over-year to $445.1 million. Net income was $73.8 million ($0.20 per share), while Core FFO grew 6.3% to $0.44 per share. The company acquired a portfolio of nearly 1,700 single-family rental homes for $480 million across 13 markets in October 2024. Same-Home Core NOI increased 5.4% year-over-year, with 95.9% occupancy and 5.2% blended lease rate growth. The company raised its Full Year 2024 Core FFO guidance midpoint to $1.77 per share, representing 6.6% annual growth.
AMH (NYSE: AMH), a leading large-scale integrated owner, operator and developer of single-family rental homes, has announced the dates for its third quarter 2024 earnings release and conference call. The company will release its financial and operating results on Tuesday, October 29, 2024, after market close. A conference call will be held on Wednesday, October 30, 2024, at 12:00 p.m. Eastern Time to review the results and conduct a Q&A session.
The live conference call will be accessible via toll-free and direct dial numbers for both domestic and international callers. An audio webcast will also be available on the company's website. A replay of the conference call will be accessible through November 13, 2024, via phone and webcast.
AMH, a leading single-family rental home company, announced its participation in the BofA Securities 2024 Global Real Estate Conference on September 11, 2024. The management team will join a roundtable discussion at 10:20 a.m. Eastern Time, with a live audio webcast available on the company's website.
AMH, traded as NYSE: AMH, is a Maryland-based REIT focusing on acquiring, developing, and managing single-family rental properties. As of June 30, 2024, AMH owned nearly 60,000 properties across various U.S. regions. The company has received multiple accolades, including recognition as one of Fortune's 2023 Best Workplaces in Real Estate™ and a 2024 Great Place to Work®.
AMH (NYSE: AMH), a leading single-family rental home owner and operator, has announced its Q3 2024 dividend distributions. The company will pay $0.26 per share on common shares, payable on September 30, 2024, to shareholders of record on September 13, 2024. Additionally, AMH declared quarterly distributions on its preferred shares: $0.36719 per share for 5.875% Series G shares and $0.39063 per share for 6.250% Series H shares, both payable on the same dates as the common share dividend.
AMH, a Maryland REIT, focuses on acquiring, developing, renovating, and managing single-family rental properties. As of June 30, 2024, the company owned nearly 60,000 properties across various U.S. regions. AMH has received recognition as a top workplace and responsible company in recent years.