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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.
American Homes 4 Rent (NYSE: AMH) will release its first quarter 2021 financial results on May 6, 2021, after market close. A conference call to discuss these results and recent events is scheduled for May 7, 2021, at 11:00 a.m. Eastern Time. The company highlights its focus on single-family home rentals and reports owning 53,584 properties across 22 states as of December 31, 2020.
American Homes 4 Rent (NYSE: AMH) will participate in the 2021 Citi Virtual Global Property CEO Conference on March 9, 2021, at 1:15 p.m. Eastern Time. CEO David Singelyn will lead a roundtable discussion during the event. A live audio webcast will be available on the Company’s website under the "For Investors" section, with a replay accessible until March 23, 2021. As of December 31, 2020, AMH owned 53,584 single-family properties across 22 states, emphasizing its position as a leader in the single-family home rental market.
American Homes 4 Rent (NYSE: AMH) reported its financial results for Q4 and the full year of 2020. Total revenues increased by 5.4% year-over-year to $299.3 million, while net income rose to $27.1 million. Core FFO per share grew by 7.3% to $0.31, driven by portfolio growth and higher occupancy rates. The company achieved record occupancy of 97.3% and increased rental rates by 7.6% on new leases. Despite challenges from COVID-19, collections remained strong at 96.7%. The company doubled its dividend to $0.10 for Q1 2021 and projects Core FFO growth of 5.2% to 10.3% for 2021.
American Homes 4 Rent (NYSE: AMH) announced a 100% increase in its quarterly dividend, now at $0.10 per share, doubling from the previous $0.05. This dividend will be payable on March 31, 2021 to shareholders of record by March 15, 2021. Additionally, preferred shareholders will receive various distributions, including $0.40625 for Series D and $0.36719 for Series F and G shares. The company operates over 53,229 single-family rental homes across the U.S. This announcement highlights the company's financial strength and commitment to return value to shareholders.