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 (NYSE: AMH), a key player in the single-family rental home industry, will release its second quarter 2024 financial and operating results on August 1, 2024, after market close. A conference call to discuss these results will be held on August 2, 2024, at 12:00 p.m. Eastern Time. Investors can join the live call via a toll-free number (877-451-6152) for domestic callers or direct dial (201-389-0879) for international callers. The call will also be webcast on AMH's Investor Relations webpage. A replay of the call will be available until August 16, 2024, accessible via a toll-free number (844-512-2921) or direct dial (412-317-6671) with passcode 13746893#.
American Homes 4 Rent (NYSE: AMH) has announced the pricing of a $500 million public offering of 5.500% senior notes due 2034. The notes will be issued at 99.455% of par value with semi-annual interest payments starting January 15, 2025. Maturity is set for July 15, 2034. The offering is expected to close on June 26, 2024, subject to customary closing conditions.
The proceeds will be used to repay outstanding debts, including the 2014-SFR3 asset-backed securitization notes, and for general corporate purposes like property acquisitions and improvements. Leading financial institutions including BofA Securities and J.P. Morgan are managing this offering.
AMH (NYSE: AMH), a prominent owner, operator, and developer of single-family rental homes, announced its participation in Nareit's REITweek 2024 Investor Conference on June 5, 2024, at 1:15 p.m. ET. The event will feature a roundtable discussion with the company's management team. A live audio webcast will be available on AMH's website under the 'Investor Relations' tab, with a replay accessible until June 19, 2024. AMH, recognized for its workplace excellence by several bodies, owns nearly 60,000 properties across various U.S. regions as of March 31, 2024.
AMH announced distributions for the second quarter of 2024, with a dividend of $0.26 per common share and per share quarterly distributions on preferred shares. The distribution will be payable on June 28, 2024, to shareholders of record on June 14, 2024. AMH is a leading large-scale integrated owner, operator, and developer of single-family rental homes, owning nearly 60,000 properties in the United States.
AMH (NYSE: AMH) reported strong financial and operating results for the first quarter of 2024. Rents and revenues increased, while net income decreased due to lower property sales gains. Core FFO and Adjusted FFO rose, driven by higher rental rates. Sustainability efforts were highlighted, and guidance for the full year 2024 was provided. The company remains focused on growth and value creation for shareholders.
FAQ
What is the current stock price of AMERICAN HOMES 4 RENT (AMH)?
What is the market cap of AMERICAN HOMES 4 RENT (AMH)?
What does American Homes 4 Rent do?
What regions does AMH primarily operate in?
How does AMH generate revenue?
What sustainability initiatives does AMH have?
What recent achievements has AMH been recognized for?
What is the AMH Development Program?
What financial condition does AMH maintain?
What recent financial initiatives has AMH undertaken?
What kind of dividends does AMH offer?
Where can I find more information about AMH?
