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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 participate in a roundtable discussion at the BofA Securities 2022 Global Real Estate Conference on September 14, 2022, starting at 12:40 p.m. EDT. A live audio webcast can be accessed via the company's website, with a replay available until September 28, 2022. The company, which owns 58,715 single-family properties across 22 states as of June 30, 2022, has been recognized with multiple accolades, including being named a 2022 Great Place to Work® and one of America's Most Trusted Companies. For more details, visit www.americanhomes4rent.com.
American Homes 4 Rent (NYSE: AMH) reported significant growth in Q2 2022, with revenues up 15.4% year-over-year to $361.9 million and net income rising to $56.6 million, or $0.16 per diluted share. Core Funds from Operations (Core FFO) increased 16.0% to $0.38 per share, supported by higher rental rates and lower uncollectible rents. The company delivered 529 newly constructed homes and achieved a Same-Home Average Occupied Days Percentage of 97.4%. S&P upgraded its credit rating to BBB, reflecting strong financial health amidst economic uncertainties.
American Homes 4 Rent (NYSE: AMH) announced a dividend of $0.18 per share for Q3 2022, payable on September 30, 2022, to shareholders of record by September 15, 2022. Additionally, the company declared quarterly distributions for its preferred shares: $0.36719 for Series G and $0.39063 for Series H, also payable on September 30, 2022. As of March 31, 2022, AMH owned 57,984 single-family properties across 22 states, highlighting its significant presence in the rental market.
American Homes 4 Rent (NYSE: AMH) will announce its second quarter 2022 financial results on August 4, 2022, post-market. A conference call is scheduled for August 5, 2022, at 12:00 p.m. ET to discuss these results and answer questions. The company, recognized as a top U.S. homebuilder and a leader in the single-family rental market, owns 57,984 properties across 22 states as of March 31, 2022. For further details, visit their investor relations page.
American Homes 4 Rent (NYSE: AMH) received an upgrade in its corporate credit rating from S&P Global Ratings, moving from BBB- to BBB, with a stable outlook. The upgrade reflects the company's strong operational performance, ongoing demand in single-family rentals, and its adherence to solid financial policies. CFO Christopher C. Lau emphasized the importance of prudent balance sheet management in achieving this recognition. As of March 31, 2022, the company owned 57,984 single-family properties across 22 states.
American Homes 4 Rent (NYSE: AMH) announced a $500 million land banking facility agreement with Värde Partners, a global investment firm. This partnership aims to acquire and develop new land opportunities, enhancing AMH's internal development strategy. The first six land transactions have been completed, costing over $150 million, with more sites under due diligence. Both companies highlight a strong demand for quality single-family rentals despite supply shortages, positioning AMH for growth in its core markets.
American Homes 4 Rent (NYSE: AMH) will join a roundtable discussion at Nareit's REITweek 2022 Investor Conference on June 7, 2022, at 11:45 a.m. Eastern Time. The event underscores AMH's position as a leading provider of quality single-family homes for rent. A live audio webcast will be accessible on the company's website, and a replay will be available until June 21, 2022. As of March 31, 2022, AMH owned 57,984 rental properties across 22 states, highlighting its significant market presence.
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