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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) has partnered with Elevation to integrate solar energy and energy efficiency into its amenity centers and rental homes. This innovative collaboration aims to reduce energy costs and environmental impact, aligning with the company’s Environmental, Social and Governance (ESG) principles. CEO Bryan Smith highlighted the commitment to sustainability, while Elevation's CEO, Greg Fasullo, emphasized the potential for significant energy savings within the rental market. The partnership marks a significant step towards promoting energy-efficient living.
American Homes 4 Rent (NYSE: AMH) announced its certification by Great Place to Work® as one of the nation's top employers in 2022. The survey showed that 87% of employees regard the company as a great workplace, significantly higher than the 57% average for U.S. companies. Over 90% of employees feel welcomed, equipped, and trust management's honesty. The company emphasizes a people-first culture, providing benefits like Tuition Reimbursement and Employee Stock Purchase Programs. As of December 31, 2021, AMH owned 57,024 single-family rental homes across 22 states.
American Homes 4 Rent (NYSE: AMH) announced participation in the 2022 Citi Global Property CEO Conference on March 8, 2022, at 1:30 p.m. ET. The management team will engage in a roundtable discussion, with a live audio webcast available on the company's website. A replay will be accessible until March 22, 2022. As of December 31, 2021, AMH owned 57,024 single-family rental properties across 22 states, focusing on high-quality homes and resident satisfaction.
American Homes 4 Rent (NYSE: AMH) reported significant growth in 2021, with Q4 revenues up 14.0% to $338.1 million and net income rising to $48.1 million. Core FFO increased by 20.4% year-over-year to $0.37 per share. The company expects continued growth in 2022, forecasting Core FFO of $1.53 - $1.59 per share, reflecting a growth rate of 12.5% - 16.9%. They also raised dividends by 80% to $0.18 per share. The total portfolio expanded with an occupancy rate of 95.2%. Despite some increases in operating expenses, the overall financial outlook remains strong.
American Homes 4 Rent (NYSE: AMH) announced an investment in Vesta Ventures Fund 1, LP, a proptech venture capital fund focused on residential real estate. This partnership aims to enhance access to innovative technologies improving resident experience and operational efficiency. Vesta Ventures has a strong track record in supporting early-stage companies, contributing to sustainability and ESG principles. As of September 30, 2021, American Homes 4 Rent owned 56,077 single-family properties across 22 states, indicating a robust presence in the rental market.
American Homes 4 Rent (NYSE: AMH) announced an 80% increase in its quarterly dividend to $0.18 per share, payable on March 31, 2022. This significant increase from the previous $0.10 reflects the company's strong performance and commitment to returning value to shareholders. The Board also declared dividends on preferred shares: $0.36719 for Series F and G, and $0.39063 for Series H, also payable on March 31, 2022. As of September 30, 2021, AMH owned 56,077 properties across 22 states.
American Homes 4 Rent (AMH) announced the release of its fourth quarter and full year 2021 financial results on February 24, 2022, after market close. A conference call will follow on February 25, 2022, at 12:00 p.m. ET to discuss the results and engage in a Q&A session. As of September 30, 2021, the company owned 56,077 single-family rental properties across 22 states, underscoring its position as a leader in the single-family home rental market.
American Homes 4 Rent (NYSE: AMH) announced a public offering of 20,000,000 Class A common shares, priced for $783 million in gross proceeds. Of this, 10,000,000 shares are provided directly by the Company, while the remaining are from forward purchasers. The offering includes a 30-day option for underwriters to buy an additional 3,000,000 shares. Proceeds will be used mainly for debt repayment, property development, and renovations. The transaction is expected to close on January 24, 2022, with proceeds anticipated by January 20, 2023.
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