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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 announced a public offering of 20,000,000 Class A common shares, priced at $0.01 per share. Of these, 10,000,000 will be sold by the Company, and 10,000,000 by forward purchasers associated with the offering. The underwriters hold a 30-day option to purchase an additional 3,000,000 shares. The net proceeds are earmarked for repaying debt, developing new properties, acquiring and renovating homes, and general corporate purposes. The Company expects to receive proceeds from the shares it sells, projected to be settled within twelve months.
American Homes 4 Rent (NYSE: AMH) announced its Q3 2021 financial results, reporting 10.3% year-over-year revenue growth to $339.6 million. Net income increased to $36.9 million ($0.11 per diluted share), up from $22.6 million in Q3 2020. Core FFO per share rose 17.8% to $0.35, and Adjusted FFO grew 20.7% to $0.30. The company raised its 2021 Core FFO guidance midpoint by $0.04 to $1.36, projecting 17.2% growth over the prior year. Occupancy was 95.8%, with a Same-Home rate increase of 6.6%.
American Homes 4 Rent (NYSE: AMH) announced a fourth-quarter dividend of $0.10 per share, payable on December 31, 2021, to shareholders of record by December 15, 2021. Additionally, the Company declared distributions for its cumulative redeemable perpetual preferred shares: $0.36719 per share on Series F and G, and $0.39063 per share on Series H, also payable on December 31, 2021. As of June 30, 2021, AMH owned 54,785 single-family properties across 22 states.
American Homes 4 Rent (NYSE: AMH) announced the release date for its third quarter 2021 financial results, scheduled for November 4, 2021, post-market. A conference call will follow on November 5, 2021, at 12:00 p.m. ET to discuss the results and recent developments. As of June 30, 2021, the company owned 54,785 single-family homes across 22 states, positioning itself as a leader in the single-family rental market.
American Homes 4 Rent (NYSE: AMH) announced its participation in the BofA Securities 2021 Global Real Estate Virtual Conference on September 21-22, 2021. A management roundtable discussion is scheduled for September 22 at 11:15 a.m. EDT. The event will be accessible via a live audio webcast on their website, with a replay available through October 6, 2021. As of June 30, 2021, American Homes 4 Rent owned 54,785 single-family properties across 22 states, solidifying its position as a leader in the rental housing market.
American Homes 4 Rent (NYSE: AMH) has expressed profound condolences following the passing of B. Wayne Hughes, the founder and former Chairman of the Board of Trustees. Hughes was a pioneering figure in the real estate industry, known for founding Public Storage (NYSE: PSA) and spearheading the single-family rental (SFR) market. His vision led to the establishment of American Homes 4 Rent in 2011, focusing on affordable housing. Hughes’ legacy includes philanthropy in education and cancer research and a passion for thoroughbred racing, highlighted by his association with the 2020 Kentucky Derby winner, Authentic.
American Homes 4 Rent (NYSE: AMH) reported strong financial results for Q2 2021, with a 11.7% increase in revenues to $313.7 million and net income of $20.1 million. Core FFO rose 22.9% to $0.33 per share, while Adjusted FFO increased 26.4% to $0.29 per share. The occupancy rate stood at 97.1% with a 13.7% rate growth on new leases. The company also closed a $1.25 billion credit facility and redeemed its preferred shares, enhancing its financial stability.
American Homes 4 Rent (NYSE: AMH), a prominent provider of rental homes, declared a dividend of $0.10 per share for Q3 2021, payable on September 30, 2021, to shareholders of record on September 15, 2021.
Additionally, the Board announced quarterly distributions on its cumulative redeemable perpetual preferred shares: $0.36719 for Series F and G, and $0.39063 for Series H, also payable on September 30, 2021.
American Homes 4 Rent (NYSE: AMH) will release its second quarter 2021 financial results on August 5, 2021, following market closure. The company will host a conference call on August 6, 2021, at 11:00 a.m. ET to discuss the results and recent events. As of March 31, 2021, AMH owned 53,984 properties across 22 states, focusing on single-family home rentals. The company aims to enhance tenant satisfaction and provide value.
American Homes 4 Rent (NYSE: AMH) announced the pricing of $450 million in 2.375% Senior Notes due 2031 and $300 million in 3.375% Senior Notes due 2051. The 2031 Notes will be issued at 98.513% with an annual coupon of 2.375%, while the 2051 Notes will be issued at 97.962% with a 3.375% coupon. Proceeds will be used primarily to repay outstanding amounts on the revolving credit facility, with additional funds allocated for property acquisitions, capital expenditures, and general corporate purposes. The offering is set to close on July 8, 2021.
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