American Homes 4 Rent (AMH) Stock Overview
American Homes 4 Rent (AMH or the General Partner) is an internally managed Maryland real estate investment trust (REIT). More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
AMH Community Fair Values
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Analyst Price Targets
American Homes 4 Rent Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$31.95 |
| 52 Week High | US$39.49 |
| 52 Week Low | US$27.22 |
| Beta | 0.80 |
| 1 Month Change | 9.87% |
| 3 Month Change | 3.73% |
| 1 Year Change | -18.72% |
| 3 Year Change | -8.90% |
| 5 Year Change | -14.60% |
| Change since IPO | 104.81% |
Recent News & Updates
AMH: Future Lease Rate Recovery Will Ultimately Showcase Build To Rent Strength
Analysts trimmed the fair value estimate for American Homes 4 Rent by $0.10 to $34.38 after incorporating recent cuts to Street price targets along with slightly softer margin and earnings assumptions into updated models. Analyst Commentary Recent Street research on American Homes 4 Rent centers on moderately lower price targets and refreshed models following Q4 results, updated guidance and sector level estimate changes.
American Homes 4 Rent Delivers Steady FY 2025 Earnings Growth with Strong Operating Cash Flow
Analyst: Qudus Adebara (Founder Of Wane Investment House) Executive Summary American Homes 4 Rent reported a solid performance for the year ended December 31, 2025, with net income rising to $513.4 million (+9.7% YoY), supported by rental income growth and gains from property sales. Total rental and property revenues increased to $1.85 billion (+7.0% YoY), reflecting continued demand in the single-family rental market.AMH: Regulatory Overhang Will Ultimately Showcase Build To Rent Model Strength
Narrative Update: American Homes 4 Rent (AMH) Analysts have trimmed their average price targets on American Homes 4 Rent by a few dollars across multiple firms. This reflects updated models after recent Q4 results, sector wide estimate revisions, and higher perceived regulatory risk around single family rental REITs. Analyst Commentary Recent research updates around American Homes 4 Rent reflect a more cautious tone on both the company and the single family rental REIT space.AMH: Regulatory Overhang Will Ultimately Highlight Build To Rent Asset Value Potential
Analysts have edged their average price target for American Homes 4 Rent lower by $0.45 to $34.48, reflecting slightly softer assumptions for revenue growth and profit margins, partially offset by a higher future P/E and a modestly higher discount rate, as recent research updates recalibrate expectations following Q4 results, sector wide estimate changes, and rising regulatory and supply concerns. Analyst Commentary Recent Street research on American Homes 4 Rent clusters around lower price targets, but the tone is mixed, with some analysts still comfortable with the long term single family rental story while others focus on execution risk and policy uncertainty.Recent updates
AMH: Future Lease Rate Recovery Will Ultimately Showcase Build To Rent Strength
Analysts trimmed the fair value estimate for American Homes 4 Rent by $0.10 to $34.38 after incorporating recent cuts to Street price targets along with slightly softer margin and earnings assumptions into updated models. Analyst Commentary Recent Street research on American Homes 4 Rent centers on moderately lower price targets and refreshed models following Q4 results, updated guidance and sector level estimate changes.American Homes 4 Rent Delivers Steady FY 2025 Earnings Growth with Strong Operating Cash Flow
Analyst: Qudus Adebara (Founder Of Wane Investment House) Executive Summary American Homes 4 Rent reported a solid performance for the year ended December 31, 2025, with net income rising to $513.4 million (+9.7% YoY), supported by rental income growth and gains from property sales. Total rental and property revenues increased to $1.85 billion (+7.0% YoY), reflecting continued demand in the single-family rental market.AMH: Regulatory Overhang Will Ultimately Showcase Build To Rent Model Strength
Narrative Update: American Homes 4 Rent (AMH) Analysts have trimmed their average price targets on American Homes 4 Rent by a few dollars across multiple firms. This reflects updated models after recent Q4 results, sector wide estimate revisions, and higher perceived regulatory risk around single family rental REITs. Analyst Commentary Recent research updates around American Homes 4 Rent reflect a more cautious tone on both the company and the single family rental REIT space.AMH: Regulatory Overhang Will Ultimately Highlight Build To Rent Asset Value Potential
Analysts have edged their average price target for American Homes 4 Rent lower by $0.45 to $34.48, reflecting slightly softer assumptions for revenue growth and profit margins, partially offset by a higher future P/E and a modestly higher discount rate, as recent research updates recalibrate expectations following Q4 results, sector wide estimate changes, and rising regulatory and supply concerns. Analyst Commentary Recent Street research on American Homes 4 Rent clusters around lower price targets, but the tone is mixed, with some analysts still comfortable with the long term single family rental story while others focus on execution risk and policy uncertainty.AMH: Regulatory Headwinds Will Ultimately Unlock Single Family Rental Asset Value
Analysts have trimmed their average price target for American Homes 4 Rent to roughly $34.93 from about $36.64, reflecting updated models that factor in softer revenue growth expectations, higher profit margins, and sector-wide adjustments to estimates and regulatory risk. Analyst Commentary Recent research updates around American Homes 4 Rent show a clear split between those who still see upside in the single family rental story and those who are more focused on regulatory and operating risks.AMH: Regulatory Headwinds Will Ultimately Highlight Underlying Single Family Rental Value
Narrative update: Analyst target and rationale The updated fair value estimate for American Homes 4 Rent has edged to $36.64. This reflects analysts' lower price targets in the $32 to $37 range as they factor in higher discount rates, slightly softer margin expectations, and regulatory uncertainty around institutional ownership of single family rentals.AMH: Regulatory Overhang Will Ultimately Spotlight Existing Single Family Rental Value
Analysts have trimmed their fair value estimate for American Homes 4 Rent to about $36.60 per share from roughly $36.83, reflecting a series of recent price target cuts and a growing focus on regulatory and sector wide risks highlighted in new REIT outlooks. Analyst Commentary Recent research on American Homes 4 Rent points to a more mixed backdrop, with several price target cuts and rating changes clustered around concerns about regulation and sector positioning in new REIT outlooks.AMH: Policy Overhang Will Ultimately Highlight Portfolio Value Upside
Analysts have reduced their fair value estimate for American Homes 4 Rent to about $36.83 from $37.55, citing slightly softer long term growth and margin assumptions, as well as a series of recent price target cuts linked to regulatory uncertainty surrounding institutional single family rentals. Analyst Commentary Recent research on American Homes 4 Rent highlights a split view, with some analysts focusing on potential upside tied to asset value and development, while others emphasize regulatory and growth risks for the single family rental model.The Microeconomics Of American Homes 4 Rent May Be Right For Some Investors
Jan 20AMH: Healthy REIT Conditions Will Support Shares Despite Softer Rental Demand
Analysts have trimmed their price target on American Homes 4 Rent by about $0.35 to roughly $37.55, citing slightly more conservative assumptions around discount rates, growth, and future P/E. This comes even as sector research points to generally healthy REIT fundamentals and a cautious view on single family rental demand and occupancy trends.AMH: Healthy Operating Backdrop Will Support Shares Despite Near Term Demand Caution
Analysts have nudged their average price target on American Homes 4 Rent slightly lower, trimming it by about $0.20 to reflect a more conservative outlook on near term demand, occupancy and rent growth, even as overall operating conditions remain healthy. Analyst Commentary Research desks have modestly reduced their price targets on American Homes 4 Rent, citing a more cautious stance on demand, occupancy and blended rent growth over the next few quarters, while still largely endorsing the long term fundamentals of the single family rental platform.AMH: Stable Q3 Earnings Will Drive Share Price Strength Amid Uncertainty
Analysts have slightly reduced their average price target for American Homes 4 Rent, lowering it from approximately $39.47 to $38.10. This adjustment reflects a more conservative outlook based on recent trends in single-family rental demand and moderate industry growth projections.AMH: Improving Profit Margins Will Support Share Price Momentum Ahead
Analysts have slightly lowered their price target for American Homes 4 Rent to $39.47 from $39.81. They cite softer demand trends and a more cautious outlook on occupancy and rental rate growth in the near term.AMH: Sustained Occupancy And Earnings Strength Will Drive Share Performance Ahead
Analysts have slightly lowered the fair value price target for American Homes 4 Rent to $39.81 from $39.90. They cited cautious forecasts on occupancy and rent growth due to recent softer demand trends.Rising Expenses Will Undermine US Housing Market Stability
Analysts have raised their price target for American Homes 4 Rent slightly, increasing it from $40.50 to $41. They cite updated estimates following the company’s second quarter earnings.Rising Expenses Will Undermine US Housing Market Stability
Analysts have slightly increased their price target for American Homes 4 Rent, raising it by $0.50 to $41.00. This adjustment is based on updated revenue and profitability estimates following the company's recent earnings report.Rising Expenses Will Undermine US Housing Market Stability
The consensus price target for American Homes 4 Rent was largely unchanged despite a notable decline in its projected future P/E ratio, with fair value dipping marginally from $40.55 to $40.45. What's in the News No shares were repurchased between April 1 and June 30, 2025; 11,653,421 shares (5.26%) have been bought back for $188.2 million under the ongoing buyback program.American Homes 4 Rent: Preferred Shares Offer Better Value As NOI Growth Moderates
Feb 21American Homes 4 Rent: Favorable Dynamics At A Fair Valuation
Dec 05American Homes 4 Rent: Right Product For The Times But Fairly Valued
May 22American Homes 4 Rent: Still Too Expensive 4 Us
Mar 05American Homes 4 Rent: Leasing The American Dream
Feb 18American Homes 4 Rent: Too Expensive For Me
Dec 07American Homes 4 Rent: Strong Fundamentals Are In The Price
Nov 28Shareholder Returns
| AMH | US Residential REITs | US Market | |
|---|---|---|---|
| 7D | 4.6% | 3.2% | 0.9% |
| 1Y | -18.7% | -13.1% | 28.2% |
Return vs Industry: AMH underperformed the US Residential REITs industry which returned -14% over the past year.
Return vs Market: AMH underperformed the US Market which returned 27.8% over the past year.
Price Volatility
| AMH volatility | |
|---|---|
| AMH Average Weekly Movement | 3.1% |
| Residential REITs Industry Average Movement | 3.1% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: AMH has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: AMH's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 1,598 | Bryan Smith | www.amh.com |
American Homes 4 Rent (AMH or the General Partner) is an internally managed Maryland real estate investment trust (REIT). American Homes 4 Rent, L.P., a Delaware limited partnership and its consolidated subsidiaries (collectively, the Operating Partnership or the OP) is the entity through which the Company conducts substantially all of its business and owns, directly or through subsidiaries, substantially all of its assets. References to the Company, we, our and us mean collectively AMH, the Operating Partnership and those entities/subsidiaries owned or controlled by AMH and/or the Operating Partnership.
American Homes 4 Rent Fundamentals Summary
| AMH fundamental statistics | |
|---|---|
| Market cap | US$13.22b |
| Earnings (TTM) | US$437.70m |
| Revenue (TTM) | US$1.85b |
26.6x
P/E Ratio6.3x
P/S RatioIs AMH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AMH income statement (TTM) | |
|---|---|
| Revenue | US$1.85b |
| Cost of Revenue | US$811.02m |
| Gross Profit | US$1.04b |
| Other Expenses | US$601.52m |
| Earnings | US$437.70m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
May 06, 2026
| Earnings per share (EPS) | 1.20 |
| Gross Margin | 56.17% |
| Net Profit Margin | 23.66% |
| Debt/Equity Ratio | 66.1% |
How did AMH perform over the long term?
See historical performance and comparisonDividends
4.1%
Current Dividend Yield61%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/03 04:11 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
American Homes 4 Rent is covered by 43 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Babin | Baird |
| Anthony Powell | Barclays |
| Anthony Powell | Barclays |