American Homes 4 Rent Declares Quarterly Dividend of $0.33 (NYSE:AMH)

American Homes 4 Rent (NYSE:AMH) announced a quarterly dividend on Thursday, May 14th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.33 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Monday, June 15th.

American Homes 4 Rent has raised its dividend by an average of 0.4%per year over the last three years and has raised its dividend annually for the last 5 consecutive years. American Homes 4 Rent has a payout ratio of 169.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect American Homes 4 Rent to earn $2.01 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 65.7%.

American Homes 4 Rent Price Performance

Shares of NYSE AMH opened at $31.35 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $38.85. The stock has a 50 day moving average of $29.74 and a two-hundred day moving average of $30.86. The stock has a market cap of $11.40 billion, a P/E ratio of 25.49, a P/E/G ratio of 4.15 and a beta of 0.82.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.30. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The company had revenue of $472.02 million during the quarter, compared to analysts’ expectations of $470.62 million. During the same quarter in the previous year, the business earned $0.46 earnings per share. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, research analysts forecast that American Homes 4 Rent will post 1.92 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMH has been the subject of a number of research reports. Morgan Stanley reduced their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday, March 9th. Keefe, Bruyette & Woods boosted their price objective on American Homes 4 Rent from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Tuesday. Raymond James Financial restated a “market perform” rating on shares of American Homes 4 Rent in a research note on Friday, February 27th. Royal Bank Of Canada upped their price target on American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, Mizuho cut their price target on American Homes 4 Rent from $32.00 to $29.00 and set a “neutral” rating for the company in a research note on Friday, March 13th. Eight research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, American Homes 4 Rent has an average rating of “Hold” and an average price target of $35.00.

American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.