AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We’re an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country. In recent years, we’ve been named one of Fortune’s 2023 Best Workplaces in Real Estate, a 2024 Great Place to Work, a 2023 Most Loved Workplace, a 2023 Top U.S. Homebuilder by Builder100, and one of America’s Most Responsible Companies 2024 and Most Trustworthy Companies in America 2024 by Newsweek and Statista Inc. As of March 31, 2024, we owned nearly 60,000 single-family properties in the Southeast, Midwest, Southwest and Mountain West regions of the United States.
Rental Revolution | American Homes 4 Rent capitalizes on the growing demand for single-family rentals, offering suburban living without long-term commitments |
Financial Fortitude | AMH surpasses expectations with Q2 2024 core FFO of $0.45 per share, prompting management to raise full-year guidance to $1.76 per share |
Strategic Expansion | Explore AMH's development program, set to add 1,900 units in FY2024, potentially yielding higher returns than traditional acquisitions |
Market Positioning | Analysts set price targets ranging from $41 to $42, reflecting confidence in AMH's ability to navigate the competitive Build-to-Rent landscape |
Metrics to compare | AMH | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipAMHPeersSector | |
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P/E Ratio | 39.5x | −24.5x | 7.6x | |
PEG Ratio | −5.07 | −0.37 | 0.01 | |
Price/Book | 2.3x | 1.5x | 0.9x | |
Price / LTM Sales | 9.3x | 5.6x | 3.9x | |
Upside (Analyst Target) | 9.6% | 7.5% | 15.4% | |
Fair Value Upside | Unlock | −5.3% | 0.3% | Unlock |