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AMERICAN HOMES 4 RENT - $AMH STOCK NEWS

Welcome to our dedicated page for AMERICAN HOMES 4 RENT news (Ticker: $AMH), a resource for investors and traders seeking the latest updates and insights on AMERICAN HOMES 4 RENT stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AMERICAN HOMES 4 RENT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AMERICAN HOMES 4 RENT's position in the market.

Rhea-AI Summary

AMH (NYSE: AMH) reported strong financial and operating results for the first quarter of 2024. Rents and revenues increased, while net income decreased due to lower property sales gains. Core FFO and Adjusted FFO rose, driven by higher rental rates. Sustainability efforts were highlighted, and guidance for the full year 2024 was provided. The company remains focused on growth and value creation for shareholders.

Rhea-AI Impact
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End-of-Day
-1.76%
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Rhea-AI Summary
AMH (NYSE: AMH) releases its 2023 Sustainability Report, highlighting a 16% reduction in greenhouse gas emissions intensity, generation of 630 MWh of renewable energy, and achieving a top-quartile employee Net Promoter Score. The report emphasizes the company's commitment to sustainability, workplace excellence, and customer experience.
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0.53%
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AMH, a leading large-scale integrated owner, operator, and developer of single-family rental homes, announced that its corporate headquarters building in Las Vegas has been awarded LEED Gold certification for its sustainable building practices. The certification reflects the company's commitment to environmental responsibility and energy efficiency.
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0.25%
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AMH to Release First Quarter 2024 Financial Results on May 2, 2024
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0.9%
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AMH to participate in roundtable discussion at 2024 Citi Global Property CEO Conference. Live webcast available on company's website.
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2.27%
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AMH announced the retirement of David P. Singelyn as CEO, with Bryan Smith succeeding him effective January 1, 2025. The Board also promoted Christopher C. Lau to Senior Executive Vice President. Singelyn will serve as an advisor until June 2025. The transition aims to maintain the Company's growth with Smith's operational expertise and leadership.
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Rhea-AI Sentiment
End-of-Day
1.41%
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AMH (NYSE: AMH) reported an 18% increase in quarterly distribution for the fourth quarter of 2023, with rents and property revenues rising by 7.3%. Net income attributable to common shareholders was $76.6 million. The company raised its common share dividend by 18% to $0.26 in the first quarter of 2024.
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Rhea-AI Sentiment
End-of-Day
1.41%
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AMH (NYSE: AMH) declares a dividend increase of 18% to $0.26 per share for the first quarter of 2024. The distribution will be payable on March 28, 2024, to shareholders of record on March 15, 2024.
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Rhea-AI Sentiment
End-of-Day
0.06%
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AMH (NYSE: AMH) announced the tax treatment of its 2023 cash distributions for common shares and preferred shares. The distributions were classified as ordinary dividend income and capital gain distributions. 100% of the ordinary dividend income is treated as Internal Revenue Code (IRC) Section 199A Qualified REIT Dividend Income. Shareholders are advised to consult their tax advisors for specific tax treatment.
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Rhea-AI Sentiment
End-of-Day
1.94%
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American Homes 4 Rent (AMH) announced the pricing of a $600 million aggregate principal amount of 5.500% Senior Notes due 2034. The Notes will be issued at 99.893% of par value with a coupon of 5.500% per annum. Interest is payable semi-annually, and the offering is expected to close soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
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AMERICAN HOMES 4 RENT

NYSE:AMH

AMH Rankings

AMH Stock Data

13.36B
336.85M
7.79%
90.23%
3.8%
Lessors of Residential Buildings and Dwellings
Real Estate and Rental and Leasing
Link
United States of America
LAS VEGAS

About AMH

american homes 4 rent is focused on acquiring, renovating, leasing, and operating residential homes. as an industry leader in rental homes, we combine the benefits of a national organization, the ease of innovative leasing technologies, and the experience of talented local professionals to provide a superior residential rental experience.