American Homes 4 Rent Stock Price, News & Analysis

American Homes 4 Rent (NYSE: AMH) has announced the pricing of $650 million aggregate principal amount of 4.950% Senior Notes due 2030 through its operating partnership. The Notes will be issued at 99.444% of par value, with interest payable semi-annually on June 15 and December 15, starting December 15, 2025. The offering is expected to close around May 13, 2025.

The company plans to use the net proceeds to repay outstanding debts, including its revolving credit facility and 2015-SFR2 asset-backed securitization notes. Funds will also support general corporate purposes, including property acquisitions, developments, and portfolio improvements. Wells Fargo Securities, BofA Securities, Citigroup, and J.P. Morgan Securities are serving as joint book-running managers for the offering.

AMH reported strong Q1 2025 financial results with notable growth across key metrics. Rents and property revenues increased 8.4% YoY to $459.3M. Net income was $110M ($0.30 per share), while Core FFO grew 6.6% to $0.46 per share. The company achieved a 95.9% Same-Home occupancy rate with 3.6% blended rate growth. AMH delivered 545 newly constructed homes and maintained a strong balance sheet with a BBB credit rating (outlook revised to Positive by S&P). The company's portfolio expanded to 60,700 homes, and they maintained their 2025 guidance with Core FFO expected between $1.80-$1.86 per share, representing 1.7%-5.1% growth. Core NOI from Same-Home properties increased 4.4% YoY to $236.1M.

AMH (NYSE: AMH), a leading single-family rental homes company, has scheduled its first quarter 2025 earnings release for Thursday, May 1, 2025, after market close. The company will host a conference call on Friday, May 2, 2025, at 12:00 p.m. Eastern Time to discuss the results.

The earnings call will be accessible via phone for both domestic (877-451-6152) and international callers (201-389-0879), with a simultaneous audio webcast available on www.amh.com under the Investor Relations section. A replay will be available through May 16, 2025, using passcode 13752374#.

AMH (NYSE: AMH), a leading large-scale integrated owner, operator and developer of single-family rental homes, has announced its participation in the 2025 Citi Global Property CEO Conference. The company's management team will engage in a roundtable discussion scheduled for Tuesday, March 4, 2025, at 11:00 a.m. Eastern Time.

Investors and interested parties can access a live audio webcast of the presentation through the company's website at www.amh.com under the 'For Investors' tab. The webcast replay will remain available for viewing until March 18, 2025.

AMH reported strong financial results for Q4 and full year 2024. Fourth quarter highlights include a 6.8% year-over-year increase in rents and property revenues to $436.6 million, and net income of $123.2 million ($0.33 per diluted share), up from $76.6 million in Q4 2023.

Core FFO grew 5.7% to $0.45 per share, while Same-Home Core NOI increased 3.6%. The company achieved a 95.4% Same-Home Average Occupied Days Percentage, with blended rate growth of 3.3%. During Q4, AMH delivered 463 newly constructed homes and issued $500 million in senior notes due 2035.

For full year 2024, revenues increased 6.5% to $1.73 billion, with net income reaching $398.5 million ($1.08 per diluted share). The company announced a 15% increase in quarterly distribution to $0.30 per share for Q1 2025. As of December 31, 2024, AMH owned 60,531 single-family properties with a weighted-average debt interest rate of 4.4%.

AMH (NYSE: AMH), a leading single-family rental homes operator, has announced a 15% increase in its quarterly dividend to $0.30 per share, up from the previous $0.26 per share. The distribution will be paid on March 31, 2025, to shareholders of record as of March 14, 2025.

Additionally, the company declared quarterly distributions for its preferred shares: $0.36719 per share for 5.875% Series G shares and $0.39063 per share for 6.250% Series H shares, both payable on March 31, 2025. AMH currently owns nearly 60,000 single-family properties across the Southeast, Midwest, Southwest, and Mountain West regions of the United States.

AMH (NYSE: AMH), a leading single-family rental homes operator, has announced the tax treatment of its 2024 cash distributions. The company's distributions across common shares and preferred shares (Series G and H) were classified as 56.415249% Ordinary Dividend Income and 43.584751% Capital Gain Distributions for all quarters.

Key tax details include: 100% of Ordinary Dividend Income qualifies as IRC Section 199A REIT Dividend Income, 30.154110% of capital gain distributions is treated as unrecaptured IRC Section 1250 gain, and all capital gain distributions represent gains from US real property interests for foreign shareholders. As of September 2024, AMH owned nearly 60,000 single-family properties across multiple US regions.

AMH (NYSE: AMH), a leading single-family rental homes company, has scheduled its fourth quarter and full year 2024 financial results release for Thursday, February 20, 2025, after market close. The company will host a conference call on Friday, February 21, 2025, at 12:00 p.m. Eastern Time to discuss results and answer questions.

The conference call will be accessible via toll-free number (877) 451-6152 for domestic callers and (201) 389-0879 for international callers. A simultaneous audio webcast will be available on the company's website. A replay will be accessible through March 7, 2025, using dedicated phone numbers and passcode 13750434#.

American Homes 4 Rent (NYSE: AMH) has announced the pricing of a $500 million Senior Notes offering due 2035 through its operating partnership. The Notes will be issued at 99.484% of par value with a 5.250% annual coupon and an effective interest rate of 5.08%. Interest payments will be made semi-annually starting March 15, 2025. The offering is expected to close around December 9, 2024.

The proceeds will be used to repay existing debt, including potential repayment of revolving credit facility and 2015-SFR1 asset-backed securitization notes, along with general corporate purposes such as property acquisitions, developments, and portfolio improvements.