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.
American Homes 4 Rent (AMH) is a leading real estate investment trust specializing in single-family home rentals across key U.S. markets. This page serves as the definitive source for official company announcements, financial updates, and operational developments.
Investors and industry observers will find curated press releases covering earnings reports, property portfolio expansions, and strategic initiatives. The repository includes updates on AMH's unique dual approach to acquiring existing homes and developing new rental communities, along with its technology-driven property management innovations.
All content is maintained to reflect the company's focus on operational efficiency, geographic diversification, and commitment to quality housing solutions. Regular updates ensure stakeholders can track AMH's performance in the competitive single-family rental sector.
Bookmark this page for direct access to AMH's latest corporate communications, including leadership updates, financial disclosures, and market expansion news. Check back regularly for real-time updates from one of the REIT sector's most active residential property operators.
American Homes 4 Rent (NYSE: AMH) has acquired 55 acres at Etowah Shoals Village in Canton, Georgia, investing approximately $50 million to develop River Ridge, a community featuring 198 single-family rental homes. River Ridge will include amenities such as a neighborhood center, pool, and fitness facility. This acquisition expands AH4R's existing portfolio of over 4,900 homes in the Atlanta area, reinforcing its strategy to provide quality housing in rapidly growing markets.
American Homes 4 Rent (NYSE: AMH) reported a 4.2% increase in total revenues to $310.8 million for Q3 2020, despite a decline in net income to $22.6 million, or $0.07 per diluted share. Core FFO rose 6.7% year-over-year to $0.29 per share. The company achieved record demand with a 96.9% average occupancy rate, supported by a 5.9% rental growth on new leases. A successful equity offering raised $411.7 million for growth initiatives. However, increased uncollectible rents due to COVID-19 adversely affected net income and operational results.
American Homes 4 Rent (NYSE: AMH) announced that it will release its third quarter 2020 financial results on November 5, 2020, after market hours. A conference call will follow on November 6, 2020, at 11:00 a.m. ET for a review of the results and a Q&A session. As of June 30, 2020, AMH owned 53,000 single-family properties across 22 states, showcasing its position as a leader in the single-family rental market.
FAQ
What is the current stock price of American Homes 4 Rent (AMH)?
What is the market cap of American Homes 4 Rent (AMH)?
