American Homes 4 Rent Stock Price, News & Analysis

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.

AMH, a leading single-family rental homes REIT, has announced its Q4 2024 dividend distributions. The company declared a dividend of $0.26 per share on common shares, payable on December 31, 2024, to shareholders of record on December 13, 2024. Additionally, quarterly distributions were declared for preferred shares: $0.36719 per share for 5.875% Series G shares and $0.39063 per share for 6.250% Series H shares. AMH currently owns nearly 60,000 single-family properties across various U.S. regions.

AMH reported Q3 2024 financial results with rents and property revenues increasing 5.5% year-over-year to $445.1 million. Net income was $73.8 million ($0.20 per share), while Core FFO grew 6.3% to $0.44 per share. The company acquired a portfolio of nearly 1,700 single-family rental homes for $480 million across 13 markets in October 2024. Same-Home Core NOI increased 5.4% year-over-year, with 95.9% occupancy and 5.2% blended lease rate growth. The company raised its Full Year 2024 Core FFO guidance midpoint to $1.77 per share, representing 6.6% annual growth.

AMH (NYSE: AMH), a leading large-scale integrated owner, operator and developer of single-family rental homes, has announced the dates for its third quarter 2024 earnings release and conference call. The company will release its financial and operating results on Tuesday, October 29, 2024, after market close. A conference call will be held on Wednesday, October 30, 2024, at 12:00 p.m. Eastern Time to review the results and conduct a Q&A session.

The live conference call will be accessible via toll-free and direct dial numbers for both domestic and international callers. An audio webcast will also be available on the company's website. A replay of the conference call will be accessible through November 13, 2024, via phone and webcast.

AMH, a leading single-family rental home company, announced its participation in the BofA Securities 2024 Global Real Estate Conference on September 11, 2024. The management team will join a roundtable discussion at 10:20 a.m. Eastern Time, with a live audio webcast available on the company's website.

AMH, traded as NYSE: AMH, is a Maryland-based REIT focusing on acquiring, developing, and managing single-family rental properties. As of June 30, 2024, AMH owned nearly 60,000 properties across various U.S. regions. The company has received multiple accolades, including recognition as one of Fortune's 2023 Best Workplaces in Real Estate™ and a 2024 Great Place to Work®.

AMH (NYSE: AMH), a leading single-family rental home owner and operator, has announced its Q3 2024 dividend distributions. The company will pay $0.26 per share on common shares, payable on September 30, 2024, to shareholders of record on September 13, 2024. Additionally, AMH declared quarterly distributions on 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 the same dates as the common share dividend.

AMH, a Maryland REIT, focuses on acquiring, developing, renovating, and managing single-family rental properties. As of June 30, 2024, the company owned nearly 60,000 properties across various U.S. regions. AMH has received recognition as a top workplace and responsible company in recent years.

AMH (NYSE: AMH) announced its Q2 2024 financial results on August 1, 2024. Key highlights include:

• Rents and other single-family property revenues increased 7.1% year-over-year to $423.5 million.
• Net income attributable to common shareholders was $92.1 million or $0.25 per diluted share, compared to $98.0 million or $0.27 per diluted share in Q2 2023.
• Core FFO rose 8.5% to $0.45 per share and unit.
• Adjusted FFO increased 9.4% to $0.39 per share and unit.
• Core NOI from Same-Home properties climbed 5.9% year-over-year.
• AMH issued $500 million in unsecured senior notes due 2034, raising $494 million.

The company raised its 2024 Core FFO guidance midpoint by $0.03 to $1.76 per share and unit, anticipating a full-year growth of 6.0%.