American Homes 4 Rent (NYSE:AMH) Plans $0.33 Quarterly Dividend

American Homes 4 Rent (NYSE:AMH) declared a quarterly dividend on Thursday, August 20th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.33 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, September 15th.

American Homes 4 Rent has increased its dividend by an average of 0.4%per year over the last three years and has increased its dividend every year for the last 5 years. American Homes 4 Rent has a dividend payout ratio of 169.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect American Homes 4 Rent to earn $1.96 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 67.3%.

American Homes 4 Rent Price Performance

Shares of AMH opened at $34.39 on Friday. The firm has a market cap of $12.40 billion, a PE ratio of 27.29, a P/E/G ratio of 6.20 and a beta of 0.79. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.69. The firm has a fifty day simple moving average of $33.55 and a two-hundred day simple moving average of $31.60. American Homes 4 Rent has a 1-year low of $27.22 and a 1-year high of $35.85.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The firm had revenue of $470.10 million during the quarter, compared to the consensus estimate of $466.51 million. During the same quarter in the previous year, the firm posted $0.47 EPS. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, equities analysts anticipate that American Homes 4 Rent will post 1.88 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC raised its position in American Homes 4 Rent by 3.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust’s stock valued at $347,000 after purchasing an additional 321 shares during the last quarter. Vanderbilt University grew its holdings in American Homes 4 Rent by 1.5% during the 1st quarter. Vanderbilt University now owns 23,385 shares of the real estate investment trust’s stock worth $653,000 after acquiring an additional 346 shares during the period. OMERS ADMINISTRATION Corp grew its holdings in American Homes 4 Rent by 3.6% in the first quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust’s stock worth $338,000 after purchasing an additional 424 shares during the period. Assetmark Inc. raised its stake in American Homes 4 Rent by 7.2% during the 1st quarter. Assetmark Inc. now owns 6,427 shares of the real estate investment trust’s stock worth $179,000 after buying an additional 431 shares during the period. Finally, IFP Advisors Inc lifted its holdings in shares of American Homes 4 Rent by 122.2% in the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 441 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.