American Homes 4 Rent (NYSE:AMH) Announces $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) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Tuesday, September 15th.

American Homes 4 Rent has raised its dividend by an average of 0.4%annually over the last three years and has increased its dividend every year for the last 5 years. American Homes 4 Rent has a payout ratio of 169.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities 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 Stock Up 0.2%

Shares of NYSE AMH opened at $34.39 on Friday. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $35.85. The firm’s 50-day moving average is $33.55 and its 200-day moving average is $31.60. 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 market capitalization of $12.40 billion, a PE ratio of 27.29, a price-to-earnings-growth ratio of 6.20 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $470.10 million for the quarter, compared to analyst estimates of $466.51 million. During the same period in the prior year, the business posted $0.47 earnings per share. American Homes 4 Rent’s revenue 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. Equities analysts expect that American Homes 4 Rent will post 1.88 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on AMH shares. Morgan Stanley reduced their price target on American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 12th. UBS Group raised their target price on American Homes 4 Rent from $32.00 to $35.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Jefferies Financial Group upgraded American Homes 4 Rent to a “strong-buy” rating in a research report on Wednesday, July 22nd. Compass Point assumed coverage on American Homes 4 Rent in a research note on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price target for the company. Finally, Mizuho increased their price target on shares of American Homes 4 Rent from $29.00 to $35.00 and gave the company a “neutral” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $36.83.

About American Homes 4 Rent

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.