American Homes 4 Rent Earnings Reports

AMH saw a 6.8% increase in rental revenue and a 60.8% rise in net income year-over-year. Adjusted EPS was $0.41, supported by strong occupancy and rental rate growth. The company delivered 463 new homes and raised $500 million through senior notes. The dividend was increased by 15% for Q1 2025.

American Homes 4 Rent (AMH) announced its Q3 2024 financial results, featuring a 5.5% year-over-year increase in rents and other single-family property revenues, totaling $445.1 million. The company reported net income attributable to common shareholders of $73.8 million, or $0.20 per diluted share. AMH also acquired a portfolio of nearly 1,700 single-family rental homes for approximately $480 million and raised its full-year Core FFO guidance.

American Homes 4 Rent reported a 7.1% year-over-year increase in rents and other single-family property revenues, reaching $423.5 million. Net income attributable to common shareholders totaled $92.1 million, or $0.25 per diluted share. The company delivered 671 newly constructed homes and issued $500.0 million in unsecured senior notes.

American Homes 4 Rent reported a 6.5% increase in rents and other single-family property revenues, reaching $423.6 million. Net income attributable to common shareholders totaled $109.3 million, or $0.30 per diluted share. The company also delivered 469 newly constructed homes through its AMH Development Program.

American Homes 4 Rent (AMH) reported a 7.3% increase in rents and other single-family property revenues, reaching $408.7 million for Q4 2023. Net income attributable to common shareholders was $76.6 million, or $0.21 per diluted share. Core FFO increased by 8.8% and Adjusted FFO increased by 9.3%.

American Homes 4 Rent reported a 7.7% year-over-year increase in rents and other single-family property revenues, reaching $421.7 million. Net income attributable to common shareholders totaled $74.1 million, or $0.20 per diluted share. The company raised its full-year 2023 Core FFO per share guidance, indicating a positive outlook for the remainder of the year.

American Homes 4 Rent (AMH) announced its financial and operating results for the second quarter ended June 30, 2023. Key highlights include a 9.3% year-over-year increase in rents and other single-family property revenues to $395.5 million, net income attributable to common shareholders totaling $98.0 million, and a 7.6% year-over-year increase in Core Funds from Operations (FFO) attributable to common share and unit holders to $0.41 per FFO share and unit.

American Homes 4 Rent (AMH) reported an increase in rents and other single-family property revenues by 11.7% year-over-year to $397.7 million for Q1 2023. Net income attributable to common shareholders totaled $117.5 million, or $0.32 per diluted share. The company achieved a Same-Home Average Occupied Days Percentage of 97.2% and delivered 466 newly constructed homes.

AMH reported a strong fourth quarter in 2022, with rents and other single-family property revenues increasing by 12.7% to $380.9 million. Net income attributable to common shareholders totaled $87.5 million, or $0.25 per diluted share. The company achieved a Same-Home Average Occupied Days Percentage of 97.0% and generated 8.5% rental rate growth on new leases.

American Homes 4 Rent reported a 15.3% increase in single-family property revenues, reaching $391.6 million. Net income attributable to common shareholders was $50.7 million, or $0.14 per diluted share. The company achieved a Same-Home Average Occupied Days Percentage of 97.1% and a 12.5% rate growth on new leases. However, Hurricane Ian impacted certain properties, resulting in net hurricane-related charges of $6.1 million.

American Homes 4 Rent reported a 15.4% increase in rents and other single-family property revenues, reaching $361.9 million. Net income attributable to common shareholders was $56.6 million, or $0.16 per diluted share. Core FFO increased by 16.0% year-over-year to $0.38 per FFO share and unit. The company delivered 529 newly constructed homes and upgraded its corporate credit rating to BBB by S&P Global Ratings.

American Homes 4 Rent reported a strong first quarter in 2022, with rents and other single-family property revenues increasing by 13.9% year-over-year to $356.1 million and a Core FFO per share growth of nearly 19%.

American Homes 4 Rent reported a strong Q4 2021, with a 14.0% increase in single-family property revenues to $338.1 million. Net income attributable to common shareholders was $48.1 million, or $0.14 per diluted share. Core FFO increased 20.4% year-over-year to $0.37 per share and unit, and Adjusted FFO increased 20.9% to $0.34 per share and unit. The company achieved a Same-Home Average Occupied Days Percentage of 97.6% and generated 12.2% rental rate growth on new leases.

American Homes 4 Rent reported a strong third quarter with rents and other single-family property revenues increasing 10.3% year-over-year to $339.6 million. Net income attributable to common shareholders totaled $36.9 million, or $0.11 per diluted share. The company raised its full-year 2021 Core FFO attributable to common share and unit holders guidance midpoint by $0.04 per share and unit to $1.36.

American Homes 4 Rent reported a strong second quarter in 2021, with rents and other single-family property revenues increasing by 11.7% to $313.7 million. Net income attributable to common shareholders totaled $20.1 million, or $0.06 per diluted share. The company also raised its full-year Core FFO guidance to $1.32 per share.

American Homes 4 Rent reported an 8.8% increase in single-family property revenues, reaching $312.6 million. Net income attributable to common shareholders was $30.2 million, or $0.09 per diluted share. The company experienced record demand with a Same-Home portfolio Average Occupied Days Percentage of 97.3% and achieved 10.0% rental rate growth on new leases.

American Homes 4 Rent reported a 5.4% increase in total revenues to $299.3 million for Q4 2020, driven by growth in the average occupied portfolio and higher rental rates. Net income attributable to common shareholders increased to $27.1 million, or $0.09 per diluted share.

American Homes 4 Rent reported a 4.2% increase in total revenues to $310.8 million for the third quarter of 2020. Net income attributable to common shareholders totaled $22.6 million, or $0.07 per diluted share. The company experienced record demand, with the Same-Home portfolio Average Occupied Days Percentage reaching 96.9% and achieving 5.9% rental rate growth on new leases.

American Homes 4 Rent reported a slight increase in total revenues, driven by growth in the average occupied portfolio and higher rental rates. Record demand and all-time high leasing and occupancy levels were experienced. The company collected 96.5% of second quarter rents through July 2020.

American Homes 4 Rent reported a 3.7% increase in total revenues to $289.6 million for the first quarter of 2020. Net income attributable to common shareholders totaled $20.2 million, or $0.07 per diluted share. The company maintained a strong Same-Home portfolio Average Occupied Days Percentage of 95.3% and achieved a 3.6% year-over-year growth in Average Monthly Realized Rent per property.

American Homes 4 Rent reported a 5.1% increase in total revenues to $284.0 million for Q4 2019, driven by strong leasing activity and higher rental rates. Net income attributable to common shareholders totaled $23.6 million, or $0.08 per diluted share. The company entered into a strategic joint venture with institutional investors advised by J.P. Morgan Asset Management focused on constructing and operating newly built rental homes.