AMH - American Homes 4 Rent
| Previous Close | 28.92 |
| Open | 28.96 |
| Bid | 29.04 x 2200 |
| Ask | 29.05 x 1100 |
| Day's Range | 28.74 - 29.14 |
| 52 Week Range | 21.59 - 29.89 |
| Volume | 1,904,499 |
| Avg. Volume | 1,465,398 |
| Market Cap | 8.754B |
| Beta (5Y Monthly) | 0.61 |
| PE Ratio (TTM) | 109.03 |
| EPS (TTM) | 0.27 |
| Earnings Date | Feb 26, 2020 |
| Forward Dividend & Yield | 0.20 (0.69%) |
| Ex-Dividend Date | Dec 30, 2019 |
| 1y Target Est | 28.57 |
- Bloomberg
Litt’s Land & Buildings Adds Stake in American Homes 4 Rent
(Bloomberg) -- Activist investor Jonathan Litt has built a new position in American Homes 4 Rent and nominated a minority slate of directors to try and improve the real estate investment trust’s performance, according to people familiar with the matter.Litt’s Land & Buildings Investment Management, which owns about 2.5 million shares -- or less than 1% -- of American Homes, believes the company is being outperformed by its peers in the single-family home rental industry, the people said, asking not to be identified because the details are private.“AMH is one of L&B’s largest investments,” Litt confirmed on Twitter Tuesday, using the stock ticker for American Homes.A representative for American Homes wasn’t immediately available to comment.Litt has spoken to the company about his views, the people said. It’s not clear exactly how many directors Land & Buildings has put forward for the 10-member board, they said.Shares in American Homes have gained 25% in the past 12 months, giving the company a market valuation of $8.5 billion. While the stock is up, it has trailed rival Invitation Homes Inc., which was taken public by Blackstone Group Inc. in 2017 and has gained 38% over the past year. Shares climbed less than 1% to $28.55 apiece in New York Tuesday.Litt believes American Homes has a stronger balance sheet than Invitation Homes and that its shares would be worth 35% more if it traded at a similar multiple, the people said. He believes inconsistent communication from the management team, as well as a need to improve margins and revenue growth, is behind the gap in valuation, they said. Land & Buildings also believes the board needs to be refreshed as nearly half of the current roster is insiders, they said.American Homes, based in Agoura Hills, California, is a leader in the single-family home rental industry with nearly 53,000 properties in 22 states, according to its website. The company was founded in 2012 by B. Wayne Hughes, and went public in 2013. Shares are up 79% since the initial public offering.Investors like Hughes and Blackstone bought up cheap houses for the rental market in the aftermath of the 2008 financial crisis, helping prove that scattered portfolios of rental properties could be managed profitably.Blackstone cashed out of its post-recession bet on Invitation Homes in November, making $7 billion from the stock sales and dividends, more than twice what it invested. Other investors, such as JPMorgan Chase & Co.’s asset management arm, pension funds, and sovereign wealth funds are now piling into the space since housing prices have started to recover.(Updates with Litt tweet confirming stake in third paragraph.)To contact the reporter on this story: Scott Deveau in New York at sdeveau2@bloomberg.netTo contact the editors responsible for this story: Liana Baker at lbaker75@bloomberg.net, Elizabeth FournierFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- PR Newswire
American Homes 4 Rent Announces Dates of Fourth Quarter and Full Year 2019 Earnings Release and Conference Call
American Homes 4 Rent (NYSE: AMH) today announced that the Company will release its fourth quarter and full year 2019 financial and operating results on Thursday, February 27, 2020, after the market closes. The Company will host a conference call on Friday, February 28, 2020, at 11:00 a.m. Eastern Time to review fourth quarter and full year results, discuss recent events and conduct a question-and-answer period.
- PR Newswire
American Homes 4 Rent Announces Tax Treatment of 2019 Distributions
American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, today announced the tax treatment of the Company's 2019 distributions.
- GuruFocus.com
This Trio of Low Price-Book Stocks Is Set to Beat the Market
PetroChina Company Limited tops the list Continue reading...
- Simply Wall St.
Is American Homes 4 Rent's (NYSE:AMH) CEO Pay Justified?
David Singelyn became the CEO of American Homes 4 Rent (NYSE:AMH) in 2012. First, this article will compare CEO...
- Insider Monkey
Is American Homes 4 Rent (AMH) A Good Stock To Buy?
The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […]
- Zacks
Aimco's (AIV) Latest Transactions to Be Accretive to 2020 FFO
Apartment Investment and Management Company's (AIV) recent move will help the company enjoy current income from the loan as well as offer scope to gain by participating in the significant development pipeline.
- Zacks
UDR Closes $1.76B Transaction With MetLife, Reduces Size of JV
UDR's acquisition of interest in 10 operating communities, as part of the UDR/MetLife JV transaction of $1.76 billion, is accretive to earnings and aids in portfolio expansion in strategic markets.
- Insider Monkey
Hedge Funds Love Athene Holding Ltd. (ATH) Way More Than These Stocks
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]
- Thomson Reuters StreetEvents
Edited Transcript of AMH earnings conference call or presentation 8-Nov-19 4:00pm GMT
Q3 2019 American Homes 4 Rent Earnings Call
- Moody's
American Homes 4 Rent 2015-SFR1 -- Moody's upgrades $237.7 million single-family rental (SFR) RMBS
Rating Action: Moody's upgrades $237.7 million single-family rental RMBS. Global Credit Research- 08 Nov 2019. New York, November 08, 2019-- Moody's Investors Service has upgraded the ratings of six tranches ...
- PR Newswire
American Homes 4 Rent Announces Distributions
AGOURA HILLS, Calif. , Nov. 7, 2019 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, today announced that the ...
- PR Newswire
American Homes 4 Rent Reports Third Quarter 2019 Financial and Operating Results
AGOURA HILLS, Calif. , Nov. 7, 2019 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, today announced its financial ...
- Simply Wall St.
Is American Homes 4 Rent's (NYSE:AMH) 2.3% ROE Worse Than Average?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- Insider Monkey
Hedge Funds Have Never Been This Bullish On American Homes 4 Rent (AMH)
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the second quarter and hedging or reducing many of […]
- PR Newswire
American Homes 4 Rent Appoints Bryan Smith as Chief Operating Officer
AGOURA HILLS, Calif. , Oct. 15, 2019 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, today announced that Bryan ...
- Zacks
American Homes 4 Rent (AMH) Moves to Buy: Rationale Behind the Upgrade
American Homes 4 Rent (AMH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
- PR Newswire
American Homes 4 Rent Announces Dates of Third Quarter 2019 Earnings Release and Conference Call
AGOURA HILLS, Calif. , Oct. 10, 2019 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) today announced that the Company will release its third quarter 2019 financial and operating results on Thursday, ...
- Simply Wall St.
You May Have Been Looking At American Homes 4 Rent (NYSE:AMH) All Wrong
American Homes 4 Rent is a US$9.1b mid-cap, real estate investment trust (REIT) based in Agoura Hills, United States...
- GuruFocus.com
American Homes 4 Rent (AMH) COO Jack E Corrigan Sold $2.6 million of Shares
COO of American Homes 4 Rent (30-Year Financial, Insider Trades) Jack E Corrigan (insider trades) sold 100,000 shares of AMH on 09/03/2019 at an average price of $25.7 a share. Continue reading...
- PR Newswire
American Homes 4 Rent to Participate in Bank of America Merrill Lynch 2019 Global Real Estate Conference
AGOURA HILLS, Calif. , Sept. 3, 2019 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, announced today that members ...
- Thomson Reuters StreetEvents
Edited Transcript of AMH earnings conference call or presentation 30-Jul-19 3:00pm GMT
Q2 2019 American Homes 4 Rent Earnings Call
- GuruFocus.com
American Homes 4 Rent (AMH) COO Jack E Corrigan Sold $2.1 million of Shares
COO of American Homes 4 Rent (30-Year Financial, Insider Trades) Jack E Corrigan (insider trades) sold 80,000 shares of AMH on 08/26/2019 at an average price of $25.67 a share. Continue reading...
- PR Newswire
Cohen & Steers Announces Changes to Realty Indexes
NEW YORK , Aug. 9, 2019 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today pending changes to its Realty Majors Portfolio Index (RMP), International Realty Majors Portfolio Index (IRP) and ...
