American Homes 4 Rent (AMH)
NYSEReal EstateReit - ResidentialSnapshot 2026-09-04
$32.47-0.73%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - ResidentialSnapshot 2026-09-04
QuarterlyIQ Insights · AMH
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on increasing Core Net Operating Income and Core Funds from Operations per share through rental rate growth, occupancy management, and expense control.
Stated as a priority in 4 of last 4 quarters. Management raised full-year Core FFO per share guidance from $1.92 in 2026-Q1 to $1.95 in 2026-Q2, reflecting anticipated growth of 4.3% over prior year. Core NOI from total portfolio grew 4.3% in 2026-Q2 and 4.8% in 2026-Q1 year-over-year. The trajectory is delivering consistent growth in Core NOI and Core FFO per share as management has emphasized.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Not enough signal yet.
Over the trailing year it converted 1.50x of net income into operating cash flow. Historically, Real Estate names rated neutral grew net income 57% of the time over the next year (vs 46% for the rest of the cohort, n=2946).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Raised full-year Core FFO per share guidance by three cents to $1.95 at midpoint”
“Full Year 2026 guidance ranges remain unchanged, with AMH’s teams delivering solid execution”
“Raised Full Year 2025 Core FFO guidance midpoint by $0.01 per share to $1.87”
“Raised Full Year 2025 Core FFO guidance midpoint by $0.03 per share to $1.86”
Continue the AMH Development Program to deliver 1,700 to 2,100 newly constructed homes in 2026, including both wholly-owned and joint venture deliveries.
Stated as a priority in 3 of last 3 quarters. Management delivered 539 homes in 2026-Q1 and 651 homes in 2026-Q2, totaling 1,190 homes in first half 2026. The 2026 guidance expects 1,700 to 2,100 home deliveries, reflecting ongoing execution of the AMH Development Program. The trajectory shows steady delivery consistent with stated targets.
“Delivered 651 newly constructed homes in 2026-Q2; total gross capital investment 1,700 - 2,100 homes”
“Delivered 539 newly constructed homes in 2026-Q1; 2026 development deliveries expected 1,700 - 2,100 homes”
“Delivered 490 newly constructed homes in 2025-Q4; 2026 development deliveries expected 1,700 - 2,100 homes”
Continue disciplined capital allocation with focus on share repurchases and maintaining a strong investment grade balance sheet.
Stated as a priority in 4 of last 4 quarters. Management repurchased 3.7 million shares for $115.1 million in 2026-Q1 and 4.1 million shares for $123.0 million in 2026-Q2. A new $500 million share repurchase program was authorized in 2026-Q1. The company maintains a strong investment grade balance sheet with no debt maturities until 2028. The trajectory shows active and prudent capital allocation including share repurchases.
“Repurchased and retired 4.1 million shares at $29.88 per share totaling $123.0 million”
“Repurchased and retired 3.7 million shares at $31.49 per share totaling $115.1 million; new $500 million share repurchase program authorized”
“Repurchased and retired 4.7 million shares at $31.77 per share totaling $150.0 million”
“Repurchased and retired 3.7 million shares at $31.49 per share totaling $115.1 million”
Sustain high occupancy levels and achieve rental rate growth through lease spreads and renewal rate increases.
Stated as a priority in 3 of last 3 quarters. Management reported Same-Home Average Occupied Days Percentage of 96.0% in 2026-Q2, 95.1% in 2026-Q1, and 95.0% in 2025-Q4, with blended rental rate growth around 2.2% to 2.8%. Lease spreads and renewal rates contributed positively to rental growth. The trajectory shows sustained high occupancy and rental rate growth consistent with management's stated focus.
“Same-Home Average Occupied Days Percentage of 96.0% with 2.7% blended rate growth”
“Same-Home Average Occupied Days Percentage of 95.1% with 2.2% blended rate growth”
“Same-Home Average Occupied Days Percentage of 95.0% with 2.8% blended rate growth”
AMH aims to maintain Core NOI growth within the 1% to 3% range for 2026.
Most sensitive to the broad stock market and real (inflation-adjusted) rates.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, Fed net liquidity (low R² over the window).
6 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Real Estate names rated stable grew net income 43% of the time over the next year (vs 55% for the rest of the cohort, n=685).
Not investment advice. As of 2026-09-04.