AMH · American Homes 4 Rent
$34.33
+0.66 (+1.96%)
At close · Aug 19
Market Cap
$12.11B
Shares
359.82M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$34.33
Open$34.04
Day$33.84–34.37
52W close$27.38–35.82
Avg vol 30d2.1M
Short int9.8M · 2.7% float · 4.6d
Short vol62%
Last earningsJul 31, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jul 31
Up next
Next earnings call
Oct 27, 2026
Est · unconfirmed
· in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Jul 31, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Very Bullish
Fundamentals
Strong
Quant / Vol
Very Low
Market backdrop
VIX 14.9 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+9%
above
Price vs 50-day avg
+2%
above
RSI (14)
56
neutral
MACD trend
Negative
52-week position
82%
mid-range
Momentum
relative strength
1-month return
+3%
trailing
6-month return
+13%
trailing
YTD return
+7%
this year
Relative strength
+2%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $34 › 200d $32 — 50d above 200d
Institutional flow
Accumulating
+3% holders QoQ · +86 funds added
Insider flow
Accumulating
Net +$206.5K over 90 days · 0% sells
Short interest
Falling
2.73% of float · ▼ -9.6% MoM · 4.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
479 holders — near 3-yr high, broad support
Squeeze score
54
elevated · 0–100
Fundamentals
Revenue growth
+3%
Y/Y
EPS growth
+9%
Y/Y
Free cash flow
$-1.1B
Valuation
P/E 26.7
below peers
Buyback
$377.0M
remaining
Balance sheet
$5.0B
net debt
Quant / Vol
risk profile
Volatility
20%
annualized · 1-yr
Max drawdown
−24%
past year
ATR
1.8%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 30, 2026
Core FFO attributable to common share and unit holders growth
· Full Year 2026
Non-GAAP
Initiated
3.2% – 5.3%
Same-Home Core revenues growth
· Full Year 2026
Non-GAAP
Initiated
1.5% – 3%
Same-Home Core NOI growth
· Full Year 2026
Non-GAAP
Initiated
1.4% – 3.4%
Total gross capital investment
· Full Year 2026
Initiated
$650M – $850M
JV development deliveries investment
· Full Year 2026
Initiated
$150M – $250M
Core NOI growth
· Full Year 2026
Initiated
1.4% – 3.4%
Core NOI growth
· Full Year 2026
Non-GAAP
Initiated
1.4% – 3.4%
Prior guidance
period ended
· from the 8-K filed Oct 29, 2025
Core FFO attributable to common share and unit holders
· Full Year 2025
$1.87
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+9%
Bullish
Price vs 50-day avg
+2%
Bullish
RSI (14)
56
Neutral
MACD trend
Negative
Bearish
52-week position
82%
Neutral
Market signals — smart money & positioning
Bullish · 4 of 6
Trend (MA cross)
No cross
50d $34 › 200d $32 — 50d above 200d
Institutional flow
Accumulating
+3% holders QoQ · +86 funds added
Insider flow
Accumulating
Net +$206.5K over 90 days · 0% sells
Short interest
Falling
2.73% of float · ▼ -9.6% MoM · 4.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
479 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $27
Now $34 · 82%
Range high $36
vs 200-day avg +9%
vs 50-day avg +2%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| 2Q26 Dispositions (Average Net Proceeds per Property) | $298,074 | 2Q26 | — |
| 2Q26 Dispositions (Number of Properties) | 608 | 2Q26 | — |
| Adjusted EBITDAre - TTM non-GAAP | 1.03B | Trailing Twelve Months Ended Jun 30, 2026 | — |
| Adjusted EBITDAre Margin non-GAAP | 62.5% | Six Months Ended Jun 30, 2026 | — |
| Adjusted FFO per FFO share and unit non-GAAP | $0.9 | the six-month period ended June 30, 2026 | — |
|
|
|||
| Average Change in Rent for Re-Leases | 1.4% | Three Months Ended Jun 30, 2026 | — |
| Average Change in Rent for Renewals | 3.2% | Three Months Ended Jun 30, 2026 | — |
| Average Monthly Realized Rent per property non-GAAP | 2.8% | the six-month period ended June 30, 2026 | — |
| Average Occupied Days Percentage non-GAAP | 50 | the six-month period ended June 30, 2026 | — |
| Average R&M and turnover costs, net, plus Recurring Capital Expenditures non-GAAP | $780 | 2Q26 | — |
| Average Recurring Capital Expenditures | $269 | Three Months Ended Jun 30, 2026 | — |
| Avg. Blended Change in Rent | 2.7% | Top 20 Markets three months ended June 30, 2026 | — |
| Avg. Price Paid Per Share (Total) | $31.07 | YTD 2Q26 | — |
| Blended rate growth | 2.7% | second quarter of 2026 | — |
|
|
|||
| Class A common shares repurchased and retired | 4.1M | second quarter of 2026 | — |
|
|
|||
| Common Shares Repurchased (Total YTD) | 12,489,502 | YTD 2Q26 | — |
| Core FFO per FFO share and unit non-GAAP | $0.98 | the six-month period ended June 30, 2026 | — |
|
|
|||
| Core NOI non-GAAP | 546.54M | Six Months Ended Jun 30, 2026 | — |
| Core NOI from Same-Home properties non-GAAP | $490.9M | six months ended June 30, 2026 | — |
|
|
|||
| Core NOI from total portfolio non-GAAP | $275.4M | second quarter of 2026 | — |
|
|
|||
| FFO attributable to common share and unit holders non-GAAP | $0.93 | Six Months Ended Jun 30, 2026 | — |
| FFO per FFO share and unit non-GAAP | $0.93 | For the Six Months Ended Jun 30, 2026 | — |
| Fixed Charge Coverage non-GAAP | 4.2 | as of June 30, 2026 | — |
| Fully Adjusted EBITDAre non-GAAP | 489.47M | Six Months Ended Jun 30, 2026 | — |
| Fully Adjusted EBITDAre Margin non-GAAP | 59% | the six-month period ended June 30, 2026 | — |
| Homes delivered from AMH Development Program | 651 | second quarter of 2026 | — |
|
|
|||
| Lease expirations (1Q27) | 15,753 | 1Q27 | — |
| Lease expirations (2Q27) | 19,365 | 2Q27 | — |
| Lease expirations (3Q26) | 10,446 | 3Q26 | — |
| Lease expirations (4Q26) | 5,937 | 4Q26 | — |
| Lease expirations (MTM) | 2,221 | MTM | — |
| Lease expirations (Thereafter) | 5,010 | Thereafter | — |
| Lease spreads on new leases | 1.4% | second quarter of 2026 | — |
|
|
|||
| Lease spreads on renewals | 3.2% | second quarter of 2026 | — |
|
|
|||
| Lots for Future Delivery | 5,382 | Jun 30, 2026 | — |
| Lots optioned | 356 | Jun 30, 2026 | — |
| Net Debt and Preferred Shares to Adjusted EBITDAre | 5.2 | As of June 30, 2026 | — |
| Net proceeds from property sales | $181.2M | Q2 FY2026 | — |
| Newly constructed homes delivered from AMH Development Program | 651 | Q2 2026 | — |
|
|
|||
| Newly constructed homes delivered to operating portfolio through AMH Development Program | 542 | Q2 FY2026 | — |
| Newly constructed homes delivered to unconsolidated joint ventures through AMH Development Progr | 109 | Q2 FY2026 | — |
| Number of Properties | 60,482 | Top 20 Markets as of June 30, 2026 | — |
| Number of Same-Home properties | 53,935 | Three Months Ended Jun 30, 2026 | — |
| Occupied single-family properties | 57,897 | Jun 30, 2026 | — |
| Properties held for sale | 701 | As of June 30, 2026 | — |
| Properties held in unconsolidated joint ventures | 3,961 | As of June 30, 2026 | — |
| Properties sold | 608 | Q2 FY2026 | — |
| Property Enhancing Capex | 10.11M | Three Months Ended Jun 30, 2026 | — |
| Recurring Capital Expenditures non-GAAP | $14.49M | 2Q26 | — |
| Remaining ATM authorization | 1B | 2Q26 | — |
| Remaining share repurchase authorization | 377.05M | 2Q26 | — |
| Retained Cash Flow | $50.1M | Q2 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Adjusted FFO attributable to common share and unit holders $185.98M
-$135.86M Common distributions
= Retained Cash Flow $50.12M
|
|||
| Same-Home Average Occupied Days Percentage | 96% | As of June 30, 2026 | — |
|
|
|||
| Same-Home Average Occupied Days Percentage (53,935 properties) | 96% | Jun 30, 2026 | — |
| Same-Home Core NOI non-GAAP | 245.78M | Three Months Ended Jun 30, 2026 | — |
| Same-Home Turnover Rate | 8.1% | Three Months Ended Jun 30, 2026 | — |
| Same-Home Turnover Rate - TTM | 27.3% | Three Months Ended Jun 30, 2026 | — |
| Single-Family Properties Held for Sale | 701 | as of June 30, 2026 | — |
| Single-family properties in turnover process | 1,662 | Jun 30, 2026 | — |
| Single-family properties leased, not yet occupied | 835 | Jun 30, 2026 | — |
| Single-family properties managed under joint ventures | 3,961 | Jun 30, 2026 | — |
| Single-family properties recently renovated or developed | 88 | Jun 30, 2026 | — |
| Total Average Occupied Days Percentage | 95.6% | Jun 30, 2026 | — |
| Total development pipeline | 5,028 | Deliveries Thereafter | — |
| Total home deliveries through AMH Development Program | 651 | Q2 FY2026 | — |
| Total lots owned and optioned | 5,738 | Jun 30, 2026 | — |
| Total single-family properties (excluding properties held for sale) | 60,482 | As of June 30, 2026 | — |
| Total single-family properties wholly owned | 61,183 | Jun 30, 2026 | — |
| Total single-family properties wholly owned and managed | 65,144 | As of June 30, 2026 | — |
| Unencumbered Core NOI percentage non-GAAP | 100% | as of June 30, 2026 | — |
| YTD 2Q26 Deliveries (Total development pipeline) | 1,190 | YTD 2Q26 | — |
| YTD 2Q26 Dispositions (Average Net Proceeds per Property) | $288,542 | YTD 2Q26 | — |
| YTD 2Q26 Dispositions (Number of Properties) | 1,318 | YTD 2Q26 | — |
| Adjusted FFO attributable to common share and unit holders non-GAAP | $187.4M | the first quarter of 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Core FFO attributable to common share and unit holders $200.08M
-$12.07M Recurring Capital Expenditures
-$627K Leasing costs
= Adjusted FFO attributable to common share and unit holders $187.38M
|
|||
| Core FFO attributable to common share and unit holders non-GAAP | $200.1M | the first quarter of 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP FFO attributable to common share and unit holders $190.51M
+$4M Acquisition, disposition, other transaction costs and other
+$4.45M Noncash share-based compensation - general and administrative
+$1.12M Noncash share-based compensation - property management
+$0K Loss on early extinguishment of debt
= Core FFO attributable to common share and unit holders $200.08M
|
|||
| Average occupied portfolio | 57,573 | Full Year 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Residential — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
AMH
this stock
American Homes 4 Rent
|
$12.11B | +6.9% | +3.5% | 26.7 | 2.7% |
|
AVB
Avalonbay Communities Inc
|
$26.28B | +1.5% | +4.4% | 25.2 | 2.6% |
|
VMRK
Vivmark Residential
|
$24.01B | +2.1% | +4.8% | 27.7 | 2.8% |
|
ESS
Essex Property Trust, Inc.
|
$18.39B | +9.8% | +6.4% | 44.6 | 3.5% |
|
INVH
Invitation Homes Inc.
|
$17.54B | +8.7% | +4.2% | 27.2 | 2.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AMH | +1.5% | +3.5% | +13.1% | +2.7% | +7.0% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | +1.9% | +0.6% | +1.5% | -0.2% | -5.8% |
Capital returns
Latest dividend
$0.33
/ share · ex Jun 15, 2026
Paid (TTM)
$1.26
/ share · 4 payouts
Dividend yield (TTM, derived)
3.67%
Buyback programs
· 2 active
· as of Jun 30, 2026
Authorized (total)
$750.00M
Spent (derived)
$373.00M
Remaining
$377.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1562401
CUSIP
02665T306
13F (30d)
461 filings
430 filers
Visit website
Investor relations