AMH · American Homes 4 Rent
Price & Indicators
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AI Brief
TL;DR.
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 adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from its earnings releases, calls, and filings| Metric | Latest | Period | YoY |
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| Adjusted FFO per FFO share and unit non-GAAP | $0.45 | the second quarter of 2026 | — |
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| Blended rate growth | 2.7% | the second quarter of 2026 | — |
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| Class A common shares repurchased and retired | 4.1M | the second quarter of 2026 | — |
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| Core FFO attributable to common share and unit holders non-GAAP | $202.8M | the second quarter of 2026 | — |
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GAAP → non-GAAP reconciliationGAAP FFO attributable to common share and unit holders $194,038K
+$3,364K Acquisition, disposition, other transaction costs and other
+$4,323K Noncash share-based compensation - general and administrative
+$1,067K Noncash share-based compensation - property management
+$0K Loss on early extinguishment of debt
= Core FFO attributable to common share and unit holders $202,792K
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| Core FFO per FFO share and unit non-GAAP | $0.49 | the second quarter of 2026 | — |
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| Core NOI from Same-Home properties non-GAAP | $245.8M | the second quarter of 2026 | — |
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| Core NOI from total portfolio non-GAAP | $275.4M | the second quarter of 2026 | — |
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| Lease spreads on new leases | 1.4% | the second quarter of 2026 | — |
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| Lease spreads on renewals | 3.2% | the second quarter of 2026 | — |
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| Newly constructed homes delivered from AMH Development Program | 651 | the second quarter of 2026 | — |
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| Retained Cash Flow non-GAAP | $50.1M | the second quarter of 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Adjusted FFO attributable to common share and unit holders $185,976K
-$135,855K Common distributions
= Retained Cash Flow $50,121K
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| Adjusted FFO attributable to common share and unit holders non-GAAP | $187.4M | the first quarter of 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Core FFO attributable to common share and unit holders $200,076K
-$12,065K Recurring Capital Expenditures
-$627K Leasing costs
= Adjusted FFO attributable to common share and unit holders $187,384K
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| Properties held for sale | 1,037 | as of March 31, 2026 | — |
| Properties held in unconsolidated joint ventures | 3,858 | as of March 31, 2026 | — |
| Same-Home Average Occupied Days Percentage | 95.1% | the first quarter of 2026 | — |
| Total single-family properties | 60,200 | as of March 31, 2026 | — |
| Average occupied portfolio | 57,573 | Full Year 2025 | — |
| Homes delivered from AMH Development Program | 490 | Q4 2025 | — |
Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file
Versus peers
REIT - Residential — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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AMH
this stock
American Homes 4 Rent
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$12.44B | +10.1% | +3.5% | 27.4 | 3.0% |
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AVB
Avalonbay Communities Inc
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$27.08B | +6.7% | +4.4% | 26.0 | 2.2% |
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EQR
Equity Residential
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$25.40B | +11.1% | +4.8% | 29.3 | 2.7% |
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ESS
Essex Property Trust, Inc.
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$18.51B | +13.0% | +3.9% | 44.9 | 3.2% |
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INVH
Invitation Homes Inc.
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$18.01B | +12.2% | +4.2% | 28.0 | 2.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AMH | +2.6% | +3.9% | +11.3% | +3.5% | +10.1% |
| SPY | +5.5% | +3.3% | +11.3% | +3.1% | +12.9% |
| vs SPY | -3.0% | +0.6% | +0.1% | +0.4% | -2.8% |
Capital returns
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.