American Homes 4 Rent
About: American Homes 4 Rent is a real estate investment trust primarily focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's largest geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.
Employees: 1,725
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 9 (+6) [Q2]
28% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 43
13% more call options, than puts
Call options by funds: $776K | Put options by funds: $687K
7% more capital invested
Capital invested by funds: $11.3B [Q1] → $12.1B (+$785M) [Q2]
5.01% more ownership
Funds ownership: 84.21% [Q1] → 89.22% (+5.01%) [Q2]
3% more funds holding
Funds holding: 415 [Q1] → 427 (+12) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 152
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Mizuho Haendel St. Juste 85% 1-year accuracy 11 / 13 met price target | 7%upside $40 | Outperform Maintained | 10 Oct 2024 |
Evercore ISI Group Steve Sakwa 48% 1-year accuracy 22 / 46 met price target | 12%upside $42 | In-Line Maintained | 16 Sept 2024 |
JP Morgan Anthony Paolone 67% 1-year accuracy 10 / 15 met price target | 15%upside $43 | Neutral Maintained | 16 Sept 2024 |
Goldman Sachs Julien Blouin 0% 1-year accuracy 0 / 1 met price target | 28%upside $48 | Buy Initiated | 4 Sept 2024 |
Evercore ISI Group Steve Sakwa 48% 1-year accuracy 22 / 46 met price target | 9%upside $41 | In-Line Maintained | 28 Aug 2024 |
Financial journalist opinion
Based on 10 articles about AMH published over the past 30 days