American Homes 4 Rent (AMH · NYSE)
AMH · MARKET VIEW
Market view · as of Sep 28, 2026
Price (last ~year)
American Homes 4 Rent shares have slid 7.4% over the past month to $30.64, leaving the stock with an RSI of 25 and trading 3.3% below its 20-day average on 1.7x normal volume. A Schedule 13D amendment shows the Estate of B. Wayne Hughes distributed its entire 21.47M-share Class A position, though Ohio's pension fund and Adelante Capital added new positions of roughly $16.7M and $28.4M respectively in Q2. Fundamentals remain steady: the company beat estimates in all four of its last quarters, including Q2 2026 EPS of $0.49 versus $0.47 expected, with net income rising to $132.9M from $123.6M a year earlier on higher rental rates. Leverage stands at 5.3x debt/EBITDA on $5.15B of total debt, with quarterly operating cash flow of $292.6M against $23.2M in capex.
Valuation
- Market cap
- $12.56B
- P/E
- 24.32
- PEG
- 29.82
- P/B
- 1.635
- P/S
- 6.7
- EV/EBITDA
- 13.04
- Beta
- 0.801
- Analyst target
- $37.11
Quality & returns
- Gross margin
- 56.6%
- Operating margin
- 25.9%
- Profit margin
- 25.5%
- ROE
- 7.1%
- ROA
- 2.2%
Price movement
- Last
- $30.64
- 1-month
- -7.4%
- 3-month
- -8.2%
- RSI (14)
- 25
- vs SMA200
- -1.3%
- 52-wk position
- 50.0% -11.1% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $470.1M | $125.1M | $117.1M | $251.9M |
| 2026-03-31 | $472.0M | $118.3M | $131.3M | $337.4M |
| 2025-12-31 | $459.3M | $115.9M | $127.3M | $315.3M |
| 2025-09-30 | $478.5M | $116.3M | $102.9M | $291.7M |
Recent news
- Neutral Bluerock Homes Trust declares $0.125 quarterly dividend for Q3 2026 payable October 5 · 2026-09-16
- Neutral Estate exits as 21.47M AMH shares are reported by one holder (NYSE: AMH) · 2026-09-16
- Somewhat-Bullish New affordable two-story homes launched in Anderson, SC, with online buying option from mid $200s · 2026-09-16
- Bullish Public Employees Retirement System of Ohio Makes New Investment in American Homes 4 Rent $AMH · 2026-08-30
- Bullish Adelante Capital Management LLC Invests $28.36 Million in American Homes 4 Rent $AMH · 2026-08-27
- Somewhat-Bearish American Homes 4 Rent (NYSE: AMH) grows Q2 2026 net income amid new housing law risk · 2026-08-03
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)