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American Homes 4 Rent (AMH)



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Upturn Advisory Summary
10/14/2025: AMH (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $40
1 Year Target Price $40
6 | Strong Buy |
7 | Buy |
10 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -14.2% | Avg. Invested days 43 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Large-Cap Stock | Market Capitalization 13.90B USD | Price to earnings Ratio 29.66 | 1Y Target Price 40 |
Price to earnings Ratio 29.66 | 1Y Target Price 40 | ||
Volume (30-day avg) 23 | Beta 0.76 | 52 Weeks Range 31.14 - 38.82 | Updated Date 10/14/2025 |
52 Weeks Range 31.14 - 38.82 | Updated Date 10/14/2025 | ||
Dividends yield (FY) 3.44% | Basic EPS (TTM) 1.11 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 23.72% | Operating Margin (TTM) 24.79% |
Management Effectiveness
Return on Assets (TTM) 2% | Return on Equity (TTM) 6.22% |
Valuation
Trailing PE 29.66 | Forward PE 35.71 | Enterprise Value 16972874662 | Price to Sales(TTM) 7.73 |
Enterprise Value 16972874662 | Price to Sales(TTM) 7.73 | ||
Enterprise Value to Revenue 9.44 | Enterprise Value to EBITDA 14.64 | Shares Outstanding 370275288 | Shares Floating 319205458 |
Shares Outstanding 370275288 | Shares Floating 319205458 | ||
Percent Insiders 7.75 | Percent Institutions 91.27 |
Upturn AI SWOT
American Homes 4 Rent
Company Overview
History and Background
American Homes 4 Rent was founded in 2012 by B. Wayne Hughes. It quickly grew by acquiring and renovating single-family homes to lease. The company became a public REIT in 2013 and continued to expand its portfolio through acquisitions and new construction.
Core Business Areas
- Single-Family Rentals: Acquiring, renovating, leasing, and managing single-family homes. Core business that generates almost all the revenue.
Leadership and Structure
David P. Singelyn is the CEO. The company operates as a Real Estate Investment Trust (REIT) with a board of directors overseeing the management team.
Top Products and Market Share
Key Offerings
- Single-Family Home Rentals: The company's primary offering is leasing single-family homes. AH4R owns over 59,000 homes as of December 31, 2023. Competitors include Invitation Homes (INVH) and Tricon Residential (TCN).
Market Dynamics
Industry Overview
The single-family rental (SFR) market is growing due to increasing home prices, changing demographics (preference for renting), and limited housing supply. Institutional investors are increasingly involved.
Positioning
American Homes 4 Rent is one of the largest players in the SFR market, with a focus on owning and managing a high-quality portfolio of homes. They differentiate through technology-driven property management and resident services.
Total Addressable Market (TAM)
The TAM for single-family rentals is estimated to be hundreds of billions of dollars, with millions of rental households. American Homes 4 Rent is positioned to capture a significant portion through expansion and operational efficiencies.
Upturn SWOT Analysis
Strengths
- Large portfolio of single-family homes
- Strong brand recognition
- Efficient property management platform
- Geographic diversification
- Vertically integrated platform
Weaknesses
- High operating expenses
- Exposure to interest rate fluctuations
- Tenant turnover
- Capital intensive business model
Opportunities
- Acquiring more properties
- Increasing rental rates
- Expanding into new markets
- Developing new homes
- Further streamlining operations with technology
Threats
- Economic downturn
- Rising interest rates
- Increased competition
- Changes in housing regulations
- Property damage from natural disasters
Competitors and Market Share
Key Competitors
- INVH
- TCN
- NXRT
Competitive Landscape
American Homes 4 Rent competes with other large SFR operators on property location, quality, and resident services. Their scale and technology platform provide a competitive advantage.
Growth Trajectory and Initiatives
Historical Growth: American Homes 4 Rent has grown rapidly through acquisitions and development. Growth rates have varied depending on market conditions and investment strategies.
Future Projections: Future growth projections depend on analyst estimates, which are subject to change. General expectations include continued portfolio expansion and revenue growth.
Recent Initiatives: Recent initiatives include expanding their development program, investing in technology to improve property management, and focusing on resident satisfaction.
Summary
American Homes 4 Rent is a major player in the single-family rental market with a large and geographically diverse portfolio. Its strengths lie in its scale and efficient management platform. However, it faces challenges from high operating costs and economic volatility. Future success depends on strategic expansion and continued operational improvements.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company reports
- Analyst estimates
- Industry publications
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About American Homes 4 Rent
Exchange NYSE | Headquaters Las Vegas, NV, United States | ||
IPO Launch date 2013-08-01 | CEO & Trustee Mr. Bryan Smith | ||
Sector Real Estate | Industry REIT - Residential | Full time employees 1730 | Website https://www.amh.com |
Full time employees 1730 | Website https://www.amh.com |
AMH (NYSE: AMH) is a leading large-scale integrated owner, operator, and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. In recent years, we've been named a 2025 Great Place to Work, a 2025 Top U.S. Homebuilder by Builder100, and one of the 2025 Most Trustworthy Companies in America by Newsweek and Statista Inc. As of June 30, 2025, we owned over 61,000 single-family properties in the Southeast, Midwest, Southwest and Mountain West regions of the United States.

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