AMH Stock Analysis: American Homes 4 Rent | NYSE
REIT - Residential | NYSE, USA | Market Cap: 12.299m USD | 12M Return: -3.4% | US02665T3068 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 102M
EPS Trend: 88.3%
Qual. Beats: 0
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
American Homes 4 Rent (AMH) is an internally managed Maryland real estate investment trust (REIT) that owns, operates, and develops single-family rental homes across the Southeast, Midwest, Southwest, and Mountain West regions of the United States. Founded in 2012 and headquartered in Las Vegas, the company manages the full lifecycle of its rental properties, including development, renovation, leasing, and ongoing property management.
AMH operates within the single-family residential REIT sub-industry, an asset class that expanded significantly following the 2008 housing crisis as institutional investors recognized the fragmented nature of the U.S. single-family rental market. As a REIT, the company is subject to standard REIT requirements, including the obligation to distribute the majority of its taxable income to shareholders in exchange for favorable tax treatment.
- Sun Belt population migration sustains high occupancy and rental rate growth
- Same-store revenue accelerates on lease pricing power and select acquisitions
- Interest expense pressures margins amid elevated borrowing costs
| Net Income: 478.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 1.94 > 1.0 |
| NWC/Revenue: 16.61% < 20% (prev 1.98%; Δ 14.63% < -1%) |
| CFO/TA 0.07 > 3% & CFO 864.8m > Net Income 478.5m |
| Net Debt (5.08b) to EBITDA (1.20b): 4.25 < 3 |
| Current Ratio: 1.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (362.6m) vs 12m ago -2.27% < -2% |
| Gross Margin: 30.60% > 18% (prev 56.00%; Δ -25.41% > 0.5%) |
| Asset Turnover: 14.08% > 50% (prev 13.23%; Δ 0.85% > 0%) |
| Interest Coverage Ratio: 3.37 > 6 (EBIT TTM 688.9m / Interest Expense TTM 204.2m) |
| A: 0.02 (Total Current Assets 824.1m - Total Current Liabilities 512.0m) / Total Assets 13.1b |
| B: -0.03 (Retained Earnings -385.9m / Total Assets 13.1b) |
| C: 0.05 (EBIT TTM 688.9m / Avg Total Assets 13.3b) |
| D: 1.20 (Book Value of Equity 6.81b / Total Liabilities 5.66b) |
| Altman-Z'' = 1.67 = BB |
| DSRI: 0.85 (Receivables 45.4m/50.8m, Revenue 1.88b/1.80b) |
| GMI: 1.83 (GM 56.00% / 30.60%) |
| AQI: 0.05 (AQ_t 0.04 / AQ_t-1 0.96) |
| SGI: 1.05 (Revenue 1.88b / 1.80b) |
| TATA: -0.03 (NI 478.5m - CFO 864.8m) / TA 13.1b) |
| Beneish M = -2.93 (Cap -4..+1) = A |
As of October 15, 2026, the stock is trading at USD 30.64 with a total of 1,927,617 shares traded. Over the past week, the price has changed by +2.13%, over one month by -2.11%, over three months by -8.56% and over the past year by -3.37%.
Current recommended Stop Loss: 29.60 (which is 3.4% or 2 ATR below the current price).
American Homes 4 Rent has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy AMH.
- StrongBuy: 9
- Buy: 6
- Hold: 9
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 37.1 | 21.1% |
P/E Trailing = 23.8095
P/E Forward = 200.0
P/S = 6.5572
P/B = 1.6348
P/EG = 29.82
Revenue TTM = 1.88b USD
EBIT TTM = 688.9m USD
EBITDA TTM = 1.20b USD
Long Term Debt = 4.74b USD (from longTermDebt, last quarter)
Short Term Debt = 19.1m USD (from shortTermDebt, last quarter)
Debt = 5.17b USD (from shortLongTermDebtTotal, last quarter) + Leases 19.1m
Net Debt = 5.08b USD (calculated: Debt 5.17b - CCE 83.7m)
Enterprise Value = 17.4b USD (12.3b + Debt 5.17b - CCE 83.7m)
Interest Coverage Ratio = 3.37 (Ebit TTM 688.9m / Interest Expense TTM 204.2m)
EV/FCF = 18.76x (Enterprise Value 17.4b / FCF TTM 926.4m)
FCF Yield = 5.33% (FCF TTM 926.4m / Enterprise Value 17.4b)
FCF Margin = 49.28% (FCF TTM 926.4m / Revenue TTM 1.88b)
Net Margin = 25.46% (Net Income TTM 478.5m / Revenue TTM 1.88b)
Gross Margin = 30.60% ((Revenue TTM 1.88b - Cost of Revenue TTM 1.30b) / Revenue TTM)
Gross Margin QoQ = 58.35% (prev 3.49%)
Tobins Q-Ratio = 1.33 (Enterprise Value 17.4b / Total Assets 13.1b)
Interest Expense / Debt = 3.95% (Interest Expense 204.2m / Debt 5.17b)
Taxrate = 2.35% (3.19m / 136.1m)
NOPAT = 672.7m (EBIT 688.9m * (1 - 2.35%))
Current Ratio = 1.61 (Total Current Assets 824.1m / Total Current Liabilities 512.0m)
Debt / Equity = 0.76 (Debt 5.17b / totalStockholderEquity, last quarter 6.81b)
Debt / EBITDA = 4.25 (Net Debt 5.08b / EBITDA 1.20b)
Debt / FCF = 5.49 (Net Debt 5.08b / FCF TTM 926.4m)
Total Stockholder Equity = 6.98b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.58% (Net Income 478.5m / Total Assets 13.1b)
RoE = 6.85% (Net Income TTM 478.5m / Total Stockholder Equity 6.98b)
RoCE = 5.88% (EBIT 688.9m / Capital Employed (Equity 6.98b + L.T.Debt 4.74b))
RoIC = 5.37% (NOPAT 672.7m / Invested Capital 12.5b)
WACC = 5.61% (E(12.3b)/V(17.5b) * Re(6.34%) + D(5.17b)/V(17.5b) * Rd(3.95%) * (1-Tc(0.02)))
Discount Rate = 6.34% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -26.28 | Cagr: -0.53%
[DCF] Terminal Value 77.97% ; FCFF base≈834.9m ; Y1≈957.1m ; Y5≈1.41b
[DCF] Fair Price = 44.86 (EV 21.2b - Net Debt 5.08b = Equity 16.1b / Shares 359.2m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.32 | EPS CAGR: 12.71% | SUE: 0.38 | # QB: 0
Revenue Correlation: 99.52 | Revenue CAGR: 6.51% | SUE: 0.79 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.16 | Chg30d=+1.49% | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=0.82 | Chg30d=+15.40% | Revisions=+17% | GrowthEPS=-32.4% | GrowthRev=+3.0%
EPS next Year (2027-12-31): EPS=0.68 | Chg30d=+2.56% | Revisions=-17% | GrowthEPS=-17.9% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: +0% (up=4, down=4)