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AMH

American Homes 4 Rent
$30.94
-0.71% Oct 21 close
Real EstateS&P 400 Compare
-15%-7%+1%+9%+17%Oct 2025Oct 2026Apr 2026
AMHSPY
1W
+1.0%
1M
-1.0%
3M
-5.8%
6M
+4.6%
YTD
-0.5%
1Y
-2.6%

Live chart

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What they do

American Homes 4 Rent 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 developing, renovating, leasing and managing homes as rental properties. American Homes 4 Rent was established on October 19, 2012 and incorporated in Maryland and is based in Las Vegas, United States.

Real Estate · REIT - Residential

For information only · Important disclosures

Grades vs sector

Momentum
40th percentile in sector
C
12-1 return: +0.3%
Percentile within its GICS sector across the S&P 1500.
Growth
26th percentile in sector
D+
Revenue growth (YoY): +2.8%
Percentile within its GICS sector across the S&P 1500.
Value
36th percentile in sector
C-
Forward E/P: 2.2% · EBITDA/EV: 5.7%
Percentile within its GICS sector across the S&P 1500.
Profitability
60th percentile in sector
B-
Profit margin: +25.5% · Return on equity: +7.1%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
RBC Capital Adjusts American Homes 4 Rent Price Target to $35 From $37, Maintains Outperform Rating
MT Newswires · Oct 13
UBS Adjusts American Homes 4 Rent Price Target to $32 From $35, Maintains Neutral Rating
MT Newswires · Oct 12
AMH Announces Dates of Third Quarter 2026 Earnings Release and Conference Call
PR Newswire · Oct 08
American Homes 4 Rent (AMH) Loses 8.7% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Zacks · Sep 28
Seattle tower across from Amazon sold for $12.5M after a $97M deal in 2019. Where smart real estate money is going now
Moneywise · Sep 27

Key stats

Market value$12.7B
P/E (last 12 months)24.6
P/E (next 12 months, estimated)46.1
52-week range$27.22 – $35.07
Revenue growth (latest quarter vs a year ago)+2.8%
Dividend yield4.24%
Analyst consensusBuy (22)
Average analyst price target$36.52 (+18%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
No cash-flow valuation
Model read-out from the numbers below, not advice. Score +0 (DCF counts double).
▼Forward P/E vs sector46.1x vs median 29.6x
▲Analyst target+18% (22 analysts)

Discounted cash flow

Trailing free cash flow is negative or missing, so a cash-flow DCF isn't meaningful by default. You can enter your own assumptions below.
Reverse DCFfor context, not a signal
Trailing free cash flow is zero or negative, so there's no growth rate to solve for. The price is betting on a turnaround to positive cash flow.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (FY to 2020-12-31). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.79 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Real Estate

P/E (trailing)
sector median 27.6× · 41st pct
24.6×
cheaper
Forward P/E
sector median 29.6× · 75th pct
46.1×
pricier
EV / EBITDA
sector median 17.2×
–
Price / sales
sector median 6.5× · 85th pct
10.7×
pricier
Price / book
sector median 1.8× · 57th pct
1.9×
pricier
FCF yield
sector median 6.9% · 0th pct
-9.0%
pricier

Forward EPS $0.67 vs trailing $1.26 (-47% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
–
Operating margin
–
FCF margin
-97.0%
Net margin
–
Return on equity
–
Return on invested capital
–
Net debt / EBITDA
–
Current ratio
–
Interest cover
–
Cash conversion (OCF/NI)
–

Analysts

Mean target
$37
+18%
Analysts
22
Buy
Range
$31–$42
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2020$1.2B–$474.1M
2019$1.1B––
2018$1.1B––
2017$960.4M––
2016$878.9M––

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +7.2%.

Earnings

Next report: 2026-11-04 · during market · EPS est 0.16
24-1025-0225-0525-0725-1026-0226-0526-070.000.36
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-07-300.150.32+111.9%
2026-05-060.150.36+139.2%
2026-02-190.220.34+55.8%
2025-10-290.200.28+39.7%
2025-07-310.170.29+73.5%
2025-05-010.160.31+95.3%
2025-02-200.140.36+147.1%
2024-10-290.140.22+64.0%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$470.1M+2.8%
2026-03-31$472.0M–
2025-12-31$455.0M–
2025-09-30$478.5M–
2025-06-30$457.5M–
Analyst actions
Wells Fargo
2026-10-19 · main
Overweight → Overweight
PT $34
Barclays
2026-10-14 · main
Equal-Weight → Equal-Weight
PT $35
RBC Capital
2026-10-13 · main
Outperform → Outperform
PT $35
UBS
2026-10-12 · main
Neutral → Neutral
PT $32
Evercore ISI Group
2026-09-21 · main
Outperform → Outperform
PT $37
Mizuho
2026-09-21 · up
Neutral → Outperform
PT $36

Recent dividends

2026-09-15: $0.330 · 2026-06-15: $0.330 · 2026-03-13: $0.330 · 2025-12-15: $0.300 · 2025-09-15: $0.300 · 2025-06-13: $0.300 · 2025-03-14: $0.300 · 2024-12-13: $0.260
Insider trades
Corrigan Jack E
Director · 2026-09-11
Buy
$86.0K
Corrigan Jack E
Director · 2026-09-11
Buy
$64.4K
Corrigan Jack E
Director · 2026-09-11
Buy
$21.5K
Corrigan Jack E
Director · 2026-09-10
Buy
$21.6K
Corrigan Jack E
Director · 2026-08-24
Buy
$2.2K
Corrigan Jack E
Director · 2026-08-24
Buy
$4.5K
Corrigan Jack E
Director · 2026-08-24
Buy
$4.5K
Corrigan Jack E
Director · 2026-08-24
Buy
$44.9K
Corrigan Jack E
Director · 2026-08-24
Buy
$40.4K
Corrigan Jack E
Director · 2026-08-24
Buy
$15.7K
Corrigan Jack E
Director · 2026-08-24
Buy
$22.4K
Benham Douglas N
Director · 2026-08-12
Buy
$11.3K

Stats refreshed 2026-10-21 18:28:56 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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coteau

Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026