American Homes 4 Rent

Company Profile

American Homes 4 Rent had its IPO on 2013-08-01 under the ticker symbol AMH.

The company operates in the Real Estate sector and REIT-Residential industry. American Homes 4 Rent has a staff strength of 1,794 employees.

Stock update

Shares of American Homes 4 Rent opened at $28.84 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $28.81 - $29.87, and closed at $29.84.

This is a +3.22% increase from the previous day's closing price.

A total volume of 2,763,389 shares were traded at the close of the day’s session.

In the last one week, shares of American Homes 4 Rent have slipped by -2.39%.

American Homes 4 Rent's Key Ratios

American Homes 4 Rent has a market cap of $13.14 billion, indicating a price to book ratio of 1.7674 and a price to sales ratio of 8.5623.

In the last 12-months American Homes 4 Rent’s revenue was $1.49 billion with a gross profit of $802.29 million and an EBITDA of $734.24 million. The EBITDA ratio measures American Homes 4 Rent's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, American Homes 4 Rent’s operating margin was 20.64% while its return on assets stood at 1.66% with a return of equity of 4.46%.

In Q4, American Homes 4 Rent’s quarterly earnings growth was a positive 72.8% while revenue growth was a positive 12.7%.

American Homes 4 Rent’s PE and PEG Ratio

Forward PE

28.49

Trailing PE

43.831

PEG

29.82

Its diluted EPS in the last 12-months stands at $0.71 per share while it has a forward price to earnings multiple of 28.49 and a PEG multiple of 29.82. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into American Homes 4 Rent’s profitability.

American Homes 4 Rent stock is trading at a EV to sales ratio of 10.8743 and a EV to EBITDA ratio of 19.5491. Its price to sales ratio in the trailing 12-months stood at 8.5623.

American Homes 4 Rent stock pays annual dividends of $0.72 per share, indicating a yield of 2.87% and a payout ratio of 107.04%.

Balance sheet and cash flow metrics

Total Assets

$11.32 billion

Total Liabilities

$3.11 billion

Operating Cash Flow

$-1425502000.00

Capital Expenditure

$40.02 million

Dividend Payout Ratio

107.04%

American Homes 4 Rent ended 2023 with $11.32 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $11.32 billion while shareholder equity stood at $6.50 billion.

American Homes 4 Rent ended 2023 with $0 in deferred long-term liabilities, $3.11 billion in other current liabilities, 3529000.00 in common stock, $-440791000.00 in retained earnings and $120.28 million in goodwill. Its cash balance stood at $69.16 million and cash and short-term investments were $176.50 million. The company’s total short-term debt was $2,625,156,000 while long-term debt stood at $4.39 billion.

American Homes 4 Rent’s total current assets stands at $224.25 million while long-term investments were $133.01 million and short-term investments were $107.35 million. Its net receivables were $47.75 million compared to accounts payable of $484.40 million and inventory worth $0.

In 2023, American Homes 4 Rent's operating cash flow was $-1425502000.00 while its capital expenditure stood at $40.02 million.

Comparatively, American Homes 4 Rent paid $1.07 in dividends in 2023.

Other key metrics

Current Trading Price

$29.84

52-Week High

$43.2022

52-Week Low

$29.1494

Analyst Target Price

$34.81

American Homes 4 Rent stock is currently trading at $29.84 per share. It touched a 52-week high of $43.2022 and a 52-week low of $43.2022. Analysts tracking the stock have a 12-month average target price of $34.81.

Its 50-day moving average was $32.01 and 200-day moving average was $33.02 The short ratio stood at 6.61 indicating a short percent outstanding of 0%.

Around 1252.5% of the company’s stock are held by insiders while 9428.9% are held by institutions.