American Homes 4 Rent (AMH) to Issue Quarterly Dividend of $0.33 on September 30th

American Homes 4 Rent (NYSE:AMH) declared a quarterly dividend on Thursday, August 20th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.33 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, September 15th.

American Homes 4 Rent has raised its dividend payment by an average of 0.4%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. American Homes 4 Rent has a payout ratio of 169.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect American Homes 4 Rent to earn $1.99 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 66.3%.

American Homes 4 Rent Price Performance

AMH opened at $31.51 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.69. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $35.07. The company has a 50 day moving average of $33.62 and a two-hundred day moving average of $31.82. The company has a market cap of $11.36 billion, a P/E ratio of 25.01, a P/E/G ratio of 5.62 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The business had revenue of $470.10 million for the quarter, compared to the consensus estimate of $466.51 million. During the same quarter last year, the firm posted $0.47 EPS. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, analysts expect that American Homes 4 Rent will post 1.91 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Jack Corrigan bought 6,000 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was bought at an average price of $22.42 per share, with a total value of $134,520.00. Following the transaction, the director owned 22,000 shares of the company’s stock, valued at approximately $493,240. This trade represents a 37.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 5.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB lifted its stake in American Homes 4 Rent by 10,728.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 751 shares during the last quarter. IFP Advisors Inc raised its holdings in shares of American Homes 4 Rent by 122.2% during the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 441 shares during the period. Parallel Advisors LLC raised its holdings in shares of American Homes 4 Rent by 84.8% during the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 442 shares during the period. Bessemer Group Inc. lifted its position in shares of American Homes 4 Rent by 70.3% in the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 483 shares during the last quarter. Finally, Prosperity Bancshares Inc bought a new position in shares of American Homes 4 Rent in the 4th quarter worth about $35,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

About American Homes 4 Rent

American Homes 4 Rent (NYSE:AMH) is a real estate investment trust focused on owning, developing and operating single-family rental homes. The company leases homes to residents and manages the properties through a combination of in-house operations and technology-enabled services.

AMH’s activities include acquiring and developing homes, renovating properties, providing leasing and resident services, and maintaining its rental portfolio. Its homes are generally located in planned communities and other suburban markets designed to appeal to households seeking single-family living without homeownership.

Founded in 2012, American Homes 4 Rent serves communities across several U.S.