American Homes 4 Rent (AMH) Stock Price & Analysis

American Homes 4 Rent (AMH) closed at USD 31.9 on Thursday, October 22, 2026, up 3.10% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 30.94; the Oct 22, 2026 session ranged USD 31.05–32.01 on volume of 2,827,945 shares. Market capitalization is $13.08B, with a 52-week range of USD 27.22–35.07 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:48 UTC.

Also available as compact Markdown for AI agents: nexqual.com/AMH.md

Key facts (AMH)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (AMH)

USDFY2021FY2022FY2023FY2024FY2025TTM
Net income$211M$310M$432M$468M$513M$543M
EPS (diluted)$0.41$0.71$1.01$1.08$1.18—
Free cash flow$548M$567M$699M$777M$824M$821M
Cash + short-term investments$48.2M$69.2M$59.4M$199M$109M—
Total debt$3.88B$4.52B$4.46B$5.01B$5.10B—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (AMH)

P/E 24.1x · P/FCF 15.9x · P/B 1.9x · FCF yield 6.27% · Earnings yield 4.15% · Dividend yield (paid, TTM) 3.54% · Net debt $5.05B · EV $18.1B

P/E at fiscal year-ends: Dec 2025 23.2x, Dec 2024 29.4x, Dec 2023 30.2x.

Superinvestors (SEC 13F-HR, Q2 2026) (AMH)

2 of 80 tracked investors hold AMH. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Third Avenue Management1.40%$8.8MReduced -0.2%
Christopher DavisDavis Advisors0.05%$10.9MAdded +17.5%

Insider purchases (SEC Form 4, open-market, last ~7 months) (AMH)

6 purchases, $652K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Trade dateInsiderRoleSharesValueAvg priceInsider type
2026-09-10…2026-09-11Corrigan Jack EDirector9,000$194K21.51Opportunistic (traded every year 2023–2025, no repeating month)
2026-08-24Corrigan Jack EDirector6,000$135K22.42Opportunistic (traded every year 2023–2025, no repeating month)
2026-08-11…2026-08-12Benham Douglas NDirector4,000$93K23.14Routine (sold in May each year 2023–2025; this trade is outside those months)
2026-08-10Corrigan Jack EDirector5,000$114K22.8Opportunistic (traded every year 2023–2025, no repeating month)
2026-05-15…2026-05-18Corrigan Jack EDirector3,400$80K23.48Opportunistic (traded every year 2023–2025, no repeating month)
2026-05-12…2026-05-13Corrigan Jack EDirector1,600$37K23.25Opportunistic (traded every year 2023–2025, no repeating month)

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (AMH)

Consensus Buy (mean 2.13 on a 1–5 scale), 24 analysts; mean target USD 36.52 (low 31, high 42).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-19Wells FargoTarget loweredOverweight$38 → $34
2026-10-14BarclaysTarget loweredEqual-Weight$36 → $35
2026-10-13RBC CapitalTarget loweredOutperform$37 → $35
2026-10-12UBSTarget loweredNeutral$35 → $32
2026-09-21Evercore ISI GroupTarget loweredOutperform$38 → $37
2026-09-21MizuhoUpgradeNeutral → Outperform$35 → $36
2026-09-17ScotiabankTarget loweredSector Perform$33 → $31
2026-08-19JP MorganTarget raisedNeutral$35 → $38
2026-08-12Morgan StanleyTarget loweredOverweight$38.5 → $38
2026-08-10Wells FargoTarget raisedOverweight$36 → $38
2026-08-05Keefe, Bruyette & WoodsTarget raisedOutperform$36 → $38
2026-08-03RBC CapitalTarget raisedOutperform$36 → $37

Total return (dividends reinvested) (AMH)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-0.1%-8.8%
S&P 500 (SPY)+14.9%+80.3%
Per year-0.1%-1.8%
Volatility (annualized)20.2%21.5%
Max drawdown-16.3% (Oct 2025→Mar 2026)-31.4% (Dec 2021→Mar 2023)

AMH analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.16$0.15+1.4%$489.1M4
Next quarter (ends Dec 2026)$0.17$0.17-1.2%$473.3M4
Current fiscal year (ends Dec 2026)$0.78$0.71+9.8%$1.90B2
Next fiscal year (ends Dec 2027)$0.67$0.66+1.7%$1.97B3

AMH options: expected move

Options price a move of about ±10.5% (±$3.35) by Dec 18, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±2.3% on average.

ExpirationDaysATM implied volatilityExpected move
Dec 18, 20265629.2%±10.5%
Mar 19, 202714729.5%±14.5%
Jun 17, 202723725.4%±16.5%

30-day implied volatility 20.3% vs 16% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 09:48 UTC)

PriceUSD 31.9
Change▲ 3.10% (up)
Previous CloseUSD 30.94
OpenUSD 31.04
Day RangeUSD 31.05 – 32.01
52-Week RangeUSD 27.22 – 35.07
Volume2,827,945 shares
Market Cap$13.08B
ExchangeNYQ

Technical Analysis (AMH)

Nexqual's technical model rates AMH "NEUTRAL" based on 3 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 09:48 UTC.

Overall SignalNEUTRAL
RSI (14)59.12 (neutral)
vs SMA50Below (USD 31.94)
MACD-0.11 (negative)

Analyst Ratings (AMH)

Wall Street analysts rate AMH "Buy" based on 24 analysts, with a mean price target of USD 36.52 (range USD 31–42), per Nexqual as of October 23, 2026 at 09:48 UTC.

Consensus RatingBuy
Analyst Count24
Mean TargetUSD 36.52
High TargetUSD 42
Low TargetUSD 31
Buy / Hold / Sell15 / 9 / 0

Earnings (AMH)

Next Earnings Date2026-11-04
EPS EstimateUSD 0.16
Revenue Estimate$489.10M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.32 vs est 0.15 ▲ beat
2026-03-31USD 0.36 vs est 0.15 ▲ beat
2025-12-31USD 0.34 vs est 0.22 ▲ beat
2025-09-30USD 0.28 vs est 0.2 ▲ beat

Source: Nexqual, October 23, 2026 at 09:48 UTC.

Financials & Fundamentals (AMH)

Total Revenue$1.88B
Revenue Growth (latest quarter, YoY)+2.80%
Gross Margin+56.65%
Operating Margin+25.92%
Profit Margin+25.53%
ROE+7.08%
Debt / Equity0.69
Current Ratio1.67
Total Cash$83.67M
Total Debt$5.15B

Source: Nexqual, October 23, 2026 at 09:48 UTC.

Financial Health Score (AMH)

Nexqual rates American Homes 4 Rent's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:48 UTC.

GrowthSolid — Revenue +7% YoY (annual)
ProfitabilityStrong — Gross margin 57%, operating 26% (last 12 months)
Balance SheetSolid — $84M cash and investments vs $5.13B debt (Jun 2026, SEC)
Cash FlowSolid — Operating cash flow $864M (FY ended Dec 2025, 10-K)
EfficiencyMixed — ROE 7%, ROA 2.2%

Ownership (AMH)

Insider Ownership+7.89%
Institutional Ownership+93.26%
Shares Outstanding359.18M
Float307.85M
Short % of Float+5.57%

Source: Nexqual, October 23, 2026 at 09:48 UTC.

Leadership (AMH)

American Homes 4 Rent is led by Bryan Smith, CEO & Trustee, per Nexqual as of October 23, 2026 at 09:48 UTC.

CEO & TrusteeBryan Smith
CFO & Senior EVPChristopher C. Lau
Executive VP & Chief Operating OfficerLincoln Palmer
Executive Vice President & Chief Accounting OfficerBrian F. Reitz
Executive VP & Chief Technology OfficerPhilip Irby

Major Backers & Investors (AMH)

Notable institutional backers of American Homes 4 Rent include NORGES BANK, Principal Financial Group, Inc., FMR, LLC, according to Nexqual as of October 23, 2026 at 09:48 UTC.

Active Investors

InvestorStake
NORGES BANK6.15%
Principal Financial Group, Inc.5.76%
FMR, LLC2.68%
AQR Capital Management, LLC2.16%
Principal Funds, Inc-Real Estate Securities Fund1.91%
Arrowstreet Capital, Limited Partnership1.7%

Index Funds (Passive)

FundStake
BlackRock12.72%
Vanguard Group11.87%
State Street4.35%
Geode Capital2.09%

Source: Nexqual, October 23, 2026 at 09:48 UTC.

From American Homes 4 Rent's Latest SEC 10-K Filing (filed 2026-02-20)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
UDRUDR, Inc.USD 36.18▲ 3.25%
ELSEquity Lifestyle Properties, InUSD 61.17▲ 3.4%
CPTCamden Property TrustUSD 102.74▲ 2.55%
MAAMid-America Apartment CommunitiUSD 121.17▲ 2.97%
SUISun Communities, Inc.USD 119.86▲ 2.92%
INVHInvitation Homes Inc.USD 27.53▲ 2.69%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:48 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt