American Homes 4 Rent Out of Reach for Many Renters
December 18, 2023
🌥️Trending News
Renters who are looking for a new home may find that American Homes 4 ($NYSE:AMH) Rent is out of reach financially. This company, which is one of the largest single-family rental home providers in the U.S., offers a variety of homes at a range of prices, however many renters may find the cost too expensive. Despite the wide selection of homes, the high cost of rent may make them inaccessible to many potential renters.
Market Price
According to recent data from Wall Street, American Homes 4 Rent (AMH) has seen its stock take a hit on Thursday. The stock opened at $35.0 and closed at $34.6, a decrease of 1.0% compared to its prior closing price of $35.0. The company has seen increasing demand for single-family rentals, but rising rental costs have made it difficult for many to afford. This decrease in the stock price suggests that the company’s ability to meet this demand may be waning, leaving renters with fewer options and more expensive rents.
As the housing market continues to be volatile and rental prices remain high, American Homes 4 Rent may continue to see its stock dip. This could mean that the company may not be able to provide accessible rental options for those who need them most. This, in turn, could make renting more difficult and expensive for many potential renters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AMH. More…
| Total Revenues | Net Income | Net Margin |
| 1.6k | 376.96 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AMH. More…
| Operations | Investing | Financing |
| 702.2 | -1.43k | 786.18 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AMH. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.56k | 5.01k | 18.96 |
Key Ratios Snapshot
Some of the financial key ratios for AMH are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 22.4% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
Our Star Chart showed that AMERICAN HOMES 4 RENT has an intermediate health score of 5/10 with regard to its cashflows and debt, indicating that it might be able to safely ride out any crisis without the risk of bankruptcy. Furthermore, after evaluating the company’s performance, we have classified AMERICAN HOMES 4 RENT as a ‘cow’, a type of company that has a track record of paying out consistent and sustainable dividends. Given these factors, we believe investors who are looking for a reliable source of income or those who prioritize long-term stability may find AMERICAN HOMES 4 RENT to be an attractive investment opportunity. In particular, AMERICAN HOMES 4 RENT is strong in asset, dividend, and profitability, and medium in growth. More…
Peers
The competition among American Homes 4 Rent and its competitors, Invitation Homes Inc, Sun Communities Inc, and Mid-America Apartment Communities Inc, is fierce. All four companies are vying for a share of the market for rental homes in the United States. American Homes 4 Rent has a slight advantage over its competitors in terms of size, but all four companies are well-positioned to compete for the business of American renters.
– Invitation Homes Inc ($NYSE:INVH)
Invitation Homes Inc is a real estate investment trust that focuses on the single-family home rental market. As of December 31, 2020, the Company owned 86,247 homes in 17 metropolitan areas across the United States.
– Sun Communities Inc ($NYSE:SUI)
Sun Communities Inc is a real estate investment trust that owns, operates, and develops manufactured home communities in the United States. As of December 31, 2020, the company owned, operated, or had an interest in a portfolio of 384 manufactured home communities containing approximately 111,900 developed sites. Sun Communities Inc is headquartered in Southfield, Michigan.
– Mid-America Apartment Communities Inc ($NYSE:MAA)
As of 2022, Mid-America Apartment Communities Inc has a market cap of 17.04B. The company is a real estate investment trust that owns, operates, and develops apartment communities in the United States.
Summary
American Homes 4 Rent is a real estate investment trust (REIT) that provides single-family rental homes to tenants across the United States. Financial analysis of American Homes 4 Rent reveals a strong balance sheet and steady revenue growth. The company also has a strong liquidity position, with cash and short-term investments in excess of total liabilities. Overall, American Homes 4 Rent appears to be a solid investment for investors looking for steady returns and a conservative approach to risk management.
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