American Homes 4 Rent Shows Resilience Amidst Market Volatility
Live Analysis American Homes 4 Rent (AMH) is currently priced at 33.37, with a 0.27% increase from the previous close. Trading volume is at 1.50 million, 64.52% above the average. The asset has shown a streak of four consecutive days of decline, with a 3.61% decrease from the start at $34.62.
Earnings Overview In the latest quarterly earnings report, AMH recorded an earnings per share of 0.47, surpassing the consensus estimate of 0.46. The company's total revenue stood at $457.50 million, showing an 8.03% year-over-year increase. Despite this positive performance, the stock price exhibited a 5.33% decrease post-earnings release.
Dividends AMH offers a forward dividend yield of 3.6%, with a dividend per share of 30 cents MRQ. The dividend per share YoY has seen an 18.1818 cents increase, with a trailing twelve months dividend per share of $1.42.
Grades Recently, Evercore ISI reaffirmed AMH's "Outperform" grade, maintaining a hold position on the asset. The stock was priced at $34.13 when the new grade was published.
Ratios Key financial ratios for AMH include a gross profit margin of 57.49%, an operating profit margin of 25.37%, and a net profit margin of 23.83%. The asset also demonstrates a return on equity of 1.52 and a debt equity ratio of 72.22.
Balance Sheet AMH's total assets amount to 13.59 billion, with total liabilities at 5.75 billion. The company holds 323.26 million in cash and cash equivalents, with long-term investments totaling 147.84 million.
In conclusion, American Homes 4 Rent continues to navigate market challenges, exhibiting strong financial performance and strategic positioning in the real estate sector. Investors should monitor the asset's resilience in the face of market fluctuations.