American Homes 4 Rent Common Shares of Beneficial Interest (AMH)

FairStock Score: 56/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with what I understand: AMH owns and operates over 61,000 single-family rental homes in the Southeast, Midwest, Southwest, and Mountain West. Scale and internal management are advantages, but renting houses is capital-intensive and competitive, so the moat is modest. The right REIT yardsticks—FFO and AFFO—are not in the data, so I lean on dividend yield, leverage, revenue trend, and price-to-book. FairStock's calculations put the price at $30.63 on 2026-10-13 at 24.31 times earnings and 1.62 times book, with a 4.26% dividend yield and a 6.9% trailing free-cash-flow yield. Those are not distressed numbers, but neither are they a bargain. Filed figures show fiscal Q2 2026, the quarter ended 2026-06-30, net income of $132.9 million and diluted EPS of $0.31. For FY2025, net income was $513.4 million and diluted EPS $1.18, up from $468.1 million and $1.08 in FY2024 and $432.1 million and $1.01 in FY2023. That is respectable but not rapid. Debt-to-equity of 0.69 is manageable, yet the Altman Z-Score of 1.15 is low and ROCE of 2.19% is thin. The Piotroski F-Score of 7/9 is a positive sign. FairStock calls it a STALWART, citing 27.1% annual profit growth over five years, but its PEG ratio of 3.29 suggests the current price already reflects much of that. With a 0.80 beta, it is defensive. I would call this a fair business at a fair-to-full price, not a classic value opportunity.

In plain English: American Homes 4 Rent owns and rents out single-family houses across several U.S. regions. The business looks steady: it pays a solid dividend and generates positive cash flow, but profit growth is modest and debt is meaningful. At the recent price, the shares look closer to fair than cheap compared with what the company owns and earns.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer