Although the revenue and EPS for American Homes 4 Rent (AMH) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
American Homes 4 Rent (AMH) came out with quarterly funds from operations (FFO) of $0.45 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.43 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for American Homes 4 Rent (AMH), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Global warming isn't just a "woke" issue; it has real financial implications for energy investments. DOGE has lofty and worthy goals, but the reality is that Congress controls the purse strings. Delayed Onset Tariff Syndrome (DOTS) will impact global trade and investment strategies. Exactly how remains in question.
Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the US REIT industry that have raised dividends during the first three quarters of 2024. Shopping center landlord SITE Centers Corp. was the most recent addition to the list of REITs that suspended dividends this year.
The federal government absorbed most of the economic pain of the pandemic, and that shows up in federal debt to GDP. Big Tech companies paradoxically benefit from a higher Fed Funds Rate, because their cash holdings are immense, and they can earn relatively high yields on that cash. Real estate stopped its short-lived outperformance once interest rates began to rise again in mid-September.
American Homes 4 Rent (NYSE:AMH ) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Nicholas Fromm - Director, Investor Relations David Singelyn - Chief Executive Officer Bryan Smith - Chief Operating Officer Chris Lau - Chief Financial Officer Conference Call Participants Juan Sanabria - BMO Jamie Feldman - Wells Fargo Nick Joseph - Citi Eric Wolfe - Citi Haendel St. Juste - Mizuho Securities Steve Sakwa - Evercore ISI Josh Dennerlein - Bank of America Julien Blouin - Goldman Sachs John Pawlowski - Green Street Adam Kramer - Morgan Stanley Daniel Tricarico - Scotiabank Linda Tsai - Jefferies Brad Heffern - RBC Capital Markets Austin Wurschmidt - KeyBanc Capital Markets Michael Goldsmith - UBS Omotayo Okusanya - Deutsche Bank Jason Sabshon - KBW Operator Greetings, and welcome to the AMH Third Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode.
Although the revenue and EPS for American Homes 4 Rent (AMH) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
American Homes 4 Rent (AMH) came out with quarterly funds from operations (FFO) of $0.44 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to FFO of $0.41 per share a year ago.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American Homes 4 Rent (AMH) have what it takes?
I emphasize refocusing on my core competency in real estate and diversifying through dividend ETFs, avoiding the overvalued S&P 500. Current S&P 500 valuations are historically high, suggesting poor future returns; insider buying is low, indicating a potential downturn ahead. Market leadership is shifting from growth to dividend stocks, particularly in real estate and utilities, which have outperformed since July.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American Homes 4 Rent (AMH) have what it takes?