earnings
confidence high
sentiment positive
materiality 0.75
AMH Q1 net income up 16% to $127.8M; Core FFO $0.48; guidance unchanged
American Homes 4 Rent
2026-Q1 EPS reported
$0.35
- Rents & other revenue $472.0M (+2.8% YoY); net income $127.8M ($0.35 diluted) vs $110.0M ($0.30) prior year.
- Core FFO $0.48/share (+4.6% YoY); Adjusted FFO $0.45/share (+8.0% YoY).
- Same-Home Core NOI +3.7% to $245.9M; occupancy 95.1%; blended rate growth 2.2%.
- Repurchased 3.7M shares for $115.1M in Q1; new $500M authorization; April added 3.2M shares for $94M.
- Full-year 2026 Core FFO guidance reaffirmed at $1.89-$1.95; development deliveries 1,700-2,100 homes.