Dividend GrowthAMH announced a dividend increase to $0.26 for 1Q24, indicating an 18.2% increase and implying dividend security.
Earnings PerformanceAmerican Homes 4 Rent reported core FFO of $0.43 per share, beating estimates, reflecting higher NOI from margin outperformance.
Stock Rating And TargetAnalyst reiterates Market Outperform rating and raises price target for AMH, citing higher FTM NAV at an unchanged cap rate.