AMH Stock Summary and Trading Ideas (American Homes 4 Rent Common Shares Of Beneficial Interest | NYSE:AMH)

American Homes 4 Rent is a real estate investment trust primarily focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's largest geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.

American Homes 4 Rent Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol AMH.

As of April 18, 2024, AMH stock price climbed to $35.03 with 2,477,499 million shares trading.

AMH has a beta of 1.30, meaning it tends to be more sensitive to market movements. AMH has a correlation of 0.46 to the broad based SPY ETF.

AMH has a market cap of $12.83 billion. This is considered a Large Cap stock.

In the last 3 years, AMH stock traded as high as $44.07 and as low as $28.79.

The top ETF exchange traded funds that AMH belongs to (by Net Assets): VNQ, VTI, IJH, VB, VXF.

AMH has underperformed the market in the last year with a return of +8.5%, while the SPY ETF gained +22.3%. In the last 3 month period, AMH fell short of the market, returning +0.1%, while SPY returned +6.1%. However, in the most recent 2 weeks AMH has outperformed the stock market by returning -2.5%, while SPY returned -3.8%.

AMH support price is $34.22 and resistance is $35.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMH stock will trade within this expected range on the day.