AMH Reports First Quarter 2024 Financial and Operating Results

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Go back to AMH Reports First Quarter 2024 Financial and Operating Results

Evercore ISI Comments on American Homes 4 Rent (AMH)

May 3, 2024 6:14 AM EDT

Evercore ISI analyst Steve Sakwa reiterated an In Line rating and $38.00 price target on American Homes 4 Rent (NYSE: AMH)

The analyst comments "AMHs Q1 Core FFO of $0.43 matched our estimate and consensus as Core NOI growth of 4.9% was on top of our estimate as softer revenue growth was offset by lower expense growth. While the initial guide was conservative mainly on the revenue front (management did not anticipate any improvement in bad... More