American Homes 4 Rent (AMH) reported Q1 2026 earnings per share (EPS) of $0.35, well above the forecasted $0.18, a surprise of 94.44%. Revenue came in at $472 million, slightly exceeding expectations of $471.54 million.
Following the announcement, AMH's stock rose 0.43% in after-hours trading to $32.42. The company reported net income of $128 million and core FFO of $0.48 per share.
Same-home core NOI grew 3.7% year-over-year. AMH maintained its full-year guidance and highlighted a healthy demand environment. The stock appears undervalued according to Bond.az analysis, with a market cap of $12.91 billion and a dividend yield of 4.2%.
CEO David Singelyn said: "Our strong first-quarter results reflect our commitment to operational excellence and strategic capital deployment."
