AMH

American Homes 4 Rent

Healthcare, Finance/Real Estate


Presented:10/29/2013
Price:$16.11
Cap:$2.99B
Current Price:$37.50
Cap:$13.74B

Presented

Date10/29/2013
Price$16.11
Market Cap$2.99B
Ent Value$4.12B
P/E RatioN/A
Book Value$16.31
Div Yield1.2%
Shares O/S185.49M
Ave Daily Vol1,170,000
Short Int1.86%

Current

Price$37.50
Market Cap$13.74B
American Homes 4 Rent is a real estate investment trust. The firm engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the United States. American Homes 4 Rent was founded in 2012 and is based in Malibu, California.

Highlights

Occupancy of single family home rental properties is increasing rapidly in the US, and the presenter believes American Homes 4 Rent (AMH) – which owns ~20,000 single family homes in the US - is likely to surprise skeptical REIT investors with solid FAD/ AFFO numbers over the next year. He is long shares and believes AMH could trade up to at least the low-mid $20s (20x his 2015 AFFO estimate).

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Idea Discussion

Commentor 1 - 2 weeks ago

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