American Homes 4 Rent (AMH) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.32
- Estimate
- $0.15
- Surprise
- +111.9%
- Score today
- 5.7/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
American Homes 4 Rent (AMH) beat the $0.15 estimate with diluted EPS of $0.32 — a large 111.9% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates AMH Sell at 5.7/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +111.9% surprise compares with a +86.6% four-quarter average. Next scheduled report: 2026-10-28.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.0 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Property Type: single-family properties
- Concentration risk — Geographic: Atlanta, Charlotte, Dallas-Fort Worth, Nashville, Jacksonville, Phoenix, and 4 other MSAs (57.9%)
- Analyst target reached - limited upside remaining
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $32.71
- Price target
- $33.48
- Stop
- $31.73
- Upside to target
- +2.4%
- Reward-to-risk
- 0.5:1
Forward estimates sit below the trailing run-rate (48.4× forward vs 26.2× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
AMH at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Residential
- Market cap
- $13.41B
- P/E (fwd)
- 48.4
- P/E (ttm)
- 26.2
- 52-week range
- $27.22–$35.07
- Off 52-week high
- 6.7%
- RSI (14)
- 34
- Volume vs avg
- 1.31×
- Score today
- 5.7/10