American Homes 4 Rent (AMH) Q3 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 · Editorial policy
Key numbers
- Adjusted EPS
- $0.24
- Estimate
- $0.16
- Surprise
- +53.5%
- Score at report (before → after)
- 5.7 → 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 $0.16 estimate with adjusted EPS of $0.24 — a large 53.5% upside surprise. TrendMatrix's engine moved from Sell (5.7/10) to Hold at 5.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates AMH Hold at 5.7/10.
4 of the last 4 quarters beat the estimate; this quarter's +53.5% surprise compares with a +90.1% four-quarter average.
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
- $32.63
- Price target
- $32.87
- Stop
- $31.41
- Upside to target
- +0.7%
- Reward-to-risk
- 0.1:1
Forward estimates sit below the trailing run-rate (48.6× forward vs 26.7× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — 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
- $13.38B
- P/E (fwd)
- 48.6
- P/E (ttm)
- 26.7
- 52-week range
- $27.22–$35.07
- Off 52-week high
- 7.0%
- RSI (14)
- 65
- Volume vs avg
- 1.38×
- Score today
- 5.7/10