AMH reaffirms 2026 Core FFO guidance in November investor deck
American Homes 4 Rent restates 2026 Core FFO per share guidance of $1.96 to $1.98 in a November investor presentation, with a $1.97 midpoint.
Key takeaways
- American Homes 4 Rent (AMH) posted an investor presentation on its website on Nov. 12 that restates its 2026 Core FFO per share guidance of $1.96 to $1.98, with a $1.97 midpoint. The presentation also gives October same-home occupied days of 96.0% and blended lease spreads of 2.1%.
American Homes 4 Rent (AMH) restated its 2026 Core FFO per share guidance of $1.96 to $1.98 in an investor presentation posted Nov. 12. The $1.97 midpoint equals 5.3% growth, within a range of 4.8% to 5.9%. The presentation carries the same ranges set on Nov. 4.
Same-home core revenue growth is forecast at 1.90% to 2.90%, with a 2.40% midpoint. Core NOI growth is forecast at 2.30% to 3.30%, with a 2.80% midpoint.
Same-home occupancy was 96.0% in October, and blended lease spreads were 2.1% for the month.
The company has no debt maturities until 2028. Net debt and preferred shares stood at 5.2 times adjusted EBITDAre.
From November 2025 to September 2026, the company repurchased about 4% of its shares and units outstanding, for about $463 million at an average price of $31.12.
The company plans about 1,900 deliveries from its development program in 2026.
The presentation also covers the 21st Century ROAD to Housing Act, passed in July 2026 and effective in January 2027. The act defines large institutional investors and grandfathers existing single-family rental homes.