VNQ - American Homes 4 Rent: SFR Exposure At A Good Price
2024-07-14 08:53:02 ET
Summary
- American Homes 4 Rent is a REIT that owns and leases single-family homes nationwide.
- Its portfolio is well-diversified and in a market with favorable supply/demand dynamics.
- With such a low leverage, strong liquidity, performance momentum, and low price level, I think it deserves some consideration even though its dividend yield is low.
American Homes 4 Rent ( AMH ), incorporated in 2012 and headquartered in Las Vegas, NV, owns and leases single-family homes all over the country.
This REIT is worthy of consideration by value investors as it trades well below NAV, while its portfolio could enjoy a short-term secular tailwind, its recent performance has been showing great momentum, has very low leverage with strong liquidity, and the upcoming maturities involve exceptionally low risk....
American Homes 4 Rent: SFR Exposure At A Good Price