American Homes 4 Rent (LTS:0HEJ)
$ 37.86 -0.425 (-1.11%) Market Cap: 13.97 Bil Enterprise Value: 18.32 Bil PE Ratio: 39.83 PB Ratio: 1.99 GF Score: 79/100

American Homes 4 Rent at REITWeek: NAREIT's Investor Forum Transcript

Jun 04, 2019 / 12:00PM GMT
Release Date Price: $24.12
Ryan Christopher Gilbert
BTIG, LLC, Research Division - Senior VP & REIT Analyst

Want to get started?

David P. Singelyn
American Homes 4 Rent - CEO & Trustee

Sure.

Ryan Christopher Gilbert
BTIG, LLC, Research Division - Senior VP & REIT Analyst

Okay. Great. Let's get started. Thanks, everybody for joining us. Good morning. My name is Ryan Gilbert. I am equity research analyst at BTIG. I am pleased to be joined up here with the senior management team from American Homes 4 Rent. I've Chris Lau, CFO sitting next to me; Dave Singelyn, Chief Executive Officer; and Bryan Smith, EVP and President of Property Management.

American Homes 4 Rent is a single-family rental, owner and operator, 53,000 unit portfolio, around $8.5 billion of total equity market capitalization. BTIG rates AMH with a Buy and a $26 price target. We believe that AMH has built an effective operating platform and is well positioned to take advantage of what we see as growing demand entry-level single-family housing at the time

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