American Homes 4 Rent posts 98.7% occupancy, boosts 2026 FFO guidance
American Homes 4 Rent reported Q4 portfolio occupancy of 98.7% and same-home rental revenue growth of 3.0%, driving adjusted FFO per share of $0.41. Management set 2026 FFO guidance at $1.70–$1.78 per share and plans $300 million in home acquisitions while maintaining a 4.5% dividend yield.
1. Q4 Financial Highlights
American Homes 4 Rent ended the quarter with 98.7% portfolio occupancy, up from 98.4% a year earlier. Same-home rental revenue rose 3.0% year-over-year, supporting adjusted funds from operations of $0.41 per share.
2. 2026 Guidance and Capital Allocation
The company issued 2026 FFO guidance of $1.70–$1.78 per share, a midpoint increase of 2.9%. Management plans to invest $300 million in single-family home acquisitions and affirmed a 4.5% dividend yield to shareholders.