NYSE: AMH · Residential REITs
American Homes 4 Rent (AMH) fair value: undervalued or overvalued?
As of 31 Oct 2026, Faircurve's model values American Homes 4 Rent (AMH) at $33.35 a share. The stock last closed at $31.52, which puts the model's fair value 5.8% above the price. On the model's bands that reads as Fairly valued.
Revalued . Price is the close of 3 Nov 2026. American Homes 4 Rent.
The report adds the live price and the price chart. No account needed.
This week, in three parts
What happenedThe run of 31 Oct 2026 moved the fair value from $33.86 to $33.35 (-1.5%). The model does not yet explain moves on this valuation method.
What the model makes of itThe price of $31.52 is 5.8% below it: Fairly valued, on a high evidence grade.
What's nextNo report date on file. The next weekly run is on Saturday 7 Nov 2026.
What price range does the model give AMH?
The calibrated range for AMH over 63 trading days is $27.02 to $39.84. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 10,454 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own range is $30.39 to $36.48.
Faircurve Insights · 31 Oct 2026
American Homes 4 Rent (AMH, listed on the NYSE) holds a leading position in the single-family rental housing market.
Faircurve's model gave a fair value of $33.35 a share on 31 Oct 2026. The previous run, on 24 Oct 2026, gave $33.86, so the fair value moved -1.5%. In the model's own words, it does not yet explain moves on this valuation method. The calibrated range over 63 trading days is $27.02 to $39.84. It is built from the fair value, since there is no live options data for the stock, and it is calibrated weekly against realised prices, using 10,454 past valuations. Ranges built this way held the price 60% of the time at this horizon. The evidence grade is High. For REITs, the grade looks at the dividend record: at least three years of paid dividends with no cut. It does not say whether the fair value is right.
The model's quality scores are not on this sheet, so this note gives no quality score or factor results for the business. The model compares American Homes 4 Rent with UDR, Inc. (UDR), Equity LifeStyle Properties, Inc. (ELS), Camden Property Trust (CPT), Mid-America Apartment Communities, Inc. (MAA), Invitation Homes Inc. (INVH), Essex Property Trust, Inc. (ESS) and Vivmark Residential (VMRK). Millrose Properties, Inc. (MRP) is also a comparable company, but it does not have a verdict on this date.
Written from the figures on this page for the 31 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
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When does AMH report earnings, and how has the stock reacted?
Around its last 8 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across AMH's last 8 reports, ignoring direction, was 0.9%.
How does AMH compare with similar companies?
The companies in residential reits closest to American Homes 4 Rent in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| UDR UDR, Inc. | $35.93 | $36.93 | +2.8% | Fairly valued |
| ELS Equity LifeStyle Properties, Inc. | $60.30 | $43.90 | -27.2% | Overvalued |
| CPT Camden Property Trust | $100.68 | $84.42 | -16.2% | Overvalued |
| MAA Mid-America Apartment Communities, Inc. | $117.34 | $122.85 | +4.7% | Fairly valued |
| INVH Invitation Homes Inc. | $26.60 | $29.37 | +10.4% | Undervalued |
| ESS Essex Property Trust, Inc. | $264.90 | $192.35 | -27.4% | Overvalued |
| VMRK Vivmark Residential | $62.04 | $53.87 | -13.2% | Overvalued |
| MRP Millrose Properties, Inc. | $25.90 | $31.23 | +20.6% | Low evidence grade |
American Homes 4 Rent at a glance
American Homes 4 Rent (AMH, listed on the NYSE) holds a leading position in the single-family rental housing market.
- Market value
- $11.4B
- Sector
- Real Estate
- Industry
- Residential REITs
- Beta to the US market
- -0.16
- First valued by Faircurve
- 11 Jul 2026
At the close of 3 Nov 2026, 52.1% of the 1,081 graded US stocks the model covers traded below the model's fair value. AMH was among them.
How the fair value is worked out: the model values American Homes 4 Rent three ways and blends them; the range around the fair value comes from 2,000 simulations of the dividend model. The full method is documented here.
What changed in the latest valuation?
On 24 Oct 2026 the model's fair value for AMH was $33.86. As of 31 Oct 2026 it is $33.35, a change of -1.5%. The model does not yet explain moves on this valuation method. The model revalues every stock it covers each week, and again after an earnings report.
Questions about American Homes 4 Rent's valuation
Is American Homes 4 Rent stock undervalued or overvalued?
On Faircurve's model, AMH reads as Fairly valued as of 31 Oct 2026. The model's fair value is $33.35 a share against a last close of $31.52, a gap of +5.8%.
What is AMH's fair value?
$33.35 a share as of 31 Oct 2026. The fair value blends three methods: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The model's own range is $30.39 to $36.48.
What price range does the model give AMH?
$27.02 to $39.84 over 63 trading days. Ranges built this way held the price 60% of the time across 10,454 past valuations, refreshed 31 Oct 2026.
How much has AMH moved on past earnings reports?
Across its last 8 reports the median two session move was 0.9%, ignoring direction. The largest was -5.9% around the report of 19 Feb 2026.
How confident is the model in this valuation?
The model's evidence grade for AMH is high. For real estate investment trusts (REITs) the grade looks at the dividend record: at least three years of paid dividends with no cut. It is not a probability that the fair value is right, or that the price reaches it.
The model's own ideas on AMH
The model holds no idea open on AMH today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on AMH with their outcomes. A free account is enough.