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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. American Homes 4 Rent's current 3-Year Share Buyback Ratio was -1.20%.
The historical rank and industry rank for American Homes 4 Rent's 3-Year Share Buyback Ratio or its related term are showing as below:
AMH'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -12.6 Med: -5.3 Max: -1.2
Current: -1.2
During the past 13 years, American Homes 4 Rent's highest 3-Year Share Buyback Ratio was -1.20%. The lowest was -12.60%. And the median was -5.30%.
AMH's 3-Year Share Buyback Ratio is ranked better than 63.17% of 600
companies
in the REITs industry
Industry Median: -2.9
vs AMH: -1.20
American Homes 4 Rent (NYSE:AMH) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
American Homes 4 Rent 3-Year Share Buyback Ratio Related Terms
AMH vs CPT, ELS, UDR: 3-Year Share Buyback Ratio Comparison
For the REIT - Residential subindustry, American Homes 4 Rent's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
American Homes 4 Rent 3-Year Share Buyback Ratio vs REITs Industry
For the REITs industry and Real Estate sector, American Homes 4 Rent's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where American Homes 4 Rent's 3-Year Share Buyback Ratio falls into.
American Homes 4 Rent 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -1.20 mean?
American Homes 4 Rent (AMH) has a 3-Year Share Buyback Ratio of -1.20 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for American Homes 4 Rent and its competitors. According to the industry distribution chart, American Homes 4 Rent ranks #221 out of 600 companies in the REITs industry, placing it in the top 36.8%.
Is American Homes 4 Rent's 3-Year Share Buyback Ratio too high?
American Homes 4 Rent's current 3-Year Share Buyback Ratio is -1.20. Based on the distribution chart, American Homes 4 Rent ranks #221 out of 600 companies in the REITs industry, which is above the industry midpoint. Overall, American Homes 4 Rent has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Homes 4 Rent's 3-Year Share Buyback Ratio compare to CPT and ELS?
According to the REITs industry distribution chart, American Homes 4 Rent ranks #221 out of 600 companies for 3-Year Share Buyback Ratio. This puts American Homes 4 Rent in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a REITs company?
A good 3-Year Share Buyback Ratio depends on the REITs industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for American Homes 4 Rent and its competitors. American Homes 4 Rent's current 3-Year Share Buyback Ratio is -1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Homes 4 Rent stock overvalued right now?
Based on GuruFocus' analysis, American Homes 4 Rent (AMH) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.59, compared to a current price of $34.35 — trading 13.2% below its estimated fair value. The current 3-Year Share Buyback Ratio is -1.20. American Homes 4 Rent's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For American Homes 4 Rent (AMH), the current 3-Year Share Buyback Ratio is -1.20 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is American Homes 4 Rent (AMH) Overvalued in 2026?
Based on GuruFocus' analysis, American Homes 4 Rent stock appears to be undervalued.
The current stock price of $34.35 is trading 13.2% below its estimated GF Value™ of $39.59.
GuruFocus considers American Homes 4 Rent to be Modestly Undervalued.
Key valuation signals for AMH:
3-Year Share Buyback Ratio: -1.20
GF Value™: $39.59 vs. price of $34.35 (13.2% below fair value)
No single metric tells the full story. See the AMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Homes 4 Rent is a real estate investment trust focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.
83GF Score
Get the complete analysis for AMH
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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