American Homes 4 Rent Q3 2021 Earnings Call Transcript - Thomson StreetEvents

American Homes 4 Rent Q3 2021 Earnings Call Transcript

American Homes 4 Rent Q3 2021 Earnings Call Transcript - Thomson StreetEvents
American Homes 4 Rent Q3 2021 Earnings Call Transcript
Published Nov 05, 2021
17 pages (11403 words) — Published Nov 05, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of AMH.N earnings conference call or presentation 5-Nov-21 4:00pm GMT

  
Brief Excerpt:

...Operator Greetings. Welcome to the American Homes 4 Rent Third Quarter 2021 Earnings Call. (Operator Instructions) Please note, this conference is being recorded. I will now turn the conference over to your host, Nick Fromm, Senior Manager, Investor Relations. Thank you. You may begin. Nicholas Fromm Good morning. Thank you for joining us for our third quarter 2021 earnings conference call. With me today are David Singelyn, Chief Executive Officer; Bryan Smith, Chief Operating Officer; Jack Corrigan, Chief Investment Officer; and Chris Lau, Chief Financial Officer. Please be advised that this call may include forward-looking statements. All statements other than statements of historical fact included in this conference call are forward-looking statements that are subject to a number of risks and uncertainties that could cause actual results to differ materially from those projected in these statements. These risks and other factors that could adversely affect our business and future results...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
American Homes 4 Rent
Ticker
AMH.N
Time
4:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Bradley Barrett Heffern - RBC Capital Markets, Research Division - Analyst : Just a question on land. So looking so far in 2021, the number of lots acquired has been about 3x the number of deliveries. And so I'm curious at what point we'll see those numbers look more equal? And is that really going to be just the deliveries going up? Or is there a chance that at some point, the land purchases will start moving lower? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. NOVEMBER 05, 2021 / 4:00PM, AMH.N - Q3 2021 American Homes 4 Rent Earnings Call Jack E. Corrigan;Chief Investment Officer This is Jack. Thanks for that question, Brad. When we stop growing the program, you'll see it equal out. So today, we're buying land for -- maybe the end of 2023, 2024 and 2025 deliveries. So we still expect to be growing at that point. And if we feel like 3,000, 4,000, 5,000 deliveries is the right number to flatten out at, then you'll see though, that's how many we'll be buying a year.

Table Of Contents

American Homes 4 Rent Q1 2022 Earnings Call Summary – 2022-05-06 – US$ 54.00 – Edited Brief of AMH.N earnings conference call or presentation 6-May-22 4:00pm GMT

American Homes 4 Rent at Citi Global Property CEO Conference Transcript – 2022-03-08 – US$ 54.00 – Edited Transcript of AMH.N presentation 8-Mar-22 3:30pm GMT

American Homes 4 Rent Q4 2021 Earnings Call Summary – 2022-02-25 – US$ 54.00 – Edited Brief of AMH.N earnings conference call or presentation 25-Feb-22 5:00pm GMT

American Homes 4 Rent Q4 2021 Earnings Call Transcript – 2022-02-25 – US$ 54.00 – Edited Transcript of AMH.N earnings conference call or presentation 25-Feb-22 5:00pm GMT

American Homes 4 Rent Q3 2021 Earnings Call Summary – 2021-11-05 – US$ 54.00 – Edited Brief of AMH.N earnings conference call or presentation 5-Nov-21 4:00pm GMT

American Homes 4 Rent at Bank of America Global Real Estate Conference (Virtual) Transcript – 2021-09-22 – US$ 54.00 – Edited Transcript of AMH.N presentation 22-Sep-21 3:15pm GMT

American Homes 4 Rent Q2 2021 Earnings Call Summary – 2021-08-06 – US$ 54.00 – Edited Brief of AMH.N earnings conference call or presentation 6-Aug-21 3:00pm GMT

American Homes 4 Rent Q2 2021 Earnings Call Transcript – 2021-08-06 – US$ 54.00 – Edited Transcript of AMH.N earnings conference call or presentation 6-Aug-21 3:00pm GMT

American Homes 4 Rent Q1 2021 Earnings Call Summary – 2021-05-07 – US$ 54.00 – Edited Brief of AMH.N earnings conference call or presentation 7-May-21 3:00pm GMT

American Homes 4 Rent Q1 2021 Earnings Call Transcript – 2021-05-07 – US$ 54.00 – Edited Transcript of AMH.N earnings conference call or presentation 7-May-21 3:00pm GMT

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MLA:
Thomson StreetEvents. "American Homes 4 Rent Q3 2021 Earnings Call Transcript" Nov 05, 2021. Alacra Store. May 13, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-American-Homes-4-Rent-Earnings-Call-T15002637>
  
APA:
Thomson StreetEvents. (2021). American Homes 4 Rent Q3 2021 Earnings Call Transcript Nov 05, 2021. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-American-Homes-4-Rent-Earnings-Call-T15002637>
  
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