Invitation Homes Inc. (INVH)
Market Cap | 19.75B |
Revenue (ttm) | 2.55B |
Net Income (ttm) | 439.59M |
Shares Out | 614.58M |
EPS (ttm) | 0.72 |
PE Ratio | 44.77 |
Forward PE | 42.54 |
Dividend | $1.12 (3.49%) |
Ex-Dividend Date | Sep 26, 2024 |
Volume | 4,805,387 |
Open | 31.73 |
Previous Close | 31.72 |
Day's Range | 31.72 - 32.53 |
52-Week Range | 31.01 - 37.80 |
Beta | 1.03 |
Analysts | Buy |
Price Target | 38.75 (+20.57%) |
Earnings Date | Feb 11, 2025 |
About INVH
Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, “Together with you, we make a house a home,” reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences. [Read more]
Financial Performance
In 2023, Invitation Homes's revenue was $2.41 billion, an increase of 8.34% compared to the previous year's $2.23 billion. Earnings were $518.77 million, an increase of 35.57%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for INVH stock is "Buy." The 12-month stock price forecast is $38.75, which is an increase of 20.57% from the latest price.
News
Invitation Homes Announces Cash Dividend
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation's premier single-family home leasing and management company, announced today that its boar...
Invitation Homes: Risk/Return Profile Looks Quite Favorable
Invitation Homes has underperformed in 2024, but high mortgage rates and low home affordability make renting attractive, supporting steady demand. Despite recent rental growth deceleration, Invitation...
Invitation Homes: Attractive Valuation Despite Moderating Rental Inflation
Invitation Homes (INVH) has underperformed, rising only 2% in the past year, missing out on the broader market rally. INVH's strong cost discipline and positive rental inflation, despite weaker apartm...
Property Type Round-Up From REITworld 2024
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...
Invitation Homes Announces $200 Million Joint Venture
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation's premier single-family home leasing and management company, announced today that it has e...
Invitation Homes Issues Sustainability Report
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation's premier home leasing and management company, today issued its annual sustainability repo...
Invitation Homes Announces Voluntary Prepayment of IH 2018-4 Securitization
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”) announced today that it has voluntarily prepaid without penalty the outstanding balance of its IH 2018...
5 U.S. REITs Suspend Dividends Amid 2024 Cuts
Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the...
Invitation Homes Inc. (INVH) Q3 2024 Earnings Call Transcript
Invitation Homes Inc. (NYSE:INVH) Q3 2024 Earnings Call October 31, 2024 2:00 PM ET Company Participants Scott McLaughlin - Senior Vice President, Investor Relations Dallas Tanner - Chief Executive O...
Invitation Homes Reports Third Quarter 2024 Results
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation's premier single-family home leasing and management company, today announced its Q3 2024 f...
Invitation Homes Stock - Investors of Invitation Homes Encouraged to Contact Kehoe Law Firm, P.C. - INVH
PHILADELPHIA, PA / ACCESSWIRE / October 15, 2024 / Kehoe Law Firm, P.C. is investigating whether certain officers or directors of Invitation Homes Inc. (NYSE:INVH) failed to manage Invitation Homes in...
INVITATION HOMES INVESTOR REMINDER: Scott+Scott Attorneys at Law LLP Investigates Invitation Homes Inc.'s Directors and Officers for Breach of Fiduciary Duties – INVH
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Invitation Home...
Norges Bank's Strategic Acquisition in Invitation Homes Inc.
On September 30, 2024, Norges Bank made a significant addition to its investment portfolio by acquiring 13,255,017 shares of Invitation Homes Inc. (INVH, Financial), a prominent player in the single-f...
Invitation Homes: An Above-Average REIT At A Below-Average Valuation
Invitation Homes, a real estate investment trust that owns and operates single-family homes for lease across the United States, is now a $21 billion (by market cap) real estate titan. To date, the com...
Assessing The Impact Of Mortgage Rates On REITs
Historically, REITs outperform the S&P 500 after rising interest rates, with recent data showing a 25% return from May to September 2024. Mortgage rates impact REITs differently, with lower rates boos...
Invitation Homes Announces Dates for Third Quarter 2024 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation's premier single-family home leasing and management company, will release its third quarte...
Invitation Homes: A Great Risk-To-Reward Profile
Invitation Homes (INVH) has underperformed its peers but offers an attractive trailing dividend yield of 3.83%, higher than its four-year average of 2.51%. The REIT enjoys a sound financial profile wi...
Hurricane Helene: REIT Property Damage Report
Hurricane Helene caused significant flooding in Ashville, NC, and Atlanta, GA, impacting numerous REIT-owned properties, but the financial impact on REITs is likely less severe than it appears. REITs ...
Invitation Homes Announces Addition of H. Wyman Howard III to Board of Directors
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation's premier single-family home leasing and management company, today announced that Rear Adm...
Invitation Homes Reaches Agreement with Federal Trade Commission
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”) has reached agreement with the Federal Trade Commission (the “FTC”) resolving the FTC's civil investig...
US FTC reaches $48 million settlement with Invitation Homes over junk fees, costs
The U.S. Federal Trade Commission on Tuesday said Invitation Homes , the largest landlord of single-family homes in the United States, would pay more than $48 million as part of a settlement order ove...
Invitation Homes Announces Pricing of $500 Million of 4.875% Senior Notes due 2035
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”) announced today that its operating partnership, Invitation Homes Operating Partnership LP (the “Operat...
Invitation Homes Receives Credit Rating Upgrade to ‘BBB+' from Fitch
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation's premier single-family home leasing and management company, announced today that Fitch Ra...
Invitation Homes Partners with American Red Cross on Sound the Alarm Campaign
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation's premier single-family home leasing and management company, today announced its partnersh...