Invitation Homes/$INVH
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Invitation Homes
Invitation Homes owns a portfolio of over 85,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price of around $375,000 and generally less than 1,800 square feet. The portfolio is spread across 17 target markets that feature high employment and household formation growth, with two-thirds of the portfolio in the Western US and Florida; 15 of the 17 markets feature average rents lower than homeownership costs.
- Ticker
- $INVH
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 1,725
- Headquarters
- Dallas, United States
- Website
- www.invitationhomes.com
Invitation Homes Metrics
BasicAdvanced
$16B
24.91
$1.09
0.84
$1.20
4.43%
Price and volume
Market cap
$16B
Beta
0.84
52-week high
$30.89
52-week low
$24.25
Average daily volume
5.5M
Dividend rate
$1.20
Financial strength
Current ratio
0.43
Quick ratio
0.142
Long term debt to equity
0.938
Total debt to equity
0.938
Dividend payout ratio (TTM)
108.97%
Interest coverage (TTM)
1.98%
Profitability
EBITDA (TTM)
1,499.854
Gross margin (TTM)
56.26%
Net profit margin (TTM)
23.20%
Operating margin (TTM)
25.84%
Revenue per employee (TTM)
$1,650,000
Management effectiveness
Return on assets (TTM)
2.48%
Return on equity (TTM)
7.05%
Valuation
Price to earnings (TTM)
24.905
Price to revenue (TTM)
5.761
Price to book
1.77
Price to tangible book (TTM)
1.84
Price to free cash flow (TTM)
13.673
Free cash flow yield (TTM)
7.31%
Free cash flow per share (TTM)
1.98
Dividend yield (TTM)
4.43%
Forward dividend yield
4.43%
Growth
Revenue change (TTM)
7.57%
Earnings per share change (TTM)
22.39%
3-year revenue growth (CAGR)
6.95%
10-year revenue growth (CAGR)
12.40%
3-year earnings per share growth (CAGR)
14.98%
3-year dividend per share growth (CAGR)
5.97%
What the Analysts think about Invitation Homes
Analyst ratings (Buy, Hold, Sell) for Invitation Homes stock.
Analyst projections of the future price of Invitation Homes stock.
Bulls say / Bears say
Core leasing demand remains resilient: Q2 occupancy averaged 97.1%, blended rent growth was 2.7%, and July renewal and blended rent growth accelerated to 4.3% and 3.4%. Strong retention and improving pricing suggest the portfolio is absorbing supply without broad discounting. (Yahoo Finance, Investing.com)
Share repurchases offer a potentially powerful per-share value lever. Invitation Homes had repurchased $600 million by the end of Q2, while management said year-to-date home sales averaged about $450,000 per property versus an implied value of just over $270,000 per home at the average buyback price. (Exa, StockTitan)
Earnings are holding up better than the subdued growth outlook implies: Q2 Core FFO per share rose 5% year on year to $0.51, AFFO per share rose nearly 6% to $0.44, and management lifted 2026 Core FFO and AFFO guidance midpoints to $1.95 and $1.65. (Investing.com, Nasdaq)
Property taxes and insurance are still squeezing margins: management expects 2026 same-store operating expenses to rise 3.0% to 4.0%, including 4% to 5% tax growth and 5% to 7% insurance growth. Tax outcomes in California, Georgia and Florida remain uncertain, and those states account for about 70% of the property-tax line. (Nasdaq, Longbridge)
Rental supply and seasonal turnover could weaken leasing results in the second half. July occupancy fell to 96.5% from 97.1% in the second quarter, while new-lease growth was only 1.1% in Q2 and management warned that elevated supply increases the cost and execution risk of re-leasing homes. (Yahoo Finance, Longbridge)
The newer growth initiatives are not yet delivering as planned: delayed and cancelled projects left ResiBuilt’s expected 2026 earnings contribution behind the original forecast, while acquisition activity was stagnant during the first half. Selling substantially more homes than it acquires may support buybacks, but it can also limit portfolio growth if the development and acquisition pipelines do not recover. (Longbridge, Nasdaq)
Data summarised monthly by Lightyear AI. Last updated on 25 Sept 2026.
Invitation Homes Financial Performance
Revenues and expenses
Invitation Homes Earnings Performance
Company profitability
Upcoming events
No upcoming events
Invitation Homes News
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Funds containing Invitation Homes
AllUSDEURGBP
Fund name | Fund size | $INVH weighting |
|---|---|---|
Invesco Real Estate S&P US Select Sector$XRES | $150M | 1.30% |
Invesco Real Estate S&P US Select Sector£XREP | $150M | 1.30% |
VanEck Global Real Estate€TRET | €255M | 1.09% |
VanEck Global Real Estate£TREG | £222M | 1.09% |
iShares Developed Markets Property Yield$IDWP | $1.2B | 0.97% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.