Invitation Homes

Invitation Homes, Inc. engages in the acquisition, renovation, leasing and operation of single-family homes as rental properties, including single-family homes in planned unit developments. Its services include property management, selection of homes, maintenance program, and online payment. The company was founded by Marcus Ridgway, Dallas Tanner, and Brad Greiwe in 2012 and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Invitation Homes excels in Q1, eyes growth opportunities ahead

Invitation Homes' Q1 earnings call highlighted strong operational performance, strategic initiatives, and market insights. The company's bullish outlook on the single-family rental industry, coupled with its financial strength and growth strategies, positions it well for future success.

Invitation Homes reports strong Q2 results amidst turnover challenges

Invitation Homes (INVH) showcased strong financial performance in Q2 2023, driven by positive leasing trends and strategic acquisitions.
While facing challenges such as higher turnover rates and market-specific issues, the company remains optimistic about sustained growth and value creation.
With opportunities to capitalize on good demand, aggressive selling strategies, and expansion into new markets, Invitation Homes is well-positioned for future growth.

Invitation Homes excels in Q3, eyes strategic growth amid challenges

Invitation Homes delivered solid financial results in Q3 2023, focusing on operational excellence and strategic growth initiatives. Despite challenges, the company remains well-positioned for future success, leveraging its strong balance sheet and market positioning to navigate changing dynamics.

Invitation Homes (INVH) reports solid Q4 results and eyes growth opportunities

Invitation Homes (INVH) delivered strong operating results in Q4 2023, focusing on scaling operations, acquisition opportunities, and enhancing efficiency. The company's strengths in sustainable growth, property management services, and market demand capture offset challenges in controllable expenses and navigating market conditions. With a strategic approach to growth and performance, INVH is well-positioned to capitalize on opportunities in the rental market.

Invitation Homes excels in Q1, eyes growth through strategic partnerships

Invitation Homes delivered strong Q1 results, emphasizing operational excellence, financial growth, and strategic partnerships for future expansion.
While facing challenges in lease trends and regulatory risks, the company prioritizes customer satisfaction, technology investments, and financial prudence.
With a focus on growth opportunities in pro-housing initiatives, third-party management, and margin expansion, Invitation Homes remains poised for continued success.

Invitation Homes reports robust Q2 results, eyes sustainable growth

Invitation Homes showcased strong financial performance and operational efficiency in Q2, driven by high occupancy rates and revenue growth.
While facing challenges such as market scrutiny and operational complexities, the company's strategic strengths and growth initiatives position it well for future opportunities.
By focusing on innovation, sustainability, and customer value, Invitation Homes aims to maintain its competitive edge and create lasting value for stakeholders.

Invitation Homes reports strong Q3 results, eyes growth opportunities

Invitation Homes demonstrated resilience amidst supply pressures, focusing on enhancing resident experience and managing core expenses effectively.
The company's financial performance remained strong, with raised guidance for 2024 and opportunities for growth through capital deployment.
Challenges in certain markets require strategic management, but overall, Invitation Homes is well-positioned for continued success and expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Invitation Homes, Inc. engages in the acquisition, renovation, leasing, and operation of single-family homes as rental properties, including single-family homes in planned unit developments. Its services include property management, selection of homes, maintenance program, and online payment. The company was founded by Marcus Ridgway, Dallas Tanner, and Brad Greiwe in 2012 and is headquartered in Dallas, TX.

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 board of directors has declared a regular quarterly cash dividend of $0.29 per share payable on shares of its common stock, representing a 3.6% increase over the prior quarterly dividend of $0.28 per share. The dividend will be paid on or before January 17, 2025, to stockholders of record of the Compan.

Invitation Homes Announces Cash Dividend

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 Homes benefits from a favorable external environment with high homeownership costs and growing demand for single-family homes. The company trades at a low valuation, with an implied cap rate of 5.5% and the potential for 10-17% annualized returns over the next 4 years.

Invitation Homes: Risk/Return Profile Looks Quite Favorable

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 apartment rental rates, support a favorable outlook. Higher home prices and mortgage rates make renting attractive, boosting INVH's single-family rental model and valuation.

Invitation Homes: Attractive Valuation Despite Moderating Rental Inflation

American Healthcare REIT Inc

American Homes 4 Rent

American Tower

AvalonBay Communities

Brixmor Property Group

Blackstone Group

Boston Properties

COPT Defense Properties

Americold Realty

Camden Property

Centerspace REIT

CubeSmart

Curbline Properties Corp.

Cousins Properties

Digital Realty Trust

Equity LifeStyle Properties

Equinix

Extra Space Storage

Getty Realty

Highwoods Properties

Healthcare Realty Trust Inc

Independence Realty Trust

InvenTrust Properties Corp

Kite Realty Group

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 housing demand and limited new supply, despite valuation debates and management changes at Healthcare Realty. Multifamily and single-family rental sectors show regional variability, but long-term growth driven by demographic trends.

Property Type Round-Up From REITworld 2024

Great Ajax

JPMorgan BetaBuilders MSCI US REIT ETF

Brandywine Realty

Blackstone Mortgage Trust

Easterly Government Properties

Healthpeak Properties Inc

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Neuberger Berman Real Estate Securities Income Fund Inc

US Diversified Real Estate ETF

Invesco Active US Real Estate

ALPS Active REIT ETF

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Rithm Capital Corp

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

U.S. equity markets rebounded this week as investors weighed a relatively strong slate of housing market data and solid retail earnings against heightened geopolitical volatility in Eastern Europe. Following its worst week in two months, the S&P 500 advanced 1.7% this week - effectively erasing last week's 2% declines and extending its post-election gains to around 5%. Real estate equities - which lagged in two post-election weeks amid a rebound in interest rates - were among the leaders this week following an encouraging slate of REITworld updates.

Home For The Holidays

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 entered into an agreement to form a new joint venture partnership (the “JV”) with a leading global real estate investment partner. The JV will leverage the Company's strong homebuilder partnerships, management expertise, and unmatched scale to invest in newly-constructed homes and communities in sev.

Invitation Homes Announces $200 Million Joint Venture

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 report, Bringing Sustainability Home, which addresses the Company's 2023 sustainability initiatives and achievements. “This report is a testament to our unwavering commitment to driving long-term value for all our stakeholders,” said Chief Executive Officer Dallas Tanner. “At Invitation Homes, sustaina.

Invitation Homes Issues Sustainability Report

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 2018-4 securitization, as planned. As of September 30, 2024, the IH 2018-4 securitization had an outstanding principal balance of approximately $630.2 million, inclusive of approximately $31.6 million of retained certificates held by Invitation Homes to comply with risk retention rules. The Company pre.

Invitation Homes Announces Voluntary Prepayment of IH 2018-4 Securitization

Generation Income Properties

Global Net Lease

JBG SMITH Properties

Medical Properties Trust

Office Properties Income Trust

Paramount Group

Rexford Industrial Realty

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 US REIT industry that have raised dividends during the first three quarters of 2024. Shopping center landlord SITE Centers Corp. was the most recent addition to the list of REITs that suspended dividends this year.

5 U.S. REITs Suspend Dividends Amid 2024 Cuts

Mid-America Apartment Communities

Abating headwinds should benefit these REITs in the coming years.

2 Fantastic Dividend Stocks to Buy Right Now for Income and Growth

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 Officer Charles Young - President and Chief Operating Officer Jon Olsen - Chief Financial Officer Scott Eisen - Chief Investment Officer Conference Call Participants Michael Goldsmith - UBS Steve Sakwa - Evercore ISI Eric Wolfe - Citi Jamie Feldman - Wells Fargo Adam Kramer - Morgan Stanley Jesse Lederman - Zelman & Associates John Pawlowski - Green Street Josh Dennerlein - Bank of America Juan Sanabria - BMO Capital Markets Haendel St. Juste - Mizuho Brad Heffern - RBC Capital Markets Austin Wurschmidt - KeyBanc Capital Markets Michael Gorman - BTIG Julien Blouin - Goldman Sachs Jason Sabshon - KBW Operator Greetings and welcome to the Invitation Homes Third Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Invitation Homes Inc. (INVH) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for Invitation Home (INVH) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Invitation Home (INVH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Invitation Home (INVH) came out with quarterly funds from operations (FFO) of $0.47 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to FFO of $0.44 per share a year ago.

Invitation Home (INVH) Tops Q3 FFO and Revenue Estimates

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 financial and operating results. Third Quarter 2024 Highlights Year over year, total revenues increased 6.9% to $660 million, property operating and maintenance costs increased 5.6% to $242 million, net income available to common stockholders decreased 27.8% to $95 million, and net income per dilute.

Invitation Homes Reports Third Quarter 2024 Results

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Invitation Home (INVH), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Unlocking Q3 Potential of Invitation Home (INVH): Exploring Wall Street Estimates for Key Metrics

INVH's Q3 earnings are likely to have gained from its infill-located diverse portfolio in high-growth markets and high-margin third-party management business.

What's in the Cards for Invitation Homes This Earnings Season?

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 an acceptable manner, in breach of their fiduciary duties to Invitation Homes and its shareholders, and whether investors of Invitation Homes stock suffered harm.

Invitation Homes Stock - Investors of Invitation Homes Encouraged to Contact Kehoe Law Firm, P.C. - 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 Homes Inc. (“Invitation Homes”) (NYSE: INVH) breached their fiduciary duties to Invitation Homes and its shareholders. CLICK HERE TO LEARN MORE Scott+Scott is investigating whether members of the Invitation Homes board of directors or senior management failed to manage Invitation Homes in an acceptable.

INVITATION HOMES INVESTOR REMINDER: Scott+Scott Attorneys at Law LLP Investigates Invitation Homes Inc.'s Directors and Officers for Breach of Fiduciary Duties – INVH

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-family rental sector. This transaction increased Norges Bank's total holdings in the company to 52,861,723 shares, reflecting a substantial commitment to INVH. The shares were purchased at a price of $35.26, marking a notable investment move by the firm.

Norges Bank's Strategic Acquisition in Invitation Homes Inc.

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 company has increased its dividend for eight consecutive years, with a five-year dividend growth rate of 18.8%. Invitation Homes advanced its revenue from $1.1 billion in FY 2017 to $2.4 billion in FY 2023, a compound annual growth rate of 13.9%.

Invitation Homes: An Above-Average REIT At A Below-Average Valuation

Equity Residential

Essex Property Trust

Public Storage

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 boosting rental demand for multifamily and SFR REITs, but potentially increasing home prices. The "lock-in effect" limits home sales, benefiting multifamily and SFR REITs by driving rental demand, while self-storage REITs await increased home sales.

Assessing The Impact Of Mortgage Rates On REITs

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 quarter 2024 financial and operating results on Wednesday, October 30, 2024, after the market closes. The Company will host a conference call that will be webcast live on Thursday, October 31, 2024, at 2:00 p.m. Eastern Time to review third quarter results, discuss recent events, and conduct a question-a.

Invitation Homes Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

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 with a debt-to-EBITDA ratio of 5.9x and a well-balanced debt schedule, ensuring dividend sustainability with an AFFO payout ratio of 72.4%. The stock is undervalued based on where it trades vs. NAV and its historical AFFO. Offering a great risk-to-reward profile.

Invitation Homes: A Great Risk-To-Reward Profile

Apple Hospitality REIT

EastGroup Properties

Four Corners Property Trust

National Retail Properties

Realty Income Corp

Service Properties Trust

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 typically experience knee-jerk selloffs after property damage announcements, but these are often over-reactions and tend to reverse over time. Most REIT-owned properties are durable and well-insured, mitigating long-term financial impacts, though insurance rates may rise, affecting future expenses.

Hurricane Helene: REIT Property Damage Report

INVITATION HOMES INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Invitation Homes Inc.'s Directors and Officers for Breach of Fiduciary Duties – INVH

News for Invitation Homes Stock (INVH)