Invitation Homes Inc

Invitation Homes Inc

INVH

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Market Cap$18.04B
Close$

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P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Invitation Homes IncInvitation Homes Inc27.93.92%7%7.60.9

Earnings Call Q1 2025

May 1, 2025 - AI Summary

Solid Performance Metrics: Invitation Homes reported a strong first quarter with a 3.6% blended rent growth, 97.2% average occupancy, and a 3.7% year-over-year increase in Net Operating Income (NOI). Core Funds From Operations (FFO) per share grew by 3.5% year-over-year, while Adjusted FFO (AFFO) grew by 4%. These metrics illustrate resilience in the single-family rental (SFR) market despite economic volatility.
Positive Rental and Occupancy Trends: For the month of April, blended rent growth increased to 4%, with renewal rent growth at 4.5% and average occupancy rising to 97.4%. This indicates strong demand in the SFR sector, with residents showing a tendency to renew leases due to favorable living conditions and economic uncertainties in homeownership.
Home Acquisition Strategy: The company acquired 577 homes for around $194 million, predominantly newly built, while disposing of 454 homes to first-time homeowners. This capital recycling approach ensures continuous portfolio growth and minimizes risks associated with on-balance sheet development. The strategy aims for a 6% average yield on cost.

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$31.33

Target Price by Analysts

3.2% upsideInvitation Homes Target Price DetailsTarget Price
$34.83

Current Fair Value

14.7% upside

Undervalued by 14.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$18.04 Billion
Enterprise Value$26.51 Billion
Dividend Yield$1.19 (3.92%)
Earnings per Share$0.96
Beta0.84
Outstanding Shares592,411,226

Return

Return on Equity7.30%ROE
Return on Assets3.58%
Return on Invested Capital5.49%

Valuation & Multiples

P/E Ratio27.86P/E Ratio
PEG50.35PEG
Price to Sales7.59Price to Sales
Price to Book Ratio2.02Price to Book Ratio
Enterprise Value to Revenue9.29
Enterprise Value to EBIT26.91
Enterprise Value to Net Income40
Total Debt to Enterprise0.32
Debt to Equity0.94Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 29, 2026
EPS Estimate
$0.17
Average shareholder expectation
Revenue Estimate
$731.13 M
Average shareholder expectation

Next Earnings Call

Expected Date
October 28, 2026
EPS Estimate
$0.18
Average shareholder expectation
Revenue Estimate
$738.73 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio77.3550 7691.30%
Total Calls800 99.95%
Total Puts61,884 92.03%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %25.83% 64.20%
Total Invested$4.74B 65.08%
Investors Holding283 310.00%

ESG Score

No data

About Invitation Homes Inc