Invitation Homes (INVH) AI Stock Analysis

• Market Cap: $17.54B
• Dividend Yield: 4.17%
• Average Volume (3M): 4.84M
• Price to Earnings (P/E): 55.0
• Beta (1Y): 0.52
• Revenue Growth: 6.82%
• EPS Growth: 27.91%
• Country: US
• Employees: 1,750
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Residential
• EPS (TTM): 0.22
• Shares Outstanding: 613,020,570
• 10 Day Avg. Volume: 5,126,893
• 30 Day Avg. Volume: 4,836,276
• PEG Ratio: -3.33
• Price to Book (P/B): 2.01
• Price to Sales (P/S): 7.48
• P/FCF Ratio: 22.71
• Enterprise Value/Market Cap: 1.48
• Enterprise Value/Revenue: 9.59
• Enterprise Value/Gross Profit: 15.99
• Enterprise Value/Ebitda: 15.83
• 1Y Price Target: $34.55
• Price Target Upside: 24.24% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): 0.86
• Revenue Forecast (FY): $2.73B

• Rating: 67 Neutral
• Price Target: $31.00 ▲(11.47% Upside)

Invitation Homes' strong financial performance and improved earnings guidance are significant positives, contributing to a solid overall score. However, technical indicators suggest bearish momentum, and the high P/E ratio raises valuation concerns. The company's ability to maintain high occupancy rates and manage expenses will be crucial for future performance.

Positive Factors

Strong Renewal Rate Growth

The increase in renewal rates suggests strong tenant satisfaction and retention, contributing to stable revenue streams and reduced vacancy risks.

High Occupancy Rates

High occupancy rates indicate strong demand for rental properties, ensuring consistent rental income and efficient asset utilization.

Robust Balance Sheet

A strong balance sheet with significant liquidity provides financial flexibility for growth opportunities and resilience against economic downturns.

Negative Factors

Negative New Lease Rent Growth

Negative rent growth in new leases could pressure revenue growth and indicate competitive market conditions, impacting long-term profitability.

Increased Same-Store Core Expenses

Rising expenses can erode profit margins, necessitating cost management strategies to maintain financial performance over time.

October New Lease Rates Decline

A decline in new lease rates suggests potential challenges in maintaining competitive pricing, which could affect future revenue growth.

Invitation Homes Business Overview & Revenue Model

Company Description

Invitation Homes is the nation's premier single-family home leasing 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.

How the Company Makes Money

Invitation Homes generates revenue primarily through rental income from its extensive portfolio of single-family homes. The company purchases homes, invests in renovations to enhance their appeal and functionality, and then leases them to tenants at competitive market rates. Additionally, Invitation Homes benefits from economies of scale in property management, allowing for efficient operations and reduced costs. The company also occasionally engages in home sales, contributing supplementary income. Its strategic partnerships with local real estate agents and contractors for property acquisition and management further enhance its operational efficiency and revenue generation capabilities.

Invitation Homes Financial Statement Overview

Summary

Invitation Homes exhibits robust financial health with strong revenue and profit growth, efficient cash flow management, and a stable balance sheet. While profitability and cash flow metrics are impressive, attention to operational efficiency and debt management could further enhance financial stability.

Income Statement

Invitation Homes shows strong revenue growth with a TTM increase of 4.1% and consistent gross profit margins around 60%. The net profit margin has improved to 21.7% in TTM, indicating enhanced profitability. However, the EBIT margin has decreased slightly from previous years, suggesting some operational cost pressures.

Balance Sheet

The company maintains a stable debt-to-equity ratio around 0.84, reflecting balanced leverage. Return on equity has improved to 6.05% in TTM, indicating better utilization of equity. The equity ratio remains strong, showcasing a solid capital structure, though there is room for improvement in reducing debt levels.

Cash Flow

Free cash flow has grown significantly by 29% in TTM, demonstrating strong cash generation capabilities. The free cash flow to net income ratio is high at 95.7%, indicating efficient cash conversion. However, the operating cash flow to net income ratio is not available for TTM, which limits a full assessment.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.70B	2.62B	2.43B	2.24B	2.00B	1.82B
Gross Profit	1.62B	1.55B	1.46B	1.36B	1.22B	1.08B
EBITDA	1.64B	1.54B	1.53B	1.33B	1.18B	1.10B
Net Income	586.48M	453.92M	519.47M	383.33M	261.43M	196.21M
Balance Sheet
Total Assets	18.78B	18.70B	19.22B	18.54B	18.54B	17.51B
Cash, Cash Equivalents and Short-Term Investments	155.37M	174.49M	700.62M	262.87M	610.17M	213.42M
Total Debt	8.32B	8.20B	8.55B	7.77B	8.00B	8.03B
Total Liabilities	9.12B	8.91B	9.03B	8.21B	8.70B	8.95B
Stockholders Equity	9.63B	9.76B	10.16B	10.29B	9.80B	8.50B
Cash Flow
Free Cash Flow	1.16B	862.41M	885.99M	815.52M	744.83M	524.43M
Operating Cash Flow	1.21B	1.08B	1.11B	1.02B	907.66M	696.71M
Investing Cash Flow	-544.17M	-465.87M	-773.55M	-814.41M	-1.16B	-425.16M
Financing Cash Flow	-1.52B	-1.09B	110.02M	-574.11M	658.99M	-146.03M

Invitation Homes Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 27.81
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For INVH, the sentiment is Negative. The current price of 27.81 is below the 20-day moving average (MA) of 28.42, below the 50-day MA of 28.98, and below the 200-day MA of 31.30, indicating a bearish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 40.10 is Neutral, neither overbought nor oversold. The STOCH value of 55.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for INVH.

Invitation Homes Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ESS	72 Outperform	$17.10B	19.51	15.30%	3.90%	6.92%	53.76%
EQR	70 Outperform	$22.59B	19.77	10.55%	4.61%	4.78%	24.74%
AMH	69 Neutral	$11.91B	27.21	6.36%	3.62%	7.63%	23.16%
INVH	67 Neutral	$17.54B	55.05	5.99%	4.17%	6.82%	27.91%
MAA	66 Neutral	$15.51B	27.36	9.41%	4.72%	0.91%	6.55%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CPT	63 Neutral	$14.35B	70.76	3.30%	4.11%	0.76%	-60.70%

Invitation Homes Corporate Events

Invitation Homes: Strong Q3 Performance Amid Market Challenges

The recent earnings call for Invitation Homes painted a picture of both strength and challenges. The company reported strong renewal rate growth and high occupancy rates, signaling consistent demand and operational stability. Financial guidance was improved, and a successful bond offering further strengthened the balance sheet. However, challenges were noted with negative new lease rent growth and increased same-store core expenses, indicating some pressure from market supply dynamics.

Invitation Homes Reports Strong Q3 2025 Earnings

Invitation Homes Inc. is a leading single-family home leasing and management company in the United States, known for providing high-quality rental homes with desirable features such as proximity to jobs and schools. In its third-quarter 2025 earnings report, Invitation Homes highlighted a 4.2% increase in total revenues to $688 million and a significant 43.5% rise in net income available to common stockholders, reaching $136 million or $0.22 per diluted share. The company also reported a slight increase in Core FFO and AFFO per share, with a notable improvement in Same Store NOI and occupancy rates.

Invitation Homes Completes $600M Senior Notes Offering

On August 15, 2025, Invitation Homes Operating Partnership LP, a subsidiary of Invitation Homes Inc., completed a public offering of $600 million in senior notes due 2033, bearing interest at 4.950% per annum. This strategic financial maneuver is expected to bolster the company’s capital structure, potentially enhancing its market position and operational flexibility, while the notes are guaranteed by several subsidiaries, ensuring a robust backing for stakeholders.

The most recent analyst rating on (INVH) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on Invitation Homes stock, see the INVH Stock Forecast page.