Invitation HomesINVH
INVH
About: Invitation Homes owns a portfolio of nearly 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 around $350,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with almost 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.
Employees: 1,555
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
13% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 60
0% more funds holding
Funds holding: 529 [Q2] → 529 (+0) [Q3]
1% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 201
8.32% less ownership
Funds ownership: 100.66% [Q2] → 92.34% (-8.32%) [Q3]
10% less capital invested
Capital invested by funds: $22.1B [Q2] → $19.9B (-$2.22B) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 15 [Q2] → 12 (-3) [Q3]
40% less call options, than puts
Call options by funds: $42.4M | Put options by funds: $71M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$34
9%
upside
Avg. target
$37
17%
upside
High target
$40
28%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
Barclays Richard Hightower 22% 1-year accuracy 2 / 9 met price target | 21%upside $38 | Overweight Initiated | 17 Dec 2024 |
JMP Securities Aaron Hecht 54% 1-year accuracy 27 / 50 met price target | 28%upside $40 | Market Outperform Reiterated | 12 Dec 2024 |
Keefe, Bruyette & Woods Jade Rahmani 47% 1-year accuracy 16 / 34 met price target | 12%upside $35 | Market Perform Maintained | 6 Nov 2024 |
RBC Capital Brad Heffern 46% 1-year accuracy 16 / 35 met price target | 9%upside $34 | Sector Perform Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 7 articles about INVH published over the past 30 days
Neutral
Business Wire
5 days ago
Invitation Homes Announces Dates for Fourth 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 fourth quarter 2024 financial and operating results on Wednesday, February 26, 2025, after the market closes. The Company will host a conference call that will be webcast live on Thursday, February 27, 2025, at 11:00 a.m. Eastern Time to review fourth quarter results, discuss recent events, and conduct a quest.
Positive
Seeking Alpha
1 week ago
Invitation Homes: Buy Diversified Quality Single-Family Residences In One Basket
Investing in a single-family rental property requires significant capital and carries risks, including high debt and potential cash flow issues. Invitation Homes offers a diversified REIT alternative with a recent 3.6% dividend raise and a 72.5% AFFO payout ratio. Valuation models like the Chowder Rule and Dividend Discount Model suggest the Company is undervalued, with potential annual returns of 20.51%.
Negative
Seeking Alpha
1 week ago
World Beaters' 2024 Performance Review
One year ago, I selected a portfolio of 10 REITs for their double-digit dividend growth, believing they would outperform on share price and deliver superior total return. In this article, I hold myself accountable. The World Beaters portfolio underperformed in share price, contrary to expectations, achieving a total return of (-3.48)%. The portfolio ended the year out yielding the VNQ by 12 bps, but did not achieve the anticipated share price outperformance, despite sterling operating results.
Neutral
The Motley Fool
2 weeks ago
Thinking About Buying a Rental Property in 2025? Consider Doing This Instead.
Many people dream of owning a portfolio of rental properties that can produce enough passive income to cover their living expenses. That could enable them to retire early or spend less time working, giving them more freedom.
Neutral
CNBC Television
2 weeks ago
Invitation Homes CEO Dallas Tanner on his 2025 housing outlook
Dallas Tanner, Invitation Homes CEO, joins 'Closing Bell Overtime' to talk his housing lookahead for 2025.
Positive
The Motley Fool
3 weeks ago
3 Great Dividend Stocks to Buy Right Now for $33 or Less
It takes money to make money. However, it doesn't require a lot of cash to get started generating passive income.
Positive
The Motley Fool
3 weeks ago
3 No-Brainer Dividend Stocks to Buy Right Now for Less Than $200
Dividend stocks can be no-brainer investments. Over the last 50 years, the average dividend stock in the S&P 500 has outperformed non-dividend payers by more than 2 to 1, with the best performance coming from dividend growers.
Neutral
Seeking Alpha
1 month ago
Fed Ahead
Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019.
Neutral
Business Wire
1 month ago
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 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.
Positive
Seeking Alpha
1 month ago
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 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.
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