YOLFTbeta
Invitation Homes Inc

Invitation Homes Inc

INVH · NYSE · Real Estate / REIT - Residential

26.85USD+0.20 (+0.75%)

Price History

Full chart

Market Stats

Previous Close26.65
Open26.82
Day Range26.69 – 26.99
52-Week Range23.45 – 30.55
Volume3.73M
Market Cap15.72B
P/E (TTM)24.88
Forward P/E30.40
EPS1.07
Dividend Yield4.51%
Beta0.83
50-Day Avg29.18
200-Day Avg27.85

About

Invitation Homes Inc., an S&P 500 company, is the nation's premier single-family home leasing and management company, helping to expand housing through new development and strategic partnerships. Their purpose, Unlock the Power of Home, reflects their commitment to address America's housing needs by delivering high-quality living solutions and genuine care to those who choose the flexibility and value of leasing. Invitation Homes Inc. was incorporated in 6th June 2012 and is based in Dallas, United States.

Company Details

  • SectorReal Estate
  • IndustryREIT - Residential
  • CEOMr. Dallas B. Tanner
  • Employees1.73K
  • Headquarters5420 LBJ Freeway, Dallas, TX, United States, 75240, USA
  • Websitehttps://www.invitationhomes.com

Leadership

  • Mr. Dallas B. TannerCo-Founder, CEO, President & Director · b. 1981
  • Mr. Jonathan S. OlsenExecutive VP, CFO & Treasurer · b. 1974
  • Mr. Timothy J. LobnerExecutive VP & COO · b. 1977
  • Mr. Scott G. EisenExecutive VP & Chief Investment Officer · b. 1970
  • Mr. Mark A. SollsExecutive VP, Chief Legal Officer & Secretary · b. 1957
  • Ms. Kimberly K. NorrellExecutive VP & Chief Accounting Officer
  • Mr. Ryan JudgeSenior VP & Head of Technology
  • Mr. Scott McLaughlin CPASenior Vice President of Investor Relations & Tax
  • Ms. Kristi DesJarlaisSenior Vice President of Communications & Media Relations
  • Ms. Allison MullisExecutive VP & Chief Human Resources Officer

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue658.72M836.05M922.59M1.05B1.72B1.76B1.82B2.00B2.24B2.43B2.62B2.73B
Growth (%)-+26.92%+10.35%+14.29%+63.40%+2.42%+3.29%+9.53%+12.10%+8.68%+7.67%+4.21%
Cost of Revenue383.16M387.42M390.82M434.84M720.90M731.60M739.16M777.76M874.29M976.14M1.07B2.63B
Gross Profit275.56M448.63M531.77M619.62M1.00B1.03B1.08B1.22B1.36B1.46B1.55B100.71M
Gross Margin41.83%53.66%57.64%58.76%58.16%58.54%59.45%61.05%60.94%59.87%59.04%3.69%
Operating Expense307.38M334.25M340.99M501.41M659.30M607.99M615.84M667.95M712.14M756.63M804.94M-640.24M
Operating Income-31.82M114.38M190.78M118.21M342.76M425.09M467.84M550.91M651.70M699.50M741.24M740.95M
Operating Margin-4.83%13.68%20.68%11.21%19.89%24.09%25.67%27.59%29.12%28.76%28.30%27.15%
EBITDA181.99M361.50M475.49M460.72M939.12M1.05B1.10B1.18B1.33B1.53B1.54B1.47B
EBITDA Margin27.63%43.24%51.54%43.69%54.51%59.39%60.56%58.98%59.29%62.85%58.64%53.93%
Net Income-269.86M-160.21M-78.24M-105.34M-4.93M145.46M196.21M261.43M383.33M519.47M453.92M587.92M
Net Income Margin-40.97%-19.16%-8.48%-9.99%-0.29%8.24%10.76%13.09%17.13%21.36%17.33%21.54%
R&D--0.110.160.040.040.080.10.120.13--
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense235.81M273.74M286.05M256.97M383.60M367.17M353.92M322.66M304.09M333.46M366.07M353.33M
Interest Expense % of Total Revenue35.80%32.74%31.00%24.37%22.26%20.81%19.42%16.16%13.59%13.71%13.98%12.95%

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets9.20B9.80B9.73B18.68B18.06B17.39B17.51B18.54B18.54B19.22B18.70B18.68B
Total Liabilities6.74B7.91B7.77B10.03B9.69B9.13B8.95B8.70B8.21B9.03B8.91B9.11B
Total Equity2.46B1.89B1.96B8.65B8.37B8.27B8.56B9.84B10.32B10.16B9.76B9.53B
Cash285.60M274.82M198.12M179.88M144.94M92.26M213.42M610.17M262.87M700.62M174.49M129.97M
Total Debt6.56B10.07B9.89B9.69B11.54B10.63B11.87B10.21B8.43B8.55B8.20B8.38B
Net Debt6.28B7.45B7.37B9.47B9.10B8.38B7.82B7.39B7.51B7.85B8.03B8.25B

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow48.45M197.47M250.13M259.79M561.24M662.13M696.71M907.66M1.02B1.11B1.08B1.21B
Investing Cash Flow-1.90B-859.83M-255.04M53.28M62.99M102.23M-425.16M-1.16B-814.41M-773.55M-465.87M-652.57M
Financing Cash Flow1.71B651.58M-71.79M-331.31M-680.80M-838.10M-146.03M658.99M-574.11M110.02M-1.09B-618.49M
Capital Expenditure60.96M51.80M49.79M62.54M145.72M164.24M172.28M162.83M208.07M221.10M219.39M242.75M
Free Cash Flow-12.51M145.67M200.33M197.25M415.53M497.89M524.43M744.83M815.52M885.99M862.41M963.48M
Dividends Paid787.60M682.61M136.00K69.00M230.07M276.68M332.15M393.81M539.03M638.13M689.24M712.84M
FCF to OCF-25.82%73.77%80.09%75.93%74.04%75.19%75.27%82.06%79.67%80.03%79.72%79.88%
Dividend Paid to FCF-6294.74%468.60%0.07%34.98%55.37%55.57%63.34%52.87%66.10%72.02%79.92%73.99%

Earnings

Report DateNov 30, 2016Mar 30, 2017May 11, 2017Aug 10, 2017Nov 8, 2017Feb 21, 2018May 14, 2018Aug 9, 2018Nov 5, 2018Feb 14, 2019May 6, 2019Jul 30, 2019Oct 29, 2019Feb 18, 2020May 6, 2020Aug 3, 2020Oct 28, 2020Feb 16, 2021Apr 28, 2021Jul 28, 2021Oct 27, 2021Feb 15, 2022Apr 27, 2022Jul 27, 2022Oct 26, 2022Feb 15, 2023May 1, 2023Jul 26, 2023Oct 25, 2023Feb 13, 2024Apr 30, 2024Jul 24, 2024Oct 30, 2024Feb 11, 2025Apr 30, 2025Jul 30, 2025Oct 29, 2025Feb 18, 2026Apr 29, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate0.00-0.050.010.020.040.010.01-0.01-0.010.020.030.030.030.070.060.060.040.060.060.070.080.120.270.150.160.150.160.160.160.150.160.160.150.180.140.160.150.470.150.480.47
EPS Actual-0.10-0.12-0.010.020.02-0.01-0.01-0.010.290.030.040.030.020.060.070.060.040.130.080.090.100.120.130.180.130.160.200.150.130.130.160.180.110.140.170.160.150.480.130.51-
Surprise--140.00%-200.00%0.00%-50.00%-200.00%-200.00%0.00%3000.00%50.00%33.33%0.00%-33.33%-14.29%16.67%0.00%0.00%116.67%33.33%28.57%25.00%0.00%-51.85%20.00%-18.75%6.67%25.00%-6.25%-18.75%-13.33%0.00%12.50%-26.67%-20.39%21.43%0.00%0.00%2.13%-13.33%6.25%-
Timing-After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap15.72B
Enterprise Value24.36B
Trailing P/E24.88
Forward P/E30.40
PEG Ratio12.92
Price / Sales5.52
Price / Book1.76
EPS1.07
Book Value15.33
Revenue (TTM)2.85B
Gross Profit (TTM)1.60B
EBITDA1.50B
Profit Margin23.20%
Operating Margin25.12%
Return on Equity7.05%
Return on Assets2.48%
Shares Outstanding590.62M
Shares Float536.82M
Beta0.83
Dividend Yield4.51%
Dividend Rate1.20
Payout Ratio94.49%

Analyst Ratings

Buy
Based on 24 analystsTarget 33.52
  • Strong Buy
    5
  • Buy
    6
  • Hold
    13

Ownership Breakdown

Institutions
102.70%
Insiders
0.34%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    64.32M10.89%
  • NORGES BANK
    51.51M8.72%
  • Vanguard Portfolio Management, LLC
    49.40M8.36%
  • State Street Corp
    39.23M6.64%
  • Vanguard Capital Management, LLC
    37.17M6.29%
  • Cohen & Steers Inc
    37.13M6.29%
  • FMR Inc
    18.26M3.09%
  • Geode Capital Management, LLC
    17.31M2.93%
  • Apg Investments Us Inc
    15.98M2.70%
  • Amvescap Plc.
    14.63M2.48%
  • The Goldman Sachs Group Inc
    10.15M1.72%
  • CenterSquare Investment Management LLC
    8.94M1.51%
  • Dimensional Fund Advisors, Inc.
    8.23M1.39%
  • JPMorgan Chase & Co
    8.04M1.36%
  • Charles Schwab Investment Management Inc
    7.75M1.31%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    20.10M3.40%
  • Vanguard MStar Total Stk Mkt Idx Invest
    18.87M3.19%
  • Vanguard 500 Index Investor
    14.51M2.46%
  • Vanguard Small Cap Index
    13.67M2.31%
  • Vanguard MStar Small Cap Value Index
    8.68M1.47%

Dividends

20263×
0.30Sep 24, 20260.30Jun 25, 20260.30Mar 26, 2026
20254×
0.30Dec 23, 20250.29Sep 25, 20250.29Jun 26, 20250.29Mar 27, 2025
20244×
0.29Dec 26, 20240.28Sep 26, 20240.28Jun 27, 20240.28Mar 27, 2024
20235×
0.28Dec 26, 20230.26Nov 6, 20230.26Aug 7, 20230.26May 9, 20230.26Feb 13, 2023
20224×
0.22Nov 7, 20220.22Aug 8, 20220.22May 9, 20220.22Feb 11, 2022
20214×
0.17Nov 8, 20210.17Aug 9, 20210.17May 10, 20210.17Feb 9, 2021