Overview Dividends

(INVH) Invitation Homes - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US46187W1071

Single-Family Rentals, Leasing

INVH EPS (Earnings per Share)

EPS Growth (3Y CAGR): -1.66%
EPS Trend (3Y Correlation): -48.9%

INVH Revenue

Revenue Growth (3Y CAGR): 6.43%
Revenue Trend (3Y Correlation): 98.4%

Description: INVH Invitation Homes October 16, 2025

Invitation Homes (NYSE: INVH) is the largest publicly traded single-family rental (SFR) operator in the United States and a constituent of the S&P 500. The company’s business model centers on acquiring, renovating, and leasing high-quality homes in markets with strong employment prospects and reputable schools, positioning itself to capture the growing demand for flexible, cost-effective housing solutions.

Key operational metrics as of the latest filing show a portfolio of roughly 80,000 homes with an occupancy rate near 96% and an average rent increase of about 5% year-over-year, driven by tight housing supply and rising household formation among millennials and Gen Z. Financially, INVH reported a Funds-From-Operations (FFO) growth of 12% YoY, reflecting both rent growth and effective cost controls, while its leverage ratio of 5.5× net debt to EBITDA remains above the industry median, indicating sensitivity to interest-rate fluctuations-a primary macro-economic driver for REIT valuations.

For a deeper quantitative dive, you might explore ValueRay’s analyst tools to benchmark INVH’s metrics against peers.

INVH Stock Overview

Market Cap in USD	17,385m
Sub-Industry	Single-Family Residential REITs
IPO / Inception	2017-02-01

INVH Stock Ratings

Growth Rating	-24.0%
Fundamental	63.6%
Dividend Rating	78.5%
Return 12m vs S&P 500	-24.7%
Analyst Rating	3.67 of 5

INVH Dividends

Dividend Yield 12m	4.17%
Yield on Cost 5y	4.85%
Annual Growth 5y	17.15%
Payout Consistency	98.4%
Payout Ratio	1.9%

INVH Growth Ratios

Growth Correlation 3m	-87%
Growth Correlation 12m	-46.8%
Growth Correlation 5y	-0.3%
CAGR 5y	-1.65%
CAGR/Max DD 3y (Calmar Ratio)	-0.07
CAGR/Mean DD 3y (Pain Ratio)	-0.23
Sharpe Ratio 12m	-1.30
Alpha	-25.57
Beta	0.812
Volatility	20.64%
Current Volume	2283.5k
Average Volume 20d	4389k
Stop Loss	26.9 (-3.3%)
Signal	0.38

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (586.5m TTM) > 0 and > 6% of Revenue (6% = 162.2m TTM)

FCFTA 0.06 (>2.0%) and ΔFCFTA 2.06pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -16.14% (prev 14.89%; Δ -31.03pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 1.21b > Net Income 586.5m (YES >=105%, WARN >=100%)

Net Debt (7.83b) to EBITDA (1.64b) ratio: 4.78 <= 3.0 (WARN <= 3.5)

Current Ratio 0.26 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (613.1m) change vs 12m ago -0.09% (target <= -2.0% for YES)

Gross Margin 60.01% (prev 59.02%; Δ 0.98pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 14.07% (prev 13.16%; Δ 0.91pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.52 (EBITDA TTM 1.64b / Interest Expense TTM 357.6m) >= 6 (WARN >= 3)

Altman Z'' -0.29

(A) -0.02 = (Total Current Assets 155.4m - Total Current Liabilities 591.6m) / Total Assets 18.78b

(B) -0.08 = Retained Earnings (Balance) -1.57b / Total Assets 18.78b

(D) -0.17 = Book Value of Equity -1.56b / Total Liabilities 9.12b

Total Rating: -0.29 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 63.55

1. Piotroski 5.50pt = 0.50

2. FCF Yield 4.55% = 2.28

3. FCF Margin 42.86% = 7.50

4. Debt/Equity 0.86 = 2.15

5. Debt/Ebitda 4.78 = -2.50

6. ROIC - WACC (= -1.45)% = -1.81

7. RoE 6.05% = 0.50

8. Rev. Trend 98.36% = 7.38

9. EPS Trend -48.88% = -2.44

What is the price of INVH shares?

As of November 07, 2025, the stock is trading at USD 27.81 with a total of 2,283,462 shares traded.
Over the past week, the price has changed by -2.11%, over one month by -1.45%, over three months by -7.17% and over the past year by -13.56%.

Is Invitation Homes a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Invitation Homes is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 63.55 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of INVH is around 26.32 USD . This means that INVH is currently overvalued and has a potential downside of -5.36%.

Is INVH a buy, sell or hold?

Invitation Homes has received a consensus analysts rating of 3.67. Therefor, it is recommend to hold INVH.

Strong Buy: 5
Buy: 6
Hold: 13
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the INVH price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	35.8	28.7%
Analysts Target Price	35.8	28.7%
ValueRay Target Price	28.8	3.6%

INVH Fundamental Data Overview November 05, 2025

Market Cap USD = 17.39b (17.39b USD * 1.0 USD.USD)
P/E Trailing = 29.8526
P/E Forward = 35.461
P/S = 6.4638
P/B = 1.8197
P/EG = 12.9175
Beta = 0.812
Revenue TTM = 2.70b USD
EBIT TTM = 899.8m USD
EBITDA TTM = 1.64b USD
Long Term Debt = 7.63b USD (from longTermDebt, last fiscal year)
Short Term Debt = 570.0m USD (from shortTermDebt, last fiscal year)
Debt = 8.23b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.83b USD (from netDebt column, last quarter)
Enterprise Value = 25.46b USD (17.39b + Debt 8.23b - CCE 155.4m)
Interest Coverage Ratio = 2.52 (Ebit TTM 899.8m / Interest Expense TTM 357.6m)
FCF Yield = 4.55% (FCF TTM 1.16b / Enterprise Value 25.46b)
FCF Margin = 42.86% (FCF TTM 1.16b / Revenue TTM 2.70b)
Net Margin = 21.70% (Net Income TTM 586.5m / Revenue TTM 2.70b)
Gross Margin = 60.01% ((Revenue TTM 2.70b - Cost of Revenue TTM 1.08b) / Revenue TTM)
Gross Margin QoQ = 62.36% (prev 58.89%)
Tobins Q-Ratio = 1.36 (Enterprise Value 25.46b / Total Assets 18.78b)
Interest Expense / Debt = 1.10% (Interest Expense 90.8m / Debt 8.23b)
Taxrate = 0.32% (1.45m / 455.4m)
NOPAT = 896.9m (EBIT 899.8m * (1 - 0.32%))
Current Ratio = 0.26 (Total Current Assets 155.4m / Total Current Liabilities 591.6m)
Debt / Equity = 0.86 (Debt 8.23b / totalStockholderEquity, last quarter 9.63b)
Debt / EBITDA = 4.78 (Net Debt 7.83b / EBITDA 1.64b)
Debt / FCF = 6.76 (Net Debt 7.83b / FCF TTM 1.16b)
Total Stockholder Equity = 9.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.12% (Net Income 586.5m / Total Assets 18.78b)
RoE = 6.05% (Net Income TTM 586.5m / Total Stockholder Equity 9.69b)
RoCE = 5.19% (EBIT 899.8m / Capital Employed (Equity 9.69b + L.T.Debt 7.63b))
RoIC = 5.02% (NOPAT 896.9m / Invested Capital 17.87b)
WACC = 6.47% (E(17.39b)/V(25.62b) * Re(9.01%) + D(8.23b)/V(25.62b) * Rd(1.10%) * (1-Tc(0.00)))
Discount Rate = 9.01% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.05%
[DCF Debug] Terminal Value 75.81% ; FCFE base≈1.02b ; Y1≈1.08b ; Y5≈1.30b
Fair Price DCF = 31.09 (DCF Value 19.06b / Shares Outstanding 613.0m; 5y FCF grow 7.00% → 3.0% )
EPS Correlation: -48.88 | EPS CAGR: -1.66% | SUE: -0.68 | # QB: 0
Revenue Correlation: 98.36 | Revenue CAGR: 6.43% | SUE: 1.36 | # QB: 3

Additional Sources for INVH Stock

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