(INVH) Invitation Homes - Ratings and Ratios

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

Single-Family Rentals, Property Management

Stock: Single-Family Residential REITs
Age 9y

MCap 16,950m
Avg Vol 5.30M (147M USD)

Beta 0.386
Volatility 20.74%

EPS (Earnings per Share)

EPS CAGR: -45.92%
EPS Trend: -28.9%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 7.75%
Rev. Trend: 98.4%

Last SUE: 1.36
Qual. Beats: 3

Dividends

Dividend Yield	3.85%
Yield on Cost 5y	4.60%
Yield CAGR 5y	14.53%
Payout Consistency	98.6%
Payout Ratio	1.7%

Risk via 5d forecast
Volatility	20.7%
Value at Risk 5%th	33.5%
Relative Tail Risk	-1.92%

Reward TTM
Sharpe Ratio	-0.44
Alpha	-16.40
CAGR/Max DD	-0.09

Character TTM
Hurst Exponent	0.331
Beta	0.386
Beta Downside	0.294

Drawdowns 3y
Max DD	26.86%
Mean DD	8.34%
Median DD	6.90%

Description: INVH Invitation Homes December 19, 2025

Invitation Homes (NYSE: INVH) is the largest publicly-traded single-family home leasing and management platform in the United States, positioning itself as a “premier” provider of quality rentals located near employment centers and good schools. The company’s mission-“Unlock the Power of Home”-signals a focus on flexible, cost-effective housing solutions for renters, a segment that has been expanding as home-ownership affordability pressures rise.

Key operating metrics as of Q3 2024 show an occupancy rate of roughly 96 % and year-over-year rent growth near 5 %, while its funds-from-operations (FFO) per share stands at $1.12, indicating solid cash generation. INVH’s leverage remains moderate, with a debt-to-FFO ratio of about 5.5×, and the firm benefits from a low-interest-rate environment that supports cheaper financing for REITs. Macro-driven factors such as a persistent housing supply shortage, elevated mortgage rates deterring new home purchases, and demographic trends favoring long-term renting continue to underpin demand for single-family rentals.

If you want a more granular view of INVH’s valuation and scenario analysis, the research tools on ValueRay can provide useful, data-driven insights.

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income: 586.5m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA 2.06 > 1.0
NWC/Revenue: 7.73% < 20% (prev 14.89%; Δ -7.16% < -1%)
CFO/TA 0.06 > 3% & CFO 1.21b > Net Income 586.5m
Net Debt (8.07b) to EBITDA (1.68b): 4.79 < 3
Current Ratio: 1.51 > 1.5 & < 3
Outstanding Shares: last quarter (613.1m) vs 12m ago -0.09% < -2%
Gross Margin: 60.01% > 18% (prev 0.59%; Δ 5942 % > 0.5%)
Asset Turnover: 14.07% > 50% (prev 13.16%; Δ 0.91% > 0%)
Interest Coverage Ratio: 2.64 > 6 (EBITDA TTM 1.68b / Interest Expense TTM 357.6m)

Altman Z'' -0.05

A: 0.01 (Total Current Assets 616.4m - Total Current Liabilities 407.3m) / Total Assets 18.78b
B: -0.08 (Retained Earnings -1.57b / Total Assets 18.78b)
C: 0.05 (EBIT TTM 945.6m / Avg Total Assets 19.21b)
D: -0.17 (Book Value of Equity -1.56b / Total Liabilities 9.12b)
Altman-Z'' Score: -0.05 = B

Beneish M -3.07

DSRI: 0.93 (Receivables 66.4m/68.4m, Revenue 2.70b/2.58b)
GMI: 0.98 (GM 60.01% / 59.02%)
AQI: 1.05 (AQ_t 0.96 / AQ_t-1 0.92)
SGI: 1.05 (Revenue 2.70b / 2.58b)
TATA: -0.03 (NI 586.5m - CFO 1.21b) / TA 18.78b)
Beneish M-Score: -3.07 (Cap -4..+1) = AA

ValueRay F-Score (Strict, 0-100) 67.37

1. Piotroski: 6.50pt
2. FCF Yield: 4.63%
3. FCF Margin: 42.86%
4. Debt/Equity: 0.86
5. Debt/Ebitda: 4.79
6. ROIC - WACC: -0.03%
7. RoE: 6.05%
8. Revenue Trend: 98.36%
9. EPS Trend: -28.86%

What is the price of INVH shares?

As of January 26, 2026, the stock is trading at USD 27.19 with a total of 3,373,898 shares traded.
Over the past week, the price has changed by -0.37%, over one month by -0.95%, over three months by -4.81% and over the past year by -9.01%.

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	33.8	24.3%
Analysts Target Price	33.8	24.3%
ValueRay Target Price	28	3.1%

INVH Fundamental Data Overview January 21, 2026

P/E Trailing = 29.1053
P/E Forward = 34.1297
P/S = 6.302
P/B = 1.7609
P/EG = 16.6852
Revenue TTM = 2.70b USD
EBIT TTM = 945.6m USD
EBITDA TTM = 1.68b USD
Long Term Debt = 8.23b USD (from longTermDebt, last quarter)
Short Term Debt = 36.0m USD (from shortTermDebt, last quarter)
Debt = 8.23b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.07b USD (from netDebt column, last quarter)
Enterprise Value = 25.02b USD (16.95b + Debt 8.23b - CCE 155.4m)
Interest Coverage Ratio = 2.64 (Ebit TTM 945.6m / Interest Expense TTM 357.6m)
EV/FCF = 21.60x (Enterprise Value 25.02b / FCF TTM 1.16b)
FCF Yield = 4.63% (FCF TTM 1.16b / Enterprise Value 25.02b)
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 = 1.33 (Enterprise Value 25.02b / Total Assets 18.78b)
Interest Expense / Debt = 1.10% (Interest Expense 90.8m / Debt 8.23b)
Taxrate = 0.32% (1.45m / 455.4m)
NOPAT = 942.6m (EBIT 945.6m * (1 - 0.32%))
Current Ratio = 1.51 (Total Current Assets 616.4m / Total Current Liabilities 407.3m)
Debt / Equity = 0.86 (Debt 8.23b / totalStockholderEquity, last quarter 9.63b)
Debt / EBITDA = 4.79 (Net Debt 8.07b / EBITDA 1.68b)
Debt / FCF = 6.97 (Net Debt 8.07b / FCF TTM 1.16b)
Total Stockholder Equity = 9.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.05% (Net Income 586.5m / Total Assets 18.78b)
RoE = 6.05% (Net Income TTM 586.5m / Total Stockholder Equity 9.69b)
RoCE = 5.28% (EBIT 945.6m / Capital Employed (Equity 9.69b + L.T.Debt 8.23b))
RoIC = 5.27% (NOPAT 942.6m / Invested Capital 17.87b)
WACC = 5.30% (E(16.95b)/V(25.18b) * Re(7.34%) + D(8.23b)/V(25.18b) * Rd(1.10%) * (1-Tc(0.00)))
Discount Rate = 7.34% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -0.05%
[DCF Debug] Terminal Value 86.92% ; FCFF base≈1.02b ; Y1≈1.08b ; Y5≈1.29b
Fair Price DCF = 49.39 (EV 38.35b - Net Debt 8.07b = Equity 30.28b / Shares 613.0m; r=5.90% [WACC]; 5y FCF grow 7.00% → 2.90% )
EPS Correlation: -28.86 | EPS CAGR: -45.92% | SUE: -4.0 | # QB: 0
Revenue Correlation: 98.36 | Revenue CAGR: 7.75% | SUE: 1.36 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.16 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=0.75 | Chg30d=+0.020 | Revisions Net=-1 | Growth EPS=-1.6% | Growth Revenue=+3.4%

Additional Sources for INVH Stock

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