INVH Stock Analysis: Invitation Homes | NYSE
REIT - Residential | NYSE, USA | Market Cap: 15.551m USD | 12M Return: -3.5% | US46187W1071 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 145M
EPS Trend: 72.9%
Qual. Beats: 1
Rev. Trend: 99.2%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 9.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Invitation Homes Inc. (NYSE: INVH) is the nations largest single-family home leasing and management company, focused on addressing U.S. housing needs through new home development and strategic partnerships. The company operates under the purpose of Unlock the Power of Home, offering high-quality rental living solutions to tenants seeking flexibility and value. Invitation Homes was incorporated on June 6, 2012, and is headquartered in Dallas, Texas.
The company is classified as an S&P 500 large-cap stock with a market capitalization of $15.55 billion USD and completed its IPO in February 2017. As a single-family residential REIT, Invitation Homes generates revenue primarily by leasing individual houses to tenants, a business model that sits at the intersection of real estate and residential rental housing demand in the United States. Single-family rental REITs have grown in prominence as rising home prices have made renting a more attractive option for many households.
- Sun Belt rental demand drives same-store revenue growth
- Interest rate cuts accelerate home acquisitions and ease debt costs
- Rising new home supply pressures occupancy and rent growth
| Net Income: 660.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.21 > 1.0 |
| NWC/Revenue: -23.72% < 20% (prev -12.24%; Δ -11.48% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.20b > Net Income 660.6m |
| Net Debt (8.47b) to EBITDA (1.74b): 4.86 < 3 |
| Current Ratio: 0.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (592.5m) vs 12m ago -3.39% < -2% |
| Gross Margin: 44.37% > 18% (prev 58.94%; Δ -14.57% > 0.5%) |
| Asset Turnover: 15.39% > 50% (prev 14.34%; Δ 1.05% > 0%) |
| Interest Coverage Ratio: 2.64 > 6 (EBIT TTM 979.0m / Interest Expense TTM 371.0m) |
| A: -0.04 (Total Current Assets 327.3m - Total Current Liabilities 1.00b) / Total Assets 18.4b |
| B: -0.09 (Retained Earnings -1.59b / Total Assets 18.4b) |
| C: 0.05 (EBIT TTM 979.0m / Avg Total Assets 18.6b) |
| D: 0.97 (Book Value of Equity 9.05b / Total Liabilities 9.36b) |
| Altman-Z'' = 0.85 = B |
| DSRI: 1.47 (Receivables 99.3m/63.5m, Revenue 2.86b/2.68b) |
| GMI: 1.33 (GM 58.94% / 44.37%) |
| AQI: 0.07 (AQ_t 0.07 / AQ_t-1 0.97) |
| SGI: 1.07 (Revenue 2.86b / 2.68b) |
| TATA: -0.03 (NI 660.6m - CFO 1.20b) / TA 18.4b) |
| Beneish M = -2.85 (Cap -4..+1) = A |
As of October 06, 2026, the stock is trading at USD 26.06 with a total of 4,897,204 shares traded. Over the past week, the price has changed by -1.81%, over one month by -6.61%, over three months by -12.21% and over the past year by -3.45%.
Current recommended Stop Loss: 25.00 (which is 4.1% or 2.4 ATR below the current price).
Invitation Homes has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold INVH.
- StrongBuy: 5
- Buy: 6
- Hold: 13
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 33.5 | 28.6% |
P/E Trailing = 24.156
P/E Forward = 30.3951
P/S = 5.4604
P/B = 1.7567
P/EG = 12.9175
Revenue TTM = 2.86b USD
EBIT TTM = 979.0m USD
EBITDA TTM = 1.74b USD
Long Term Debt = 8.25b USD (from longTermDebt, last quarter)
Short Term Debt = 3.17m USD (from shortTermDebt, last quarter)
Debt = 8.55b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.47b USD (calculated: Debt 8.55b - CCE 75.8m)
Enterprise Value = 24.0b USD (15.6b + Debt 8.55b - CCE 75.8m)
Interest Coverage Ratio = 2.64 (Ebit TTM 979.0m / Interest Expense TTM 371.0m)
EV/FCF = 21.74x (Enterprise Value 24.0b / FCF TTM 1.10b)
FCF Yield = 4.60% (FCF TTM 1.10b / Enterprise Value 24.0b)
FCF Margin = 38.70% (FCF TTM 1.10b / Revenue TTM 2.86b)
Net Margin = 23.14% (Net Income TTM 660.6m / Revenue TTM 2.86b)
Gross Margin = 44.37% ((Revenue TTM 2.86b - Cost of Revenue TTM 1.59b) / Revenue TTM)
Gross Margin QoQ = 55.10% (prev 55.10%)
Tobins Q-Ratio = 1.30 (Enterprise Value 24.0b / Total Assets 18.4b)
Interest Expense / Debt = 4.34% (Interest Expense 371.0m / Debt 8.55b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 773.4m (EBIT 979.0m * (1 - 21.00%))
Current Ratio = 0.25 (Total Current Assets 327.3m / Total Current Liabilities 1.33b)
Debt / Equity = 0.94 (Debt 8.55b / totalStockholderEquity, last quarter 9.05b)
Debt / EBITDA = 4.86 (Net Debt 8.47b / EBITDA 1.74b)
Debt / FCF = 7.67 (Net Debt 8.47b / FCF TTM 1.10b)
Total Stockholder Equity = 9.33b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.56% (Net Income 660.6m / Total Assets 18.4b)
RoE = 7.08% (Net Income TTM 660.6m / Total Stockholder Equity 9.33b)
RoCE = 5.57% (EBIT 979.0m / Capital Employed (Equity 9.33b + L.T.Debt 8.25b))
RoIC = 4.21% (NOPAT 773.4m / Invested Capital 18.4b)
WACC = 5.30% (E(15.6b)/V(24.1b) * Re(6.33%) + D(8.55b)/V(24.1b) * Rd(4.34%) * (1-Tc(0.21)))
Discount Rate = 6.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -67.59 | Cagr: -1.56%
[DCF] Terminal Value 75.77% ; FCFF base≈1.09b ; Y1≈1.12b ; Y5≈1.24b
[DCF] Fair Price = 18.13 (EV 19.2b - Net Debt 8.47b = Equity 10.7b / Shares 590.6m; r=8.35% [WACC [floored]]; 5y FCF grow 2.52% → 2.50% )
EPS Correlation: 72.93 | EPS CAGR: 23.53% | SUE: 1.17 | # QB: 1
Revenue Correlation: 99.16 | Revenue CAGR: 6.15% | SUE: 0.90 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.14 | Chg30d=-0.57% | Revisions=+40% | Analysts=1
EPS current Year (2026-12-31): EPS=0.80 | Chg30d=+29.24% | Revisions=+0% | GrowthEPS=+27.7% | GrowthRev=+8.7%
EPS next Year (2027-12-31): EPS=0.71 | Chg30d=+4.82% | Revisions=+29% | GrowthEPS=-10.7% | GrowthRev=+2.0%
[Analyst] Revisions Ratio: +36% (up=6, down=2)