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): -57.65%
EPS Trend (3Y Correlation): -62.6%

INVH Revenue

Revenue Growth (3Y CAGR): 6.80%
Revenue Trend (3Y Correlation): 98.7%

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	17,483m
Sub-Industry	Single-Family Residential REITs
IPO / Inception	2017-02-01

INVH Stock Ratings

Growth Rating	-20.6%
Fundamental	60.3%
Dividend Rating	77.9%
Return 12m vs S&P 500	-26.6%
Analyst Rating	3.67 of 5

INVH Dividends

Dividend Yield 12m	4.02%
Yield on Cost 5y	4.70%
Annual Growth 5y	17.15%
Payout Consistency	98.4%
Payout Ratio	1.9%

INVH Growth Ratios

Growth Correlation 3m	-84.4%
Growth Correlation 12m	-38.2%
Growth Correlation 5y	3.6%
CAGR 5y	-1.52%
CAGR/Max DD 3y (Calmar Ratio)	-0.07
CAGR/Mean DD 3y (Pain Ratio)	-0.22
Sharpe Ratio 12m	-1.04
Alpha	-25.71
Beta	0.812
Volatility	17.25%
Current Volume	3504.5k
Average Volume 20d	4389k
Stop Loss	28 (-3.1%)
Signal	0.22

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (545.0m TTM) > 0 and > 6% of Revenue (6% = 160.5m TTM)

FCFTA 0.05 (>2.0%) and ΔFCFTA 0.02pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -12.24% (prev 34.15%; Δ -46.39pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 1.13b > Net Income 545.0m (YES >=105%, WARN >=100%)

Net Debt (8.11b) to EBITDA (1.64b) ratio: 4.96 <= 3.0 (WARN <= 3.5)

Current Ratio 0.61 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (613.3m) change vs 12m ago -0.09% (target <= -2.0% for YES)

Gross Margin 58.94% (prev 59.27%; Δ -0.34pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 14.12% (prev 13.21%; Δ 0.91pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.53 (EBITDA TTM 1.64b / Interest Expense TTM 357.9m) >= 6 (WARN >= 3)

Altman Z'' -0.24

(A) -0.02 = (Total Current Assets 520.9m - Total Current Liabilities 848.3m) / Total Assets 18.66b

(B) -0.08 = Retained Earnings (Balance) -1.53b / Total Assets 18.66b

(D) -0.17 = Book Value of Equity -1.51b / Total Liabilities 8.96b

Total Rating: -0.24 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 60.27

1. Piotroski 3.50pt = -1.50

2. FCF Yield 3.51% = 1.75

3. FCF Margin 33.58% = 7.50

4. Debt/Equity 0.85 = 2.16

5. Debt/Ebitda 4.96 = -2.50

6. ROIC - WACC (= -1.51)% = -1.88

7. RoE 5.58% = 0.47

8. Rev. Trend 98.69% = 7.40

9. EPS Trend -62.56% = -3.13

What is the price of INVH shares?

As of October 24, 2025, the stock is trading at USD 28.89 with a total of 3,504,533 shares traded.
Over the past week, the price has changed by +1.62%, over one month by -1.65%, over three months by -10.10% and over the past year by -13.64%.

Is Invitation Homes a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Invitation Homes is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 60.27 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 27.38 USD . This means that INVH is currently overvalued and has a potential downside of -5.23%.

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	36.5	26.4%
Analysts Target Price	36.5	26.4%
ValueRay Target Price	30	3.7%

INVH Fundamental Data Overview October 20, 2025

Market Cap USD = 17.48b (17.48b USD * 1.0 USD.USD)
P/E Trailing = 32.0449
P/E Forward = 35.461
P/S = 6.6036
P/B = 1.8197
P/EG = 12.9175
Beta = 0.812
Revenue TTM = 2.68b USD
EBIT TTM = 904.7m USD
EBITDA TTM = 1.64b USD
Long Term Debt = 7.63b USD (from longTermDebt, last quarter)
Short Term Debt = 540.0m USD (from shortTermDebt, last quarter)
Debt = 8.17b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.11b USD (from netDebt column, last quarter)
Enterprise Value = 25.59b USD (17.48b + Debt 8.17b - CCE 65.1m)
Interest Coverage Ratio = 2.53 (Ebit TTM 904.7m / Interest Expense TTM 357.9m)
FCF Yield = 3.51% (FCF TTM 898.3m / Enterprise Value 25.59b)
FCF Margin = 33.58% (FCF TTM 898.3m / Revenue TTM 2.68b)
Net Margin = 20.37% (Net Income TTM 545.0m / Revenue TTM 2.68b)
Gross Margin = 58.94% ((Revenue TTM 2.68b - Cost of Revenue TTM 1.10b) / Revenue TTM)
Gross Margin QoQ = 58.89% (prev 59.35%)
Tobins Q-Ratio = 1.37 (Enterprise Value 25.59b / Total Assets 18.66b)
Interest Expense / Debt = 1.07% (Interest Expense 87.4m / Debt 8.17b)
Taxrate = 0.32% (1.45m / 455.4m)
NOPAT = 901.8m (EBIT 904.7m * (1 - 0.32%))
Current Ratio = 0.61 (Total Current Assets 520.9m / Total Current Liabilities 848.3m)
Debt / Equity = 0.85 (Debt 8.17b / totalStockholderEquity, last quarter 9.67b)
Debt / EBITDA = 4.96 (Net Debt 8.11b / EBITDA 1.64b)
Debt / FCF = 9.03 (Net Debt 8.11b / FCF TTM 898.3m)
Total Stockholder Equity = 9.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.92% (Net Income 545.0m / Total Assets 18.66b)
RoE = 5.58% (Net Income TTM 545.0m / Total Stockholder Equity 9.76b)
RoCE = 5.20% (EBIT 904.7m / Capital Employed (Equity 9.76b + L.T.Debt 7.63b))
RoIC = 4.97% (NOPAT 901.8m / Invested Capital 18.14b)
WACC = 6.48% (E(17.48b)/V(25.66b) * Re(9.01%) + D(8.17b)/V(25.66b) * Rd(1.07%) * (1-Tc(0.00)))
Discount Rate = 9.01% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.03%
[DCF Debug] Terminal Value 75.81% ; FCFE base≈907.7m ; Y1≈965.2m ; Y5≈1.16b
Fair Price DCF = 27.73 (DCF Value 17.00b / Shares Outstanding 613.0m; 5y FCF grow 7.00% → 3.0% )
EPS Correlation: -62.56 | EPS CAGR: -57.65% | SUE: -4.0 | # QB: 0
Revenue Correlation: 98.69 | Revenue CAGR: 6.80% | SUE: 1.37 | # QB: 2

Additional Sources for INVH Stock

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