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INVH

INVH

Real Estate · REIT - Residential

$29.09-0.27%
Mkt Cap: $17.28BDY: 4.11%

Performance

INVH (INVH) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

INVH (INVH) operates in the REIT - Residential space within the Real Estate sector. With a market cap of $17.3B, it qualifies as a mid-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.

Bull Case3
  • Revenue growth of 9% YoY shows solid business momentum
  • Exceptional profit margin of 21.0% — the business retains a large share of each dollar earned
  • Dividend yield of 4.11% provides consistent income on top of price appreciation
Bear Case3
  • P/E of 30.6× is above average — valuation requires continued strong growth to justify
  • Earnings fell 4% YoY — profitability is under pressure
  • High debt-to-equity of 97.04× increases financial risk, especially with elevated interest rates

Verdict

Hold

Mixed signals — strengths and risks roughly balance. Wait for a clearer catalyst.

AI Insight

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AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

4.11%

5Y Avg Annual

$0.9600

Last Payment

$0.3000

Ex-Date

03/26/2026

Annual dividends paid per share

2017
2022
2026
Ex-DatePaymentAmountEst. DY
Latest03/26/2026
04/17/2026$0.30004.13%
12/23/2025
01/14/2026$0.30004.13%
09/25/2025
10/17/2025$0.29003.99%
06/26/2025
07/18/2025$0.29003.99%
03/27/2025
04/18/2025$0.29003.99%
12/26/2024
01/17/2025$0.29003.99%
09/26/2024
10/18/2024$0.28003.85%
06/27/2024
07/19/2024$0.28003.85%

Magic Number

Shares needed to self-fund your next purchase

$29.09

Price

÷

$0.3000

Last div. (quarterly)

=

97

shares

Own 97 INVH shares ($2,821.73) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$2,821.73

New shares / year

+4 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Jul 29, 2026

43

days

EPS (TTM)

$0.95

P/E (TTM)

30.6

Fwd P/E

43.8

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$17.28B
P/E Ratio30.62
Forward P/E43.79
P/B Ratio
PEG Ratio13.14
EPS (TTM)$0.95

Trading

Open
Day High
Day Low
52W High$34.19
52W Low$24.25
Volume
Avg Volume (3M)5,859,928
Beta0.85

Dividends

Dividend Yield4.11%
Annual Rate$1.20
Ex-Div Date2026-06-25
Payout Ratio124.21%

Profitability

Profit Margin20.96%
Operating Margin24.28%
ROE6.19%
ROA2.47%
Revenue Growth9.20%
Earnings Growth-3.70%

Balance Sheet

Total Revenue$2.78B
Total Debt$8.86B
Debt / Equity97.04
Current Ratio1.50
Free Cash Flow$1.02B

Fair Value Estimates

Current price: $29.09

Graham Number

√(22.5 × EPS × Book Value)

$18.09

-37.8% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$17.27

-40.6% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

7/10

70% score

Pays dividends

9Y hist.

9+ years of dividend history

Dividend consistency (5Y+)

9 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

6.2%

Return on equity — measures how efficiently capital is used

Positive profit margin

21.0%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+9.2%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

-3.7%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

97.04×

Low financial leverage reduces risk of distress

Current ratio above 1

1.50×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$170M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

4.11%

Stock must distribute income to shareholders

Related Assets

Real Estate

About INVH

Invitation Homes is a leading owner and operator of single-family homes for lease, offering residents high quality homes in sought after neighborhoods across the United States. As of December 31, 2025, we wholly own 86,192 homes for lease, jointly own 8,006 homes for lease, and provide professional third-party property and asset management services for an additional 15,866 homes, all of which are primarily located in 16 core markets across the country. These homes help meet the needs of a growing share of Americans who count on the ease, flexibility, and savings of leasing. We provide our residents access to updated homes with features they value, as well as close proximity to jobs and good schools. The continued demand for our product proves that the choice and flexibility we offer are attractive to many people. We operate in markets with strong demand drivers, high barriers to entry, and high rent growth potential, primarily in the Western United States, Florida, and the Southeast United States. Through disciplined market and asset selection, as well as through strategic mergers and acquisitions, we designed our wholly and jointly owned portfolios to capture the operating benefits of local density as well as economies of scale that we believe cannot be readily replicated. Since our founding in 2012, we have built a proven, vertically integrated operating platform that enables us to effectively and efficiently acquire, renovate, lease, maintain, and manage both the homes we own and those we manage on behalf of others. The portfolio of homes we own average approximately 1,880 square feet with three to four bedrooms and two bathrooms, appealing to a resident base that we believe is less transitory than a typical multifamily resident. We invest in the upfront renovation of homes in our portfolio in order to address capital needs, reduce ongoing maintenance costs, and drive resident demand Invitation Homes Inc. was incorporated in 6th June 2012 and is based in Dallas, United States.

Sector

Real Estate

Industry

REIT - Residential

Location

Dallas, United States

Employees

1,725