Stock INVH INVITATION HOMES INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Invitation Homes Inc.

Equities

INVH

US46187W1071

Residential REITs

Market Closed - Nyse
Other stock markets
 04:00:02 2024-05-09 pm EDT 		5-day change 1st Jan Change
34.98 USD +0.81% Intraday chart for Invitation Homes Inc. +1.39% +2.55%
May. 06 Zelman & Associates Adjusts Price Target on Invitation Homes to $36.25 From $35.50 MT
May. 01 Transcript : Invitation Homes Inc., Q1 2024 Earnings Call, May 01, 2024

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 16,135 16,648 27,057 18,122 20,874 21,426 - -
Enterprise Value (EV) 1 24,510 24,466 34,446 25,628 28,719 29,197 29,384 29,639
P/E ratio 111 x 84.9 x 101 x 47 x 40.1 x 47.2 x 44.3 x 38.4 x
Yield 1.8% 2.02% 1.5% 2.97% 3.87% 3.26% 3.52% 3.9%
Capitalization / Revenue 9.14 x 9.13 x 13.6 x 8.1 x 8.58 x 8.26 x 7.85 x 7.37 x
EV / Revenue 13.9 x 13.4 x 17.3 x 11.5 x 11.8 x 11.3 x 10.8 x 10.2 x
EV / EBITDA 24.8 x 23.6 x 29.4 x 19.4 x 20.3 x 19.5 x 18.6 x 17.4 x
EV / FCF - - 43.9 x 29.5 x 32.4 x 32.9 x 29.7 x 28.9 x
FCF Yield - - 2.28% 3.38% 3.08% 3.04% 3.37% 3.46%
Price to Book 1.99 x 1.99 x 2.78 x 1.76 x 2.06 x 2.17 x 2.07 x 2.02 x
Nbr of stocks (in thousands) 538,357 560,534 596,769 611,410 611,958 612,536 - -
Reference price 2 29.97 29.70 45.34 29.64 34.11 34.98 34.98 34.98
Announcement Date 2/18/20 2/16/21 2/15/22 2/15/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,765 1,823 1,997 2,238 2,432 2,594 2,730 2,905
EBITDA 1 989.8 1,038 1,171 1,318 1,413 1,498 1,580 1,707
EBIT 1 406.3 467.1 542.2 623 690.9 774.1 849.2 942
Operating Margin 23.03% 25.63% 27.16% 27.84% 28.41% 29.84% 31.1% 32.42%
Earnings before Tax (EBT) 1 50.78 142.9 202.8 294.1 337.5 417 473 539.7
Net income 1 145.1 195.8 261.1 382.7 518.8 449.8 470 528.1
Net margin 8.22% 10.74% 13.08% 17.1% 21.33% 17.34% 17.21% 18.18%
EPS 2 0.2700 0.3500 0.4500 0.6300 0.8500 0.7411 0.7903 0.9105
Free Cash Flow 1 - - 784.3 867.4 886 886.2 989.4 1,025
FCF margin - - 39.28% 38.76% 36.43% 34.16% 36.24% 35.28%
FCF Conversion (EBITDA) - - 66.96% 65.81% 62.68% 59.14% 62.62% 60.03%
FCF Conversion (Net income) - - 300.37% 226.68% 170.78% 197% 210.52% 194.08%
Dividend per Share 2 0.5400 0.6000 0.6800 0.8800 1.320 1.140 1.230 1.366
Announcement Date 2/18/20 2/16/21 2/15/22 2/15/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 520.2 532.3 557.3 568.7 579.8 589.9 600.4 617.7 624.3 646 643.6 654.4 660.2 667.5 676.6
EBITDA 1 307.9 316.9 332.7 330.4 338.2 349.6 353 353.7 357.2 371.6 371.8 370.5 378.5 382.7 387.6
EBIT 1 147.8 154.1 165.5 141.9 161.4 174.5 175.6 168.9 171.9 181.5 190.6 185.8 192.5 214.2 221
Operating Margin 28.41% 28.95% 29.7% 24.96% 27.83% 29.59% 29.24% 27.34% 27.54% 28.1% 29.61% 28.39% 29.15% 32.09% 32.67%
Earnings before Tax (EBT) 60.31 74.98 84 55.48 79.65 90.91 91.49 74.23 80.85 91.66 - - - - -
Net income 1 74.48 92.4 110.8 79.03 100.4 120.1 137.7 131.6 129.4 142.2 112.7 107.5 114.2 121.5 123.9
Net margin 14.32% 17.36% 19.88% 13.9% 17.32% 20.35% 22.94% 21.31% 20.72% 22% 17.51% 16.43% 17.3% 18.21% 18.31%
EPS 2 0.1200 0.1500 0.1800 0.1300 0.1600 0.2000 0.2200 0.2100 0.2100 0.2300 0.1836 0.1773 0.1839 0.1996 0.2086
Dividend per Share 2 0.1700 0.2200 0.2200 0.2200 0.2200 0.2600 0.2600 0.2600 0.5400 0.2800 0.2800 0.2800 0.2800 0.3086 0.3086
Announcement Date 2/15/22 4/27/22 7/27/22 10/26/22 2/15/23 5/1/23 7/26/23 10/25/23 2/13/24 4/30/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 8,375 7,818 7,388 7,506 7,845 7,770 7,957 8,213
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 8.462 x 7.531 x 6.309 x 5.695 x 5.55 x 5.186 x 5.036 x 4.81 x
Free Cash Flow 1 - - 784 867 886 886 989 1,025
ROE (net income / shareholders' equity) 1.77% 2.34% 2.85% 3.81% 5.07% 4.08% 4.83% 5.57%
ROA (Net income/ Total Assets) 0.82% 1.12% 1.45% 2.06% 2.75% 2.13% 2.49% 2.82%
Assets 1 17,680 17,449 18,022 18,537 18,879 21,079 18,911 18,701
Book Value Per Share 2 15.10 14.90 16.30 16.80 16.60 16.10 16.90 17.30
Cash Flow per Share 2 - 1.250 1.570 1.680 1.810 1.870 2.020 2.150
Capex 1 644 271 1,264 723 221 250 353 370
Capex / Sales 36.47% 14.87% 63.33% 32.28% 9.09% 9.64% 12.94% 12.75%
Announcement Date 2/18/20 2/16/21 2/15/22 2/15/23 2/13/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Invitation Homes Inc.

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
23
Last Close Price
34.98 USD
Average target price
38.1 USD
Spread / Average Target
+8.91%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Residential REITs

1st Jan change Capi.
INVITATION HOMES INC. Stock Invitation Homes Inc.
+2.55% 21.43B
AVALONBAY COMMUNITIES, INC. Stock AvalonBay Communities, Inc.
+5.30% 27.99B
EQUITY RESIDENTIAL Stock Equity Residential
+9.61% 25.41B
ESSEX PROPERTY TRUST, INC. Stock Essex Property Trust, Inc.
+4.69% 16.67B
MID-AMERICA APARTMENT COMMUNITY, INC. Stock Mid-America Apartment Community, Inc.
+1.40% 15.93B
SUN COMMUNITIES, INC. Stock Sun Communities, Inc.
-11.96% 14.66B
AMERICAN HOMES 4 RENT Stock American Homes 4 Rent
+1.22% 13.33B
UDR INC. Stock UDR Inc.
+1.96% 12.86B
EQUITY LIFESTYLE PROPERTIES, INC. Stock Equity LifeStyle Properties, Inc.
-10.63% 11.76B
CAMDEN PROPERTY TRUST Stock Camden Property Trust
+7.59% 11.38B
Residential REITs
  1. Stock Market
  2. Equities
  3. INVH Stock
  4. Financials Invitation Homes Inc.
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW