Invitation Homes Inc. is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States.
With approximately 80,000 homes for lease in 16 markets across the United States, the Company has built a vertically integrated operating platform that enables to acquire, renovate, lease, maintain, and manage its homes.
The Company's segment relates to acquiring, renovating, leasing, and operating single-family homes as rental properties, including single-family homes in planned unit developments.
The Company's home averages approximately 1,850 square feet with three bedrooms and two bathrooms.
The Company's business activities encompasses property operations, marketing, leasing, digital marketing, resident relations, property maintenance, investment, and asset management functions.
A letter from the CEO
Annual Earnings Beat Consensus (Year ending 12/2019)
Here at Invitation Homes, we’re committed to creating an exceptional leasing experience for our residents and leading the single-family industry by example.
As the nation’s premier home leasing company, we have an opportunity to make a profound impact by offering quality homes where our residents can feel safe and careers where our associates can thrive.?
It is important that each day, we live out our values of Unshakeable Integrity, Genuine Care, Continuous Excellence, and Standout Citizenship.
Our desire to serve our stakeholders guides our work each and every day:
We have a diverse portfolio of investors. With every decision and every action, we must continue to earn their trust in investing their hard-earned money in Invitation Homes.
To address the growing interest of investors in Environmental, Social, and Governance (ESG) efforts, we’ll continually evolve our corporate strategy in order to meet sustainability and social responsibility commitments.
We know we have room to grow, and we are committed to learning and improving our approach. In the fourth quarter of 2020, we launched a formal ESG materiality assessment to identify opportunities for Invitation Homes to make the biggest impact in the areas that our stakeholders care most about. In order to ensure consistent attention and focus on ESG matters, we have created a dedicated, cross-functional task force of associates. In addition, the Nominating and Corporate Governance Committee of the Board of Directors is responsible for monitoring, reviewing, and providing oversight with respect to the company’s ESG strategy, initiatives, and policies. This committee receives periodic updates from management regarding the company’s ESG activities and progress. We also believe in the value of feedback, and we hold ourselves accountable. To that end, we participate in the GRESB Real Estate Assessment for a third-party evaluation of our ESG performance, and we are the first US REIT ever to link the pricing of a revolving credit facility to our GRESB score.
Together, we’re building something truly amazing.
Annual Non-GAAP Earnings: $ 0.27
Announced February 18, 2020
Annual Consensus of 9 Analysts: $ 0.24
The difference from Consensus: 12.22%
2020 Earnings will announce on February 18,2021
Annual Dividend / Yield: $0.60 / 2.06%
Financial strength Analysis
INVH has a debt to total capital ratio of 50.02% which is in-line with the Equity Real Estate Investment Trusts (REITs) industry's norm.
|Date ||Event description ||Earnings per |
|Previous year's |
|October 28, 2020 ||Q3 2020 Earnings Release ||$0.06 ||$0.03 to $0.07 ||$0.06 |
|August 3, 2020 ||Q2 2020 Earnings Release ||$0.08 ||$0.02 to $0.08 ||$0.07 |
|May 6, 2020 ||Q1 2020 Earnings Release ||$0.09 ||$0.04 to $0.06 ||$0.04 |
|February 18, 2020 ||Q4 2019 Earnings Release ||$0.10 ||$0.04 to $0.08 ||$0.05 |