Invitation Homes Inc.
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 o…
$26.81
-$0.19 (-0.70%)
EOD Oct 21, 2026
21.54% net margin is respectable. The institution appears to be managing its interest spread and credit risk adequately.
Revenue growth slowed to 4.2%, essentially flat. This is a business that needs a catalyst.
At 25x earnings, the multiple is above the banking sector average. Financials rarely sustain elevated multiples through credit cycles.
24.6x earnings. Above the financial-sector median (~13x). The market is pricing in above-average returns or growth, any credit deterioration would compress the multiple quickly.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$2.86B
▲ +4.2% YoY
Net Income (TTM)
$661M
▲ +29.5% YoY
Net Margin
23.14%
P/E
24.6x
Balance Sheet
Total Assets
$18.45B
Equity
$9.05B
Total Debt
$8.59B
Cash & Equiv.
$76M
5Y CAGR: +8.4%
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SourceComputed from the 10-Q filed 29 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 31 Jul 2026. How this is calculated.
Price from market data, last close as of 21 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Invitation Homes (INVH) overvalued?
At a P/E of 24.6 and a price-to-free-cash-flow of 13.2, Invitation Homes (INVH) trades around a two-stage DCF intrinsic value of about $34.87 per share, so at $26.81 the stock looks around fair value (30.1% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Invitation Homes scores 69/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 4.5%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Invitation Homes's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $34.87 per share for INVH, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $26.15. At today's $26.81, that puts the stock about 30.1% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Invitation Homes a high-quality business?+
Invitation Homes scores 69 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 12.5% operating margin and a 1.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Invitation Homes (INVH) pay a dividend, and how much?+
Yes, Invitation Homes pays a regular dividend of about $1.22 per share per year (typically in quarterly installments), a yield of roughly 4.5% at the current price. That is a payout ratio of about 109.0% of earnings, so the dividend is stretched at this level. Invitation Homes has grown the dividend at roughly 16.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For INVH's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Invitation Homes a good stock to buy right now?+
That depends on valuation and quality together, not either alone. INVH currently trades around its estimated intrinsic value and scores 69/100 on quality (solid). It also yields about 4.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Real Estate Operators (No Developers) & Lessors
Spot a number that looks wrong? Check it in INVH's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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