INVH may post Q2 revenue and FFO gains, backed by solid demand across key rental markets.
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Invitation Homes benefits from long-term tailwinds as home affordability remains challenged, driving more families to rent single-family homes. Recent financials show improving occupancy, accelerating lease rates, and robust rent growth, signaling a cyclical upturn as supply headwinds fade. INVH leverages its scale for cost advantages, builder discounts, and a strong acquisition pipeline, supporting attractive returns and NAV upside.
INVH acquires newly built single-family homes. It also launches a developer lending program by providing loan to develop community.
Invitation Home (INVH) reported earnings 30 days ago. What's next for the stock?
INVH leans on tech, infill rentals and strong liquidity for growth, but high debt and oversupply in some markets are key concerns.
Invitation Homes Inc. (NYSE:INVH ) Q1 2025 Earnings Conference Call May 1, 2025 11:00 AM ET Company Participants Scott McLaughlin - Senior Vice President, Investor Relations Dallas Tanner - Chief Executive Officer Charles Young - President and Chief Operating Officer Jonathan Olsen - Chief Financial Officer Scott Eisen - Chief Investment Officer Conference Call Participants Michael Goldsmith – UBS Eric Wolfe – Citibank Steve Sakwa - Evercore ISI Jana Galan - Bank of America Austin Wurschmidt - KeyBanc Capital Markets Haendel St. Juste - Mizuho Securities Jamie Feldman - Wells Fargo John Pawlowski - Green Street Adam Kramer - Morgan Stanley Brad Heffern - RBC Julien Blouin - Goldman Sachs Richard Hightower – Barclays Jesse Lederman - Zelman & Associates Juan Sanabria - BMO Capital Markets Daniel Tricarico - Scotiabank Linda Tsai – Jefferies Jason Sabshon – KBW Operator Welcome to the Invitation Homes First Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
INVH's Q1 results reflect higher same-store NOI and same-store blended rent, though lower occupancy affected the performance to some extent.
Although the revenue and EPS for Invitation Home (INVH) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Invitation Home (INVH) came out with quarterly funds from operations (FFO) of $0.48 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to FFO of $0.47 per share a year ago.
INVH's Q1 results are likely to gain from solid demand for single-family rental units, yet high unit supply in some markets might have hurt.
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