What's in the Cards for Invitation Homes This Earnings Season?
INVH's Q3 earnings are likely to have gained from its infill-located diverse portfolio in high-growth markets and high-margin third-party management business.
Want Decades of Passive Income? 3 Stocks to Buy Right Now.
REITs tend to be excellent passive income producers.
Norges Bank's Strategic Acquisition in Invitation Homes Inc.
On September 30, 2024, Norges Bank made a significant addition to its investment portfolio by acquiring 13,255,017 shares of Invitation Homes Inc. (INVH, Financial), a prominent player in the single-family rental sector. This transaction increased Norges Bank's total holdings in the company to 52,861,723 shares, reflecting a substantial commitment to INVH. The shares were purchased at a price of $35.26, marking a notable investment move by the firm.
Invitation Homes: An Above-Average REIT At A Below-Average Valuation
Invitation Homes, a real estate investment trust that owns and operates single-family homes for lease across the United States, is now a $21 billion (by market cap) real estate titan. To date, the company has increased its dividend for eight consecutive years, with a five-year dividend growth rate of 18.8%. Invitation Homes advanced its revenue from $1.1 billion in FY 2017 to $2.4 billion in FY 2023, a compound annual growth rate of 13.9%.
Invitation Homes: A Great Risk-To-Reward Profile
Invitation Homes (INVH) has underperformed its peers but offers an attractive trailing dividend yield of 3.83%, higher than its four-year average of 2.51%. The REIT enjoys a sound financial profile with a debt-to-EBITDA ratio of 5.9x and a well-balanced debt schedule, ensuring dividend sustainability with an AFFO payout ratio of 72.4%. The stock is undervalued based on where it trades vs. NAV and its historical AFFO. Offering a great risk-to-reward profile.
Why Invitation Homes Stock Sagged by Nearly 3% Today
The corporate landlord is coughing up $48 million to settle allegations of wrongdoing. It was accused of practices such as deceptive pricing and mismanagement of tenant security deposits.
US FTC reaches $48 million settlement with Invitation Homes over junk fees, costs
The U.S. Federal Trade Commission on Tuesday said Invitation Homes , the largest landlord of single-family homes in the United States, would pay more than $48 million as part of a settlement order over deceiving renters about lease costs and charging undisclosed junk fees.
Why Invitation Homes Stock Is Falling Today
Invitation Homes updated investors on the current quarter, including some indications of softening rate growth. The numbers tend to be volatile, but the news is hard to take on a day when investors are already concerned about the direction of the economy.
2 REITs For The Affordability Crisis
Average home prices in the United States have surged by 77% in roughly eight years, with the average home now selling for over $360 thousand. The affordability of homes is at its worst since the mid-1990s, with mortgage rates now around 6.5%, making it difficult for people to purchase homes. In this article, I will highlight two REITs that should benefit from the affordability crisis.
7 Safe Haven Stocks to Buy as Recession Fears Grip Wall Street
As recessionary fears grip Wall Street, it's a great time to beef up your portfolio with safe haven stocks. That's one takeaway to consider in light of recent activity roiling the stock markets.
After Plunging -6.06% in 4 Weeks, Here's Why the Trend Might Reverse for Invitation Home (INVH)
Invitation Home (INVH) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Invitation Home (INVH) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Invitation Home (INVH) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
