Invitation Homes, Inc. (INVH)

In the past six months, Invitation Homes' stock price has experienced movements impacted by several events. As of July 15, 2025, the share price was $31.85, a 9.72% decline over the past year. In Q1 2025, Invitation Homes reported strong financial results, leading to a stock price increase. In May 2025, the company disclosed an uptick in occupancy and blended lease rates. Citi upgraded Invitation Homes stock to Buy in June 2025. In June 2025, Invitation Homes announced the acquisition of over 300 homes directly from builders. In April 2025, S&P Global Ratings reaffirmed Invitation Homes' credit ratings and upgraded its outlook. In March 2025, Timothy J. Lobner was promoted to Executive Vice President and Chief Operating Officer. In October 2024, the company was slated to report Q3 2024 results. The market revised upward the revenue expectations for INVH for FY2025.

Demand for Invitation Homes' products and services generally experiences seasonal fluctuations. Demand for their homes remained robust into the peak leasing season in Q2 2023, with high occupancy rates. New lease rate growth peaked in May and June, following typical seasonal trends. The company expects demand to remain steady with new lease rate growth and renewals continuing reliably, even with seasonal variations. The stability and slight improvement in occupancy rates underline the persistent demand for single-family rentals in the company's target markets.

Invitation Homes, Inc. (INVH) is a leading owner, manager, and developer of single-family rental homes in the United States, operating within the Real Estate sector and the REIT - Residential industry. The company focuses on acquiring, renovating, leasing, and managing single-family residential properties, primarily in the starter and move-up segments of the housing market. As of late 2024, the company owned over 85,000 single-family homes. Its services include professionally managed single-family home rentals, resident services such as online portals and 24/7 maintenance, and value-added services like bundled internet and smart home packages.

Invitation Homes has an extensive geographic presence across 16 to 17 metropolitan areas in the United States, with a significant concentration in the Sunbelt regions and high-growth metropolitan markets. Over half of its portfolio is located in Florida, Georgia, and California, with holdings also extending to the Midwest and Northwest. Key markets include Atlanta, Phoenix, Dallas, Tampa, and Charlotte, with approximately 70% of its portfolio situated in the Western U.S. and Florida.

Invitation Homes has generally built a strong brand reputation as a reliable provider of single-family rental homes. However, in the past year, the company's reputation was significantly impacted by an action taken by the Federal Trade Commission (FTC). In September 2024, the FTC took action against Invitation Homes for allegedly deceiving renters, charging junk fees, and employing unfair eviction practices. The company settled the matter, paying $19,993 during the year ended December 31, 2024, without admitting liability.

Invitation Homes, Inc. has a mixed ownership structure, including institutional, retail, and individual investors. Approximately 82.85% to 96.79% of the stock is held by institutional shareholders, with major holders including Vanguard Group Inc. and BlackRock, Inc. Blackstone Real Estate Partners Viinq LP is the largest individual shareholder, owning 3.31% of the company. Insiders hold a smaller percentage, around 0.25% to 18.99% of the company's stock, and have sold more stock than they have bought in the past three months.