Invitation Homes IncNYSE: INVH
Real Estate · Single-Family Residential REITs
$28.56
-0.75%
Vol: 3.1M
Research Digest
Friday, May 1, 2026
Invitation Homes beats Q1 EPS by 44% on occupancy rebound; keeps FY26 guidance
Invitation Homes reported Q1 2026 EPS of $0.26 beating forecast by 44.44% and revenue of $734.1M beating forecast by 6.39%. Same-store occupancy rebounded to 96.3% in Q1 and climbed to 97.1% in April—80 bps sequential improvement. Core revenue growth of 1.6% YoY hampered by new-lease rent growth decline of 3.0% amid elevated supply. Company updated FY26 guidance with EPS of 1.900-1.980 vs. consensus 1.880. Acquired ResiBuilt Homes (in-house development contractor), which delivered 300+ homes to third-party customers in Q1. Accelerated capital return with $439M buybacks and new $500M authorization. Dispositions ahead of expectations at 483 homes for $206M. Stock up 1 month (15.77%) and 7-day (5.38%).
Previous Market Intelligence
13 daysApr 30Invitation Homes beats Q1 earnings, maintains FY26 guidance, accelerates buybacksPositive▶
Invitation Homes reported Q1 2026 revenue of $734.1 million, up 8.8% YoY, with EPS of $0.26 beating forecast by 44.44%. Core FFO per share remained flat at $0.48 YoY. Management confirmed sequential occupancy improvement and positive rent growth trends heading into peak leasing season. The company maintains FY26 guidance while accelerating share buybacks; the board approved a new $500 million repurchase authorization after retiring 19M shares at $25.86 average price. ResiBuilt acquisition delivered over 300 homes in Q1.
Apr 16Invitation Homes acquired build-to-rent developer ResiBuilt for $89M to expand development capabilitiesPositive▶
Invitation Homes completed the acquisition of ResiBuilt Homes LLC, a leading BTR developer in Southeast markets, for $89M plus up to $7.5M in earn-out payments. ResiBuilt has delivered over 4,200 homes since 2018. The company also increased its dividend 3.4% to $0.30 per share and repurchased $100.05M in stock, reflecting confidence in 2026 guidance (1.3-2.5% same-store core revenue growth).
Apr 15Invitation Homes increases dividend 3.4% to $0.30/share; Q1 2026 earnings April 29.Neutral▶
Invitation Homes declared quarterly cash dividend of $0.30/share payable on or before April 17, 2026, reflecting a 3.4% increase and confidence in cash flow generation. The company acquired ResiBuilt Homes in January for $89M plus up to $7.5M earn-out, adding 4,200+ homes to portfolio. Q1 2026 earnings and operating results due April 29 after market close. No material overnight catalysts; dividend increase viewed as positive signal on portfolio strength.
Apr 14Invitation Homes reports Q1 results April 29, raises dividend 3.4% to $0.30/share amid FTC settlement on rental compliance.Mixed▶
Invitation Homes will release Q1 2026 earnings after market close April 29 with webcast April 30 at 11:00 AM ET. Company declared quarterly dividend of $0.30 per share (up 3.4%). FTC settlement highlights regulatory focus on institutional landlord compliance and undisclosed fees. Analyst consensus Buy with $32.44 PT (29.19% upside).
Apr 13Invitation Homes scheduled Q1 earnings April 29 and increased quarterly dividend 3.4% to $0.30 per share.Neutral▶
Invitation Homes announced Q1 2026 earnings release April 29 after market close. Company declared $0.30 quarterly dividend (up 3.4%). Recent FTC settlement highlights compliance costs. Company recently acquired ResiBuilt to enhance development capabilities.
Apr 10Invitation Homes acquired ResiBuilt developer for $89M, raised dividend; faces regulatory scrutiny on institutional purchases.Mixed▶
Invitation Homes acquired ResiBuilt Homes LLC, a build-to-rent developer with 4,200+ homes in high-growth Southeast markets, for $89 million. The company increased its dividend by 3.4% to $0.30 per share. INVH stock gained 2.18% to $27.65, with a 12-month analyst target of $32.44. Q1 2026 earnings are scheduled for April 29.
Apr 9Invitation Homes acquires ResiBuilt for $89M plus earn-outs, expanding build-to-rent developmentPositive▶
Invitation Homes announced acquisition of ResiBuilt Homes for $89 million plus up to $7.5 million in incentive-based earn-outs, expanding presence in high-growth Southeast markets. The company increased quarterly dividend by 3.4% to $0.30 per share, reflecting confidence in cash flow generation. Q1 2026 earnings expected April 29 with analyst guidance of $0.46 per share (down 4.2% YoY). INVH trades at $27.65 with 29.19% upside to $32.44 price target from 18 analysts. The acquisition supports REIT's build-to-rent expansion strategy amid continued Sunbelt demand.
Apr 8Invitation Homes Acquires ResiBuilt for $89M to Enhance Development CapabilitiesPositive▶
Invitation Homes announced the acquisition of ResiBuilt Homes for $89 million plus up to $7.5 million in earn-out payments. ResiBuilt has delivered over 4,200 homes since 2018. The company also increased its dividend 3.4% to $0.30 per share. Analysts maintain Buy rating with average price target of $32.44, representing 29.19% upside. Single-family rental REITs faced pressure after Trump floated banning institutional investors from purchasing single-family homes.
Apr 7No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Apr 6Invitation Homes acquired ResiBuilt for $89M; FTC settlement of $48M for tenant practices.Positive▶
Invitation Homes announced acquisition of ResiBuilt Homes, a leading build-to-rent developer, for $89M plus up to $7.5M earn-outs. Increased quarterly dividend 3.4% to $0.30/share. However, agreed to $48M FTC settlement for unlawful tenant practices including junk fees and security deposit violations. Analysts remain optimistic with Buy rating and $32.44 PT.
Apr 3Invitation Homes increased quarterly dividend by 3.4% to $0.30 per share amid $47.2M FTC settlement over undisclosed renter fees.Mixed▶
Invitation Homes declared a quarterly cash dividend of $0.30 per share, representing a 3.4% increase, payable on or before April 17, 2026. However, the company is managing the impact of a $47.2 million Federal Trade Commission settlement for undisclosed renter fees. Growing policy scrutiny of institutional ownership in single-family housing raises questions about long-term valuation.
Apr 2Invitation Homes acquires ResiBuilt for $89M plus $7.5M earn-out; increases quarterly dividend 3.4% to $0.30/share.Positive▶
INVH completed acquisition of ResiBuilt Homes, a Southeast build-to-rent developer, for $89M upfront plus potential $7.5M in earn-out payments. ResiBuilt has delivered 4,200+ homes across Georgia, Florida, and Carolinas since 2018. Company declared $0.30/share quarterly dividend (up 3.4%) payable April 17. INVH manages 110,064 total units across portfolio. Stock upgraded to Buy with valuation at attractive 13x forward P/FFO and 4.7% yield.
Apr 1Invitation Homes acquired ResiBuilt for $89M to enhance development capabilities in high-growth Southeast markets.Positive▶
Invitation Homes completed acquisition of ResiBuilt Homes LLC for $89M plus up to $7.5M in earn-out payments. Company reaffirmed 2026 same-store core revenue growth guidance of 1.3-2.5%. Recently paid $48M FTC settlement for undisclosed fees.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| INVHINVITATION | $28.56 | -0.75% | +13.0% | 41.0x | 0.82 | $17.2B |
| WELLWELLTOWER | $217.35 | +0.00% | +8.2% | 66.1x | — | $153.2B |
| PLDPROLOGIS | $141.40 | -0.43% | +7.3% | 41.8x | 1.41 | $132.4B |
| EQIXEQUINIX | $1,082.36 | -0.04% | +6.6% | 49.5x | 1.00 | $106.8B |
| AMTAMERICAN | $181.72 | -0.54% | +3.7% | 26.4x | 0.93 | $85.1B |
| SPGSIMON | $202.41 | -0.64% | +7.1% | 29.5x | 1.40 | $77.5B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.