INVH

AI Research

ResiBuilt acquisition for $89M; 2026 same-store revenue guidance +1.3%-2.5%

Invitation Homes acquired ResiBuilt Homes, a leading build-to-rent developer in high-growth Southeast markets, for $89M plus up to $7.5M in potential earn-out payments. The company confirmed 2026 same-store core revenue growth guidance of 1.3%-2.5% and recently increased its dividend 3.4% to $0.30 per share. The stock is down 29.7% from its 52-week high, though 24 analysts maintain a "Moderate Buy" consensus with a $30.60 mean target representing 20.5% upside.