# Invitation Homes Inc. (INVH) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $28.39, market value $16.9 billion.

## Valuation
- **P/E (trailing): 26.0×** (5-yr avg 46.6×, 3-yr avg 35.2×). Invitation Homes Inc. trades at 26.0× trailing earnings, well below its own five-year average of 46.6×: cheap by its own standards. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 41.6×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 1.40**. A PEG of 1.40 is in the range usually read as fairly priced for its growth.
- **Price / sales: 7.9×**. Each dollar of revenue is priced at 7.9×.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **Earnings yield: 3.8%**. The inverse of the P/E: 3.8% of the price is earned each year.

## Profitability
- **Net margin: 21.5%**. 21.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 6.2%**. 6.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 3.5%**. Each dollar of assets produces 3.5% of profit.

## Growth
- **Revenue growth (1 yr): 4.2%** (3-yr 6.8%/yr, 5-yr 8.4%/yr). Revenue grew 4.2% over the last year, against 8.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 29.7%** (3-yr 15.1%/yr, 5-yr 22.4%/yr). Earnings per share rose 29.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.88**. Debt is 0.88 times equity, moderate leverage.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.23%** ($1.19 per share, trailing). Invitation Homes Inc. yields 4.23%, an income-level yield.
- **Payout ratio: 121%**. The dividend exceeds earnings (121% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): 14.3%/yr** (1-yr 3.5%). The dividend has compounded at 14.3% a year over five years, doubling roughly every 5 years at that pace.

## Analyst view
- **Analyst consensus: buy** (23 analysts). 23 analysts cover Invitation Homes Inc.; the consensus is buy, with an average price target of $33.61 (+18% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -2.3%** (YTD 4.5%, 3-mo -4.5%). The shares are down 2.3% over twelve months including dividends.
- **From 52-week high: -8.1%** (17.1% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 31**. An RSI of 31 is neutral.
- **Beta (1 yr): 0.10** (volatility 21%). Beta of 0.10 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=INVH · Page: https://foliofundamentals.com/stocks/invh

Not investment advice.
