Invitation Homes Stock Price, News & Analysis

Invitation Homes (NYSE: INVH) will announce its first quarter 2022 financial and operating results on April 27, 2022, after market hours. A conference call is scheduled for April 28, 2022, at 11:00 a.m. Eastern Time, which will cover the results and allow for a Q&A session. The call will be accessible via webcast on the company's investor relations site. Invitation Homes focuses on providing high-quality single-family home leasing services, aligning with changing lifestyle demands.

Invitation Homes (NYSE: INVH) announced a public offering of $600 million in Senior Notes due April 15, 2032, priced at 99.739% of the principal amount. The offering is expected to close on April 5, 2022. Proceeds will be used to repay $204.6 million of a mortgage loan and for general corporate purposes, including acquisitions and renovations. The offering is conducted under an effective shelf registration statement with the SEC, and several financial institutions are acting as joint book-running managers.

Invitation Homes (NYSE: INVH) has promoted Greg Van Winkle to Senior Vice President of Corporate Strategy & Capital Markets, effective immediately. Since joining in July 2016, Van Winkle has played a key role in securing financial capital and strategic growth for the company. CEO Dallas Tanner praised his contributions, emphasizing the importance of strong leadership in their home leasing operations. Van Winkle previously worked at Morgan Stanley, focusing on equity research in the REIT sector.

Invitation Homes (NYSE: INVH) has announced a new joint venture with Rockpoint Group, aiming to acquire higher price-point single-family rental homes in premium locations. The JV will operate with a total equity commitment of $300 million, where INVH contributes $50 million (16.7%) and Rockpoint contributes $250 million (83.3%). The initiative targets acquisitions with rents 30%-60% higher than its traditional strategy, focusing on top markets in the Western US, Southeastern US, Florida, and Texas.

Invitation Homes (NYSE: INVH) announced that CEO Dallas Tanner will speak at Citi's 2022 Global Property CEO Conference on March 8 at 2:45 p.m. ET. The event will be available via live audio webcast on the company's website, with a replay accessible until April 8, 2022. As a leading single-family home leasing company, Invitation Homes focuses on providing high-quality homes that meet modern lifestyle demands, emphasizing proximity to jobs and quality schools, with a mission to enhance living experiences.

Invitation Homes (NYSE: INVH) announced the appointment of Philip Yi as senior vice president of Marketing. Bringing over 20 years of experience, Yi will lead the marketing team to enhance brand strategy and execution. Previously, he was CEO of Modus Digital and co-founder of a fintech firm acquired by a public company. His background includes roles at Omni Hotels, JC Penney, and McKinsey, along with military service in the U.S. Navy. The company aims to provide exceptional living experiences as the leading single-family home leasing entity.

Invitation Homes Inc. (NYSE: INVH) reported strong financial results for Q4 2021 and FY 2021. Total revenues increased by 12.1% year-over-year in Q4 to $520 million, while FY revenues rose 9.5% to $1,997 million. Net income for Q4 was $74 million ($0.12/share), with FY net income at $261 million ($0.45/share). Core FFO and AFFO per share also saw substantial growth, increasing 19.7% and 21.0%, respectively. The company maintained high occupancy rates of 98.1% in Q4, while Same Store NOI grew 12.6%.

Invitation Homes (NYSE: INVH) has declared a quarterly cash dividend of $0.22 per share, marking a significant 29.4% increase from the previous dividend of $0.17. This dividend is set to be paid on or before February 28, 2022, to stockholders of record as of February 14, 2022. The company's focus on providing high-quality, updated single-family homes reflects its mission to enhance living experiences for individuals and families.

Invitation Homes (NYSE: INVH) has announced a commitment of $250 million in equity capital to launch Pathway Homes, a new real estate venture focused on innovative housing solutions in the U.S. residential market. Pathway aims to assist first-time homebuyers by allowing them to lease and eventually purchase their homes, thereby broadening housing options and promoting homeownership. Invitation Homes will also provide maintenance and management services to these properties, enhancing its third-party property management capabilities.