Welcome to our dedicated page for Invitation Homes news (Ticker: INVH), a resource for investors and traders seeking the latest updates and insights on Invitation Homes stock.
News for Invitation Homes Inc. (NYSE: INVH) centers on its role as an S&P 500 company focused on single-family home leasing and management. The company describes itself as the nation’s premier single-family home leasing and management company, and its news flow reflects operating performance, capital markets activity, dividends, sustainability initiatives, and investor communications.
Regular earnings releases provide detailed updates on total revenues, property operating and maintenance costs, net income available to common stockholders, FFO, Core FFO, AFFO, and Same Store NOI. These releases also highlight Same Store portfolio metrics such as Core Revenues growth, Core Operating Expenses growth, average occupancy, bad debt as a percentage of gross rental revenue, turnover rates, and rental rate growth for renewals and new leases. Commentary from management often discusses resident demand, renewal rent growth, and portfolio performance.
Investors can also follow capital markets and balance sheet developments through news items on senior notes offerings, term loan amendments, credit rating actions, and liquidity levels. For example, the company has announced the pricing and closing of 4.950% Senior Notes due 2033 and has discussed its mix of unsecured and secured debt and the percentage of debt that is fixed rate or swapped to fixed rate.
Additional news covers dividends, dual listing activity, and impact reporting. Invitation Homes has announced quarterly cash dividends on its common stock, a dual listing on NYSE Texas while maintaining its primary NYSE listing, and the release of its 2024 Impact Report, “Bringing Sustainability Home,” which highlights smart home technology deployment, sustainable materials, property enhancements, volunteer efforts, and rooftop solar installations.
Corporate governance and leadership updates, such as executive role changes and planned retirements reported via Form 8-K and press releases, also appear in the news stream. For ongoing insight into Invitation Homes’ operations, portfolio metrics, and strategic priorities, readers can monitor this page for the latest company-issued news and related regulatory disclosures.
Invitation Homes (NYSE: INVH) has announced participation in Nareit's REITweek: 2021 Virtual Investor Conference on June 9, 2021. The company reported notable operational growth for May 2021, including a 14.1% increase in same-store new lease rates and a 5.9% rise in renewal rates. With an occupancy rate of 98.3%, Invitation Homes has adjusted its Core FFO and AFFO guidance upwards by $0.04 and $0.05, respectively, reflecting a positive outlook for the year.
Invitation Homes (NYSE: INVH) has issued $300 million in senior unsecured notes with a weighted average coupon of 2.82%. This placement follows a ‘BBB’ rating from Fitch Ratings, enabling its closure on May 25, 2021. The notes consist of a $150 million tranche maturing in 2028 at 2.46% and another $150 million tranche maturing in 2036 at 3.18%. Proceeds will be utilized for general corporate purposes, including prepayment of high-cost classes of various securitizations maturing between December 2024 and January 2026. The transaction aims to diversify the company's balance sheet.
Invitation Homes reported a 5.7% increase in total revenues to $475 million for Q1 2021, alongside a 14.9% rise in net income to $57 million. Core FFO per share grew 4.5% to $0.36, while AFFO per share increased 6.8% to $0.31. The company achieved a 98.4% occupancy rate, up 170 basis points year-over-year, and reported strong rent growth with 7.9% for new leases. Following a quarter of significant acquisitions, the company also received investment-grade ratings from major agencies, enhancing its financial positioning.
Invitation Homes (NYSE: INVH) has received a ‘Baa3’ rating with a Stable outlook from Moody's Investor Services. This rating reflects the Company’s leading position in the single-family rental market and its strong balance sheet. Moody's highlighted the substantial unencumbered portfolio located in desirable neighborhoods, along with the Company's resilience during the COVID-19 pandemic. The report notes that Invitation Homes benefits from favorable market conditions, including high demand, demographic shifts, and limited supply, which support growth in the sector.
Invitation Homes has declared a quarterly cash dividend of $0.17 per share, payable on or before May 28, 2021, to shareholders on record as of May 11, 2021. This dividend reflects the company’s commitment to providing returns to its investors. Invitation Homes is recognized as the leading single-family home leasing company in the U.S., focusing on high-quality homes that meet modern lifestyle demands.
Invitation Homes (NYSE: INVH) has achieved investment grade ratings from Fitch Ratings and S&P, with Fitch assigning a 'BBB' rating and S&P a 'BBB-' rating, both with stable outlooks. This milestone reflects the company's strategic efforts to reduce leverage and tap into the growing demand for single-family rentals, particularly among millennials. Fitch acknowledged the Company's asset granularity and competitive technology, while S&P highlighted strong operational performance projections due to favorable demographic trends and core market advantages in the Sunbelt region.
Invitation Homes has partnered with the Hawes Trail Alliance for three years, committing $150,000 to enhance the Hawes Trail System in Arizona. This funding will support the HTA’s Master Trail Plan, which includes developing new trails, installing signage, and improving safety and awareness. The initiative aims to engage over 8,000 residents near the trails, fostering community service and environmental awareness. CEO Dallas Tanner emphasized this partnership as part of the company’s commitment to sustainability and corporate citizenship, enhancing the outdoor experiences for residents during the pandemic.
Invitation Homes (NYSE: INVH) will release its Q1 2021 financial results on April 28, 2021, after market close. A conference call to discuss these results is scheduled for April 29, 2021, at 11:00 a.m. Eastern time, allowing analysts and investors to ask questions. The call will be accessible via webcast on the Invitation Homes Investor Relations website. The company focuses on providing high-quality, updated single-family homes, emphasizing the importance of customer service and meeting lifestyle demands.
Invitation Homes (NYSE: INVH) announced today that CEO Dallas Tanner, CFO Ernie Freedman, and COO Charles Young will partake in a roundtable discussion at Citi's 2021 Virtual Global Property CEO Conference on March 9 at 11:15 a.m. ET. Investors can access the live audio webcast on the Company’s Investor Relations website at www.invh.com. A replay will be available until April 9, 2021.
Invitation Homes announced the promotions of John Gibson to executive vice president and chief investment officer and Paul Mauk to senior vice president of Portfolio Development. Gibson, who joined in 2016, has a strong background in real estate asset management from Goldman Sachs. Mauk, with experience in real estate investment, aims to enhance revenue initiatives. Additionally, Peter DiLello and Alicia MacPhee joined the company's internal Executive Committee. CEO Dallas Tanner emphasized the value these leaders bring to the company's operations and strategy.
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