Invitation Homes
OverviewSuggest Edit
Invitation Homes owns and manages renovated single-family homes for rent. It buys and sells vacant, leased, or occupied homes, including post-foreclosure, short sale, and non-distressed assets. The Company also offers customer, professional management and responsive maintenance, and management and resident support services.
| Type | Public | |
| Founded | 2012 | |
| HQ | Dallas, TX, US | Map |
| Website | invitationhomes.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Invitation Homes receives FTC request for information on how it conducts business during COVID-19 pandemic
- Invitation Homes CEO says he’s not worried about a housing bubble despite price spikes. Here’s why
- Invitation Homes raises full-year FFO outlook
- See how single-family rental juggernaut Invitation Homes lays out its plans to spend $1 billion on houses in an already overheated market
Key People/Management at Invitation Homes
Dallas B. Tanner
Co- Founder, President and CEO
Ernest M. Freedman
EVP, Chief Financial Officer
Justin Gossett
Vice President, Operations
Mark A. Solls
EVP & Chief Legal Officer
Charles D. Young
Chief Operating Officer
Invitation Homes Office Locations
Invitation Homes has offices in Dallas, Atlanta, Chicago, Denver and in 11 other locations
Dallas, TX, US (HQ)
1717 Main St #2000
Atlanta, GA, US
Atlanta, GA, USA
Chicago, IL, US
Chicago, IL, USA
Denver, CO, US
Denver, CO, USA
Jacksonville, FL, US
Jacksonville, FL, USA
Las Vegas, NV, US
Las Vegas, NV, USA
Invitation Homes Financials and Metrics
Invitation Homes Revenue
Invitation Homes's revenue was reported to be $1.05 b in FY, 2017
| USD | |
|---|---|
Revenue (Q2, 2021) | 491.6m |
Gross profit (Q2, 2021) | 316.2m |
Gross profit margin (Q2, 2021), % | 64.3% |
Net income (Q2, 2021) | 60.7m |
Market capitalization (21-Sept-2021) | 22.7b |
Closing stock price (21-Sept-2021) | 40.0 |
Cash (30-Jun-2021) | 126.2m |
EV | 33.0b |
Invitation Homes's current market capitalization is $22.7 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 238.8m | 242.2m | 243.5m | 423.7m | 432.4m | 434.3m | 1.7b | 475.2m | 491.6m | ||||||
Cost of goods sold | 88.2m | 92.8m | 93.3m | 160.8m | 165.4m | 170.0m | 655.4m | 160.3m | 166.6m | 175.5m | 166.9m | 167.0m | 178.0m | 168.4m | 175.4m |
Gross profit | 150.6m | 149.4m | 150.3m | 262.9m | 267.0m | 264.2m | 1.1b | 306.9m | 316.2m | ||||||
Gross profit Margin, % | 63% | 62% | 62% | 62% | 62% | 61% | 62% | 65% | 64% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 192.5m | 158.9m | 134.4m | 134.9m | 166.9m | 130.0m | 144.9m | 130.9m | 77.0m | 81.5m | 297.1m | 571.7m | 559.6m | 187.3m | 126.2m |
Accounts Receivable | 38.0m | ||||||||||||||
PP&E | 5.6m | 6.0m | 6.5m | 15.4m | 18.0m | 12.3m | 11.8m | 9.7m | 10.9m | 10.5m | 9.4m | 9.1m | 8.8m | 9.1m | 9.3m |
Goodwill | 258.2m | 258.2m | 258.2m | 258.2m | 258.2m | 258.2m | 258.2m | 258.2m | 258.2m | 258.2m | 258.2m | 258.2m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (42.4m) | (36.9m) | (59.4m) | (17.6m) | (31.8m) | (30.7m) | (5.0m) | 21.2m | 60.6m | 94.6m | 50.3m | 93.5m | 126.3m | 57.7m | 117.7m |
Depreciation and Amortization | 67.6m | 135.1m | 202.6m | 144.5m | 291.0m | 430.3m | 560.5m | 133.6m | 266.6m | 400.0m | 135.0m | 272.3m | 410.4m | 144.5m | 289.8m |
Accounts Payable | 16.2m | 24.1m | 71.4m | 10.9m | 29.7m | 83.4m | (26.6m) | 25.0m | 48.8m | 95.7m | (4.5m) | 17.6m | 83.0m | 34.3m | 67.1m |
Cash From Operating Activities | 70.9m | 167.2m | 267.3m | 130.1m | 310.3m | 513.1m | 561.2m | 193.2m | 375.3m | 590.8m | 177.7m | 395.9m | 625.7m | 240.6m | 470.1m |
| USD | Q1, 2017 |
|---|---|
Financial Leverage | 2.6 x |
Invitation Homes Cybersecurity Score
Invitation Homes Online and Social Media Presence
3.04k Twitter followers
Invitation Homes has 3.04k Twitter Followers. The number of followers has increased 0.5% month over month and increased 2% quarter over quarter
Invitation Homes's Trends
Twitter Engagement Stats for @InvitationHomes
5.8k
Tweets
754
Following
3k
Followers
32
Tweets last 30 days
0
Avg. likes per Tweet
3.1%
Tweets with engagement
Invitation Homes Company Culture
Overall Culture
A+
86/100
CEO Rating
A+
92/100
Compensation
A+
86/100
Diversity
A
82/100
Invitation Homes News and Updates
September 03, 2021
Invitation Homes receives FTC request for information on how it conducts business during COVID-19 pandemic
Shares of Invitation Homes Inc. were indicated down more than 1% in premarket trading, after the single-family home leasing company disclosed that it received a letter from the Federal Trade Commission requesting information. The company said the FTC is looking into how it conducts its business gen…
June 18, 2021
Invitation Homes CEO says he’s not worried about a housing bubble despite price spikes. Here’s why
"I would expect that home prices stay relatively stable, if not continue to grow in value," Invitation Homes CEO Dallas Tanner told CNBC.
June 07, 2021
Invitation Homes raises full-year FFO outlook
Invitation Homes Inc. raised its full-year earnings outlook, following an update on May results. The single-family home leasing company now expects core funds from operation of $1.38 to $1.46, up from a previous guidance range of $1.34 to $1.42, and surrounding the FactSet consensus of $1.41. The c…
May 25, 2021
See how single-family rental juggernaut Invitation Homes lays out its plans to spend $1 billion on houses in an already overheated market
Summary List PlacementAmerica's hot single-family home market has made it a great time to sell and tricky to buy as near-record low mortgage rates and an exodus of residents from cities to the suburbs during the pandemic has dramatically spurred demand for houses and a dearth of supply.
Among the …
February 27, 2020
Invitation Homes to Participate in Citi's 2020 Global Property CEO Conference
DALLAS, Feb. 27, 2020 /PRNewswire/ -- Invitation Homes Inc. (NYSE: INVH) ("Invitation Homes" or the "Company") today announced that the Company's Chief Executive Officer Dallas Tanner and Chief Financial Officer Ernie Freedman will participate in a roundtable discussion at Citi's 2020...
January 31, 2020
Invitation Homes raises quarterly cash dividend by 15% to 15 cents a share
Invitation Homes Inc. said Friday its board has approved a 15% hike in its quarterly cash dividend, raising it to 15 cents a share from 13 cents. The new dividend will be payable on or before Feb. 28 to shareholders of record as of Feb. 12. Shares were not active premarket, but have gained 40% in t…
Invitation Homes Blogs
June 29, 2021
Associate Spotlight: Chris, Revenue Management
Meet Chris, a Senior Analyst on our team of dynamic associates. Chris joined Invitation Homes after attending graduate school and has been part of many milestones in the company. As an integral part of the Revenue Management team, his responsibilities include analyzing pricing trends to optimize rev…
June 24, 2021
Beyond the Headlines – The Real Numbers on Home Buying
It’s news to few that buying a single-family home in the U.S. is the most difficult it’s been in recent memory. A mix of factors are fueling a red-hot housing market, including the COVID-19 pandemic prompting many people to move out of city centers in search of more space, low mortgage rates empower…
May 11, 2021
Creating a Dual Space: Turn Your Guest Room into a Workspace
If working from home is your new normal, maintaining a healthy work-life balance can be tricky, especially if you’re short on space. Whether you work from home or just need additional workspace, we have some ideas on carving out an area that’s uniquely yours. Keep reading for helpful tips on how to …
May 03, 2021
Meet Robert, Senior Analyst, Treasury
This month, Invitation Homes celebrates its 9th anniversary. And we thought it would be meaningful to recognized one of our exemplary and long-term associates, whose tenure with Invitation Homes has surpassed nine years – and counting!
Robert E. is a Senior Treasury Analyst who has seen a lot of cha…
April 22, 2021
Our Environmental Impact: Thinking Globally, Acting Locally
At Invitation Homes, we’re committed to improving the way people live and the communities where they live. And we’re passionate about advancing our business processes so that they’re both innovative and sustainable. Protecting the environment is critically important to us, and we’re taking steps to …
April 13, 2021
Personalize Your Patio and Backyard with These Easy Updates
As temperatures start to rise, it’s time to shake off the winter blues and bring on spring! If you’re looking to refresh your backyard and patio, we’ve gathered a few lease-friendly tips to create a warm and inviting outdoor space that’s perfect for entertaining friends and family.
Patio furniture a…
Invitation Homes Frequently Asked Questions
When was Invitation Homes founded?
Invitation Homes was founded in 2012.
Who are Invitation Homes key executives?
Invitation Homes's key executives are Dallas B. Tanner, Ernest M. Freedman and Justin Gossett.
How many employees does Invitation Homes have?
Invitation Homes has 1,445 employees.
Who are Invitation Homes competitors?
Competitors of Invitation Homes include S.W. Management, American Homes 4 Rent and Martin & Co.
Where is Invitation Homes headquarters?
Invitation Homes headquarters is located at 1717 Main St #2000, Dallas.
Where are Invitation Homes offices?
Invitation Homes has offices in Dallas, Atlanta, Chicago, Denver and in 11 other locations.
How many offices does Invitation Homes have?
Invitation Homes has 15 offices.
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