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.

TypePublic
Founded2012
HQDallas, TX, US
Websiteinvitationhomes.com
Employee Ratings4.3
Overall CultureA+

Latest Updates

Employees (est.) (Feb 2019)1,445
Job Openings72
Revenue (FY, 2017)$1.1 B
Share Price (Sept 2021)$40
Cybersecurity ratingBMore

Key People/Management at Invitation Homes

Dallas B. Tanner

Dallas B. Tanner

Co- Founder, President and CEO
Ernest M. Freedman

Ernest M. Freedman

EVP, Chief Financial Officer
Justin Gossett

Justin Gossett

Vice President, Operations
Mark A. Solls

Mark A. Solls

EVP & Chief Legal Officer
Charles D. Young

Charles D. Young

Chief Operating Officer
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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
Show all (15)

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
USDFY, 2017FY, 2019FY, 2020

Revenue

1.1b

Cost of goods sold

391.5m670.0m680.5m

Gross profit

663.0m

Gross profit Margin, %

63%
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

238.8m242.2m243.5m423.7m432.4m434.3m1.7b475.2m491.6m

Cost of goods sold

88.2m92.8m93.3m160.8m165.4m170.0m655.4m160.3m166.6m175.5m166.9m167.0m178.0m168.4m175.4m

Gross profit

150.6m149.4m150.3m262.9m267.0m264.2m1.1b306.9m316.2m

Gross profit Margin, %

63%62%62%62%62%61%62%65%64%
Annual
USDFY, 2017FY, 2019FY, 2020

Cash

179.9m92.3m213.4m

PP&E

16.6m9.8m10.0m

Goodwill

258.2m258.2m258.2m

Total Assets

18.7b17.4b17.5b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

192.5m158.9m134.4m134.9m166.9m130.0m144.9m130.9m77.0m81.5m297.1m571.7m559.6m187.3m126.2m

Accounts Receivable

38.0m

PP&E

5.6m6.0m6.5m15.4m18.0m12.3m11.8m9.7m10.9m10.5m9.4m9.1m8.8m9.1m9.3m

Goodwill

258.2m258.2m258.2m258.2m258.2m258.2m258.2m258.2m258.2m258.2m258.2m258.2m
Annual
USDFY, 2017FY, 2019FY, 2020

Net Income

(105.8m)147.1m197.4m

Depreciation and Amortization

309.6m533.7m552.5m

Accounts Payable

(10.3m)5.2m(27.0m)

Cash From Operating Activities

259.8m662.1m696.7m
USDQ1, 2017

Financial Leverage

2.6 x
Show all financial metrics

Invitation Homes Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Invitation Homes Online and Social Media Presence

Embed Graph

Invitation Homes Company Culture

  • Overall Culture

    A+

    86/100

  • CEO Rating

    A+

    92/100

  • Compensation

    A+

    86/100

  • Diversity

    A

    82/100

Learn more on Comparably

Invitation Homes News and Updates

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…

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.

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…

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 …

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...

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…
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Invitation Homes Blogs

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…

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…

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 …

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…

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 …

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…
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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.