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.
Invitation Homes (INVH) maintains its position as a leader in single-family rental property management through strategic acquisitions and community-focused operations. This news hub provides investors and housing market observers with essential updates about the company's activities in key U.S. markets.
Access timely reports on earnings announcements, property portfolio expansions, and operational initiatives. Our curated collection features official press releases alongside market analysis relevant to INVH's focus on transforming distressed properties into quality rental homes. Track developments in core markets including Florida and Western states where the company demonstrates particular strength.
Key coverage areas include strategic partnerships, property rehabilitation projects, and financial performance metrics. Stay informed about INVH's approach to balancing resident needs with investor priorities through its professional management framework. Regular updates provide insights into market trends affecting the single-family rental sector.
Bookmark this page for convenient access to Invitation Homes' latest corporate communications and related industry developments. Check back frequently to maintain current understanding of the company's role in shaping residential real estate markets through its unique operational model.
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.
Invitation Homes reported its Q4 and FY 2020 results, showing a 4.5% revenue increase to $464 million in Q4 and 3.3% growth to $1.823 billion for FY 2020. Net income for Q4 rose 36% to $71 million, with per-share earnings at $0.12. Core FFO per share in Q4 declined 0.1% to $0.32, while AFFO fell 1.3% to $0.27. The company enhanced its acquisition strategy, purchasing 1,197 homes for $361 million in Q4. Bad debt increased to 2.5% of rental revenue. A quarterly dividend of $0.17 was approved, marking a 13.3% hike.
Invitation Homes has declared a quarterly cash dividend of $0.17 per share, a 13.3% increase from the previous $0.15 per share. This dividend will be payable on or before February 26, 2021, to stockholders of record as of the close of business on February 10, 2021.
The company is a leading single-family home leasing firm focused on quality living experiences, stating its mission of enhancing residents’ lives.
Invitation Homes (NYSE: INVH) announced the 2020 dividend allocation for its Common Stock. The dividend of $0.15 per share will be paid on February 28, 2020, with a record date of February 12, 2020. These dividends are treated as taxable ordinary dividends, with 71.77% classified as such for tax purposes. The company advises shareholders to consult tax advisors regarding their individual tax situations. The details regarding federal and state tax implications for REIT dividends are also provided.
Invitation Homes (NYSE: INVH) will release its fourth quarter 2020 financial results on February 16, 2021, after market close. A conference call will follow on February 17, 2021, at 11:00 a.m. ET, to discuss results and recent events. Interested parties can access the call via webcast on the company’s Investor Relations website. Invitation Homes specializes in single-family home leasing, providing high-quality homes to meet lifestyle demands, reinforcing its commitment to enhance residents' living experiences.
Invitation Homes (NYSE:INVH) reported a 3.6% increase in total revenues to $459 million for Q3 2020, while property operating expenses rose 1.4% to $178 million. Net income fell 3.2% to $33 million, with net income per diluted share down 7.2% to $0.06. However, both Core FFO per share and AFFO per share saw increases of 1.9% and 5.8%, respectively. The company acquired 544 homes for $175 million in Q3 and formed a joint venture expected to deploy over $1 billion for further acquisitions.
Invitation Homes (NYSE: INVH) has declared a quarterly cash dividend of $0.15 per share. This dividend is scheduled for payment on or before November 25, 2020, to shareholders of record as of the close on November 10, 2020. The company focuses on providing high-quality leasing options in single-family homes, emphasizing proximity to jobs and schools. Invitation Homes aims to enhance resident living experiences with their service-oriented approach.
Invitation Homes (NYSE: INVH) has partnered with Rockpoint Group to form a joint venture aimed at acquiring single-family homes for rental. The JV will allocate $375 million in equity, with INVH contributing $75 million and Rockpoint $300 million. The partnership plans to deploy over $1 billion, including debt, for acquiring and renovating homes in high-demand markets across the Western and Southeastern US. INVH will offer asset and property management services, earning management fees and a potential promoted interest based on performance.
