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) has released its annual sustainability report titled 'Bringing Sustainability Home,' highlighting the company's 2023 sustainability initiatives and achievements. The report demonstrates the company's dedication to creating long-term value for stakeholders through sustainable practices. CEO Dallas Tanner emphasized that sustainability is fundamental to their operations and growth strategy, focusing on actions that benefit stakeholders, strengthen business resilience, and create positive societal impact.
Invitation Homes (NYSE: INVH) has voluntarily prepaid the outstanding balance of its IH 2018-4 securitization, which had a principal balance of approximately $630.2 million as of September 30, 2024. The prepayment was executed using unrestricted cash from the company's August 2023 bond issuance. Following this strategic move, Invitation Homes has no debt maturing before 2027, and approximately 90 percent of the company's wholly-owned properties are now unencumbered.
Invitation Homes (NYSE: INVH) reported Q3 2024 financial results with total revenues increasing 6.9% to $660 million. Net income decreased 27.8% to $95 million, with earnings per share at $0.15. Core FFO per share grew 6.8% to $0.47, while AFFO per share increased 7.2% to $0.38. Same Store NOI rose 3.9% with 3.6% revenue growth. The company acquired 926 homes for $331 million and sold 331 homes for $128 million. The company raised its full year 2024 guidance, with Core FFO expected at $1.88 per share and AFFO at $1.59 per share. Hurricane damages resulted in estimated expenses of $51.5 million net of insurance recoveries.
Invitation Homes Inc. (NYSE: INVH), the leading single-family home leasing and management company in the United States, has announced the dates for its third quarter 2024 earnings release and conference call. The company will release its financial and operating results on Wednesday, October 30, 2024, after market close. A conference call and webcast are scheduled for Thursday, October 31, 2024, at 2:00 p.m. Eastern Time.
The conference call will include a review of the quarter's results, recent events, and a Q&A session. Investors can access the live webcast and related information on the company's investor relations website at www.invh.com. A replay of the webcast will be available on the website for one year following the call.
For those wishing to join the live conference call, the domestic dial-in number is 1-888-330-2384, and the international number is 1-240-789-2701. The conference ID is 7714113.
Invitation Homes Inc. (NYSE: INVH) has announced the appointment of Rear Adm. H. Wyman Howard III, USN (Ret) to its Board of Directors, effective October 1, 2024. Michael Fascitelli, chairperson of the Board, and Dallas Tanner, CEO, welcomed Mr. Howard, highlighting his leadership skills and operational experience.
Mr. Howard retired from the U.S. Navy in September 2022 after over 32 years of service. His career includes multiple tours commanding Special Operations Joint Task Forces and serving as the Commander of Naval Special Warfare Command. He also served as the Director of Operations for the National Geospatial-Intelligence Agency.
Mr. Howard's educational background includes an MBA from the TRIUM consortium and a Master of Science in National Security and Resource Strategy. He also serves on the board of Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER).
Invitation Homes (NYSE: INVH) has reached an agreement with the Federal Trade Commission (FTC) to resolve a civil investigation into certain company business practices. The resolution includes a $48 million payment in monetary relief to the FTC, with no civil penalties or admission of wrongdoing by the company.
Invitation Homes maintains that its disclosures and practices are industry-leading among professional peers and smaller single-family home rental owners. The agreement concludes the FTC's three-year investigation and allows the company to move forward, focusing on continuous improvement in customer service and business practices.
The company reaffirms its commitment to providing high-quality living experiences for individuals and families seeking flexibility in housing options, as well as maintaining transparency with all stakeholders.
Invitation Homes Inc. (NYSE: INVH) announced that its operating partnership has priced a public offering of $500 million aggregate principal amount of 4.875% Senior Notes due 2035. The Notes were priced at 98.855% of the principal amount and will mature on February 1, 2035. The offering is expected to close on September 26, 2024, subject to customary conditions.
The Notes will be fully and unconditionally guaranteed by the Company, Invitation Homes OP GP , and IH Merger Sub, The net proceeds will be used for general corporate purposes, including potential repayment of indebtedness, working capital, acquisitions and renovations of single-family properties.
Multiple financial institutions are acting as joint book-running managers and co-managers for the offering. The offering is being made pursuant to an effective shelf registration statement filed with the SEC.
Invitation Homes (NYSE: INVH), the leading single-family home leasing and management company in the US, has received a credit rating upgrade from Fitch Ratings. The company's issuer and issue-level credit ratings have been raised to 'BBB+' from 'BBB' with a stable outlook.
Fitch's upgrade reflects Invitation Homes' progress in reducing leverage and enhancing capital markets access. The rating agency also noted the company's favorable operating trends in its sector and its well-diversified, granular portfolio.
Jon Olsen, Executive Vice President and CFO of Invitation Homes, expressed satisfaction with the upgrade, viewing it as validation of the company's strong balance sheet, financial flexibility, and overall growth strategy.
Invitation Homes Inc. (NYSE: INVH), the leading single-family home leasing and management company in the United States, has announced a quarterly cash dividend of $0.28 per share on its common stock. The dividend will be paid on or before October 18, 2024, to stockholders of record as of the close of business on September 26, 2024. This announcement demonstrates Invitation Homes' commitment to providing regular returns to its shareholders and reflects the company's financial stability in the competitive real estate market.
Invitation Homes (NYSE: INVH), the leading single-family home leasing company in the U.S., has announced a partnership with the American Red Cross Sound the Alarm campaign. As a regional presenting sponsor, Invitation Homes will support efforts to install free smoke alarms, help families create escape plans, and educate the public about home fire safety.
The company is also a National Red Cross Disaster Responder member, directly supporting the organization's disaster relief fund. This enables the Red Cross to prepare for, respond to, and recover from over 62,000 disasters across the United States annually. Charles Young, President and COO of Invitation Homes, emphasized the company's commitment to equipping homes with smoke alarms and educating residents on fire prevention.
