Invitation Homes

INVH

Market cap $16.1B

We initiated a position in cloud-based web services company Wix.com as shares fell on concerns surrounding Generative AI. We initiated a position in Alexandria Real Estate Equities, the largest owner of US life sciences real estate with a concentration in major biotech research clusters. Business process management company WNS Holdings was eliminated from the portfolio after an acquisition by Capgemini closed in an all-cash transaction.

Market volatility has triggered indiscriminate selling across sectors. Rayonier trades at a deep discount despite strong long-term fundamentals. Blue Owl Capital sold off on credit fears, but results and insider buying tell a different story.

DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”) today announced that members of the Company's management team will participate in a roundtable discussion at Citi's 2026 Global Property CEO Conference on Monday, March 2, 2026 at 3:35 p.m. Eastern Time. A live audio webcast of the presentation will be available on the Investor Relations section of the Company's website at www.invh.com. A replay of the webcast will be available through April 2, 202.

Invitation Homes is upgraded to "Buy" as its valuation resets to attractive levels, trading at a 13x forward P/FFO and a 4.7% yield. INVH faces near-term rent growth pressure from Sunbelt supply and rising costs but maintains high occupancy and low turnover. Strategic property acquisitions and the ResiBuilt platform provide vertical integration and growth flexibility amid political headwinds.

We added to our senior housing investment theme by purchasing additional shares of Ventas, Inc. During the quarter, we reacquired shares in best-in-class self-storage REIT Extra Space Storage Inc., which owns or operates a portfolio of over 4,200 properties in the U.S., with 14% total market share by square footage. During the quarter, we exited the Fund's position in Vornado Realty Trust.

Invitation Homes Inc. (INVH) Q4 2025 Earnings Call Transcript

INVH's Q4 FFO comes in line with estimates, and revenues beat as same-store NOI climbs despite lower occupancy. The company rolls out its 2026 core FFO outlook.

Although the revenue and EPS for Invitation Home (INVH) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Invitation Home (INVH) came out with quarterly funds from operations (FFO) of $0.48 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.47 per share a year ago.

DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes,” “we,” “our,” and “us”), the nation's premier single-family home leasing and management company, today announced our Fourth Quarter (“Q4”) 2025 and Full Year (“FY”) 2025 financial and operating results. Q4 2025 and FY 2025 Highlights Year over year in Q4 2025, total revenues increased 4.0% to $685 million, total property operating and maintenance costs increased 7.2% to $245 million, and net income available to comm.