Is Wall Street Bullish or Bearish on Invitation Homes Stock?

Core Insights - Invitation Homes Inc. operates as a leading single-family home leasing and management company in the U.S. with a market cap of $16.8 billion, focusing on high-quality homes in desirable neighborhoods [1] Performance Overview - INVH stock has underperformed the broader market, with a decline of 11.1% in 2025 and 14.5% over the past 52 weeks, compared to the S&P 500 Index's gains of 16% year-to-date and 17.4% over the past year [2] - The company also lagged behind the Residential REIT ETF (HAUS), which saw a 9.8% decline in 2025 and a 12.3% drop over the past 52 weeks [3] Financial Results - Following the release of solid Q3 results on October 29, INVH stock prices gained 3.4%, driven by strong same-store renewal rate growth and sustained momentum in funds from operations (FFO) [4] - Q3 revenues grew 4.2% year-over-year to $688.2 million, exceeding consensus estimates by 1.3% [4] - EPS for the quarter surged 46.7% year-over-year to $0.22, while core FFO remained flat at $0.47 per share, beating consensus estimates by 2.2% [5] - For the full fiscal 2025, analysts expect core FFO to be $1.87, slightly down from $1.88 in 2024, but the company has a strong history of surpassing FFO estimates [5] Analyst Ratings - Among 24 analysts covering INVH, the consensus rating is a "Moderate Buy," consisting of 11 "Strong Buys," one "Moderate Buy," and 12 "Holds" [6] - This rating is slightly more optimistic than a month ago, when 10 analysts recommended "Strong Buy" [7] - Mizuho analyst maintained an "Outperform" rating but reduced the price target from $32 to $30, with a mean price target of $35.83 suggesting a 26.1% upside potential [8]