Invitation Homes Earnings Preview: What to Expect

Company Overview - Invitation Homes Inc. (INVH) is a leading residential real estate investment trust (REIT) focused on single-family rentals, based in Dallas, Texas, with a market capitalization of $16.95 billion [1] Financial Performance - The company is expected to report its fourth-quarter results for fiscal 2025 soon, with analysts projecting a profit of $0.47 per share on a diluted basis for Q4, unchanged year-over-year [2][3] - For the full fiscal year 2025, diluted EPS is expected to decline marginally year-over-year to $1.87, followed by a 4.3% improvement to $1.95 in fiscal 2026 [3] Stock Performance - Invitation Homes' stock has faced pressure due to weakness in the real estate market, particularly in Sunbelt cities, declining by 12.9% over the past 52 weeks and 15.4% over the past six months, while the S&P 500 Index has increased by 13.3% and 7.9% during the same periods [4] - The stock has also underperformed its sector, as the State Street Real Estate Select Sector SPDR ETF (XLRE) has seen a marginal increase over the past 52 weeks but a decline of 1.1% over the past six months [5] Recent Developments - An announcement from the Trump administration prohibiting major institutional investors from buying additional single-family homes in the U.S. led to a significant drop in INVH's stock, with shares falling 6% intraday on January 7 [6] - On October 29, 2025, the company reported a 4.2% year-over-year increase in total revenues to $688.17 million, driven by a 3.2% annual growth in rental revenues to $593.61 million, with an average occupancy rate of 96.5% [7]