Last 7 days
-0.5%
Last 30 days
-4.9%
Last 90 days
0.8%
Trailing 12 Months
-18.8%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 51.7B | 4.2B | -4.61% | -14.88% | 11.88 | 12.36 | 22.43% | 122.66% |
DLR | 30.0B | 4.7B | -6.82% | -21.36% | 79.47 | 6.4 | 5.96% | -77.90% |
INVH | 19.0B | 2.2B | -4.87% | -18.85% | 49.6 | 8.5 | 12.10% | 46.63% |
WPC | 16.6B | 1.5B | -6.93% | 3.27% | 27.63 | 11.19 | 11.08% | 46.14% |
MID-CAP | ||||||||
SRC | 5.5B | 709.6M | -11.61% | -12.07% | 19.96 | 7.74 | 16.64% | 70.54% |
TRNO | 4.7B | 276.2M | -2.61% | -10.96% | 23.61 | 16.92 | 24.46% | 126.94% |
IIPR | 2.3B | 276.4M | -7.84% | -53.31% | 14.85 | 8.29 | 35.11% | 35.44% |
SMALL-CAP | ||||||||
SAFE | 1.9B | 270.3M | -11.23% | -47.55% | 13.83 | 6.93 | 44.54% | 85.20% |
GTY | 1.7B | 165.6M | 2.05% | 31.96% | 18.34 | 9.97 | 6.55% | 43.24% |
ALEX | 1.3B | 354.3M | -7.19% | -20.96% | -25.65 | 3.66 | 3.54% | -242.94% |
PDM | 920.9M | 563.8M | -26.54% | -50.43% | 6.27 | 1.63 | 6.63% | 12834.61% |
AHH | 805.0M | 454.2M | -5.38% | -15.87% | 10.77 | 1.77 | 59.87% | 241.44% |
OPI | 609.0M | 554.3M | -20.57% | -40.70% | -99.69 | 1.1 | -3.85% | 25.32% |
GOOD | 479.3M | 149.0M | -24.95% | -39.30% | 51.57 | 3.22 | 8.20% | -4.89% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 2.7% | 2,238 | 2,179 | 2,119 | 2,054 | 1,997 |
S&GA Expenses | -3.6% | 74.00 | 77.00 | 76.00 | 77.00 | 76.00 |
Interest Expenses | -0.2% | 304 | 305 | 308 | 314 | 323 |
Net Income | 7.3% | 383 | 357 | 347 | 297 | 261 |
Net Income Margin | 4.4% | 0.17* | 0.16* | 0.16* | 0.14* | - |
Free Cahsflow | -0.6% | 1,024 | 1,029 | 990 | 902 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -0.8% | 18,537 | 18,678 | 18,507 | 18,544 | 18,538 |
Cash Equivalents | -12.5% | 263 | 300 | 273 | 467 | 610 |
Net PPE | 16.4% | 20.00 | 18.00 | 17.00 | 17.00 | - |
Goodwill | 0% | 258 | 258 | 258 | 258 | 258 |
Liabilities | -1.4% | 8,213 | 8,332 | 8,225 | 8,319 | 8,699 |
Long Term Debt | 0.0% | 7,753 | 7,754 | 7,856 | 7,999 | - |
Shareholder's Equity | -0.2% | 10,291 | 10,315 | 10,282 | 10,225 | 9,798 |
Retained Earnings | -3.8% | -951 | -916 | -860 | -836 | -794 |
Additional Paid-In Capital | 0.0% | 11,138 | 11,133 | 11,113 | 11,094 | 10,874 |
Shares Outstanding | 0.0% | 611 | 611 | 610 | 610 | 601 |
Minority Interest | 3.4% | 32.00 | 31.00 | 43.00 | 42.00 | 41.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -0.6% | 1,024 | 1,029 | 990 | 902 | 908 |
Share Based Compensation | 1.0% | 29.00 | 29.00 | 27.00 | 28.00 | 27.00 |
Cashflow From Investing | 31.4% | -814 | -1,187 | -1,457 | -1,326 | -1,159 |
Cashflow From Financing | -290.0% | -574 | -147 | 579 | 696 | 659 |
Dividend Payments | 6.5% | 539 | 506 | 470 | 431 | 394 |
35%
23.5%
19.2%
Y-axis is the maximum loss one would have experienced if Invitation Homes was unfortunately bought at previous high price.
8.8%
7.2%
FIve years rolling returns for Invitation Homes.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -20.52 | -16,344,500 | 37,701,500 | 0.04% |
2023-03-07 | Investure, LLC | unchanged | - | -2,167,840 | 15,558,000 | 3.04% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -13.89 | -90,000 | 279,000 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -4.17 | -1,170,630 | 6,193,370 | 0.01% |
2023-02-27 | Parallax Volatility Advisers, L.P. | added | 2.01 | -92,826 | 794,174 | -% |
2023-02-24 | NATIXIS | sold off | -100 | -7,481,000 | - | -% |
2023-02-24 | National Pension Service | added | 10.83 | -789,192 | 25,176,500 | 0.05% |
2023-02-22 | CVA Family Office, LLC | added | 100 | 593 | 593 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | -186,000 | 1,344,000 | 0.01% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | reduced | -7.89 | -186,045 | 785,955 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | norges bank | 6.22% | 38,026,599 | SC 13G/A | |
Feb 14, 2023 | cohen & steers, inc. | 12.83% | 78,466,392 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 16.07% | 98,242,458 | SC 13G/A | |
Feb 03, 2023 | state street corp | 6.33% | 38,681,639 | SC 13G | |
Jan 24, 2023 | blackrock inc. | 9.7% | 59,299,124 | SC 13G/A | |
Mar 10, 2022 | cohen & steers, inc. | 10.41% | 63,248,162 | SC 13G/A | |
Feb 14, 2022 | cohen & steers, inc. | 7.58% | 45,257,582 | SC 13G/A | |
Feb 09, 2022 | norges bank | 5.12% | 30,537,451 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 8.5% | 50,992,689 | SC 13G/A | |
Jul 16, 2021 | norges bank | 5.05% | 28,656,991 | SC 13G |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 12.10 -61.09% | 14.28 -54.08% | 19.13 -38.49% | 31.66 1.80% | 44.37 42.67% |
Current Inflation | 11.36 -63.47% | 13.20 -57.56% | 17.26 -44.50% | 27.81 -10.58% | 38.50 23.79% |
Very High Inflation | 10.44 -66.43% | 11.90 -61.74% | 15.07 -51.54% | 23.40 -24.76% | 31.80 2.25% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 8-K | Current Report | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 8-K | Current Report | |
Feb 27, 2023 | 4 | Insider Trading | |
Feb 27, 2023 | 4 | Insider Trading | |
Feb 27, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-01 | Tanner Dallas B | acquired | - | - | 61,759 | chief executive officer |
2023-03-01 | Young Charles D. | sold (taxes) | -172,839 | 30.36 | -5,693 | president & coo |
2023-03-01 | SOLLS MARK A | sold (taxes) | -78,693 | 30.36 | -2,592 | evp & clo |
2023-03-01 | Norrell Kimberly K | acquired | - | - | 3,294 | evp & cao |
2023-03-01 | FREEDMAN ERNEST MICHAEL | sold (taxes) | -182,342 | 30.36 | -6,006 | evp & cfo |
2023-03-01 | Norrell Kimberly K | sold (taxes) | -21,737 | 30.36 | -716 | evp & cao |
2023-03-01 | Tanner Dallas B | sold (taxes) | -531,391 | 30.36 | -17,503 | chief executive officer |
2023-03-01 | Young Charles D. | acquired | - | - | 22,645 | president & coo |
2023-03-01 | SOLLS MARK A | acquired | - | - | 7,823 | evp & clo |
2023-02-23 | SOLLS MARK A | acquired | - | - | 30,453 | evp & clo |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Statement [Abstract] | |||
Rental revenues and other property income | $ 2,226,641 | $ 1,991,722 | $ 1,822,828 |
Management fee revenues | 11,480 | 4,893 | 0 |
Total revenues | 2,238,121 | 1,996,615 | 1,822,828 |
Expenses: | |||
Property operating and maintenance | 786,351 | 706,162 | 680,543 |
Property management expense | 87,936 | 71,597 | 58,613 |
General and administrative | 74,025 | 75,815 | 63,305 |
Interest expense | 304,092 | 322,661 | 353,923 |
Depreciation and amortization | 638,114 | 592,135 | 552,530 |
Impairment and other | 28,697 | 8,676 | 696 |
Total expenses | 1,919,215 | 1,777,046 | 1,709,610 |
Gains (losses) on investments in equity securities, net | (3,939) | (9,420) | 29,723 |
Other, net | (11,261) | (5,835) | (86) |
Gain on sale of property, net of tax | 90,699 | 60,008 | 54,594 |
Losses from investments in unconsolidated joint ventures | (9,606) | (1,546) | 0 |
Net income | 384,799 | 262,776 | 197,449 |
Net income attributable to non-controlling interests | (1,470) | (1,351) | (1,237) |
Net income attributable to common stockholders | 383,329 | 261,425 | 196,212 |
Net income available to participating securities | (661) | (327) | (448) |
Net income available to common stockholders — basic | 382,668 | 261,098 | 195,764 |
Net income available to common stockholders — diluted | $ 382,668 | $ 261,098 | $ 195,764 |
Weighted average common shares outstanding — basic (in shares) | 609,770,610 | 577,681,070 | 553,993,321 |
Weighted average common shares outstanding — diluted (in shares) | 611,112,396 | 579,209,523 | 555,458,607 |
Net income per common share — basic (in dollars per share) | $ 0.63 | $ 0.45 | $ 0.35 |
Net income per common share — diluted (in dollars per share) | $ 0.63 | $ 0.45 | $ 0.35 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Investments in single-family residential properties: | ||
Land | $ 4,800,110 | $ 4,737,938 |
Building and improvements | 15,900,825 | 15,270,443 |
Total gross investments in the properties | 20,700,935 | 20,008,381 |
Less: accumulated depreciation | (3,670,561) | (3,073,059) |
Investments in single-family residential properties, net | 17,030,374 | 16,935,322 |
Cash and cash equivalents | 262,870 | 610,166 |
Restricted cash | 191,057 | 208,692 |
Goodwill | 258,207 | 258,207 |
Investments in unconsolidated joint ventures | 280,571 | 130,395 |
Other assets, net | 513,629 | 395,064 |
Total assets | 18,536,708 | 18,537,846 |
Liabilities: | ||
Mortgage loans, net | 1,645,795 | 3,055,853 |
Secured term loan, net | 401,530 | 401,313 |
Unsecured notes, net | 2,518,185 | 1,921,974 |
Term loan facilities, net | 3,203,567 | 2,478,122 |
Revolving facility | 0 | 0 |
Convertible senior notes, net | 0 | 141,397 |
Accounts payable and accrued expenses | 198,423 | 193,633 |
Resident security deposits | 175,552 | 165,167 |
Other liabilities | 70,025 | 341,583 |
Total liabilities | 8,213,077 | 8,699,042 |
Commitments and contingencies (Note 14) | ||
Stockholders' equity | ||
Preferred stock, $0.01 par value per share, 900,000,000 shares authorized, none outstanding as of December 31, 2022 and 2021 | 0 | 0 |
Common stock, $0.01 par value per share, 9,000,000,000 shares authorized, 611,411,382 and 601,045,438 outstanding as of December 31, 2022 and 2021, respectively | 6,114 | 6,010 |
Additional paid-in capital | 11,138,463 | 10,873,539 |
Accumulated deficit | (951,220) | (794,869) |
Accumulated other comprehensive income (loss) | 97,985 | (286,938) |
Total stockholders' equity | 10,291,342 | 9,797,742 |
Non-controlling interests | 32,289 | 41,062 |
Total equity | 10,323,631 | 9,838,804 |
Total liabilities and equity | $ 18,536,708 | $ 18,537,846 |