INVH

NYSE

Invitation Homes Inc.

Real Estate, Single-Family Residential REITs

$30.37

close 7 Aug 2026

+1.57%

52-week change

$17.94B

market cap

$24.25

$31.38

52-week range

Expected price

$44.36 – $54.22

Current price

$30.37

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)27.86x

P/S (TTM)6.28x

P/B1.98x

EV/EBITDA (TTM)18.53x

FCF yield (TTM)5.33%

PEG (TTM, GAAP)1.85

Context

P/E, own 5-year average50.05x

P/E, sector median34.68x*

Price at 5-year median P/E$49.53*

Indicated dividend yield3.95%

Forward — analyst consensus

Forward P/E (FY2026)49.32x*

Forward P/E (FY2027)44.62x

Forward PEG4.68*

Consensus EPS FY2026 (2 analysts)$0.6157

EPS growth (FY2026→FY2027)10.54%

Revenue growth (FY2026)7.39%

Street view

Price target (mean)$33.43*

Target upside10.09%

Ratings (buy / hold / sell)13 / 12 / 0

FY2026 EPS revisions, 30d (up / down)0 / 1

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 30 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +12.94%10Y CAGR +17.30%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$30.37

Cash & equivalents$75.79M

Total debt$8.59B

Shares outstanding590.61M

Result

DCF price per share$53.68

Current price$30.37

Margin of safety+76.76%

PV of years 1–10$12.34B

PV of terminal value$27.89B

Equity value$31.71B

Market-implied growth+7.55%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$1.08B	$1.22B	$1.38B	$1.56B	$1.76B	$1.99B	$2.24B	$2.53B	$2.86B	$3.23B	$60.20B
PV	$1.00B	$1.05B	$1.09B	$1.14B	$1.20B	$1.25B	$1.31B	$1.37B	$1.43B	$1.50B	$27.89B

period to 30 Jun 2026, filed 30 Jul 2026, close 7 Aug 2026