Invitation Homes

Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019.» Mehr auf seekingalpha.com

DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation's premier single-family home leasing and management company, announced today that its board of directors has declared a regular quarterly cash dividend of $0.29 per share payable on shares of its common stock, representing a 3.6% increase over the prior quarterly dividend of $0.28 per share. The dividend will be paid on or before January 17, 2025, to stockholders of record of the Compan.» Mehr auf businesswire.com

Invitation Homes has underperformed in 2024, but high mortgage rates and low home affordability make renting attractive, supporting steady demand. Despite recent rental growth deceleration, Invitation Homes benefits from a favorable external environment with high homeownership costs and growing demand for single-family homes. The company trades at a low valuation, with an implied cap rate of 5.5% and the potential for 10-17% annualized returns over the next 4 years.» Mehr auf seekingalpha.com