Key stats
- Market cap
- 16.2B
- Open
- —
- Day range
- —
- 52-week range
- $24.25 – $30.89
- Volume
- 123K
- Avg volume
- 5.61M
Invitation Homes owns a portfolio of over 85,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price of around $375,000 and generally less than 1,800 square feet. The portfolio is spread across 17 target markets that feature high employment and household formation growth, with two-thirds of the portfolio in the Western US and Florida; 15 of the 17 markets feature average rents lower than homeownership costs.