NYSE: INVH · Residential REITs
Invitation Homes (INVH) fair value: undervalued or overvalued?
As of 3 Oct 2026, Faircurve's model values Invitation Homes (INVH) at $29.66 a share. The stock last closed at $26.04, which puts the model's fair value 13.9% above the price. On the model's bands that reads as Undervalued.
Revalued . Price is the close of 2 Oct 2026. Invitation Homes Inc.
Faircurve Insights · 3 Oct 2026
Invitation Homes Inc. is an S&P 500 company which leases and manages single-family homes, expanding housing through new development and partnerships.
Faircurve's model on 3 Oct 2026 gave a fair value of $29.66 a share. This fair value blends three methods: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The previous run on 26 Sep 2026 gave $30.04, a move of -1.3%. The calibrated range over 63 trading days is $24.75 to $35.96, built from the fair value. This range held the price 60% of the time at this horizon, over 4,809 past valuations. The evidence grade for this valuation is High, based on the dividend record.
The model compares Invitation Homes Inc. with Essex Property Trust, Inc., Mid-America Apartment Communities, Inc., Equity LifeStyle Properties, Inc., American Homes 4 Rent, UDR, Inc., Vivmark Residential, and Camden Property Trust. Millrose Properties, Inc. had no verdict on this date. Moves around the last 8 earnings reports show a median size of 4.0%, ignoring direction.
Written from the figures on this page for the 3 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give INVH?
The calibrated range for INVH over 63 trading days is $24.75 to $35.96. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,809 past valuations, refreshed 3 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own range is $27.34 to $32.98.
How does INVH compare with similar companies?
The companies in residential reits closest to Invitation Homes in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| ESS Essex Property Trust, Inc. | $268.65 | $192.94 | -28.2% | Overvalued |
| MAA Mid-America Apartment Communities, Inc. | $115.22 | $119.88 | +4.0% | Fairly valued |
| ELS Equity LifeStyle Properties, Inc. | $58.25 | $42.14 | -27.7% | Overvalued |
| AMH American Homes 4 Rent | $30.26 | $32.69 | +8.0% | Fairly valued |
| UDR UDR, Inc. | $33.27 | $40.24 | +20.9% | Undervalued |
| VMRK Vivmark Residential | $59.79 | $54.52 | -8.8% | Overvalued |
| CPT Camden Property Trust | $95.96 | $94.91 | -1.1% | Fairly valued |
| MRP Millrose Properties, Inc. | $24.61 | $34.31 | +39.4% | Low evidence grade |
When does INVH report earnings, and how has the stock reacted?
Invitation Homes's next earnings report is scheduled for 28 Oct 2026. Companies can move their dates.
How INVH moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 4.0%.
| Report date | Two session move |
|---|---|
| 29 Jul 2026 | -1.3% |
| 29 Apr 2026 | +2.2% |
| 18 Feb 2026 | -5.4% |
| 29 Oct 2025 | +0.8% |
| 30 Jul 2025 | -4.2% |
| 30 Apr 2025 | +4.3% |
| 26 Feb 2025 | +3.8% |
| 30 Oct 2024 | -5.4% |
Invitation Homes at a glance
Invitation Homes Inc., an S&P 500 company, is the nation’s premier single-family home leasing and management company, helping to expand housing through new development and strategic partnerships.
- Market value
- $15.5B
- Sector
- Real Estate
- Industry
- Residential REITs
- Beta to the US market
- 0.09
- First valued by Faircurve
- 4 Jul 2026
How the fair value is worked out: the model values Invitation Homes three ways and blends them; the range around the fair value comes from 2,000 simulations of the dividend model. The full method is documented here.
What changed in the latest valuation?
On 26 Sep 2026 the model's fair value for INVH was $30.04. As of 3 Oct 2026 it is $29.66, a change of -1.3%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Invitation Homes's valuation
Is Invitation Homes stock undervalued or overvalued?
On Faircurve's model, INVH reads as Undervalued as of 3 Oct 2026. The model's fair value is $29.66 a share against a last close of $26.04, a gap of +13.9%.
What is INVH's fair value?
$29.66 a share as of 3 Oct 2026. The fair value blends three methods: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The model's own range is $27.34 to $32.98.
What price range does the model give INVH?
$24.75 to $35.96 over 63 trading days. Ranges built this way held the price 60% of the time across 4,809 past valuations, refreshed 3 Oct 2026.
When does Invitation Homes report earnings next?
The next report is scheduled for 28 Oct 2026. Companies can move their dates.
How much has INVH moved on past earnings reports?
Across its last 8 reports the median two session move was 4.0%, ignoring direction. The largest was -5.4% around the report of 30 Oct 2024.
How confident is the model in this valuation?
The model's evidence grade for INVH is high. For real estate investment trusts (REITs) the grade looks at the dividend record: at least three years of paid dividends with no cut. It is not a probability that the fair value is right, or that the price reaches it.