Invitation Homes Inc. (INVH), based in Dallas, is a leasing and management company for single-family homes. With a market cap of $19.5 billion, it responds to changing lifestyle preferences by providing access to high-quality, updated homes featuring a range of amenities.
The REIT has underperformed the broader market over the past year. INVH stock is down marginally over the past 52 weeks compared to the S&P 500 Index’s ($SPX) 31.1% gains over the same time frame. In 2024, INVH stock dropped 6.8%, lagging behind SPX’s 19.8% returns on a YTD basis.
