WallStSmart
INVH

Invitation Homes Inc

NYSE: INVH · REAL ESTATE · REIT - RESIDENTIAL

$28.77
+2.49% today

Updated 2026-04-30

Market cap
$16.83B
P/E ratio
29.55
P/S ratio
6.19x
EPS (TTM)
$0.95
Dividend yield
4.16%
52W range
$24 – $34
Volume
6.6M

Invitation Homes Inc (INVH) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for INVH.

WallStSmart Verdict
Fairly
Valued

Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.

Smart Value Score: 56 / 100
P/E (TTM)
29.6x
vs 5Y median of 40.9x
PEG
12.92
Elevated vs growth
Margin of Safety
+24.70%
Fair value $36.12 vs $28.77
EV / EBITDA
14.5x

INVH historical valuation range

Where current P/E sits in INVH's own 5Y range.

NOW
27.0x
5Y Low
29.6x
25th
40.9x
Median
49.7x
75th
100.8x
5Y High
INVH is trading cheaper than 72% of the last 5Y.
28th percentile · Below median

INVH intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$28.77
Market value
Intrinsic value
$36.12
DCF estimate
Margin of safety
+24.70%
+25.5% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

INVH valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

PEG above 2.0
PEG of 12.92 suggests price is running ahead of growth rate. Caution warranted.
!
P/E in mid-range
P/E sits at the 28th percentile of the 5Y range. Neither cheap nor rich historically.
Strong margin of safety
Current price 24.7% below DCF intrinsic value estimate. Meaningful downside cushion.

P/E Ratio — History

Current: 29.55x

P/S Ratio — History

Current: 6.19x

Is INVH overvalued in 2026?

Invitation Homes Inc (INVH) currently trades at $28.77 per share with a market capitalization of $16,826,450,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 56/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 29.6x, below its 5-year median of 40.9x. The PEG ratio of 12.92 indicates the price has run ahead of the underlying growth rate.

Looking at its own history, INVH is currently trading cheaper than 72% of the last 5Y on P/E. This places it in the 28th percentile of its historical range, a reasonable but unremarkable position.

Our discounted cash flow model estimates INVH's intrinsic value at $36.12 per share, against the current market price of $28.77. This implies a margin of safety of +24.70%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.

The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.

Bottom line: INVH trades at a fair valuation on our framework, with a Smart Value Score of 56/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.

Frequently asked questions

Is INVH overvalued in 2026?

Based on a Smart Value Score of 56/100, INVH is fairly valued. Price reasonably reflects current fundamentals with limited cushion in either direction.

What is INVH's fair value?

Our DCF model estimates INVH's intrinsic value at $36.12 per share, versus the current price of $28.77. This produces a margin of safety of +24.70%.

What P/E ratio does INVH trade at?

INVH trades at a P/E of 29.6x on trailing twelve-month earnings, compared to its 5-year median of 40.9x.

Is INVH a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 56/100 reflects the combined read on growth, quality, and price. The profile is balanced. Best suited for investors with an existing thesis.

How does INVH's valuation compare to its history?

On P/E, INVH currently sits in the 28th percentile of its own 5Y range. That is below its long-run median relative to where it has traded over the period.

What is INVH's Smart Value Score?

INVH's Smart Value Score is 56/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.