Invitation Homes reports higher Q2 earnings and raises 2026 guidance

Invitation Homes reported second-quarter 2026 revenue of $748 million, up 9.7% year over year, and net income available to common stockholders of $218 million, or $0.37 per diluted share, while Core FFO per share rose 5.0% to $0.51 and AFFO per share rose 5.9% to $0.44. The company sold 657 wholly owned homes and acquired 196, repurchased approximately $100 million of shares during the quarter, and raised its 2026 Core FFO and AFFO per-share guidance midpoints to $1.95 and $1.65, respectively; it also closed a $500 million senior-notes offering on July 8 to prepay part of its $988 million secured debt obligation due in June 2027.