INVH Q3 FY2026 earnings call

Invitation Homes (INVH) reported strong Q3 2026 results, with core FFO per share up 2.4% to $0.48 and same-store blended rent growth accelerating to 3.0%, primarily driven by a 4.3% increase in renewal rents. The company raised its full-year 2026 core FFO guidance midpoint to $1.94–$1.98 per share and increased its same-store NOI growth midpoint to 1.2%, citing favorable property tax outcomes and robust leasing fundamentals. Invitation Homes continues its capital allocation strategy of selling homes and repurchasing shares, with $833 million in dispositions used to buy back 37 million shares for $989 million year-to-date, and the board authorized a new $500 million repurchase program.