Moody's revises invitation homes’ rating outlook from ‘stable’ to ‘positive’
Dallas--(business wire)--invitation homes inc. (nyse: invh) (“invitation homes” or the “company”) announced today that moody’s investors service (“moody’s”) revised its rating outlook for the company from ‘stable’ to ‘positive’ and affirmed all of the company’s ratings, including the baa3 senior unsecured rating. in its public announcement on the matter, moody’s emphasized the company’s “scale as a leading single-family home (sfr) owner/operator with a strengthened balance sheet with improved leverage metrics and a flexible capital structure” and that the company "maintains good liquidity and access to capital to meet its near-term debt obligations, which are manageable including extension options.” moody’s also noted that the company’s “large portfolio is spread across sought after residential neighborhoods, located predominantly in thriving sun belt markets with attractive demand drivers and high-growth potential” and that the company’s “operating performance has proven resilient over the past several years, supported by the structural and secular trends that are constructive for the broader us housing rental market.” about invitation homes invitation homes, an s&p500 company, is the nation's premier single-family home leasing company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. the company's mission, "together with you, we make a house a home," reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.
INVH Ratings Summary
INVH Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission