News Summary
Invitation Homes, the largest single-family home leasing and management firm in the U.S., announces its dual listing on NYSE Texas to enhance market access. CEO Dallas Tanner emphasizes the move’s significance for Texas’s business reputation. Other companies in the Dallas area plan similar listings, benefiting regional visibility and investor engagement. Recently, the company reported strong financials, exceeding earnings expectations, and revealed plans for further expansions in home acquisitions and local developments. This development signals a positive trajectory for the local economy and housing market.
Exciting News from Dallas: Invitation Homes Joins NYSE Texas!
If you’re in Dallas, you might have heard the buzz about Invitation Homes, and it’s all good! This company, recognized as the largest single-family home leasing and management firm in the U.S., has just made a splash by announcing a dual listing for its common stock on NYSE Texas. This move seeks to enhance market access not only for itself but for other regional companies looking to expand their horizons.
A Growing Business-Friendly Landscape
Dallas Tanner, the CEO of Invitation Homes, shared how this dual listing solidifies Texas’s reputation as a business-friendly location. By being a founding member of NYSE Texas, Invitation Homes is setting a strong example for other local firms. The beauty of this route is that while the company will keep its primary listing on the New York Stock Exchange (NYSE), it will also trade under the ticker symbol “INVH” on the new local exchange.
Others Following Suit
Invitation Homes isn’t flying solo in this endeavor. Other heavyweights from the Dallas-Fort Worth area like D.R. Horton and Globe Life have expressed their intentions to dual-list on NYSE Texas too. This collective move is expected to increase visibility and access to capital for these companies, ultimately benefiting investors and the regional economy alike. NYSE Texas has its home at the historic Old Parkland office campus in Oak Lawn, offering a sharp blend of past and present in Dallas’s financial landscape.
Impressive Financial Performance
In addition to its listing news, Invitation Homes has just reported its first-quarter 2025 earnings that exceeded expectations. With an earnings per share (EPS) of $0.27, surpassing the anticipated $0.18, and revenue hitting $674.48 million—up from a projected $658.29 million—the company is clearly thriving. To top it all off, they’ve declared a quarterly cash dividend of $0.29 per share, payable on July 18, 2025.
Moreover, analysts are chiming in, recently upgrading Invitation Homes’ stock rating from Neutral to Buy, pushing the price target up to $38.50. Talk about positive momentum!
Expanding Footprints
In a bid to grow its portfolio, Invitation Homes has been busy acquiring over 300 newly constructed single-family homes for more than $100 million in markets where demand is on the rise. The company is clearly dedicated to meeting the needs of families looking for homes in friendly communities.
In an additional stride towards engagement in the local market, Invitation Homes rolled out a developer lending program that includes a significant loan of $32.7 million for a new community in Houston. It seems they are looking to make waves not just in leasing but also in the development arena.
Exciting Developments in the Region
But that’s not all—Dallas is bustling with activity! The Beacon Rail District apartments have opened in downtown Frisco, with a few freshly available apartments that are sure to attract interest. Plus, there’s new medical infrastructure in the pipeline thanks to Texas Health Harris Methodist Hospital, which is developing a five-story patient tower along with a new cancer center.
Let’s not forget about the housing developments in the works as well. Developer Hines is getting ready to lease homes at Meadowlark at Wildflower Ranch, featuring 129 rental homes slated for completion by 2026. There’s plenty of momentum in the region!
Finally, in an interesting twist, Fort Capital, a notable industrial real estate firm from Fort Worth, has been acquired by S2 Capital. This step marks S2’s entry into the dynamic world of industrial real estate, showcasing the ever-evolving landscape of Texas business.
Conclusion
As Invitation Homes steps into this exciting new chapter with its dual listing, all eyes will be on Texas, and especially Dallas, to see how these changes will influence the local economy and housing market. With all these developments on the rise, it’s an exciting time to be in the Lone Star State!
Deeper Dive: News & Info About This Topic
- Business Wire: Invitation Homes Announces Dual Listing On NYSE Texas
- Investing.com: Invitation Homes President Charles D. Young to Resign
- The Globe and Mail: Invitation Homes Announces Dual Listing on NYSE Texas
- Google Search: Invitation Homes
- Encyclopedia Britannica: Invitation Homes
Author: STAFF HERE HOUSTON TX WRITER
HOUSTON STAFF WRITER The HOUSTON STAFF WRITER represents the experienced team at HEREHouston.com, your go-to source for actionable local news and information in Houston, Harris County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Houston Livestock Show and Rodeo, Art Car Parade, and Chevron Houston Marathon. Our coverage extends to key organizations like the Greater Houston Partnership and Houston Area Urban League, plus leading businesses in energy and healthcare that power the local economy such as ExxonMobil, Schlumberger, and Houston Methodist. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
