Invitation Home (NYSE:INVH) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Invitation Home (NYSE:INVH) have received an average rating of “Moderate Buy” from the sixteen brokerages that are presently covering the company, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $34.50.

A number of research analysts recently commented on INVH shares. Keefe, Bruyette & Woods cut their target price on Invitation Home from $33.00 to $31.00 and set a “market perform” rating for the company in a research note on Wednesday, November 5th. Scotiabank dropped their price objective on shares of Invitation Home from $36.00 to $31.00 and set a “sector perform” rating for the company in a research note on Monday, November 10th. Mizuho set a $27.00 target price on shares of Invitation Home in a research report on Thursday. JPMorgan Chase & Co. lowered their target price on shares of Invitation Home from $38.00 to $37.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 18th. Finally, Oppenheimer set a $38.00 price target on shares of Invitation Home and gave the stock an “outperform” rating in a research note on Tuesday, November 4th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. acquired a new stake in shares of Invitation Home in the 2nd quarter valued at $30,000. Hantz Financial Services Inc. lifted its holdings in Invitation Home by 1,695.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock valued at $33,000 after purchasing an additional 1,068 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in Invitation Home by 59.1% in the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after buying an additional 466 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Invitation Home by 136,000.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after buying an additional 1,360 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its stake in Invitation Home by 49.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,272 shares of the company’s stock worth $42,000 after buying an additional 421 shares during the last quarter. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Invitation Home Stock Down 6.0%

INVH stock opened at $26.41 on Thursday. Invitation Home has a twelve month low of $25.29 and a twelve month high of $35.80. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.42. The company has a market cap of $16.19 billion, a PE ratio of 27.79, a price-to-earnings-growth ratio of 2.65 and a beta of 0.83. The business’s 50-day simple moving average is $27.65 and its 200 day simple moving average is $29.48.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.The firm had revenue of $688.17 million during the quarter, compared to analysts’ expectations of $679.41 million. During the same quarter in the prior year, the firm posted $0.47 EPS. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. On average, research analysts anticipate that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Tuesday, December 23rd will be given a dividend of $0.30 per share. This is a boost from Invitation Home’s previous quarterly dividend of $0.29. The ex-dividend date is Tuesday, December 23rd. This represents a $1.20 annualized dividend and a dividend yield of 4.5%. Invitation Home’s dividend payout ratio is 126.32%.

Invitation Home Company Profile

Invitation Homes (NYSE: INVH) is a real estate investment trust that specializes in the ownership, operation and leasing of single-family rental homes across the United States. The company focuses on acquiring suburban and urban-adjacent single-family residences and managing them as rental properties for households seeking professionally managed, long-term housing alternatives to traditional homeownership or multifamily rentals.

Operationally, Invitation Homes is involved in the full lifecycle of the single-family rental business: sourcing and acquiring homes, performing renovations and ongoing maintenance, marketing and leasing properties, and providing property management and resident services.