Brokerages Set Invitation Home (NYSE:INVH) Target Price at $34.70

Invitation Home (NYSE:INVH) has earned an average recommendation of “Moderate Buy” from the eighteen brokerages that are covering the stock, MarketBeat.com reports. Eight research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $33.3529.

INVH has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods dropped their price objective on shares of Invitation Home from $31.00 to $28.00 and set a “market perform” rating on the stock in a research report on Wednesday. Evercore set a $31.00 target price on shares of Invitation Home in a research note on Friday, February 20th. Morgan Stanley cut their price target on Invitation Home from $35.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 13th. Scotiabank decreased their price target on Invitation Home from $31.00 to $28.00 and set a “sector perform” rating for the company in a report on Wednesday, January 14th. Finally, Mizuho reaffirmed a “neutral” rating and set a $27.00 price objective (down from $30.00) on shares of Invitation Home in a research report on Thursday, January 8th.

Invitation Home Price Performance

INVH stock opened at $26.29 on Friday. The business’s 50-day moving average is $26.86 and its two-hundred day moving average is $28.15. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.03 and a quick ratio of 0.03. The firm has a market capitalization of $16.02 billion, a P/E ratio of 27.39, a P/E/G ratio of 2.77 and a beta of 0.83. Invitation Home has a 1 year low of $25.21 and a 1 year high of $35.80.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, February 18th. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.21). The firm had revenue of $685.25 million for the quarter, compared to analysts’ expectations of $683.00 million. Invitation Home had a return on equity of 6.24% and a net margin of 21.53%.The firm’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.47 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Analysts anticipate that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Tuesday, December 23rd were paid a $0.30 dividend. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 4.6%. The ex-dividend date was Tuesday, December 23rd. Invitation Home’s payout ratio is currently 125.00%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of INVH. Hantz Financial Services Inc. raised its stake 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 worth $33,000 after acquiring an additional 1,068 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Invitation Home by 59.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after purchasing an additional 466 shares during the last quarter. Cromwell Holdings LLC increased its position in shares of Invitation Home by 2,463.5% during the fourth quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock worth $37,000 after purchasing an additional 1,281 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Invitation Home by 136,000.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after purchasing an additional 1,360 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of Invitation Home in the 3rd quarter valued at about $42,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

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.