Invitation Home (INVH) to Distribute Quarterly Dividend of $0.30 on October 16th

Invitation Home (NYSE:INVH) declared a quarterly dividend on Thursday, September 10th. Investors of record on Thursday, September 24th will be given a dividend of 0.30 per share on Friday, October 16th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Thursday, September 24th.

Invitation Home has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Invitation Home has a dividend payout ratio of 141.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Invitation Home to earn $1.98 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 60.6%.

Invitation Home Stock Up 0.7%

Shares of NYSE:INVH opened at $27.09 on Tuesday. The stock’s 50-day moving average price is $29.34 and its two-hundred day moving average price is $28.33. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. Invitation Home has a 12-month low of $24.25 and a 12-month high of $30.89. The firm has a market cap of $16.00 billion, a price-to-earnings ratio of 24.85, a PEG ratio of 3.83 and a beta of 0.83.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.17 by $0.34. The company had revenue of $747.55 million during the quarter, compared to analysts’ expectations of $731.13 million. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The firm’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, research analysts forecast that Invitation Home will post 1.9 EPS for the current year.

About Invitation Home

Invitation Homes Inc (NYSE: INVH) is a real estate investment trust that owns, leases and operates single-family homes in the United States. The company provides residents with professionally managed rental homes, including leasing support, property maintenance and resident services.

Invitation Homes focuses primarily on metropolitan areas across the Sun Belt and other high-growth U.S. markets. Its portfolio includes detached homes in established neighborhoods, and the company manages the acquisition, renovation, leasing and ongoing operation of those properties.

The company was founded in 2012 and became a public company in 2017 following its merger with Starwood Waypoint Homes.