Invitation Home (NYSE:INVH) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Invitation Home (NYSE:INVH) from a hold rating to a sell rating in a research note released on Saturday morning.

Several other brokerages also recently issued reports on INVH. KeyCorp cut their target price on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating for the company in a research note on Friday. UBS Group set a $40.00 price objective on Invitation Home in a research note on Wednesday, January 21st. Evercore set a $31.00 target price on Invitation Home in a research note on Friday. Barclays reissued an “overweight” rating and set a $33.00 target price on shares of Invitation Home in a report on Tuesday, January 13th. Finally, Citigroup restated a “market outperform” rating on shares of Invitation Home in a research note on Wednesday, January 21st. Ten equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.38.

Invitation Home Trading Up 1.4%

Shares of Invitation Home stock opened at $25.64 on Friday. The stock has a market cap of $15.63 billion, a P/E ratio of 26.71, a P/E/G ratio of 2.77 and a beta of 0.83. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.44. Invitation Home has a 12-month low of $25.23 and a 12-month high of $35.80. The business’s 50 day moving average is $26.94 and its 200-day moving average is $28.21.

Invitation Home (NYSE:INVH) last issued 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). Invitation Home had a return on equity of 6.24% and a net margin of 21.53%.The firm had revenue of $685.25 million for the quarter, compared to analyst estimates of $683.00 million. During the same quarter in the previous year, the firm posted $0.47 earnings per share. Invitation Home’s quarterly revenue was up 4.0% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Equities research analysts predict that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Tuesday, December 23rd were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.7%. This is a boost from Invitation Home’s previous quarterly dividend of $0.29. The ex-dividend date was Tuesday, December 23rd. Invitation Home’s dividend payout ratio is currently 125.00%.

Institutional Trading of Invitation Home

Hedge funds and other institutional investors have recently bought and sold shares of the business. Corient Private Wealth LLC boosted its holdings in Invitation Home by 8.3% in the 4th quarter. Corient Private Wealth LLC now owns 30,087 shares of the company’s stock valued at $818,000 after purchasing an additional 2,298 shares during the period. Ameriflex Group Inc. bought a new stake in shares of Invitation Home in the fourth quarter valued at approximately $69,000. Mercer Global Advisors Inc. ADV grew its position in Invitation Home by 62.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 69,726 shares of the company’s stock worth $1,938,000 after buying an additional 26,845 shares in the last quarter. Delta Global Management LP grew its position in Invitation Home by 7.3% during the fourth quarter. Delta Global Management LP now owns 87,464 shares of the company’s stock worth $2,431,000 after buying an additional 5,978 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in Invitation Home by 3,188.8% during the 4th quarter. NewEdge Advisors LLC now owns 8,255 shares of the company’s stock worth $229,000 after acquiring an additional 8,004 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

About Invitation Home

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.