Invitation Home (NYSE:INVH) Price Target Cut to $27.00 by Analysts at Scotiabank

Invitation Home (NYSE:INVH) had its price objective trimmed by Scotiabank from $28.00 to $27.00 in a report published on Wednesday morning,Benzinga reports. The firm currently has a sector perform rating on the stock.

Other analysts also recently issued research reports about the company. Oppenheimer cut their target price on Invitation Home from $38.00 to $31.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Royal Bank Of Canada cut their price objective on shares of Invitation Home from $30.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Friday, February 20th. JPMorgan Chase & Co. decreased their target price on shares of Invitation Home from $38.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday, November 18th. KeyCorp lowered their target price on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. Finally, Bank of America reduced their price target on shares of Invitation Home from $37.00 to $36.00 and set a “neutral” rating for the company in a research note on Wednesday, November 12th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Invitation Home has a consensus rating of “Moderate Buy” and an average price target of $33.29.

Invitation Home Trading Up 2.1%

Shares of NYSE:INVH opened at $26.83 on Wednesday. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.44. The company’s 50-day moving average price is $26.80 and its 200 day moving average price is $28.03. The company has a market cap of $16.35 billion, a PE ratio of 27.95, a P/E/G ratio of 2.84 and a beta of 0.83. Invitation Home has a fifty-two week low of $25.21 and a fifty-two week high of $35.80.

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

Invitation Home Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, December 23rd were given a dividend of $0.30 per share. This is a positive change from Invitation Home’s previous quarterly dividend of $0.29. The ex-dividend date was Tuesday, December 23rd. This represents a $1.20 annualized dividend and a dividend yield of 4.5%. Invitation Home’s payout ratio is 125.00%.

Institutional Trading of Invitation Home

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Hantz Financial Services Inc. boosted its holdings in Invitation Home by 1,695.2% during the third quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after buying an additional 1,068 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Invitation Home by 59.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after acquiring an additional 466 shares during the last quarter. Cromwell Holdings LLC boosted its stake in shares of Invitation Home by 2,463.5% during the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock worth $37,000 after acquiring an additional 1,281 shares in the last quarter. Caitong International Asset Management Co. Ltd grew 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 worth $40,000 after acquiring an additional 1,360 shares during the last quarter. Finally, Mather Group LLC. acquired a new stake in shares of Invitation Home during the third quarter worth $42,000. 96.79% of the stock is currently owned by institutional investors.

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.