Invitation Homes (INVH) Scheduled to Post Quarterly Earnings on Wednesday

Invitation Homes (NYSE:INVH) will be issuing its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.27 per share for the quarter.

Invitation Homes (NYSE INVH) opened at $21.05 on Wednesday. The stock has a market capitalization of $10,910.00 and a PE ratio of -77.96. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.84 and a quick ratio of 0.84. Invitation Homes has a 52 week low of $20.25 and a 52 week high of $24.30.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Tuesday, February 13th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.09%. This is an increase from Invitation Homes’s previous quarterly dividend of $0.08. The ex-dividend date is Monday, February 12th. Invitation Homes’s payout ratio is currently -118.52%.

INVH has been the topic of a number of recent analyst reports. B. Riley set a $26.00 price objective on Invitation Homes and gave the company a “buy” rating in a research note on Wednesday, November 15th. JPMorgan Chase & Co. initiated coverage on Invitation Homes in a research note on Tuesday, December 12th. They issued an “overweight” rating on the stock. Mizuho initiated coverage on Invitation Homes in a research note on Thursday, December 14th. They issued a “buy” rating and a $27.00 price objective on the stock. Citigroup initiated coverage on Invitation Homes in a research note on Friday, December 8th. They issued a “buy” rating and a $27.00 price objective on the stock. Finally, Deutsche Bank reissued a “buy” rating and issued a $26.00 price objective on shares of Invitation Homes in a research note on Wednesday, November 29th. Two research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Invitation Homes currently has a consensus rating of “Buy” and a consensus price target of $25.06.

In related news, Director John Bartling sold 188,850 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $23.11, for a total transaction of $4,364,323.50. Following the transaction, the director now directly owns 482,665 shares of the company’s stock, valued at approximately $11,154,388.15. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

TRADEMARK VIOLATION NOTICE: This piece of content was published by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States and international copyright law. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/14/invitation-homes-invh-scheduled-to-post-quarterly-earnings-on-wednesday.html.

Invitation Homes Company Profile

Invitation Homes Inc is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. The Company’s segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments.

Receive News & Ratings for Invitation Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invitation Homes and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply