Invitation Home (NYSE:INVH) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Invitation Home (NYSE:INVH) have been assigned an average rating of “Moderate Buy” from the eighteen analysts that are covering the firm, MarketBeat reports. Nine analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $34.9118.

A number of equities research analysts have weighed in on the company. Oppenheimer set a $38.00 target price on Invitation Home and gave the stock an “outperform” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. reduced their price objective 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. Morgan Stanley dropped their target price on shares of Invitation Home from $35.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 13th. Royal Bank Of Canada cut their target price on shares of Invitation Home from $33.00 to $32.00 and set a “sector perform” rating on the stock in a research note on Friday, October 31st. Finally, Scotiabank decreased their price target on shares of Invitation Home from $36.00 to $31.00 and set a “sector perform” rating for the company in a research note on Monday, November 10th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of Invitation Home by 78.7% in the first quarter. LPL Financial LLC now owns 137,605 shares of the company’s stock valued at $4,796,000 after buying an additional 60,604 shares during the last quarter. Vanguard Group Inc. increased its position in Invitation Home by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 94,306,901 shares of the company’s stock valued at $3,286,595,000 after acquiring an additional 829,212 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Invitation Home by 1.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,664,294 shares of the company’s stock valued at $232,251,000 after acquiring an additional 65,843 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Invitation Home by 8.4% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,436,517 shares of the company’s stock worth $50,063,000 after acquiring an additional 110,892 shares during the period. Finally, Citigroup Inc. lifted its position in Invitation Home by 15.7% during the 1st quarter. Citigroup Inc. now owns 553,326 shares of the company’s stock worth $19,283,000 after acquiring an additional 75,058 shares during the period. Institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Performance

Shares of INVH opened at $27.14 on Friday. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.42. The firm’s fifty day simple moving average is $28.26 and its two-hundred day simple moving average is $30.48. Invitation Home has a 12 month low of $27.11 and a 12 month high of $35.80. The stock has a market capitalization of $16.63 billion, a P/E ratio of 28.56, a price-to-earnings-growth ratio of 2.67 and a beta of 0.83.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.The firm had revenue of $688.17 million during the quarter, compared to analyst estimates of $679.41 million. During the same period last year, the company posted $0.47 EPS. The business’s quarterly revenue was up 4.2% on a year-over-year basis. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. As a group, analysts predict that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, September 25th were paid a $0.29 dividend. The ex-dividend date was Thursday, September 25th. This represents a $1.16 annualized dividend and a dividend yield of 4.3%. Invitation Home’s dividend payout ratio (DPR) is currently 122.11%.

Invitation Home Company Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.