Invitation Home (NYSE:INVH – Get Free Report) has been assigned an average rating of “Moderate Buy” from the sixteen brokerages that are covering the stock, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $34.70.
INVH has been the subject of a number of research reports. Morgan Stanley reduced their price target on shares of Invitation Home from $35.00 to $34.00 and set an “equal weight” rating for the company in a report on Thursday, November 13th. Barclays reissued an “overweight” rating and set a $33.00 price objective on shares of Invitation Home in a research report on Tuesday, January 13th. Oppenheimer set a $38.00 target price on Invitation Home and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Citigroup reaffirmed a “market outperform” rating on shares of Invitation Home in a research note on Wednesday. Finally, Royal Bank Of Canada reduced their price objective on Invitation Home from $33.00 to $32.00 and set a “sector perform” rating for the company in a research note on Friday, October 31st.
Check Out Our Latest Stock Report on INVH
Invitation Home Price Performance
Invitation Home (NYSE:INVH – Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. Invitation Home had a net margin of 21.70% and a return on equity of 6.03%. The company had revenue of $688.17 million during the quarter, compared to the consensus estimate of $679.41 million. During the same quarter last year, the firm posted $0.47 EPS. The company’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. On average, equities analysts anticipate that Invitation Home will post 1.83 EPS for the current 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 given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Tuesday, December 23rd. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s payout ratio is 126.32%.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Hantz Financial Services Inc. lifted its position in shares of Invitation Home by 1,695.2% during the 3rd 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 grew its holdings in shares of Invitation Home by 59.1% in the third 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 in the last quarter. Cromwell Holdings LLC increased its position in shares of Invitation Home by 2,463.5% during the fourth quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after acquiring an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of Invitation Home by 136,000.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after acquiring an additional 1,360 shares during the last quarter. Finally, Mather Group LLC. bought a new stake in Invitation Home during the third quarter worth $42,000. 96.79% of the stock is owned by institutional investors.
Invitation Home Company Profile
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.
Featured Stories
- Five stocks we like better than Invitation Home
- A U.S. “birthright” claim worth trillions – activated quietly
- Buy This Stock at 9:30 AM on MONDAY!
- What Expenses Can Be Deducted From Capital Gains Tax?
- This stock gets a 94 out of 100
- Nvidia x 1,000,000
Receive News & Ratings for Invitation Home Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invitation Home and related companies with MarketBeat.com's FREE daily email newsletter.
