Invitation Home (NYSE:INVH – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $25.18 and last traded at $25.1950, with a volume of 1962224 shares changing hands. The stock had previously closed at $25.75.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on INVH shares. Citizens Jmp decreased their target price on shares of Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a research report on Friday, February 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Invitation Home in a research report on Monday, December 29th. Evercore set a $31.00 price objective on Invitation Home in a research note on Friday, February 20th. Wells Fargo & Company dropped their price objective on Invitation Home from $31.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, March 5th. Finally, Scotiabank cut their target price on Invitation Home from $28.00 to $27.00 and set a “sector perform” rating for the company in a research report on Wednesday, March 4th. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $32.94.
Get Our Latest Stock Report on Invitation Home
Invitation Home Trading Down 2.3%
Invitation Home (NYSE:INVH – Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.21). The business had revenue of $685.25 million for the quarter, compared to analyst estimates of $683.00 million. Invitation Home had a return on equity of 6.24% and a net margin of 21.53%.Invitation Home’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the firm posted $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Equities analysts expect that Invitation Home will post 1.83 earnings per share for the current year.
Invitation Home Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.30 per share. This is a boost from Invitation Home’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $1.20 annualized dividend and a dividend yield of 4.8%. Invitation Home’s payout ratio is presently 125.00%.
Institutional Trading of Invitation Home
A number of hedge funds have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. increased its holdings in shares of 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 grew its position in Invitation Home by 59.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after acquiring an additional 466 shares during the last quarter. Cromwell Holdings LLC increased its holdings in Invitation Home by 2,463.5% in the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock worth $37,000 after purchasing an additional 1,281 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in 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 purchasing an additional 1,360 shares in the last quarter. Finally, Mather Group LLC. bought a new position in Invitation Home in the third quarter valued at about $42,000. Institutional investors and hedge funds own 96.79% of the company’s stock.
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.
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