Invitation Home (NYSE:INVH) Price Target Cut to $26.00 by Analysts at Mizuho

Invitation Home (NYSE:INVH) had its price target dropped by investment analysts at Mizuho from $27.00 to $26.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Mizuho’s price objective would indicate a potential upside of 3.26% from the company’s current price.

Several other brokerages have also recently issued reports on INVH. Barclays lowered their target price on shares of Invitation Home from $33.00 to $31.00 and set an “overweight” rating on the stock in a research note on Friday, March 6th. UBS Group set a $40.00 price target on shares of Invitation Home in a research report on Wednesday, January 21st. Raymond James Financial reiterated a “market perform” rating on shares of Invitation Home in a report on Friday, February 27th. Wall Street Zen cut Invitation Home from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Finally, JPMorgan Chase & Co. cut their price target on Invitation Home from $38.00 to $37.00 and set an “overweight” rating for the company in a report on Tuesday, November 18th. Nine research 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $32.88.

Invitation Home Price Performance

Invitation Home stock traded up $0.07 during midday trading on Friday, reaching $25.18. The company had a trading volume of 1,443,491 shares, compared to its average volume of 7,197,671. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.03 and a quick ratio of 0.03. Invitation Home has a 12-month low of $24.96 and a 12-month high of $35.80. The company has a market capitalization of $15.34 billion, a P/E ratio of 26.22, a P/E/G ratio of 2.69 and a beta of 0.83. The firm’s fifty day simple moving average is $26.57 and its 200-day simple moving average is $27.85.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data 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 for the quarter, compared to analysts’ expectations 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 quarter last year, the firm posted $0.47 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, equities analysts anticipate that Invitation Home will post 1.83 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. CIBC Asset Management Inc increased its holdings in Invitation Home by 446.4% in the 3rd quarter. CIBC Asset Management Inc now owns 452,675 shares of the company’s stock valued at $13,277,000 after purchasing an additional 369,831 shares during the last quarter. PGGM Investments raised its position in Invitation Home by 13.0% in the third quarter. PGGM Investments now owns 5,672,720 shares of the company’s stock valued at $166,381,000 after purchasing an additional 653,539 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in Invitation Home by 5.8% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,339,473 shares of the company’s stock worth $68,617,000 after purchasing an additional 128,561 shares in the last quarter. NEOS Investment Management LLC lifted its stake in Invitation Home by 67.6% during the third quarter. NEOS Investment Management LLC now owns 129,618 shares of the company’s stock worth $3,802,000 after purchasing an additional 52,296 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Invitation Home during the third quarter worth $4,100,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

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.