Invitation Home (NYSE:INVH) Hits New 12-Month Low – Here’s Why

Shares of Invitation Home (NYSE:INVH) reached a new 52-week low on Thursday . The company traded as low as $24.86 and last traded at $25.0080, with a volume of 503269 shares trading hands. The stock had previously closed at $24.96.

Analysts Set New Price Targets

A number of brokerages recently commented on INVH. Wells Fargo & Company decreased their price objective on Invitation Home from $31.00 to $28.00 and set an “equal weight” rating for the company in a research note on Thursday, March 5th. Scotiabank reduced their target price on Invitation Home from $28.00 to $27.00 and set a “sector perform” rating on the stock in a report on Wednesday, March 4th. Citizens Jmp reduced their target price on Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Invitation Home in a research note on Monday, December 29th. Finally, Royal Bank Of Canada cut their price target on shares of Invitation Home from $30.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Friday, February 20th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.88.

Invitation Home Stock Down 2.4%

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.03 and a current ratio of 0.03. The firm’s fifty day simple moving average is $26.31 and its 200 day simple moving average is $27.59. The stock has a market capitalization of $14.87 billion, a price-to-earnings ratio of 25.41, a P/E/G ratio of 2.67 and a beta of 0.83.

Invitation Home (NYSE:INVH) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.21). Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. The company had revenue of $685.25 million during the quarter, compared to analyst estimates of $683.00 million. During the same quarter last year, the company earned $0.47 EPS. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, sell-side analysts forecast that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, March 26th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a yield of 4.9%. Invitation Home’s dividend payout ratio is presently 125.00%.

Institutional Trading of Invitation Home

Hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank acquired a new position in shares of Invitation Home during the fourth quarter worth about $1,438,952,000. UBS Group AG grew its holdings in shares of Invitation Home by 101.4% during the third quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock worth $145,966,000 after buying an additional 2,505,909 shares in the last quarter. Amundi raised its position in Invitation Home by 169.0% in the 3rd quarter. Amundi now owns 3,296,876 shares of the company’s stock valued at $93,038,000 after buying an additional 2,071,407 shares during the last quarter. BNP Paribas Financial Markets raised its position in Invitation Home by 79.6% in the 4th quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock valued at $125,737,000 after buying an additional 2,004,728 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Invitation Home by 53.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock valued at $149,441,000 after acquiring an additional 1,884,188 shares in the last quarter. 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.