Invitation Home (NYSE:INVH) to Issue Quarterly Dividend of $0.30

Invitation Home (NYSE:INVH) announced a quarterly dividend on Friday, June 12th. Stockholders of record on Thursday, June 25th will be given a dividend of 0.30 per share on Friday, July 17th. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 25th.

Invitation Home has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 1 years. Invitation Home has a payout ratio of 141.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Invitation Home to earn $1.97 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 60.9%.

Invitation Home Price Performance

NYSE:INVH opened at $29.68 on Friday. Invitation Home has a 1-year low of $24.25 and a 1-year high of $34.25. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50. The firm has a fifty day simple moving average of $28.07 and a 200 day simple moving average of $27.09. The stock has a market capitalization of $17.63 billion, a PE ratio of 31.24, a P/E/G ratio of 3.45 and a beta of 0.85.

Invitation Home (NYSE:INVH) last issued its earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. The business had revenue of $579.00 million for the quarter, compared to the consensus estimate of $689.92 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, research analysts expect that Invitation Home will post 1.89 EPS for the current fiscal year.

Institutional Trading of Invitation Home

Several hedge funds and other institutional investors have recently modified their holdings of INVH. Hantz Financial Services Inc. raised its holdings in Invitation Home by 1,695.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock valued at $33,000 after acquiring an additional 1,068 shares during the period. Smartleaf Asset Management LLC grew its position 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 purchasing an additional 466 shares during the last quarter. Cromwell Holdings LLC grew its position in shares of Invitation Home by 2,463.5% in the fourth quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after purchasing an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake 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 worth $40,000 after purchasing an additional 1,360 shares during the period. Finally, Prosperity Bancshares Inc bought a new position in shares of Invitation Home during the fourth quarter worth approximately $42,000. Institutional investors 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.