Analysts Set Invitation Home (NYSE:INVH) Target Price at $32.11

Shares of Invitation Home (NYSE:INVH) have been given a consensus rating of “Hold” by the twenty-one brokerages that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $32.1053.

INVH has been the subject of a number of analyst reports. Cfra downgraded shares of Invitation Home from a “hold” rating to a “sell” rating and dropped their price target for the company from $29.00 to $27.00 in a research report on Wednesday, May 27th. Compass Point initiated coverage on shares of Invitation Home in a research report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 price target for the company. Royal Bank Of Canada lifted their price target on shares of Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, May 1st. Weiss Ratings upgraded shares of Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Invitation Home from $28.00 to $29.00 and gave the company a “market perform” rating in a research report on Monday, May 4th.

Institutional Investors Weigh In On Invitation Home

Hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC raised its position in Invitation Home by 67.4% during the first quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock valued at $2,589,000 after purchasing an additional 29,962 shares in the last quarter. Empowered Funds LLC raised its position in Invitation Home by 10.7% during the first quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock valued at $464,000 after purchasing an additional 1,290 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Invitation Home during the second quarter valued at approximately $287,000. Cetera Investment Advisers raised its position in Invitation Home by 8.5% during the second quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock valued at $637,000 after purchasing an additional 1,528 shares in the last quarter. Finally, Cresset Asset Management LLC raised its position in Invitation Home by 5.5% during the second quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock valued at $515,000 after purchasing an additional 809 shares in the last quarter. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Invitation Home Trading Up 1.6%

Shares of INVH stock opened at $30.38 on Thursday. The firm has a 50 day moving average price of $28.71 and a two-hundred day moving average price of $27.18. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $18.05 billion, a PE ratio of 31.98, a price-to-earnings-growth ratio of 3.57 and a beta of 0.85. Invitation Home has a 12-month low of $24.25 and a 12-month high of $33.21.

Invitation Home (NYSE:INVH) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.08. The firm had revenue of $579.00 million during 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 business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period last year, the business posted $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, analysts predict that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, June 25th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Thursday, June 25th. Invitation Home’s payout ratio is presently 126.32%.

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.