Invitation Home (NYSE:INVH) Receives $32.53 Consensus Target Price from Brokerages

Invitation Home (NYSE:INVH) has received an average rating of “Hold” from the twenty-one analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and ten have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $32.5263.

INVH has been the subject of several research reports. Raymond James Financial upgraded shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a research note on Monday, May 18th. Wells Fargo & Company raised shares of Invitation Home from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $31.00 to $33.00 in a research note on Wednesday, June 24th. Keefe, Bruyette & Woods increased their target price on shares of Invitation Home from $29.00 to $31.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 5th. Scotiabank lifted their price target on Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Finally, Citigroup reaffirmed a “buy” rating on shares of Invitation Home in a report on Thursday, August 6th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Clearstead Trust LLC purchased a new stake in Invitation Home in the 2nd quarter worth $28,000. Parkside Financial Bank & Trust grew its position in shares of Invitation Home by 110.8% in the second quarter. Parkside Financial Bank & Trust now owns 1,018 shares of the company’s stock valued at $31,000 after purchasing an additional 535 shares during the period. Raiffeisen Bank International AG increased its stake in shares of Invitation Home by 174.5% during the second quarter. Raiffeisen Bank International AG now owns 1,301 shares of the company’s stock worth $40,000 after purchasing an additional 827 shares in 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 in the last quarter. Finally, Prosperity Bancshares Inc acquired a new position in shares of Invitation Home during the 4th quarter worth about $42,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Performance

Shares of INVH stock opened at $27.57 on Tuesday. The business has a fifty day moving average of $29.65 and a 200 day moving average of $28.26. Invitation Home has a 1 year low of $24.25 and a 1 year high of $30.89. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02. The firm has a market capitalization of $16.28 billion, a price-to-earnings ratio of 25.29, a price-to-earnings-growth ratio of 3.92 and a beta of 0.83.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.34. The business had revenue of $747.55 million for the quarter, compared to the consensus estimate of $731.13 million. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The company’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, research analysts expect that Invitation Home will post 1.9 earnings per share for the current year.

Invitation Home Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, September 24th will be given a $0.30 dividend. The ex-dividend date is Thursday, September 24th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.4%. Invitation Home’s payout ratio is 110.09%.

Invitation Home Company Profile

Invitation Homes Inc (NYSE: INVH) is a real estate investment trust that owns, leases and operates single-family homes in the United States. The company provides residents with professionally managed rental homes, including leasing support, property maintenance and resident services.

Invitation Homes focuses primarily on metropolitan areas across the Sun Belt and other high-growth U.S. markets. Its portfolio includes detached homes in established neighborhoods, and the company manages the acquisition, renovation, leasing and ongoing operation of those properties.

The company was founded in 2012 and became a public company in 2017 following its merger with Starwood Waypoint Homes.