Invitation Home (NYSE:INVH) Price Target Cut to $31.00 by Analysts at Citigroup

Invitation Home (NYSE:INVH) had its price objective cut by equities research analysts at Citigroup from $36.50 to $31.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s price objective suggests a potential upside of 21.93% from the company’s current price.

A number of other equities research analysts have also recently commented on INVH. Mizuho reissued a “neutral” rating and set a $27.00 price target (down from $30.00) on shares of Invitation Home in a report on Thursday, January 8th. Scotiabank cut their price objective on shares of Invitation Home from $31.00 to $28.00 and set a “sector perform” rating for the company in a report on Wednesday, January 14th. Morgan Stanley lowered their target price on shares of Invitation Home from $35.00 to $34.00 and set an “equal weight” rating on the stock in a report on Thursday, November 13th. UBS Group set a $40.00 target price on shares of Invitation Home in a research note on Wednesday, January 21st. Finally, Bank of America decreased their price target on shares of Invitation Home from $37.00 to $36.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 12th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Invitation Home currently has an average rating of “Moderate Buy” and a consensus price target of $33.35.

Invitation Home Stock Performance

NYSE INVH traded down $0.25 during trading hours on Wednesday, hitting $25.43. 2,928,254 shares of the company’s stock traded hands, compared to its average volume of 7,270,445. Invitation Home has a 52 week low of $25.21 and a 52 week high of $35.80. The firm has a market capitalization of $15.49 billion, a P/E ratio of 26.48, a P/E/G ratio of 2.81 and a beta of 0.83. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.44. The business’s fifty day moving average price is $26.92 and its two-hundred day moving average price is $28.18.

Invitation Home (NYSE:INVH) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.21). Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. The business had revenue of $685.25 million for the quarter, compared to the consensus estimate of $683.00 million. During the same period in the previous year, the firm earned $0.47 EPS. The company’s revenue was up 4.0% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Equities research analysts predict that Invitation Home will post 1.83 EPS for the current year.

Institutional Investors Weigh In On Invitation Home

Several institutional investors have recently made changes to their positions in INVH. Pacer Advisors Inc. increased its position in shares of Invitation Home by 72.8% during the fourth quarter. Pacer Advisors Inc. now owns 77,720 shares of the company’s stock worth $2,160,000 after acquiring an additional 32,740 shares during the period. Corient Private Wealth LLC increased its holdings in Invitation Home by 8.3% during the 4th quarter. Corient Private Wealth LLC now owns 30,087 shares of the company’s stock worth $818,000 after purchasing an additional 2,298 shares during the period. Ameriflex Group Inc. purchased a new position in Invitation Home during the 4th quarter worth $69,000. Mercer Global Advisors Inc. ADV grew its position in shares of Invitation Home by 62.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 69,726 shares of the company’s stock worth $1,938,000 after buying an additional 26,845 shares in the last quarter. Finally, Delta Global Management LP grew its position in shares of Invitation Home by 7.3% during the 4th quarter. Delta Global Management LP now owns 87,464 shares of the company’s stock worth $2,431,000 after buying an additional 5,978 shares in the last quarter. 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.