Invitation Home (NYSE:INVH) Price Target Cut to $28.00 by Analysts at Wells Fargo & Company

Invitation Home (NYSE:INVH) had its price target trimmed by Wells Fargo & Company from $31.00 to $28.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

A number of other research firms also recently commented on INVH. Barclays reiterated an “overweight” rating and issued a $33.00 price target on shares of Invitation Home in a research note on Tuesday, January 13th. Mizuho reiterated a “neutral” rating and issued a $27.00 price target (down from $30.00) on shares of Invitation Home in a report on Thursday, January 8th. JPMorgan Chase & Co. dropped their price target on Invitation Home from $38.00 to $37.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 18th. Citizens Jmp reduced their price objective on Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Friday, February 20th. Finally, Wall Street Zen lowered shares of Invitation Home from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $33.12.

Invitation Home Stock Down 1.5%

INVH stock opened at $26.43 on Thursday. 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 firm has a 50 day simple moving average of $26.78 and a 200-day simple moving average of $28.02. The company has a market capitalization of $16.11 billion, a P/E ratio of 27.53, a PEG ratio of 2.90 and a beta of 0.83. Invitation Home has a twelve month low of $25.21 and a twelve month high of $35.80.

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

Invitation Home Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Tuesday, December 23rd were given a $0.30 dividend. This is a boost from Invitation Home’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, December 23rd. Invitation Home’s dividend payout ratio is 125.00%.

Hedge Funds Weigh In On Invitation Home

Institutional investors have recently modified their holdings of the company. Hantz Financial Services Inc. lifted its position 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 purchasing an additional 1,068 shares during the last quarter. Smartleaf Asset Management LLC increased its stake 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 period. Cromwell Holdings LLC raised its holdings in shares of Invitation Home by 2,463.5% during the fourth quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after buying an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings 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 valued at $40,000 after buying an additional 1,360 shares during the last quarter. Finally, Mather Group LLC. acquired a new position in shares of Invitation Home during the third 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.