Shares of Invitation Home (NYSE:INVH – Get Free Report) have been assigned a consensus recommendation of “Hold” from the twenty-one research firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $32.6842.
INVH has been the subject of a number of research analyst reports. Wall Street Zen upgraded Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Keefe, Bruyette & Woods raised their price objective on Invitation Home from $29.00 to $31.00 and gave the company a “market perform” rating in a research note on Wednesday, August 5th. Wells Fargo & Company raised shares of Invitation Home from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $31.00 to $33.00 in a research report on Wednesday, June 24th. BMO Capital Markets lifted their price objective on Invitation Home from $32.00 to $35.00 and gave the stock a “market perform” rating in a research report on Monday, June 15th. Finally, Raymond James Financial raised Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a research report on Monday, May 18th.
Get Our Latest Stock Analysis on INVH
Invitation Home Trading Up 0.4%
Invitation Home (NYSE:INVH – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The company had revenue of $747.55 million during the quarter, compared to analyst estimates of $731.13 million. During the same period last year, the business earned $0.48 earnings per share. Invitation Home’s revenue was up 9.7% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, equities analysts forecast that Invitation Home will post 1.89 EPS for the current fiscal year.
Invitation Home Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Thursday, June 25th. Invitation Home’s dividend payout ratio is 110.09%.
Hedge Funds Weigh In On Invitation Home
Hedge funds have recently modified their holdings of the company. BlackRock Inc. purchased a new stake in Invitation Home during the 2nd quarter valued at approximately $1,866,973,000. Norges Bank bought a new stake in Invitation Home during the 4th quarter valued at $1,438,952,000. Deutsche Bank AG purchased a new position in Invitation Home during the second quarter valued at approximately $193,539,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Invitation Home by 74,699.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,971,242 shares of the company’s stock worth $180,391,000 after purchasing an additional 5,963,259 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Invitation Home during the second quarter valued at $140,427,000. 96.79% of the stock is currently owned by institutional investors.
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.
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