Invitation Home (NYSE:INVH) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Invitation Home (NYSE:INVH) have been assigned a consensus rating of “Moderate Buy” from the eighteen brokerages that are currently covering the firm, MarketBeat.com reports. Nine investment analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $35.0882.

A number of research analysts recently issued reports on the company. Oppenheimer set a $38.00 price objective on Invitation Home and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Evercore ISI cut their target price on Invitation Home from $34.00 to $33.00 and set an “outperform” rating on the stock in a research note on Friday, October 31st. Royal Bank Of Canada reduced their price target on shares of Invitation Home from $33.00 to $32.00 and set a “sector perform” rating for the company in a report on Friday, October 31st. Keefe, Bruyette & Woods dropped their price objective on shares of Invitation Home from $33.00 to $31.00 and set a “market perform” rating on the stock in a report on Wednesday, November 5th. Finally, Wells Fargo & Company cut their price objective on shares of Invitation Home from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Monday, October 13th.

Invitation Home Price Performance

INVH opened at $27.53 on Wednesday. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.42. The company’s 50-day moving average price is $28.74 and its 200 day moving average price is $31.06. Invitation Home has a fifty-two week low of $27.38 and a fifty-two week high of $35.80. The firm has a market cap of $16.87 billion, a price-to-earnings ratio of 28.97, a price-to-earnings-growth ratio of 2.89 and a beta of 0.81.

Invitation Home (NYSE:INVH) last posted its earnings results on Wednesday, October 29th. The company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. The company had revenue of $688.17 million during the quarter, compared to analyst estimates of $679.41 million. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.The business’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.47 earnings per share. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. As a group, sell-side analysts expect that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Thursday, September 25th. Invitation Home’s payout ratio is 122.11%.

Hedge Funds Weigh In On Invitation Home

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. bought a new stake in Invitation Home during the 2nd quarter valued at $30,000. Larson Financial Group LLC grew its stake in shares of Invitation Home by 1,313.8% in the first quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock worth $32,000 after purchasing an additional 854 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Invitation Home by 1,695.2% during the third 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 period. Smartleaf Asset Management LLC raised its stake in shares of Invitation Home by 59.1% during 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 in the last quarter. Finally, GKV Capital Management Co. Inc. acquired a new stake in Invitation Home in the first quarter worth about $37,000. 96.79% of the stock is owned by institutional investors.

Invitation Home Company Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.