Invitation Home (NYSE:INVH) Sees Significant Growth in Short Interest

Invitation Home (NYSE:INVH) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 16,563,970 shares, an increase of 20.8% from the March 15th total of 13,714,762 shares. Approximately 2.8% of the shares of the company are sold short. Based on an average daily volume of 7,567,108 shares, the days-to-cover ratio is presently 2.2 days.

Hedge Funds Weigh In On Invitation Home

Institutional investors have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. increased its position in shares of Invitation Home by 1,695.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after purchasing an additional 1,068 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Invitation Home by 59.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after buying an additional 466 shares during the last quarter. 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. bought a new stake in shares of Invitation Home during the third quarter valued at approximately $42,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Price Performance

INVH stock opened at $27.02 on Friday. The firm has a 50 day moving average of $25.81 and a 200-day moving average of $26.98. Invitation Home has a 12-month low of $24.25 and a 12-month high of $35.80. 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 company has a market cap of $16.19 billion, a price-to-earnings ratio of 28.14, a PEG ratio of 3.77 and a beta of 0.82.

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

Invitation Home Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, March 26th. This represents a $1.20 annualized dividend and a dividend yield of 4.4%. Invitation Home’s payout ratio is presently 125.00%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Royal Bank Of Canada lowered their price target on Invitation Home from $30.00 to $29.00 and set a “sector perform” rating on the stock in a research report on Friday, February 20th. Evercore set a $31.00 target price on Invitation Home in a report on Friday, February 20th. Scotiabank reduced their price objective on Invitation Home from $28.00 to $27.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 4th. Mizuho cut their target price on Invitation Home from $27.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, March 13th. Finally, Citigroup dropped their price objective on Invitation Home from $36.50 to $31.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Nine investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $32.88.

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.