Invitation Home (NYSE:INVH) Given Average Recommendation of “Moderate Buy” by Analysts

Invitation Home (NYSE:INVH) has earned an average rating of “Moderate Buy” from the seventeen brokerages that are currently covering the company, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $35.9688.

A number of equities research analysts have commented on INVH shares. Barclays decreased their price objective on Invitation Home from $40.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday, August 12th. JPMorgan Chase & Co. upgraded Invitation Home from a “neutral” rating to an “overweight” rating and set a $38.00 price target for the company in a report on Friday, October 17th. Scotiabank reduced their price target on Invitation Home from $38.00 to $36.00 and set a “sector performer” rating for the company in a report on Thursday, August 28th. Keefe, Bruyette & Woods reduced their price target on Invitation Home from $37.00 to $33.00 and set a “market perform” rating for the company in a report on Wednesday, August 6th. Finally, Mizuho reduced their price target on Invitation Home from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Tuesday.

Invitation Home Price Performance

NYSE:INVH opened at $28.87 on Friday. The business’s 50-day moving average price is $29.54 and its 200 day moving average price is $31.70. The firm has a market cap of $17.70 billion, a P/E ratio of 32.81, a PEG ratio of 2.89 and a beta of 0.81. Invitation Home has a 52-week low of $27.71 and a 52-week high of $35.80. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.47.

Invitation Home (NYSE:INVH) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.48 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.48. Invitation Home had a return on equity of 5.56% and a net margin of 20.36%.The business had revenue of $681.40 million during the quarter, compared to analyst estimates of $675.01 million. During the same quarter last year, the company posted $0.47 EPS. Invitation Home’s revenue for the quarter was up 4.3% on a year-over-year basis. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. As a group, sell-side analysts predict that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The company 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 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Thursday, September 25th. Invitation Home’s payout ratio is currently 131.82%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in INVH. GAMMA Investing LLC raised its stake in shares of Invitation Home by 23.0% in the 1st quarter. GAMMA Investing LLC now owns 4,996 shares of the company’s stock valued at $174,000 after acquiring an additional 934 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Invitation Home by 68.9% in the 1st quarter. SG Americas Securities LLC now owns 22,369 shares of the company’s stock valued at $780,000 after acquiring an additional 9,125 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Invitation Home by 9.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 14,913 shares of the company’s stock valued at $520,000 after acquiring an additional 1,268 shares in the last quarter. Blue Trust Inc. increased its position in Invitation Home by 104.3% in the 1st quarter. Blue Trust Inc. now owns 4,130 shares of the company’s stock worth $144,000 after buying an additional 2,108 shares during the period. Finally, Kentucky Retirement Systems increased its position in Invitation Home by 6.7% in the 1st quarter. Kentucky Retirement Systems now owns 41,776 shares of the company’s stock worth $1,456,000 after buying an additional 2,626 shares during the period. 96.79% of the stock is owned by institutional investors.

About Invitation Home

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.