Invitation Home (NYSE:INVH) Receives $32.47 Consensus Price Target from Analysts

Shares of Invitation Home (NYSE:INVH) have earned an average rating of “Hold” from the twenty-one brokerages that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $32.4737.

A number of research firms have recently weighed in on INVH. Scotiabank boosted their target price on Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 18th. BMO Capital Markets raised their price target on Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a report on Monday, June 15th. UBS Group lifted their price objective on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Raymond James Financial raised Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a report on Monday, May 18th. Finally, Compass Point upgraded shares of Invitation Home to a “hold” rating in a research report on Thursday, July 9th.

Institutional Trading of Invitation Home

Institutional investors have recently bought and sold shares of the business. Norges Bank bought a new stake in shares of Invitation Home during the 4th quarter valued at $1,438,952,000. State Street Corp increased its holdings in Invitation Home by 1.3% in the third quarter. State Street Corp now owns 36,621,403 shares of the company’s stock valued at $1,084,514,000 after purchasing an additional 462,379 shares during the last quarter. Geode Capital Management LLC increased its holdings in Invitation Home by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock valued at $468,997,000 after purchasing an additional 203,474 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in Invitation Home by 8.8% in the third quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock valued at $424,922,000 after buying an additional 1,168,113 shares during the period. Finally, Invesco Ltd. lifted its stake in Invitation Home by 7.5% in the third quarter. Invesco Ltd. now owns 12,622,824 shares of the company’s stock valued at $370,227,000 after buying an additional 877,491 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Stock Performance

Shares of Invitation Home stock opened at $29.77 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. The firm has a market cap of $17.68 billion, a P/E ratio of 31.33, a P/E/G ratio of 3.45 and a beta of 0.84. The firm has a 50 day simple moving average of $29.55 and a 200 day simple moving average of $27.58. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $32.27.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.08. The firm had revenue of $579.00 million for the quarter, compared to the consensus estimate of $689.91 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Sell-side analysts predict that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.0%. The ex-dividend date was Thursday, June 25th. Invitation Home’s dividend payout ratio is currently 126.32%.

Invitation Home Company Profile

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.