Invitation Home (NYSE:INVH – Get Free Report) had its price objective upped by analysts at Keefe, Bruyette & Woods from $28.00 to $29.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 1.54% from the company’s previous close.
Several other analysts also recently commented on the stock. Morgan Stanley lowered their target price on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Monday, March 9th. Raymond James Financial reiterated a “market perform” rating on shares of Invitation Home in a report on Friday, February 27th. Wall Street Zen upgraded shares of Invitation Home from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Mizuho lowered their target price on shares of Invitation Home from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Finally, Royal Bank Of Canada increased their target price on shares of Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a report on Friday. Nine equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, Invitation Home currently has a consensus rating of “Hold” and an average price target of $32.94.
Read Our Latest Analysis on Invitation Home
Invitation Home Stock Up 0.1%
Invitation Home (NYSE:INVH – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The firm had revenue of $579.00 million for the quarter, compared to analyst estimates of $689.92 million. During the same period last year, the firm earned $0.48 earnings per share. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities research analysts predict that Invitation Home will post 1.89 earnings per share for the current fiscal year.
Institutional Trading of Invitation Home
A number of large investors have recently added to or reduced their stakes in INVH. Norges Bank purchased a new stake in Invitation Home during the fourth quarter worth about $1,438,952,000. UBS Group AG increased its stake in shares of Invitation Home by 101.4% in the third quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock worth $145,966,000 after purchasing an additional 2,505,909 shares in the last quarter. Amundi increased its stake in shares of Invitation Home by 169.0% in the third quarter. Amundi now owns 3,296,876 shares of the company’s stock worth $93,038,000 after purchasing an additional 2,071,407 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Invitation Home by 79.6% in the fourth quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock worth $125,737,000 after purchasing an additional 2,004,728 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Invitation Home by 53.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock worth $149,441,000 after purchasing an additional 1,884,188 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.
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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