Invitation Home (NYSE:INVH) Given New $32.00 Price Target at UBS Group

Invitation Home (NYSE:INVH) had its target price decreased by equities researchers at UBS Group from $35.00 to $32.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price indicates a potential upside of 11.75% from the stock’s previous close.

A number of other research analysts have also issued reports on the company. KeyCorp dropped their target price on Invitation Home from $38.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Invitation Home in a report on Friday, March 27th. Barclays boosted their target price on Invitation Home from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Citizens Jmp dropped their target price on Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a report on Friday, February 20th. Finally, Wells Fargo & Company dropped their target price on Invitation Home from $31.00 to $28.00 and set an “equal weight” rating on the stock in a report on Thursday, March 5th. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $31.47.

Invitation Home Stock Performance

NYSE:INVH traded down $0.12 during mid-day trading on Tuesday, reaching $28.64. 1,191,658 shares of the stock were exchanged, compared to its average volume of 6,619,644. The company has a 50 day simple moving average of $26.45 and a 200-day simple moving average of $26.92. The stock has a market capitalization of $17.01 billion, a P/E ratio of 30.14, a P/E/G ratio of 3.28 and a beta of 0.86. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50. Invitation Home has a 1 year low of $24.25 and a 1 year high of $34.44.

Invitation Home (NYSE:INVH) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. The firm had revenue of $579.00 million for the quarter, compared to the consensus estimate of $689.92 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Analysts anticipate that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Institutional Trading of Invitation Home

A number of institutional investors have recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of Invitation Home by 4.6% in the first quarter. Bank of America Corp DE now owns 2,956,870 shares of the company’s stock worth $73,478,000 after acquiring an additional 129,202 shares during the last quarter. Bull Harbor Capital LLC acquired a new position in Invitation Home in the first quarter valued at $290,000. Rush Island Management LP acquired a new position in Invitation Home in the first quarter valued at $105,292,000. Empowered Funds LLC increased its stake in Invitation Home by 42.1% in the first quarter. Empowered Funds LLC now owns 20,090 shares of the company’s stock valued at $499,000 after purchasing an additional 5,949 shares during the last quarter. Finally, Empyrean Capital Partners LP acquired a new position in Invitation Home in the first quarter valued at $9,567,000. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

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.