Jefferies Financial Group upgraded shares of Invitation Home (NYSE:INVH – Free Report) to a hold rating in a report issued on Wednesday morning,Zacks.com reports.
INVH has been the topic of a number of other reports. Compass Point upgraded shares of Invitation Home to a “hold” rating in a report on Thursday, July 9th. Wall Street Zen upgraded shares of Invitation Home from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. UBS Group lifted their price objective on shares of Invitation Home from $32.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Wells Fargo & Company raised shares of Invitation Home from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $31.00 to $33.00 in a research report on Wednesday, June 24th. Finally, Evercore restated an “outperform” rating and issued a $32.00 target price on shares of Invitation Home in a research note on Friday, May 1st. Ten research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $32.47.
Invitation Home Price Performance
Invitation Home (NYSE:INVH – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.18 by $0.08. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The company had revenue of $579.00 million for the quarter, compared to the consensus estimate of $689.91 million. During the same quarter in the prior year, the company posted $0.48 EPS. Invitation Home’s quarterly revenue was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, sell-side analysts anticipate that Invitation Home will post 1.89 EPS for the current year.
Invitation Home Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, June 25th. Invitation Home’s payout ratio is presently 126.32%.
Institutional Investors Weigh In On Invitation Home
Institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC raised its stake in shares of Invitation Home by 67.4% during the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock worth $2,589,000 after acquiring an additional 29,962 shares in the last quarter. Empowered Funds LLC boosted its stake in Invitation Home by 10.7% in the first quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock valued at $464,000 after acquiring an additional 1,290 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Invitation Home in the second quarter worth $287,000. Cetera Investment Advisers grew its holdings in Invitation Home by 8.5% in the second quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock worth $637,000 after purchasing an additional 1,528 shares during the last quarter. Finally, Cresset Asset Management LLC increased its position in shares of Invitation Home by 5.5% during the second quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock worth $515,000 after purchasing an additional 809 shares in the last quarter. Institutional investors own 96.79% of the company’s stock.
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.
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