Invitation Home (NYSE:INVH) Announces Quarterly Dividend of $0.30

Invitation Home (NYSE:INVH) declared a quarterly dividend on Friday, September 11th. Investors of record on Thursday, September 24th will be given a dividend of 0.30 per share on Friday, October 16th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Thursday, September 24th.

Invitation Home has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 1 years. Invitation Home has a payout ratio of 141.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Invitation Home to earn $1.98 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 60.6%.

Invitation Home Price Performance

INVH stock traded up $0.01 during midday trading on Friday, reaching $27.57. The stock had a trading volume of 6,086,113 shares, compared to its average volume of 3,653,846. The company’s fifty day simple moving average is $29.65 and its 200 day simple moving average is $28.26. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. The company has a market cap of $16.28 billion, a price-to-earnings ratio of 25.29, a price-to-earnings-growth ratio of 3.92 and a beta of 0.83. Invitation Home has a 52-week low of $24.25 and a 52-week high of $30.89.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.34. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The business had revenue of $747.55 million during the quarter, compared to analyst estimates of $731.13 million. During the same quarter in the prior year, the firm earned $0.48 earnings per share. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, sell-side analysts predict that Invitation Home will post 1.9 earnings per share for the current fiscal year.

Invitation Home Company Profile

Invitation Homes Inc (NYSE: INVH) is a real estate investment trust that owns, leases and operates single-family homes in the United States. The company provides residents with professionally managed rental homes, including leasing support, property maintenance and resident services.

Invitation Homes focuses primarily on metropolitan areas across the Sun Belt and other high-growth U.S. markets. Its portfolio includes detached homes in established neighborhoods, and the company manages the acquisition, renovation, leasing and ongoing operation of those properties.

The company was founded in 2012 and became a public company in 2017 following its merger with Starwood Waypoint Homes.