Brokerages Set Invitation Home (NYSE:INVH) PT at $32.53

Invitation Home (NYSE:INVH) has been assigned a consensus recommendation of “Hold” from the twenty-one research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and ten have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $32.5263.

INVH has been the subject of several recent analyst reports. Mizuho lifted their target price on shares of Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 17th. Oppenheimer raised their price objective on Invitation Home from $31.00 to $33.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Compass Point raised Invitation Home to a “hold” rating in a research report on Thursday, July 9th. Scotiabank upped their target price on Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Finally, Barclays raised their price target on Invitation Home from $32.00 to $36.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th.

Institutional Investors Weigh In On Invitation Home

Several hedge funds have recently modified their holdings of the stock. Junto Capital Management LP purchased a new position in Invitation Home during the second quarter worth approximately $59,101,000. Sequoia Financial Advisors LLC increased its holdings in shares of Invitation Home by 76.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 32,029 shares of the company’s stock worth $968,000 after buying an additional 13,840 shares during the last quarter. WINTON GROUP Ltd increased its holdings in shares of Invitation Home by 19.1% during the 2nd quarter. WINTON GROUP Ltd now owns 84,300 shares of the company’s stock worth $2,547,000 after buying an additional 13,546 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Invitation Home by 54.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 22,104 shares of the company’s stock worth $668,000 after buying an additional 7,786 shares during the period. Finally, NewEdge Advisors LLC raised its position in shares of Invitation Home by 219,850.0% in the 2nd quarter. NewEdge Advisors LLC now owns 8,798 shares of the company’s stock worth $266,000 after buying an additional 8,794 shares during the period. 96.79% of the stock is owned by institutional investors and hedge funds.

Invitation Home Stock Down 2.2%

Shares of NYSE:INVH opened at $27.56 on Tuesday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $16.28 billion, a P/E ratio of 25.29, a P/E/G ratio of 4.01 and a beta of 0.83. Invitation Home has a 52-week low of $24.25 and a 52-week high of $30.89. The stock’s fifty day simple moving average is $29.71 and its 200-day simple moving average is $28.26.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.34. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The firm had revenue of $747.55 million during the quarter, compared to analysts’ expectations of $731.13 million. During the same quarter last year, the business posted $0.48 EPS. The firm’s quarterly revenue 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, equities research analysts forecast that Invitation Home will post 1.9 earnings per share for the current fiscal year.

About Invitation Home

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.