Invitation Home (NYSE:INVH) Receives $32.11 Average PT from Brokerages

Invitation Home (NYSE:INVH) has been assigned an average recommendation of “Hold” from the twenty-one research firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $32.1053.

A number of analysts recently weighed in on INVH shares. Jefferies Financial Group raised shares of Invitation Home to a “hold” rating in a research report on Friday, June 26th. Wall Street Zen raised Invitation Home from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Compass Point assumed coverage on Invitation Home in a report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 price target on the stock. UBS Group decreased their price target on Invitation Home from $35.00 to $32.00 and set a “buy” rating for the company in a research note on Tuesday, May 19th. Finally, Scotiabank boosted their price objective on Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Thursday, June 18th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Essential Partners LLC raised its position in Invitation Home by 353.7% during the 1st quarter. Essential Partners LLC now owns 1,883 shares of the company’s stock valued at $47,000 after purchasing an additional 1,468 shares in the last quarter. Bank of America Corp DE grew its position in shares of Invitation Home by 4.6% during the 1st quarter. Bank of America Corp DE now owns 2,956,870 shares of the company’s stock worth $73,478,000 after buying an additional 129,202 shares in the last quarter. Bull Harbor Capital LLC purchased a new position in shares of Invitation Home during the first quarter valued at $290,000. Rush Island Management LP bought a new stake in shares of Invitation Home in the first quarter valued at about $105,292,000. Finally, Empowered Funds LLC raised its holdings in shares of 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 acquiring an additional 5,949 shares in the last quarter. Institutional investors own 96.79% of the company’s stock.

Invitation Home Trading Up 0.5%

INVH stock opened at $30.35 on Thursday. 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 twelve month low of $24.25 and a twelve month high of $32.86. The stock has a market capitalization of $18.03 billion, a price-to-earnings ratio of 31.95, a price-to-earnings-growth ratio of 3.54 and a beta of 0.84. The firm’s fifty day simple moving average is $28.92 and its two-hundred day simple moving average is $27.26.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $689.91 million. During the same quarter last year, the business earned $0.48 EPS. The business’s 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, analysts anticipate that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, June 25th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 25th. Invitation Home’s payout ratio is currently 126.32%.

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.