Invitation Home (NYSE:INVH) Stock Has Consensus Target Price of $32.45

Invitation Home (NYSE:INVH) has been assigned an average recommendation of “Hold” from the twenty-one analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $32.45.

Several research firms recently weighed in on INVH. Barclays upped 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. BMO Capital Markets lifted their price objective on Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Wells Fargo & Company raised Invitation Home from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $31.00 to $33.00 in a report on Wednesday, June 24th. Compass Point raised Invitation Home to a “hold” rating in a research note on Thursday, July 9th. Finally, Mizuho upgraded Invitation Home from a “neutral” rating to an “outperform” rating and raised their price target for the company from $31.00 to $32.00 in a report on Monday, September 21st.

Invitation Home Trading Up 0.1%

Shares of NYSE INVH opened at $26.08 on Friday. Invitation Home has a 1 year low of $24.25 and a 1 year high of $30.89. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02. The firm has a 50-day moving average of $28.67 and a 200 day moving average of $28.38. The stock has a market cap of $15.40 billion, a P/E ratio of 23.92, a price-to-earnings-growth ratio of 3.87 and a beta of 0.82.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share 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 for the quarter, compared to analysts’ expectations of $731.13 million. During the same quarter in the prior year, the company earned $0.48 earnings per share. The business’s 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, sell-side analysts expect that Invitation Home will post 1.9 EPS for the current fiscal year.

Invitation Home Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, September 24th will be paid a $0.30 dividend. The ex-dividend date is Thursday, September 24th. This represents a $1.20 dividend on an annualized basis and a yield of 4.6%. Invitation Home’s payout ratio is presently 110.09%.

Institutional Trading of Invitation Home

A number of institutional investors and hedge funds have recently bought and sold shares of INVH. BlackRock Inc. bought a new position in Invitation Home in the 2nd quarter valued at approximately $1,866,973,000. Deutsche Bank AG bought a new stake in shares of Invitation Home in the 2nd quarter worth $193,539,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Invitation Home by 74,699.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,971,242 shares of the company’s stock worth $180,391,000 after purchasing an additional 5,963,259 shares in the last quarter. Legal & General Group Plc purchased a new position in shares of Invitation Home in the second quarter worth $140,427,000. Finally, Rush Island Management LP purchased a new position in shares of Invitation Home in the first quarter worth $105,292,000. 96.79% of the stock is currently owned by institutional investors.

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 professionally managed rental housing, offering residents access to detached homes with services that generally include leasing, property management, maintenance and resident support.

Invitation Homes serves communities across a broad group of U.S. markets, with a significant presence in the Sun Belt and other high-growth metropolitan areas.