Invitation Home (NYSE:INVH) Receives $34.91 Average Price Target from Analysts

Shares of Invitation Home (NYSE:INVH) have received an average rating of “Moderate Buy” from the eighteen ratings firms that are currently covering the stock, MarketBeat.com reports. Nine research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $34.9118.

Several equities analysts have commented on INVH shares. Barclays decreased their price objective on shares of Invitation Home from $37.00 to $34.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. Mizuho decreased their price target on shares of Invitation Home from $32.00 to $30.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 21st. Morgan Stanley cut their price objective on shares of Invitation Home from $35.00 to $34.00 and set an “equal weight” rating for the company in a research report on Thursday, November 13th. Keefe, Bruyette & Woods reduced their price objective on Invitation Home from $33.00 to $31.00 and set a “market perform” rating for the company in a report on Wednesday, November 5th. Finally, Scotiabank decreased their target price on Invitation Home from $36.00 to $31.00 and set a “sector perform” rating on the stock in a research report on Monday, November 10th.

Invitation Home Price Performance

Shares of NYSE INVH opened at $26.06 on Friday. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.42. The business’s 50 day moving average price is $28.15 and its two-hundred day moving average price is $30.36. The company has a market cap of $15.97 billion, a PE ratio of 27.43, a price-to-earnings-growth ratio of 2.62 and a beta of 0.83. Invitation Home has a twelve month low of $26.02 and a twelve month high of $35.80.

Invitation Home (NYSE:INVH) last released its quarterly earnings data on Wednesday, October 29th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.47. The company had revenue of $688.17 million during the quarter, compared to analysts’ expectations of $679.41 million. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.The business’s revenue was up 4.2% on a year-over-year basis. During the same period last year, the firm posted $0.47 earnings per share. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. On average, analysts predict that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, September 25th were given a dividend of $0.29 per share. The ex-dividend date was Thursday, September 25th. This represents a $1.16 annualized dividend and a yield of 4.5%. Invitation Home’s dividend payout ratio (DPR) is presently 122.11%.

Institutional Investors Weigh In On Invitation Home

A number of institutional investors have recently modified their holdings of INVH. Harbor Capital Advisors Inc. acquired a new stake in Invitation Home in the 2nd quarter worth about $30,000. Hantz Financial Services Inc. grew its position in shares of Invitation Home by 1,695.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after purchasing an additional 1,068 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Invitation Home by 59.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after purchasing an additional 466 shares during the period. GKV Capital Management Co. Inc. acquired a new stake in shares of Invitation Home in the first quarter valued at approximately $37,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Invitation Home in the first quarter valued at approximately $40,000. Institutional investors own 96.79% of the company’s stock.

Invitation Home Company Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.