Invitation Home (NYSE:INVH) Price Target Raised to $34.00 at JPMorgan Chase & Co.

Invitation Home (NYSE:INVH) had its price objective raised by analysts at JPMorgan Chase & Co. from $33.00 to $34.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 11.66% from the company’s current price.

A number of other brokerages have also recently issued reports on INVH. Mizuho raised their price objective on shares of Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, June 17th. Weiss Ratings upgraded shares of Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Royal Bank Of Canada increased their price target on Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. Citigroup restated a “buy” rating on shares of Invitation Home in a research report on Thursday, August 6th. Finally, Wells Fargo & Company raised Invitation Home from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $31.00 to $33.00 in a research note on Wednesday, June 24th. Ten analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Invitation Home has an average rating of “Hold” and an average price target of $32.53.

Invitation Home Stock Performance

Invitation Home stock opened at $30.45 on Tuesday. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. Invitation Home has a 1 year low of $24.25 and a 1 year high of $31.38. The company has a market cap of $17.98 billion, a PE ratio of 27.94, a PEG ratio of 4.30 and a beta of 0.83. The company’s 50-day moving average is $29.88 and its two-hundred day moving average is $28.06.

Invitation Home (NYSE:INVH) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.17 by $0.34. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The company had revenue of $747.55 million during the quarter, compared to analysts’ expectations of $731.13 million. During the same quarter in the previous year, the company earned $0.48 EPS. Invitation Home’s revenue was up 9.7% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Equities analysts anticipate that Invitation Home will post 1.89 earnings per share for the current year.

Institutional Investors Weigh In On Invitation Home

Several hedge funds have recently bought and sold shares of INVH. BlackRock Inc. acquired a new position in shares of Invitation Home in the 2nd quarter valued at $1,866,973,000. Norges Bank bought a new stake in shares of Invitation Home in the 4th quarter valued at $1,438,952,000. California State Teachers Retirement System raised its stake in Invitation Home by 2,442.8% during the 2nd quarter. California State Teachers Retirement System now owns 28,526,729 shares of the company’s stock worth $944,281,000 after buying an additional 27,404,868 shares during the period. Deutsche Bank AG acquired a new stake in Invitation Home during the 2nd quarter worth $193,539,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Invitation Home by 74,699.5% during 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 buying an additional 5,963,259 shares during the period. 96.79% of the stock is currently owned by institutional investors and hedge funds.

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.