Invitation Homes Inc. (NYSE:INVH) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Invitation Homes Inc. (NYSE:INVH) have been assigned an average rating of “Hold” from the sixteen research firms that are covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $35.47.

A number of equities analysts have weighed in on INVH shares. Morgan Stanley upped their price objective on shares of Invitation Homes from $36.50 to $38.00 and gave the company an “overweight” rating in a research report on Friday. Raymond James lifted their price objective on Invitation Homes from $35.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, August 28th. Mizuho increased their target price on Invitation Homes from $32.00 to $35.00 in a research note on Friday, May 19th. Barclays upped their price target on shares of Invitation Homes from $38.00 to $41.00 in a report on Wednesday, May 31st. Finally, 51job reiterated a “maintains” rating on shares of Invitation Homes in a research note on Monday, June 26th.

Invitation Homes Trading Up 0.3 %

Shares of INVH stock opened at $34.18 on Monday. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $34.65 and its two-hundred day moving average is $33.27. Invitation Homes has a twelve month low of $28.52 and a twelve month high of $40.20. The company has a market capitalization of $20.92 billion, a P/E ratio of 48.14, a price-to-earnings-growth ratio of 2.45 and a beta of 0.91.

Invitation Homes (NYSE:INVH) last released its quarterly earnings results on Wednesday, July 26th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.22). The business had revenue of $600.37 million during the quarter, compared to analyst estimates of $599.45 million. Invitation Homes had a net margin of 18.70% and a return on equity of 4.25%. Equities analysts forecast that Invitation Homes will post 1.73 EPS for the current year.

Invitation Homes Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 25th. Shareholders of record on Tuesday, August 8th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend was Monday, August 7th. Invitation Homes’s payout ratio is 146.48%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Twin Tree Management LP bought a new position in Invitation Homes in the 1st quarter valued at about $27,000. Coppell Advisory Solutions Corp. acquired a new stake in shares of Invitation Homes in the 4th quarter worth approximately $27,000. OLD Mission Capital LLC bought a new position in shares of Invitation Homes in the fourth quarter valued at approximately $30,000. Ameritas Advisory Services LLC acquired a new position in shares of Invitation Homes during the first quarter valued at approximately $31,000. Finally, Coppell Advisory Solutions LLC bought a new stake in Invitation Homes during the second quarter worth approximately $31,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

About Invitation Homes

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing 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.