Invitation Home (NYSE:INVH) Reaches New 12-Month Low – Time to Sell?

Invitation Home (NYSE:INVH) shares hit a new 52-week low on Friday . The stock traded as low as $29.28 and last traded at $29.47, with a volume of 1346933 shares changing hands. The stock had previously closed at $29.52.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on INVH shares. Keefe, Bruyette & Woods cut their price objective on Invitation Home from $37.00 to $33.00 and set a “market perform” rating for the company in a report on Wednesday, August 6th. Citigroup raised Invitation Home from a “neutral” rating to a “buy” rating and upped their target price for the stock from $35.00 to $38.50 in a research note on Friday, June 6th. Wells Fargo & Company cut their target price on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 27th. Barclays cut their target price on Invitation Home from $40.00 to $37.00 and set an “overweight” rating for the company in a research note on Tuesday, August 12th. Finally, Royal Bank Of Canada cut their target price on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating for the company in a research note on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Invitation Home has an average rating of “Moderate Buy” and a consensus price target of $36.47.

Invitation Home Price Performance

The company has a market capitalization of $18.15 billion, a PE ratio of 33.64, a PEG ratio of 2.96 and a beta of 0.82. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.02 and a quick ratio of 0.02. The firm has a 50-day moving average of $30.79 and a 200 day moving average of $32.55.

Invitation Home (NYSE:INVH) last announced its earnings results on Wednesday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.48. Invitation Home had a return on equity of 5.56% and a net margin of 20.36%.The business had revenue of $681.40 million for the quarter, compared to analysts’ expectations of $675.01 million. During the same period last year, the firm posted $0.47 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. As a group, research analysts anticipate that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, September 25th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Thursday, September 25th. Invitation Home’s dividend payout ratio (DPR) is 131.82%.

Institutional Trading of Invitation Home

A number of large investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its stake in Invitation Home by 47.9% in the 2nd quarter. Osaic Holdings Inc. now owns 11,098 shares of the company’s stock worth $365,000 after acquiring an additional 3,596 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in shares of Invitation Home by 14.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 18,884 shares of the company’s stock worth $619,000 after purchasing an additional 2,354 shares during the period. Squarepoint Ops LLC boosted its holdings in shares of Invitation Home by 130.7% in the 2nd quarter. Squarepoint Ops LLC now owns 35,288 shares of the company’s stock worth $1,157,000 after purchasing an additional 19,990 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Invitation Home by 53.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 82,959 shares of the company’s stock worth $2,721,000 after purchasing an additional 28,885 shares during the period. Finally, State of Wyoming purchased a new position in shares of Invitation Home in the 2nd quarter worth approximately $183,000. Institutional investors own 96.79% of the company’s stock.

About Invitation Home

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.