Invitation Home (NYSE:INVH) Given Average Recommendation of “Moderate Buy” by Brokerages

Invitation Home (NYSE:INVH) has been assigned a consensus rating of “Moderate Buy” from the sixteen brokerages that are currently covering the company, MarketBeat reports. Eight equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $36.4688.

Several analysts recently weighed in on the company. Royal Bank Of Canada decreased their price objective on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating for the company in a report on Friday, August 1st. Wells Fargo & Company decreased their price objective on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Wednesday, August 27th. Keefe, Bruyette & Woods decreased 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. Barclays decreased their price objective on Invitation Home from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Tuesday, August 12th. Finally, Evercore ISI decreased their price objective on Invitation Home from $36.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, September 15th.

Hedge Funds Weigh In On Invitation Home

A number of large investors have recently added to or reduced their stakes in the company. Horizon Investments LLC lifted its stake in Invitation Home by 5.0% in the first quarter. Horizon Investments LLC now owns 8,182 shares of the company’s stock valued at $285,000 after buying an additional 386 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in Invitation Home by 2.5% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 16,099 shares of the company’s stock valued at $561,000 after buying an additional 399 shares during the last quarter. New England Research & Management Inc. lifted its stake in Invitation Home by 0.9% in the second quarter. New England Research & Management Inc. now owns 46,214 shares of the company’s stock valued at $1,516,000 after buying an additional 400 shares during the last quarter. State of Michigan Retirement System lifted its stake in Invitation Home by 0.3% in the second quarter. State of Michigan Retirement System now owns 155,000 shares of the company’s stock valued at $5,084,000 after buying an additional 400 shares during the last quarter. Finally, Commerce Bank lifted its stake in Invitation Home by 4.2% in the first quarter. Commerce Bank now owns 10,197 shares of the company’s stock valued at $355,000 after buying an additional 414 shares during the last quarter. 96.79% of the stock is currently owned by institutional investors.

Invitation Home Trading Up 0.2%

Invitation Home stock opened at $29.69 on Tuesday. The firm’s 50 day moving average price is $30.73 and its 200-day moving average price is $32.51. Invitation Home has a 1 year low of $29.28 and a 1 year high of $36.75. The stock has a market cap of $18.20 billion, a P/E ratio of 33.74, 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.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. The company had revenue of $681.40 million during the quarter, compared to analyst estimates of $675.01 million. Invitation Home had a net margin of 20.36% and a return on equity of 5.56%. Invitation Home’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 earnings per share. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. On average, equities analysts predict that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, September 25th will be issued a $0.29 dividend. The ex-dividend date is Thursday, September 25th. This represents a $1.16 dividend on an annualized basis and a yield of 3.9%. Invitation Home’s payout ratio is currently 131.82%.

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.