Invitation Home (NYSE:INVH) Stock Rating Upgraded by JPMorgan Chase & Co.

Invitation Home (NYSE:INVH) was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report issued on Friday, MarketBeat Ratings reports. The brokerage presently has a $38.00 target price on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 33.29% from the stock’s current price.

A number of other analysts also recently weighed in on INVH. Evercore ISI decreased their price target on shares of Invitation Home from $35.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, October 13th. Keefe, Bruyette & Woods cut their price objective on shares of Invitation Home from $37.00 to $33.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 6th. Barclays cut their price objective on shares of Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 12th. Wells Fargo & Company dropped their price target on shares of Invitation Home from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Monday, October 13th. Finally, Royal Bank Of Canada cut their price objective on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating on the stock in a report on Friday, August 1st. Nine analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $36.34.

Invitation Home Price Performance

NYSE:INVH opened at $28.51 on Friday. The firm has a market cap of $17.48 billion, a price-to-earnings ratio of 32.40, a price-to-earnings-growth ratio of 2.85 and a beta of 0.81. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.47. The company’s 50-day moving average is $29.69 and its two-hundred day moving average is $31.81. Invitation Home has a 12-month low of $27.71 and a 12-month high of $35.80.

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Harbor Capital Advisors Inc. acquired a new position in shares of Invitation Home in the second quarter valued at $30,000. Larson Financial Group LLC raised its stake in shares of Invitation Home by 1,313.8% in the first quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock valued at $32,000 after purchasing an additional 854 shares in the last quarter. GKV Capital Management Co. Inc. acquired a new position in shares of Invitation Home in the first quarter valued at $37,000. Zions Bancorporation National Association UT acquired a new position in shares of Invitation Home in the first quarter valued at $40,000. Finally, North Capital Inc. acquired a new position in shares of Invitation Home in the first quarter valued at $41,000. 96.79% of the stock is currently owned by institutional investors and hedge funds.

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.