Invitation Home (NYSE:INVH) Given New $33.00 Price Target at Morgan Stanley

Invitation Home (NYSE:INVH) had its price objective cut by Morgan Stanley from $34.00 to $33.00 in a report issued on Monday morning,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other research analysts have also weighed in on INVH. JPMorgan Chase & Co. dropped their price objective on Invitation Home from $38.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, November 18th. Wall Street Zen downgraded Invitation Home from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Mizuho restated a “neutral” rating and set a $27.00 target price (down from $30.00) on shares of Invitation Home in a research report on Thursday, January 8th. Bank of America lowered their price target on shares of Invitation Home from $37.00 to $36.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 12th. Finally, Citigroup cut their price target on shares of Invitation Home from $36.50 to $31.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $32.94.

Invitation Home Price Performance

Shares of NYSE:INVH opened at $25.97 on Monday. Invitation Home has a 52 week low of $25.21 and a 52 week high of $35.80. The company has a 50-day moving average price of $26.72 and a 200 day moving average price of $27.92. The company has a market cap of $15.83 billion, a P/E ratio of 27.06, a PEG ratio of 2.82 and a beta of 0.83. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.44.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, February 18th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.21). The business had revenue of $685.25 million for the quarter, compared to analyst estimates of $683.00 million. Invitation Home had a return on equity of 6.24% and a net margin of 21.53%.The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Research analysts predict that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.30 per share. This is a boost from Invitation Home’s previous quarterly dividend of $0.29. This represents a $1.20 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, December 23rd. Invitation Home’s payout ratio is presently 125.00%.

Institutional Trading of Invitation Home

Several large investors have recently bought and sold shares of INVH. Norges Bank purchased a new position in Invitation Home during the 4th quarter valued at about $1,438,952,000. UBS Group AG lifted its holdings in shares of Invitation Home by 101.4% in the third quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock valued at $145,966,000 after purchasing an additional 2,505,909 shares in the last quarter. Amundi grew its position in shares of Invitation Home by 169.0% in the third quarter. Amundi now owns 3,296,876 shares of the company’s stock valued at $93,038,000 after purchasing an additional 2,071,407 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of Invitation Home by 79.6% in the fourth quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock valued at $125,737,000 after purchasing an additional 2,004,728 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Invitation Home by 53.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock worth $149,441,000 after purchasing an additional 1,884,188 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

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.