Invitation Home (NYSE:INVH) Price Target Lowered to $28.00 at Keefe, Bruyette & Woods

Invitation Home (NYSE:INVH) had its price objective decreased by Keefe, Bruyette & Woods from $31.00 to $28.00 in a report published on Wednesday,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.

Other equities analysts also recently issued reports about the stock. UBS Group set a $40.00 price objective on shares of Invitation Home in a report on Wednesday, January 21st. Royal Bank Of Canada cut their price target on shares of Invitation Home from $30.00 to $29.00 and set a “sector perform” rating on the stock in a report on Friday, February 20th. Bank of America decreased their price objective on shares of Invitation Home from $37.00 to $36.00 and set a “neutral” rating for the company in a research note on Wednesday, November 12th. Evercore set a $31.00 target price on shares of Invitation Home in a research report on Friday, February 20th. Finally, Citizens Jmp reduced their target price on Invitation Home from $40.00 to $35.00 and set a “market outperform” rating for the company in a report on Friday, February 20th. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Invitation Home has an average rating of “Moderate Buy” and an average price target of $33.35.

Invitation Home Stock Performance

Shares of INVH opened at $25.59 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.03 and a current ratio of 0.03. The stock has a 50 day moving average price of $26.88 and a two-hundred day moving average price of $28.16. The firm has a market capitalization of $15.60 billion, a P/E ratio of 26.66, a P/E/G ratio of 2.78 and a beta of 0.83. Invitation Home has a 52 week low of $25.21 and a 52 week high of $35.80.

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

Invitation Home Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, December 23rd were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Tuesday, December 23rd. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s dividend payout ratio (DPR) is 125.00%.

Hedge Funds Weigh In On Invitation Home

Several institutional investors and hedge funds have recently bought and sold shares of INVH. AQR Capital Management LLC lifted its position in shares of Invitation Home by 67.4% during the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock valued at $2,589,000 after buying an additional 29,962 shares during the last quarter. Empowered Funds LLC raised its stake in Invitation Home by 10.7% in the 1st quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock valued at $464,000 after acquiring an additional 1,290 shares during the period. Sivia Capital Partners LLC purchased a new stake in Invitation Home during the second quarter valued at about $287,000. Focus Partners Advisor Solutions LLC bought a new position in Invitation Home during the second quarter worth about $377,000. Finally, Brighton Jones LLC purchased a new position in shares of Invitation Home in the second quarter worth about $348,000. 96.79% of the stock is owned by institutional investors.

About Invitation Home

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.