Scotiabank Lowers Invitation Home (NYSE:INVH) Price Target to $27.00

Invitation Home (NYSE:INVH) had its price target lowered by equities research analysts at Scotiabank from $28.00 to $27.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price target would indicate a potential upside of 2.16% from the company’s current price.

Several other research firms also recently commented on INVH. Raymond James Financial reiterated a “market perform” rating on shares of Invitation Home in a report on Friday, February 27th. Mizuho restated a “neutral” rating and set a $27.00 price objective (down from $30.00) on shares of Invitation Home in a research note on Thursday, January 8th. Wall Street Zen downgraded shares of Invitation Home from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. Evercore set a $31.00 price target on Invitation Home in a research note on Friday, February 20th. Finally, Royal Bank Of Canada dropped their target price on Invitation Home from $30.00 to $29.00 and set a “sector perform” rating for the company in a research report on Friday, February 20th. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Invitation Home has an average rating of “Moderate Buy” and an average target price of $33.12.

Invitation Home Price Performance

NYSE:INVH opened at $26.43 on Wednesday. The stock has a market capitalization of $16.11 billion, a PE ratio of 27.53, a P/E/G ratio of 2.90 and a beta of 0.83. Invitation Home has a 1-year low of $25.21 and a 1-year high of $35.80. The firm has a fifty day simple moving average of $26.78 and a 200 day simple moving average of $28.02. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.44.

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

Institutional Trading of Invitation Home

Institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its position in shares of Invitation Home by 67.4% in the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock worth $2,589,000 after purchasing an additional 29,962 shares during the period. Empowered Funds LLC raised its stake in Invitation Home by 10.7% during the first quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock worth $464,000 after buying an additional 1,290 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Invitation Home during the second quarter worth $287,000. Assetmark Inc. lifted its holdings in Invitation Home by 43.2% in the second quarter. Assetmark Inc. now owns 3,614 shares of the company’s stock valued at $119,000 after buying an additional 1,090 shares during the period. Finally, State of Michigan Retirement System boosted its position in Invitation Home by 0.3% during the second quarter. State of Michigan Retirement System now owns 155,000 shares of the company’s stock valued at $5,084,000 after acquiring an additional 400 shares during the last quarter. 96.79% of the stock is currently owned by institutional investors.

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.