Invitation Home (NYSE:INVH) Given New $34.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan raised Invitation Home’s price target to $34 from $33 and maintained an “overweight” rating, implying approximately 11.66% upside from the current price.
• Analyst sentiment is mixed but leans positive: 10 analysts rate the stock a Buy, 10 a Hold, and one a Sell, producing a consensus “Hold” rating and a $32.53 target price.
• Invitation Home’s shares rose 1.1% to open at $30.45, while its latest quarterly results exceeded expectations with $0.51 EPS and $747.55 million in revenue, up 9.7% year over year.

Invitation Home (NYSE:INVH - Get Free Report) had its target price raised by investment analysts at JPMorgan Chase & Co. from $33.00 to $34.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 11.66% from the stock's current price.

A number of other analysts have also recently weighed in on the stock. Oppenheimer upped their target price on shares of Invitation Home from $31.00 to $33.00 and gave the company an "outperform" rating in a research note on Monday, August 3rd. Wells Fargo & Company raised Invitation Home from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $31.00 to $33.00 in a report on Wednesday, June 24th. Cfra downgraded Invitation Home from a "hold" rating to a "sell" rating and decreased their price objective for the company from $29.00 to $27.00 in a report on Wednesday, May 27th. Raymond James Financial raised Invitation Home from a "market perform" rating to an "outperform" rating and set a $32.00 target price for the company in a report on Monday, May 18th. Finally, Weiss Ratings upgraded Invitation Home from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, June 1st. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $32.53.

Invitation Home Stock Up 1.1%

Shares of INVH stock opened at $30.45 on Tuesday. Invitation Home has a one year low of $24.25 and a one year high of $31.38. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02. The stock has a fifty day moving average price of $29.88 and a 200 day moving average price of $28.06. The stock has a market cap of $17.98 billion, a P/E ratio of 27.94, a price-to-earnings-growth ratio of 4.30 and a beta of 0.83.

Invitation Home (NYSE:INVH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.34. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The firm had revenue of $747.55 million for the quarter, compared to analyst estimates of $731.13 million. During the same quarter in the previous year, the firm posted $0.48 EPS. The business's revenue for the quarter was up 9.7% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Analysts predict that Invitation Home will post 1.89 earnings per share for the current year.

Institutional Investors Weigh In On Invitation Home

A number of large investors have recently bought and sold shares of the business. Clearstead Trust LLC bought a new stake in Invitation Home during the 2nd quarter worth about $28,000. Raiffeisen Bank International AG raised its position in Invitation Home by 174.5% in the 2nd quarter. Raiffeisen Bank International AG now owns 1,301 shares of the company's stock worth $40,000 after purchasing an additional 827 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in Invitation Home by 136,000.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company's stock worth $40,000 after purchasing an additional 1,360 shares during the last quarter. Prosperity Bancshares Inc acquired a new position in Invitation Home during the 4th quarter worth $42,000. Finally, MUFG Securities EMEA plc acquired a new position in Invitation Home during the 2nd quarter worth $55,000. 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.

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