Invitation Home (NYSE:INVH) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Analysts have a neutral view: Invitation Home has an average “Hold” rating from 21 analysts, split between 10 buys, 10 holds, and one sell. The average 12-month price target is approximately $32.53, above the reported $28.38 share price.
• Institutional ownership is substantial: Hedge funds and other institutional investors own 96.79% of Invitation Home, with major positions held by BlackRock, Norges Bank, State Street, and California State Teachers Retirement System.
• Recent operating results exceeded expectations: Quarterly EPS came in at $0.51 versus the $0.17 consensus estimate, while revenue rose 9.7% year over year to $747.55 million. The company also pays a $1.20 annualized dividend, yielding about 4.2%.

Shares of Invitation Home (NYSE:INVH - Get Free Report) have been assigned an average rating of "Hold" from the twenty-one research firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and ten have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $32.5263.

Several equities analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Invitation Home from $33.00 to $34.00 and gave the company an "overweight" rating in a report on Tuesday, August 25th. Oppenheimer raised their price target on shares of Invitation Home from $31.00 to $33.00 and gave the stock an "outperform" rating in a report on Monday, August 3rd. Raymond James Financial raised shares of Invitation Home from a "market perform" rating to an "outperform" rating and set a $32.00 price target on the stock in a research report on Monday, May 18th. UBS Group upped their price objective on Invitation Home from $32.00 to $35.00 and gave the company a "buy" rating in a report on Wednesday, July 8th. Finally, Compass Point upgraded Invitation Home to a "hold" rating in a research report on Thursday, July 9th.

Hedge Funds Weigh In On Invitation Home

A number of hedge funds have recently modified their holdings of INVH. BlackRock Inc. acquired a new position in shares of Invitation Home in the 2nd quarter worth approximately $1,866,973,000. Norges Bank acquired a new stake in Invitation Home in the 4th quarter valued at approximately $1,438,952,000. State Street Corp raised its position in Invitation Home by 1.3% in the third quarter. State Street Corp now owns 36,621,403 shares of the company's stock valued at $1,084,514,000 after purchasing an additional 462,379 shares during the period. California State Teachers Retirement System raised its position in Invitation Home by 2,442.8% in the second quarter. California State Teachers Retirement System now owns 28,526,729 shares of the company's stock valued at $944,281,000 after purchasing an additional 27,404,868 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Invitation Home by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company's stock worth $468,997,000 after purchasing an additional 203,474 shares in the last quarter. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Invitation Home Stock Performance

NYSE INVH opened at $28.38 on Tuesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.02 and a current ratio of 0.02. The stock's fifty day moving average is $29.85 and its two-hundred day moving average is $28.22. The firm has a market capitalization of $16.76 billion, a P/E ratio of 26.04, a price-to-earnings-growth ratio of 4.05 and a beta of 0.83. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $30.89.

Invitation Home (NYSE:INVH - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.34. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The business had revenue of $747.55 million during the quarter, compared to the consensus estimate of $731.13 million. During the same period last year, the company earned $0.48 EPS. The company'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. On average, research analysts anticipate that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were given a $0.30 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 4.2%. Invitation Home's payout ratio is currently 110.09%.

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.

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