Invitation Home (NYSE:INVH) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Invitation Home (NYSE:INVH) has received an average broker rating of "Hold" from seventeen research firms, with nine hold ratings and eight buy ratings issued.
• Analysts have set an average 12-month target price for Invitation Home at $36.85, with significant adjustments made by several firms, including a decrease by Keefe, Bruyette & Woods and an increase by Goldman Sachs.
• The company recently declared a quarterly dividend of $0.29 per share, resulting in a 3.7% dividend yield, while the dividend payout ratio is currently 131.82%.

Invitation Home (NYSE:INVH - Get Free Report) has been given a consensus rating of "Hold" by the seventeen ratings firms that are covering the stock, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $36.8529.

INVH has been the subject of a number of recent analyst reports. Oppenheimer lifted their price target on Invitation Home from $39.00 to $41.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. Keefe, Bruyette & Woods dropped their target price on Invitation Home from $37.00 to $33.00 and set a "market perform" rating on the stock in a report on Wednesday, August 6th. Royal Bank Of Canada dropped their target price on shares of Invitation Home from $35.00 to $34.00 and set a "sector perform" rating on the stock in a report on Friday, August 1st. Raymond James Financial upped their target price on shares of Invitation Home from $36.00 to $39.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Finally, Wells Fargo & Company lowered their price objective on shares of Invitation Home from $34.00 to $33.00 and set an "equal weight" rating for the company in a research report on Wednesday.

Insider Buying and Selling at Invitation Home

In related news, CEO Dallas B. Tanner sold 148,749 shares of the company's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $33.41, for a total transaction of $4,969,704.09. Following the completion of the transaction, the chief executive officer owned 642,973 shares in the company, valued at $21,481,727.93. This represents a 18.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.29% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Harbor Capital Advisors Inc. acquired a new position in Invitation Home during the 2nd quarter valued at approximately $30,000. Larson Financial Group LLC increased its stake in shares of Invitation Home by 1,313.8% in the 1st quarter. Larson Financial Group LLC now owns 919 shares of the company's stock valued at $32,000 after acquiring an additional 854 shares during the last quarter. GKV Capital Management Co. Inc. bought a new position in shares of Invitation Home in the 1st quarter valued at about $37,000. Zions Bancorporation National Association UT acquired a new stake in Invitation Home during the 1st quarter valued at $40,000. Finally, North Capital Inc. bought a new position in Invitation Home in the first quarter valued at about $41,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Invitation Home Trading Up 1.2%

INVH stock traded up $0.38 during midday trading on Friday, hitting $31.32. The company had a trading volume of 3,686,683 shares, compared to its average volume of 3,660,291. The stock's 50 day moving average price is $31.58 and its 200 day moving average price is $32.81. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.47. The stock has a market cap of $19.20 billion, a price-to-earnings ratio of 35.59, a PEG ratio of 3.11 and a beta of 0.78. Invitation Home has a 52 week low of $29.37 and a 52 week high of $37.80.

Invitation Home (NYSE:INVH - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.48 earnings per share for the quarter, meeting analysts' consensus estimates of $0.48. Invitation Home had a return on equity of 5.56% and a net margin of 20.36%.The firm had revenue of $681.40 million for the quarter, compared to analysts' expectations of $675.01 million. During the same period in the previous year, the firm earned $0.47 EPS. The business's quarterly revenue was up 4.3% on a year-over-year basis. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. As a group, equities research analysts expect that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Thursday, June 26th were given a $0.29 dividend. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $1.16 annualized dividend and a yield of 3.7%. Invitation Home's payout ratio is currently 131.82%.

About Invitation Home

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.