Invitation Home (NYSE:INVH) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Invitation Home has a consensus “Hold” rating from 21 brokerages: 10 recommend buying, 10 rate it a hold, and one rates it a sell. The average 1-year price target is approximately $32.68.
• Shares opened at $30.29, near their 52-week high of $31.38, while recent analysts—including UBS and Oppenheimer—raised their price targets and maintained positive ratings.
• The company pays a quarterly dividend of $0.30 per share, equivalent to a 4.0% annual yield, and institutional investors own approximately 96.79% of its stock.

Invitation Home (NYSE:INVH - Get Free Report) has earned a consensus rating of "Hold" from the twenty-one brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $32.6842.

INVH has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of Invitation Home from a "sell" rating to a "hold" rating in a research note on Saturday, April 25th. UBS Group raised their price target on shares of Invitation Home from $32.00 to $35.00 and gave the stock a "buy" rating in a report on Wednesday, July 8th. Evercore reiterated an "outperform" rating and set a $32.00 price objective on shares of Invitation Home in a research note on Friday, May 1st. Weiss Ratings raised shares of Invitation Home from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, June 1st. Finally, Oppenheimer upped their target price on Invitation Home from $31.00 to $33.00 and gave the company an "outperform" rating in a research report on Monday, August 3rd.

Invitation Home Price Performance

Shares of NYSE INVH opened at $30.29 on Friday. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $31.38. The company has a market cap of $17.89 billion, a PE ratio of 27.79, a P/E/G ratio of 3.49 and a beta of 0.83. 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 business has a 50-day simple moving average of $29.80 and a two-hundred day simple moving average of $27.88.

Invitation Home Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.0%. The ex-dividend date was Thursday, June 25th. Invitation Home's payout ratio is presently 110.09%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of INVH. Clearstead Trust LLC purchased a new stake in Invitation Home in the second quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd raised its position in Invitation Home by 136,000.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company's stock worth $40,000 after buying an additional 1,360 shares during the last quarter. Prosperity Bancshares Inc acquired a new stake in Invitation Home during the 4th quarter valued at approximately $42,000. AdvisorNet Financial Inc boosted its holdings in shares of Invitation Home by 7,687.5% in the 1st quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company's stock valued at $46,000 after acquiring an additional 1,845 shares during the last quarter. Finally, Essential Partners LLC boosted its holdings in shares of Invitation Home by 353.7% in the 1st quarter. Essential Partners LLC now owns 1,883 shares of the company's stock valued at $47,000 after acquiring an additional 1,468 shares during the last quarter. 96.79% of the stock is currently owned by hedge funds and other 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.

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