Invitation Home (NYSE:INVH) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Invitation Home (NYSE:INVH) has received an average consensus recommendation of "Moderate Buy" from 17 research firms, with 9 analysts rating it as a buy and 8 as hold.
• The company recently reported quarterly earnings of $0.48 EPS, matching consensus estimates with revenue of $681.40 million, reflecting a year-over-year increase of 4.3%.
• Invitation Home declared a quarterly dividend of $0.29 per share, with an annualized yield of 4.1% and a dividend payout ratio of 131.82%.

Invitation Home (NYSE:INVH - Get Free Report) has received an average recommendation of "Moderate Buy" from the seventeen research firms that are currently covering the firm, Marketbeat.com reports. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $36.3438.

INVH has been the subject of several recent analyst reports. Evercore ISI reduced their price objective on shares of Invitation Home from $35.00 to $34.00 and set an "outperform" rating for the company in a research report on Monday, October 13th. Royal Bank Of Canada reduced their price target on shares of Invitation Home from $35.00 to $34.00 and set a "sector perform" rating for the company in a research report on Friday, August 1st. Scotiabank reduced their price target on shares of Invitation Home from $38.00 to $36.00 and set a "sector performer" rating for the company in a research report on Thursday, August 28th. Wells Fargo & Company reduced their price target on shares of Invitation Home from $33.00 to $31.00 and set an "equal weight" rating for the company in a research report on Monday, October 13th. Finally, Barclays reduced their price target on shares of Invitation Home from $40.00 to $37.00 and set an "overweight" rating for the company in a research report on Tuesday, August 12th.

Invitation Home Stock Performance

Shares of INVH stock opened at $28.51 on Friday. The company has a market cap of $17.48 billion, a price-to-earnings ratio of 32.40, a price-to-earnings-growth ratio of 2.84 and a beta of 0.81. Invitation Home has a 52 week low of $27.71 and a 52 week high of $35.80. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.47. The firm has a 50 day moving average of $29.69 and a 200-day moving average of $31.83.

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

Invitation Home Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, September 25th were given a $0.29 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.16 annualized dividend and a yield of 4.1%. Invitation Home's dividend payout ratio (DPR) is presently 131.82%.

Institutional Trading of Invitation Home

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Invitation Home by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 95,026,266 shares of the company's stock worth $3,116,862,000 after acquiring an additional 719,365 shares during the last quarter. Norges Bank purchased a new position in Invitation Home during the 2nd quarter worth $1,693,992,000. State Street Corp boosted its holdings in Invitation Home by 1.3% during the 2nd quarter. State Street Corp now owns 36,159,024 shares of the company's stock worth $1,196,334,000 after acquiring an additional 460,747 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Invitation Home by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 15,855,732 shares of the company's stock worth $518,018,000 after acquiring an additional 309,953 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in Invitation Home by 4.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 13,319,490 shares of the company's stock worth $436,880,000 after acquiring an additional 514,100 shares during the last quarter. Institutional investors and hedge funds own 96.79% of the company's stock.

Invitation Home Company Profile

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.

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