Invitation Homes Inc. (NYSE:INVH) Given Consensus Rating of "Hold" by Analysts

Shares of Invitation Homes Inc. (NYSE:INVH - Get Free Report) have earned a consensus recommendation of "Hold" from the sixteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $37.38.

Several research analysts have recently weighed in on INVH shares. Jefferies Financial Group cut shares of Invitation Homes from a "buy" rating to a "hold" rating and reduced their price target for the company from $39.00 to $33.00 in a report on Thursday, January 2nd. Mizuho raised shares of Invitation Homes from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from $33.00 to $36.00 in a research report on Thursday, March 13th. Morgan Stanley cut Invitation Homes from an "overweight" rating to an "equal weight" rating and dropped their price objective for the stock from $39.00 to $35.00 in a research note on Friday, January 24th. Raymond James lowered their price target on Invitation Homes from $40.00 to $36.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. Finally, Barclays reissued an "overweight" rating and issued a $37.00 price objective (up from $36.00) on shares of Invitation Homes in a research report on Wednesday, March 12th.

Institutional Trading of Invitation Homes

Several institutional investors and hedge funds have recently modified their holdings of the stock. Virtus ETF Advisers LLC increased its stake in Invitation Homes by 7.0% in the 4th quarter. Virtus ETF Advisers LLC now owns 4,907 shares of the company's stock valued at $157,000 after buying an additional 319 shares during the last quarter. Snowden Capital Advisors LLC grew its stake in Invitation Homes by 2.6% in the 4th quarter. Snowden Capital Advisors LLC now owns 12,409 shares of the company's stock valued at $400,000 after purchasing an additional 319 shares during the period. Lindbrook Capital LLC raised its stake in shares of Invitation Homes by 58.4% during the 4th quarter. Lindbrook Capital LLC now owns 892 shares of the company's stock worth $29,000 after purchasing an additional 329 shares during the period. Smartleaf Asset Management LLC grew its position in Invitation Homes by 58.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,024 shares of the company's stock valued at $33,000 after buying an additional 378 shares during the period. Finally, Sheaff Brock Investment Advisors LLC raised its position in Invitation Homes by 1.2% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 35,429 shares of the company's stock worth $1,133,000 after acquiring an additional 408 shares during the period. 96.79% of the stock is owned by hedge funds and other institutional investors.

Invitation Homes Price Performance

Invitation Homes stock traded up $1.16 on Friday, reaching $35.35. The company's stock had a trading volume of 710,324 shares, compared to its average volume of 3,109,420. The business's fifty day moving average price is $33.40 and its 200 day moving average price is $32.80. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24. Invitation Homes has a twelve month low of $29.37 and a twelve month high of $37.80. The company has a market cap of $21.67 billion, a price-to-earnings ratio of 49.79, a PEG ratio of 4.70 and a beta of 0.86.

Invitation Homes (NYSE:INVH - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.01. Invitation Homes had a net margin of 17.02% and a return on equity of 4.36%. The company had revenue of $674.48 million for the quarter, compared to analyst estimates of $663.77 million. During the same period in the prior year, the business earned $0.47 earnings per share. Invitation Homes's quarterly revenue was up 4.4% on a year-over-year basis. Equities analysts expect that Invitation Homes will post 1.83 earnings per share for the current fiscal year.

Invitation Homes Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 17th were paid a dividend of $0.29 per share. The ex-dividend date was Thursday, March 27th. This represents a $1.16 dividend on an annualized basis and a yield of 3.28%. Invitation Homes's dividend payout ratio (DPR) is presently 158.90%.

Invitation Homes 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.