Weiss Ratings Reiterates Hold (C) Rating for Invitation Home (NYSE:INVH)

Invitation Home (NYSE:INVH - Get Free Report)'s stock had its "hold (c)" rating reissued by equities research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Other research analysts also recently issued research reports about the stock. Royal Bank Of Canada decreased 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 note on Friday, August 1st. Evercore ISI decreased their price target on shares of Invitation Home from $36.00 to $35.00 and set an "outperform" rating for the company in a research note on Monday, September 15th. Barclays decreased 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 note on Tuesday, August 12th. Wells Fargo & Company decreased their price target on shares of Invitation Home from $34.00 to $33.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 27th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Invitation Home from $37.00 to $33.00 and set a "market perform" rating for the company in a research note on Wednesday, August 6th. Eight analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat, Invitation Home currently has an average rating of "Moderate Buy" and a consensus price target of $36.43.

Invitation Home Stock Up 0.1%

INVH stock opened at $28.18 on Wednesday. The company's 50 day moving average price is $29.97 and its 200 day moving average price is $32.12. The firm has a market capitalization of $17.27 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 2.81 and a beta of 0.81. Invitation Home has a fifty-two week low of $27.96 and a fifty-two week high of $35.80. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.02 and a current ratio of 0.02.

Invitation Home (NYSE:INVH - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.48. Invitation Home had a net margin of 20.36% and a return on equity of 5.56%. The company had revenue of $681.40 million during the quarter, compared to the consensus estimate of $675.01 million. During the same quarter in the previous year, the firm earned $0.47 earnings per share. The firm'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. On average, equities research analysts anticipate that Invitation Home will post 1.83 EPS for the current fiscal year.

Institutional Trading of Invitation Home

Several institutional investors have recently modified their holdings of INVH. Harbor Capital Advisors Inc. acquired a new position in shares of Invitation Home in the 2nd quarter valued at $30,000. Larson Financial Group LLC raised its position in 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 purchasing an additional 854 shares during the last quarter. GKV Capital Management Co. Inc. purchased a new stake in Invitation Home in the 1st quarter valued at $37,000. Zions Bancorporation National Association UT purchased a new stake in Invitation Home in the 1st quarter valued at $40,000. Finally, North Capital Inc. purchased a new stake in Invitation Home in the 1st quarter valued at $41,000. Hedge funds and other institutional investors 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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