NYSE:INVH - Invitation Homes Stock Price, Forecast & News

Invitation Homes' stock was trading at $26.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, INVH shares have decreased by 24.2% and is now trading at $20.45. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Invitation Homes in the last year. There are currently 1 sell rating, 3 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Invitation Homes.

Invitation Homes is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Invitation Homes.

Invitation Homes Inc (NYSE:INVH) released its quarterly earnings results on Tuesday, February, 18th. The company reported $0.10 EPS for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.21. The company had revenue of $444.28 million for the quarter, compared to the consensus estimate of $450.54 million. Invitation Homes had a net margin of 8.23% and a return on equity of 1.78%. Invitation Homes's revenue was up 2.7% on a year-over-year basis. During the same period last year, the company posted $0.30 earnings per share. View Invitation Homes' earnings history.

Invitation Homes declared a quarterly dividend on Friday, January 31st. Shareholders of record on Wednesday, February 12th will be paid a dividend of $0.15 per share on Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Tuesday, February 11th. This is an increase from Invitation Homes's previous quarterly dividend of $0.13. View Invitation Homes' dividend history.

Invitation Homes updated its FY20 earnings guidance on Tuesday, February, 18th. The company provided EPS guidance of $1.27 to $1.35 for the period, compared to the Thomson Reuters consensus estimate of $1.33.

11 brokerages have issued 1-year target prices for Invitation Homes' shares. Their forecasts range from $27.00 to $36.00. On average, they anticipate Invitation Homes' share price to reach $30.59 in the next twelve months. This suggests a possible upside of 49.6% from the stock's current price. View analysts' price targets for Invitation Homes.

Headlines about INVH stock have trended very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Invitation Homes earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutInvitation Homes.

Some companies that are related to Invitation Homes include Charles Schwab (SCHW), Progressive (PGR), Bank of Montreal (BMO), Truist Financial (TFC), Marsh & McLennan Companies (MMC), PNC Financial Services Group (PNC), Itau Unibanco (ITUB), Moody's (MCO), AXA (AXAHY), AON (AON), Sun Hung Kai Properties (SUHJY), Banco Santander (SAN), DIGITAL RLTY TR/SH (DLR), BNP PARIBAS/S (BNPQY) and Public Storage (PSA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Invitation Homes investors own include Alibaba Group (BABA), NVIDIA (NVDA), Walt Disney (DIS), Verizon Communications (VZ), Cisco Systems (CSCO), Home Depot (HD), Procter & Gamble (PG), CVS Health (CVS), Intel (INTC) and Johnson & Johnson (JNJ).

(INVH) raised $1.5 billion in an IPO on Wednesday, February 1st 2017. The company issued 77,000,000 shares at a price of $18.00-$21.00 per share. Deutsche Bank Securities, J.P. Morgan, BofA Merrill Lynch, Goldman Sachs, Wells Fargo Securities, Credit Suisse, Morgan Stanley and RBC Capital Market served as the underwriters for the IPO and Blackstone Capital Markets, BTIG, Evercore ISI, FBR, JMP Securities, Keefe, Bruyette & Woods (A Stifel Company), Raymond James, Siebert Cisneros Shank and Zelman Partners were co-managers.

Invitation Homes trades on the New York Stock Exchange (NYSE) under the ticker symbol "INVH."

Shares of INVH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of INVH stock can currently be purchased for approximately $20.45.

Invitation Homes has a market capitalization of $11.08 billion and generates $1.76 billion in revenue each year. The company earns $145.46 million in net income (profit) each year or $1.25 on an earnings per share basis. Invitation Homes employs 1,140 workers across the globe. View additional information about Invitation Homes.

The official website for Invitation Homes is http://www.invitationhomes.com/.

Invitation Homes' mailing address is 1717 Main Street Suite 2000, Dallas TX, 75201. The company can be reached via phone at 972-421-3600 or via email at [email protected]