About Invitation Home (NYSE:INVH)
Invitation Homes Inc. is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. The Company's segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments. As of September 30, 2016, the Company's averaged approximately 1,850 square feet with three bedrooms and two bathrooms. As of September 30, 2016, the Company's portfolio included 48,431 homes. As of September 30, 2016, the Company's homes were located in Southern California, Northern California, Seattle, Phoenix and Las Vegas in Western United States; South Florida, Tampa, Orlando and Jacksonville in Florida; Atlanta and Charlotte in Southeast United States, and Chicago and Minneapolis in Midwest United States. As of September 30, 2016, the Company had 73 homes in escrow that we expected to acquire, subject to customary closing conditions.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Residential Real Estate Development
- Sub-Industry: N/A
- Symbol: NYSE:INVH
- CUSIP: N/A
- Web: www.invitationhomes.com
- Market Cap: $7.13623 billion
- Outstanding Shares: 311,354,000
- 50 Day Moving Avg: $22.61
- 200 Day Moving Avg: $21.95
- 52 Week Range: $19.80 - $23.56
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 19.93
- P/E Growth: -45.48
- Annual Revenue: $948.56 million
- Price / Sales: 7.52
- Book Value: $11.74 per share
- Price / Book: 1.95
- Annual Dividend: $0.32
- Dividend Yield: 1.4%
- Debt-to-Equity Ratio: 1.57%
- Current Ratio: 1.43%
- Quick Ratio: 1.43%
- Average Volume: 1.91 million shs.
- Short Ratio: 4.67
Frequently Asked Questions for Invitation Home (NYSE:INVH)
What is Invitation Home's stock symbol?
Invitation Home trades on the New York Stock Exchange (NYSE) under the ticker symbol "INVH."
How often does Invitation Home pay dividends? What is the dividend yield for Invitation Home?
Invitation Home announced a quarterly dividend on Monday, October 16th. Shareholders of record on Tuesday, October 24th will be paid a dividend of $0.08 per share on Tuesday, November 7th. This represents a $0.32 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend is Monday, October 23rd. View Invitation Home's Dividend History.
How were Invitation Home's earnings last quarter?
Invitation Home Inc. (NYSE:INVH) released its quarterly earnings results on Thursday, August, 10th. The company reported $0.25 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.24 by $0.01. The business had revenue of $242.22 million for the quarter, compared to analyst estimates of $240.58 million. The business's quarterly revenue was up 5.1% compared to the same quarter last year. View Invitation Home's Earnings History.
When will Invitation Home make its next earnings announcement?
What guidance has Invitation Home issued on next quarter's earnings?
Invitation Home issued an update on its FY17 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $0.96-1.04 for the period, compared to the Thomson Reuters consensus estimate of $0.99.
Where is Invitation Home's stock going? Where will Invitation Home's stock price be in 2017?
15 brokers have issued 1-year price targets for Invitation Home's stock. Their forecasts range from $21.50 to $26.00. On average, they anticipate Invitation Home's stock price to reach $24.46 in the next twelve months. View Analyst Ratings for Invitation Home.
Who are some of Invitation Home's key competitors?
Some companies that are related to Invitation Home include Vornado Realty Trust (VNO), Comerica Incorporated (CMA), CNA Financial Corporation (CNA), CBRE Group (CBG), Annaly Capital Management (NLY), Arch Capital Group (ACGL), Cincinnati Financial Corporation (CINF), Raymond James Financial (RJF), CBOE Holdings (CBOE), HCP (HCP), Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX), Nasdaq (NDAQ), Fairfax Financial Holdings (FRFHF), Mid-America Apartment Communities (MAA), E*TRADE Financial Corporation (ETFC), Aegon NV (AEG), Unum Group (UNM) and Alexandria Real Estate Equities (ARE).
Who are Invitation Home's key executives?
Invitation Home's management team includes the folowing people:
- Bryce Blair, Executive Chairman of the Board
- John B. Bartling Jr., President, Chief Executive Officer, Director
- Nicholas C. Gould, Vice Chairman of the Board
- Ernest Michael Freedman CPA, Chief Financial Officer, Executive Vice President
- Bruce A. Lavine, Executive Vice President - Operations and Chief Operations Officer
- Dallas B. Tanner, Executive Vice President, Chief Investment Officer
- G. Irwin Gordon, Executive Vice President and Chief Revenue Officer
- Mark A. Solls, Executive Vice President and Chief Legal Officer
- Kenneth A. Caplan, Director
- Jonathan D. Gray, Director
When did Invitation Home IPO?
(INVH) raised $1.5 billion in an initial public offering (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 acted 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.
How do I buy Invitation Home stock?
Shares of Invitation Home can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Invitation Home's stock price today?
MarketBeat Community Rating for Invitation Home (NYSE INVH)MarketBeat's community ratings are surveys of what our community members think about Invitation Home and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Invitation Home stock can currently be purchased for approximately $22.92.
Consensus Ratings for Invitation Home (NYSE:INVH) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 13 Buy Ratings, 1 Strong Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$24.46 (6.73% upside)|Consensus Price Target History for Invitation Home (NYSE:INVH)
Analysts' Ratings History for Invitation Home (NYSE:INVH)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/9/2017||BTIG Research||Initiated Coverage||Buy -> Buy||$26.00||N/A|
|10/3/2017||Keefe, Bruyette & Woods||Reiterated Rating||Buy||$25.00||Low|
|9/21/2017||FBR & Co||Reiterated Rating||Buy||Medium|
|6/23/2017||Zelman & Associates||Upgrade||Hold -> Buy||Low|
|6/5/2017||Evercore ISI||Initiated Coverage||Outperform -> Outperform||$24.00||High|
|5/16/2017||Royal Bank Of Canada||Reiterated Rating||Outperform -> Outperform||$23.00 -> $24.00||High|
|2/28/2017||Raymond James Financial, Inc.||Reiterated Rating||Strong-Buy||$25.00||N/A|
|2/27/2017||Deutsche Bank AG||Initiated Coverage||Buy -> Buy||$25.00||N/A|
|2/27/2017||Wells Fargo & Company||Initiated Coverage||Outperform -> Outperform||N/A|
|2/27/2017||Credit Suisse Group||Initiated Coverage||Outperform||$24.00||N/A|
|2/27/2017||J P Morgan Chase & Co||Initiated Coverage||Overweight -> Overweight||$25.00||N/A|
|2/27/2017||Bank of America Corporation||Initiated Coverage||Buy -> Buy||$24.00||N/A|
|2/27/2017||JMP Securities||Initiated Coverage||Mkt Outperform -> Outperform||$25.50||N/A|
|2/27/2017||Morgan Stanley||Initiated Coverage||Overweight -> Overweight||$24.00||N/A|
|2/27/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Neutral -> Neutral||$21.50||N/A|
Earnings History for Invitation Home (NYSE:INVH)Earnings History by Quarter for Invitation Home (NYSE INVH)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/10/2017||Q2 2017||$0.24||$0.25||$240.58 million||$242.22 million||View||N/A|
|5/11/2017||Q1 2017||$0.27||$0.25||$238.10 million||$238.80 million||View||N/A|
Earnings Estimates for Invitation Home (NYSE:INVH)
Current Year EPS Consensus Estimate: $1 EPS
Next Year EPS Consensus Estimate: $1.15 EPS
Current Dividend Information for Invitation Home (NYSE:INVH)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||32.00% (Based on This Year's Estimates)|
27.83% (Based on Next Year's Estimates)
Dividend History by Quarter for Invitation Home (NYSE INVH)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Invitation Home (NYSE:INVH)
Institutional Ownership Percentage: 99.96%Insider Trades by Quarter for Invitation Home (NYSE:INVH)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/9/2017||John Bartling||CEO||Buy||950||$21.43||$20,358.50|| |
|2/6/2017||Janice L Sears||Director||Buy||5,000||$20.00||$100,000.00|| |
|2/6/2017||Mark A Solls||EVP||Buy||1,000||$20.00||$20,000.00|| |
Headline Trends for Invitation Home (NYSE:INVH)
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Invitation Home (INVH) Chart for Sunday, October, 22, 2017