Invitation Home (NYSE:INVH) Sets New 1-Year Low – What’s Next?

by · The Markets Daily

Invitation Home (NYSE:INVHGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $25.29 and last traded at $25.7530, with a volume of 13456579 shares traded. The stock had previously closed at $28.10.

Wall Street Analysts Forecast Growth

INVH has been the subject of several analyst reports. Scotiabank dropped their price target on shares of Invitation Home from $36.00 to $31.00 and set a “sector perform” rating for the company in a research note on Monday, November 10th. Keefe, Bruyette & Woods decreased their price objective on Invitation Home from $33.00 to $31.00 and set a “market perform” rating on the stock in a report on Wednesday, November 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Invitation Home in a research note on Monday, December 29th. Oppenheimer set a $38.00 target price on Invitation Home and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Finally, Barclays lowered their price target on Invitation Home from $37.00 to $34.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $34.70.

Get Our Latest Research Report on INVH

Invitation Home Stock Performance

The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.42. The firm has a 50-day moving average price of $27.67 and a 200 day moving average price of $29.50. The firm has a market capitalization of $16.40 billion, a PE ratio of 28.27, a price-to-earnings-growth ratio of 2.59 and a beta of 0.83.

Invitation Home (NYSE:INVHGet Free Report) last posted its earnings results on Wednesday, October 29th. The company reported $0.47 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.47. The firm had revenue of $688.17 million for the quarter, compared to analyst estimates of $679.41 million. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.Invitation Home’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.47 EPS. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. Research analysts expect that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Tuesday, December 23rd will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.5%. This is a positive change from Invitation Home’s previous quarterly dividend of $0.29. The ex-dividend date is Tuesday, December 23rd. Invitation Home’s payout ratio is presently 126.32%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. purchased a new stake in shares of Invitation Home during the 2nd quarter worth approximately $30,000. Hantz Financial Services Inc. raised its stake in Invitation Home by 1,695.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after acquiring an additional 1,068 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Invitation Home by 59.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after acquiring an additional 466 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in Invitation Home by 136,000.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after acquiring an additional 1,360 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in Invitation Home by 49.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,272 shares of the company’s stock valued at $42,000 after acquiring an additional 421 shares in the last quarter. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

About Invitation Home

(Get Free Report)

Invitation Homes (NYSE: INVH) is a real estate investment trust that specializes in the ownership, operation and leasing of single-family rental homes across the United States. The company focuses on acquiring suburban and urban-adjacent single-family residences and managing them as rental properties for households seeking professionally managed, long-term housing alternatives to traditional homeownership or multifamily rentals.

Operationally, Invitation Homes is involved in the full lifecycle of the single-family rental business: sourcing and acquiring homes, performing renovations and ongoing maintenance, marketing and leasing properties, and providing property management and resident services.

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