Invitation Homes Inc. (NYSE: INVH) Average Analysts “Moderate Buy” Recommendation

Invitation Homes Inc. (NYSE: INVH – Get Rating) gives an average “moderate buy” rating of fourteen research firms currently covering stocks, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given the company a strong buy rating. The average one-year price target among analysts who reported on the stock last year is $44.50.

INVH has been the subject of several recent analyst reports. Evercore ISI set a $42.00 target price on Invitation Homes in a research note on Monday, June 20. Goldman Sachs Group raised its price target on Invitation Homes from $40.50 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, August 16th. Raymond James reformulated a “strong buy” rating and set a $44.00 price target (down from $48.00) for Invitation Homes shares in a research report on Thursday, June 23rd. Mizuho lowered its price target on Invitation Homes from $45.00 to $44.00 and assigned the company a “buy” rating in a research report on Wednesday, July 6th. Finally, Jefferies Financial Group lowered its price target on Invitation Homes from $44.00 to $41.00 and assigned a “buy” rating to the company in a research report on Thursday, June 30.

house price performance call

New York Stock Exchange: INVH opened at $36.86 on Monday. The 50-day moving average is $37.60 and the 200-day moving average is $38.13. The company’s debt-to-equity ratio is 0.53, a quick ratio of 0.10 and a current ratio of 0.10. The stock has a market capitalization of $22.50 billion, a PE ratio of 64.67, a P/E/G ratio of 3.30 and a beta of 0.90. Invitation Homes has a one-year low of $33.15 and a one-year high of $45.80.

Invitation Homes (NYSE: INVH – Get Rating) published its latest earnings results on Wednesday, July 27. The company reported earnings of $0.18 per share (EPS) for the quarter, topping the consensus estimate of $0.40 ($0.22). The company generated $557.30 million in revenue for the quarter, compared to analysts’ estimates of $548.52 million. Invitation Homes has a return on equity of 3.66% and a net margin of 16.37%. Equity research analysts expect Invitation Homes to post 1.65 earnings per share for the current fiscal year.

Invitation Homes announces dividends

The company also recently announced a quarterly dividend, which was paid on Friday, August 26th. Shareholders of record on Tuesday, August 9th received a dividend of $0.22 per share. This represents a dividend of $0.88 year-over-year and a return of 2.39%. The ex-dividend date was Monday, August 8th. Invitation Homes’ dividend payout ratio (DPR) is 154.39%.

Institutional trade for invitations houses

A number of institutional investors have recently bought and sold shares of INVH. Swiss National Bank boosted its position in shares of Invitation Homes by 18.0% during the first quarter. Swiss National Bank now owns 2,584,757 shares of the company’s stock, valued at $103,856,000 after purchasing an additional 393,700 shares in the last quarter. Appleton Partners Inc. MA positioned shares of Invitation Homes by 7.5% during the first quarter. Appleton Partners Inc. MA now owns 15,210 shares of the company’s stock, valued at $611,000, after purchasing an additional 1,055 shares in the last quarter. The Bank of Montreal was able to increase its position in Invitation Homes by 162.3% in the first quarter. Banque de Montreal Cannes now owns 1,025,493 shares of the company’s stock valued at $41,963,000 after acquiring an additional 634,559 shares during the period. Xponance strengthened its position in Invitation Homes by 5.8% in the first quarter. Xponance now owns 6,835 shares of the company’s stock valued at $275,000 after acquiring an additional 373 shares during this period. Finally, Oak Thistle LLC boosted its position in Invitation Homes by 138.2% in the first quarter. Oak Thistle LLC now owns 14,061 shares of the company’s stock valued at $565,000 after acquiring an additional 8,157 shares during the period. 95.52% of the shares are owned by hedge funds and other institutional investors.

About Invitation Homes

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Invitation Homes is the leading single-family home rental company in the country, catering to changing lifestyle demands by providing access to high-quality updated homes with valuable features such as proximity to jobs and access to quality schools. The company’s mission, “With You, We Make Home a Home”, reflects its commitment to providing homes in which individuals and families can thrive, and a high-touch service that continually enhances residents’ living experiences.

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