Invitation Home (NYSE:INVH) Rating Increased to Hold at Compass Point

Compass Point upgraded shares of Invitation Home (NYSE:INVH) to a hold rating in a research report report published on Thursday morning,Zacks.com reports.

A number of other analysts also recently weighed in on INVH. Keefe, Bruyette & Woods upped their target price on shares of Invitation Home from $28.00 to $29.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Cfra cut shares of Invitation Home from a “hold” rating to a “sell” rating and lowered their price target for the company from $29.00 to $27.00 in a research report on Wednesday, May 27th. Mizuho boosted their price objective on shares of Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 17th. Barclays raised their target price on shares of Invitation Home from $31.00 to $32.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Finally, Evercore reissued an “outperform” rating and issued a $32.00 price target on shares of Invitation Home in a research report on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Invitation Home currently has an average rating of “Hold” and a consensus price target of $32.26.

Invitation Home Trading Down 1.0%

NYSE INVH opened at $29.33 on Thursday. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $32.67. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. The stock has a 50 day simple moving average of $29.25 and a two-hundred day simple moving average of $27.39. The stock has a market cap of $17.42 billion, a P/E ratio of 30.88, a price-to-earnings-growth ratio of 3.47 and a beta of 0.84.

Invitation Home (NYSE:INVH) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. The company had revenue of $579.00 million during the quarter, compared to the consensus estimate of $689.91 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. Invitation Home’s revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, analysts forecast that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, June 25th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is 126.32%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in Invitation Home by 91.8% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 26,275 shares of the company’s stock valued at $794,000 after acquiring an additional 12,575 shares during the period. Aurora Investment Managers LLC. bought a new position in shares of Invitation Home in the second quarter worth approximately $429,000. Czech National Bank increased its stake in shares of Invitation Home by 1.3% in the second quarter. Czech National Bank now owns 155,560 shares of the company’s stock worth $4,699,000 after purchasing an additional 1,963 shares in the last quarter. Assenagon Asset Management S.A. purchased a new stake in Invitation Home in the 2nd quarter worth $9,057,000. Finally, Baron Wealth Management LLC bought a new position in Invitation Home in the 2nd quarter worth approximately $204,000. 96.79% of the stock is owned by institutional investors.

Invitation Home Company Profile

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.