Invitation Home (NYSE:INVH) Raised to Outperform at Mizuho

Invitation Home (NYSE:INVH) was upgraded by research analysts at Mizuho from a “neutral” rating to an “outperform” rating in a report released on Monday, MarketBeat Ratings reports. The brokerage presently has a $32.00 price objective on the stock, up from their previous price objective of $31.00. Mizuho’s price objective would indicate a potential upside of 17.90% from the stock’s current price.

INVH has been the subject of several other reports. Citigroup reiterated a “buy” rating on shares of Invitation Home in a report on Thursday, August 6th. JPMorgan Chase & Co. upped their target price on Invitation Home from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 25th. Compass Point upgraded Invitation Home to a “hold” rating in a research note on Thursday, July 9th. Wells Fargo & Company raised Invitation Home from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $31.00 to $33.00 in a research report on Wednesday, June 24th. Finally, Oppenheimer upped their price target on Invitation Home from $31.00 to $33.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $32.45.

Invitation Home Trading Up 0.2%

Shares of INVH stock opened at $27.14 on Monday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.44. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $30.89. The firm’s 50 day moving average price is $29.28 and its two-hundred day moving average price is $28.33. The stock has a market cap of $16.03 billion, a price-to-earnings ratio of 24.90, a price-to-earnings-growth ratio of 3.86 and a beta of 0.83.

Invitation Home (NYSE:INVH) last issued its earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. The business had revenue of $747.55 million for the quarter, compared to the consensus estimate of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, analysts anticipate that Invitation Home will post 1.9 EPS for the current year.

Hedge Funds Weigh In On Invitation Home

Several institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in Invitation Home in the second quarter valued at $1,866,973,000. Norges Bank acquired a new position in Invitation Home during the 4th quarter worth $1,438,952,000. Geode Capital Management LLC increased its position in shares of Invitation Home by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock worth $468,997,000 after purchasing an additional 203,474 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Invitation Home by 1.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,379,282 shares of the company’s stock worth $208,225,000 after purchasing an additional 132,006 shares during the last quarter. Finally, Centersquare Investment Management LLC increased its position in shares of Invitation Home by 2.8% in the 4th quarter. Centersquare Investment Management LLC now owns 6,552,879 shares of the company’s stock worth $182,105,000 after purchasing an additional 177,494 shares during the last quarter. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Invitation Home Company Profile

Invitation Homes Inc (NYSE: INVH) is a real estate investment trust that owns, leases and operates single-family homes in the United States. The company provides residents with professionally managed rental homes, including leasing support, property maintenance and resident services.

Invitation Homes focuses primarily on metropolitan areas across the Sun Belt and other high-growth U.S. markets. Its portfolio includes detached homes in established neighborhoods, and the company manages the acquisition, renovation, leasing and ongoing operation of those properties.

The company was founded in 2012 and became a public company in 2017 following its merger with Starwood Waypoint Homes.