Wall Street analysts expect Invitation Homes Inc (NYSE:INVH) to announce earnings of $0.31 per share for the current quarter, according to Zacks. Six analysts have issued estimates for Invitation Homes’ earnings. The lowest EPS estimate is $0.30 and the highest is $0.32. Invitation Homes posted earnings per share of ($0.11) during the same quarter last year, which indicates a positive year over year growth rate of 381.8%. The business is expected to issue its next earnings report on Wednesday, February 20th.

On average, analysts expect that Invitation Homes will report full-year earnings of $1.18 per share for the current year, with EPS estimates ranging from $1.17 to $1.18. For the next fiscal year, analysts expect that the business will report earnings of $1.27 per share, with EPS estimates ranging from $1.22 to $1.30. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Invitation Homes.

Invitation Homes (NYSE:INVH) last announced its earnings results on Monday, November 5th. The company reported $0.29 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.29. Invitation Homes had a negative return on equity of 0.56% and a negative net margin of 4.71%. The company had revenue of $434.20 million for the quarter, compared to analysts’ expectations of $436.18 million. During the same period last year, the firm earned $0.20 EPS. Invitation Homes’s revenue for the quarter was up 78.3% compared to the same quarter last year.

A number of equities analysts recently commented on INVH shares. Raymond James raised their target price on Invitation Homes from $26.00 to $27.00 and gave the stock a “buy” rating in a report on Tuesday, August 21st. TheStreet raised Invitation Homes from a “d+” rating to a “c” rating in a report on Tuesday, November 6th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Invitation Homes has an average rating of “Buy” and a consensus price target of $25.83.

In other Invitation Homes news, Director Barry S. Sternlicht sold 1,309,849 shares of the firm’s stock in a transaction dated Friday, September 14th. The stock was sold at an average price of $23.55, for a total transaction of $30,846,943.95. Following the sale, the director now directly owns 5,482 shares of the company’s stock, valued at $129,101.10. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.50% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the business. Bank of Montreal Can grew its position in Invitation Homes by 338.8% in the third quarter. Bank of Montreal Can now owns 4,555 shares of the company’s stock worth $104,000 after acquiring an additional 3,517 shares in the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of Invitation Homes during the second quarter valued at approximately $175,000. Virtu Financial LLC purchased a new position in shares of Invitation Homes during the third quarter valued at approximately $201,000. Signition LP purchased a new position in shares of Invitation Homes during the third quarter valued at approximately $203,000. Finally, Engineers Gate Manager LP purchased a new position in shares of Invitation Homes during the second quarter valued at approximately $205,000.

Invitation Homes stock traded down $0.03 during trading on Thursday, reaching $21.63. The company had a trading volume of 51,855 shares, compared to its average volume of 1,941,886. Invitation Homes has a 52 week low of $20.25 and a 52 week high of $24.30. The stock has a market cap of $11.30 billion, a P/E ratio of 83.21, a P/E/G ratio of 3.27 and a beta of 0.03. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.47 and a current ratio of 0.47.

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 30th. Shareholders of record on Wednesday, November 14th will be issued a dividend of $0.11 per share. The ex-dividend date is Tuesday, November 13th. This represents a $0.44 dividend on an annualized basis and a yield of 2.03%. Invitation Homes’s dividend payout ratio is presently 169.23%.

About Invitation Homes

Invitation Homes is a leading owner and operator of single-family homes for lease, offering residents high-quality homes across America. With over 80,000 homes for lease in 17 markets across the country, Invitation Homes is meeting changing lifestyle demands by providing residents access to updated homes with features they value, such as close proximity to jobs and access to good schools.

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