Invitation Home (NYSE:INVH) Earns Market Perform Rating from Raymond James Financial

Invitation Home (NYSE:INVH)‘s stock had its “market perform” rating reaffirmed by stock analysts at Raymond James Financial in a research report issued on Friday, MarketBeat Ratings reports.

Several other equities research analysts also recently commented on the stock. Wall Street Zen downgraded shares of Invitation Home from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. Royal Bank Of Canada cut their price target on Invitation Home from $30.00 to $29.00 and set a “sector perform” rating for the company in a research note on Friday, February 20th. Bank of America lowered their price objective on Invitation Home from $37.00 to $36.00 and set a “neutral” rating for the company in a research note on Wednesday, November 12th. Keefe, Bruyette & Woods cut their target price on Invitation Home from $31.00 to $28.00 and set a “market perform” rating on the stock in a research report on Wednesday. Finally, Scotiabank lowered their price target on Invitation Home from $31.00 to $28.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 14th. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Invitation Home presently has an average rating of “Moderate Buy” and a consensus price target of $33.35.

Invitation Home Trading Up 2.6%

NYSE INVH opened at $26.29 on Friday. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.44. Invitation Home has a 52 week low of $25.21 and a 52 week high of $35.80. The business has a 50 day moving average price of $26.86 and a 200-day moving average price of $28.15. The company has a market cap of $16.02 billion, a price-to-earnings ratio of 27.39, a P/E/G ratio of 2.77 and a beta of 0.83.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.21). The business had revenue of $685.25 million during the quarter, compared to analyst estimates of $683.00 million. Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, equities analysts expect that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in shares of Invitation Home by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 95,026,266 shares of the company’s stock worth $3,116,862,000 after purchasing an additional 719,365 shares during the period. Norges Bank bought a new stake in Invitation Home in the fourth quarter worth about $1,438,952,000. State Street Corp lifted its stake in Invitation Home by 1.3% in the third quarter. State Street Corp now owns 36,621,403 shares of the company’s stock valued at $1,084,514,000 after purchasing an additional 462,379 shares during the last quarter. Geode Capital Management LLC grew its holdings in Invitation Home by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock valued at $468,997,000 after purchasing an additional 203,474 shares during the period. Finally, Daiwa Securities Group Inc. increased its position in Invitation Home by 8.8% in the third quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock worth $424,922,000 after buying an additional 1,168,113 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

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.