Invitation Home Plans Quarterly Dividend of $0.30 (NYSE:INVH)

Invitation Home (NYSE:INVH) announced a quarterly dividend on Friday, March 13th. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.30 per share on Friday, April 17th. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend is Thursday, March 26th.

Invitation Home has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Invitation Home has a dividend payout ratio of 141.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Invitation Home to earn $1.89 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 63.5%.

Invitation Home Stock Performance

NYSE INVH opened at $24.98 on Friday. The stock has a market cap of $15.22 billion, a P/E ratio of 26.02, a PEG ratio of 2.68 and a beta of 0.83. The company’s 50-day simple moving average is $26.51 and its 200 day simple moving average is $27.81. Invitation Home has a twelve month low of $24.87 and a twelve month high of $35.80. 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 (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 return on equity of 6.24% and a net margin of 21.53%.The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the company earned $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, research analysts forecast that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Invitation Home

A number of institutional investors have recently modified their holdings of the stock. Hantz Financial Services Inc. grew its stake in shares of Invitation Home by 1,695.2% during the third quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock valued at $33,000 after purchasing an additional 1,068 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Invitation Home by 59.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after buying an additional 466 shares in the last quarter. Cromwell Holdings LLC lifted its holdings in Invitation Home by 2,463.5% during the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock worth $37,000 after buying an additional 1,281 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Invitation Home by 136,000.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after buying an additional 1,360 shares during the last quarter. Finally, Mather Group LLC. bought a new position in Invitation Home in the 3rd quarter valued at $42,000. 96.79% of the stock is owned by institutional investors.

About Invitation Home

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.