KeyCorp Cuts Invitation Home (NYSE:INVH) Price Target to $34.00

Invitation Home (NYSE:INVH) had its price objective cut by stock analysts at KeyCorp from $38.00 to $34.00 in a research report issued to clients and investors on Friday, Marketbeat.com reports. The brokerage presently has an “overweight” rating on the stock. KeyCorp’s target price indicates a potential upside of 32.21% from the company’s previous close.

INVH has been the topic of several other reports. Keefe, Bruyette & Woods dropped their target price on Invitation Home from $33.00 to $31.00 and set a “market perform” rating on the stock in a report on Wednesday, November 5th. Citigroup reiterated a “market outperform” rating on shares of Invitation Home in a research note on Wednesday, January 21st. Mizuho reissued a “neutral” rating and set a $27.00 price objective (down from $30.00) on shares of Invitation Home in a research report on Thursday, January 8th. JPMorgan Chase & Co. decreased their target price on shares of Invitation Home from $38.00 to $37.00 and set an “overweight” rating for the company in a report on Tuesday, November 18th. Finally, Bank of America cut their price target on shares of Invitation Home from $37.00 to $36.00 and set a “neutral” rating on the stock in a report on Wednesday, November 12th. Ten research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $34.68.

Invitation Home Price Performance

Shares of INVH opened at $25.72 on Friday. Invitation Home has a fifty-two week low of $25.29 and a fifty-two week high of $35.80. The firm’s 50-day simple moving average is $26.98 and its two-hundred day simple moving average is $28.31. The stock has a market cap of $15.77 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 2.92 and a beta of 0.83. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.03 and a current ratio of 0.03.

Invitation Home (NYSE:INVH) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.21). The company had revenue of $685.25 million during the quarter, compared to the consensus estimate of $683.00 million. Invitation Home had a return on equity of 6.22% and a net margin of 21.53%.The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.47 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Analysts anticipate that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC boosted its holdings in Invitation Home by 67.4% in the first quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock worth $2,589,000 after purchasing an additional 29,962 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Invitation Home by 10.7% during the 1st quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock valued at $464,000 after buying an additional 1,290 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of Invitation Home in the 2nd quarter worth $287,000. Ethic Inc. grew its holdings in shares of Invitation Home by 31.9% in the second quarter. Ethic Inc. now owns 37,571 shares of the company’s stock worth $1,229,000 after acquiring an additional 9,093 shares during the period. Finally, Asset Management One Co. Ltd. increased its position in Invitation Home by 0.4% during the second quarter. Asset Management One Co. Ltd. now owns 1,204,343 shares of the company’s stock valued at $39,502,000 after acquiring an additional 4,276 shares during the last quarter. 96.79% of the stock is owned by hedge funds and other 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.