Oppenheimer Cuts Invitation Home (NYSE:INVH) Price Target to $31.00

Invitation Home (NYSE:INVH) had its target price trimmed by Oppenheimer from $38.00 to $31.00 in a research note published on Tuesday morning, MarketBeat reports. The brokerage currently has an outperform rating on the stock.

Several other equities research analysts have also issued reports on the company. KeyCorp lowered their price objective on Invitation Home from $38.00 to $34.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Barclays restated an “overweight” rating and set a $33.00 price target on shares of Invitation Home in a report on Tuesday, January 13th. Citizens Jmp dropped their price objective on shares of Invitation Home from $40.00 to $35.00 and set a “market outperform” rating for the company in a research note on Friday, February 20th. Keefe, Bruyette & Woods cut their price objective on shares of Invitation Home from $33.00 to $31.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 5th. Finally, Citigroup reissued a “market outperform” rating on shares of Invitation Home in a research note on Wednesday, January 21st. Ten analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, Invitation Home presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.35.

Invitation Home Price Performance

INVH stock opened at $26.29 on Tuesday. The company has a market capitalization of $16.02 billion, a PE ratio of 27.39, a price-to-earnings-growth ratio of 2.77 and a beta of 0.83. Invitation Home has a one year low of $25.21 and a one year high of $35.80. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.03 and a current ratio of 0.03. The company’s fifty day moving average price is $26.86 and its 200-day moving average price is $28.15.

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

Invitation Home Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Tuesday, December 23rd were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.6%. The ex-dividend date was Tuesday, December 23rd. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s dividend payout ratio (DPR) is 125.00%.

Institutional Trading of Invitation Home

A number of hedge funds have recently added to or reduced their stakes in INVH. Hantz Financial Services Inc. raised its holdings in shares of Invitation Home by 1,695.2% in the 3rd 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 in the last quarter. Smartleaf Asset Management LLC increased its holdings in Invitation Home by 59.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after buying an additional 466 shares during the period. Cromwell Holdings LLC raised its stake in Invitation Home by 2,463.5% in the fourth 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 lifted its holdings in Invitation Home by 136,000.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock worth $40,000 after buying an additional 1,360 shares during the period. Finally, Mather Group LLC. purchased a new stake in Invitation Home during the third quarter worth $42,000. 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.