Shares of Invitation Homes Inc. (NYSE:INVH – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the twenty brokerages that are presently covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $38.85.
A number of research analysts have weighed in on INVH shares. Royal Bank of Canada cut shares of Invitation Homes from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from $37.00 to $36.00 in a research report on Monday. Evercore ISI dropped their target price on shares of Invitation Homes from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Monday. The Goldman Sachs Group started coverage on Invitation Homes in a report on Wednesday, September 4th. They issued a “buy” rating and a $46.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on Invitation Homes from $35.00 to $36.00 and gave the stock a “neutral” rating in a report on Monday, June 17th. Finally, UBS Group boosted their target price on Invitation Homes from $41.00 to $42.00 and gave the stock a “buy” rating in a report on Friday, August 16th.
View Our Latest Research Report on INVH
Institutional Trading of Invitation Homes
Invitation Homes Price Performance
Shares of INVH opened at $36.28 on Friday. The stock has a market cap of $22.22 billion, a PE ratio of 41.70, a price-to-earnings-growth ratio of 4.49 and a beta of 1.01. Invitation Homes has a 1-year low of $28.49 and a 1-year high of $37.80. The firm has a fifty day moving average price of $35.75 and a 200 day moving average price of $35.13. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.20 and a quick ratio of 0.20.
Invitation Homes (NYSE:INVH – Get Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.34). Invitation Homes had a net margin of 18.75% and a return on equity of 4.68%. The business had revenue of $653.45 million during the quarter, compared to analysts’ expectations of $654.70 million. As a group, sell-side analysts anticipate that Invitation Homes will post 1.83 EPS for the current year.
Invitation Homes Company Profile
Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.
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