Morgan Stanley Cuts Invitation Home (NYSE:INVH) Price Target to $33.00

by · The Markets Daily

Invitation Home (NYSE:INVH – Free Report) had its price target trimmed by Morgan Stanley from $34.00 to $33.00 in a report published on Monday,Benzinga reports. The firm currently has an equal weight rating on the stock.

A number of other research firms have also issued reports on INVH. KeyCorp reduced their target price on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Bank of America cut their price objective on Invitation Home from $37.00 to $36.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 12th. Citigroup reduced their price objective on Invitation Home from $36.50 to $31.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Barclays decreased their target price on Invitation Home from $33.00 to $31.00 and set an “overweight” rating for the company in a report on Friday, March 6th. Finally, JPMorgan Chase & Co. cut their price target on Invitation Home from $38.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, November 18th. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.94.

View Our Latest Research Report on INVH

Invitation Home Trading Down 2.1%

Shares of NYSE INVH opened at $25.20 on Monday. Invitation Home has a twelve month low of $25.10 and a twelve month high of $35.80. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.44. The stock has a fifty day simple moving average of $26.62 and a 200-day simple moving average of $27.87. The stock has a market capitalization of $15.36 billion, a PE ratio of 26.25, a PEG ratio of 2.74 and a beta of 0.83.

Invitation Home (NYSE:INVH – Get Free Report) last posted its 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 firm had revenue of $685.25 million for 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%.Invitation Home’s revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities analysts forecast that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Tuesday, December 23rd were paid a dividend of $0.30 per share. The ex-dividend date was Tuesday, December 23rd. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.8%. Invitation Home’s payout ratio is presently 125.00%.

Institutional Trading of Invitation Home

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hantz Financial Services Inc. lifted its position in shares of Invitation Home by 1,695.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after buying an additional 1,068 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Invitation Home by 59.1% in the 3rd 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 last quarter. Cromwell Holdings LLC grew its position in shares of Invitation Home by 2,463.5% in the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after buying an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Invitation Home by 136,000.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock worth $40,000 after acquiring an additional 1,360 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in Invitation Home during the 3rd quarter worth $42,000. 96.79% of the stock is currently owned by institutional investors and hedge funds.

About Invitation Home

(Get Free Report)

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.

See Also