Invitation Homes (NYSE:INVH – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.09, Zacks reports. The business had revenue of $731.28 million for the quarter, compared to analysts’ expectations of $742.55 million. Invitation Homes had a net margin of 23.13% and a return on equity of 7.22%. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.47 EPS.
Invitation Homes Price Performance
INVH traded down $0.17 during midday trading on Thursday, hitting $26.57. The company had a trading volume of 1,437,579 shares, compared to its average volume of 5,731,437. The company has a market capitalization of $15.70 billion, a PE ratio of 24.42, a P/E/G ratio of 4.10 and a beta of 0.82. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.02 and a current ratio of 0.02. The firm’s 50-day simple moving average is $27.60 and its 200-day simple moving average is $27.79. Invitation Homes has a twelve month low of $24.25 and a twelve month high of $30.89.
Invitation Homes Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Thursday, September 24th. Invitation Homes’s dividend payout ratio is presently 110.09%.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. Citigroup reaffirmed a “buy” rating on shares of Invitation Homes in a research note on Thursday, August 6th. Keefe, Bruyette & Woods increased their target price on shares of Invitation Homes from $29.00 to $31.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 5th. UBS Group dropped their price objective on Invitation Homes from $35.00 to $31.00 and set a “buy” rating on the stock in a report on Monday, October 12th. JPMorgan Chase & Co. increased their price target on Invitation Homes from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, August 25th. Finally, Wells Fargo & Company cut their price objective on Invitation Homes from $33.00 to $30.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Eleven analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Invitation Homes has an average rating of “Hold” and an average target price of $32.00.
Read Our Latest Analysis on Invitation Homes
Trending Headlines about Invitation Homes
Here are the key news stories impacting Invitation Homes this week:
- Positive Sentiment: $500 million buyback: Invitation Homes announced an equity-repurchase program for up to $500 million of its shares. A subsequent tranche update indicates the company has begun or continued implementing the plan, which could support per-share results and signal that management views the stock as undervalued. Invitation Homes Announces a $500 Million Equity Buyback Invitation Homes Buyback Tranche Update
- Positive Sentiment: EPS exceeded estimates: Reported EPS was $0.27, above the $0.18 analyst consensus. Revenue increased 6.3% year over year to $731.3 million, and brokerages maintain an average price target of $32, above the recent trading range. Invitation Homes Earnings and Analyst Target
- Neutral Sentiment: FFO was in line: Quarterly FFO reached $0.48 per share, matching the consensus estimate and rising modestly from $0.47 a year earlier. This suggests stable underlying real-estate cash generation rather than a significant acceleration. Invitation Homes Q3 FFO Results
- Negative Sentiment: Revenue and AFFO disappointed: Revenue of $731.3 million was below the $742.6 million consensus, while adjusted funds from operations was essentially flat. The company also revised its 2026 guidance, creating uncertainty around near-term growth and likely outweighing the reported EPS beat for some investors. Invitation Homes Q3 AFFO and Guidance
Invitation Homes Company Profile
Invitation Homes Inc (NYSE: INVH) is a real estate investment trust that owns, leases and operates single-family homes in the United States. The company provides professionally managed rental housing for individuals and families, with properties generally located in suburban communities and metropolitan areas.
The company’s services include home leasing, property management, resident support, maintenance and renovations. Invitation Homes uses technology and centralized operating systems to market homes, manage lease agreements, collect rent and coordinate property care.
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