Invitation Home (NYSE:INVH) Given New $35.00 Price Target at Citizens Jmp

Invitation Home (NYSE:INVH) had its price objective reduced by Citizens Jmp from $40.00 to $35.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “market outperform” rating on the stock. Citizens Jmp’s price target suggests a potential upside of 36.10% from the stock’s current price.

Several other research analysts have also recently commented on INVH. Mizuho reissued a “neutral” rating and set a $27.00 price target (down from $30.00) on shares of Invitation Home in a research report on Thursday, January 8th. UBS Group set a $40.00 price objective on Invitation Home in a research note on Wednesday, January 21st. Barclays reissued an “overweight” rating and issued a $33.00 price objective on shares of Invitation Home in a report on Tuesday, January 13th. JPMorgan Chase & Co. lowered their target price on shares of Invitation Home from $38.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, November 18th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Invitation Home in a research report on Monday, December 29th. Ten analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.68.

Invitation Home Stock Performance

Shares of INVH stock opened at $25.72 on Friday. The firm has a market cap of $15.77 billion, a PE ratio of 26.79, a P/E/G ratio of 2.92 and a beta of 0.83. Invitation Home has a 12 month low of $25.29 and a 12 month high of $35.80. The company’s fifty day simple moving average is $26.98 and its 200-day simple moving average is $28.31. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.42.

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

Institutional Investors Weigh In On Invitation Home

Several hedge funds have recently added to or reduced their stakes in INVH. Vanguard Group Inc. increased its holdings in shares of Invitation Home by 0.8% in the second quarter. Vanguard Group Inc. now owns 95,026,266 shares of the company’s stock valued at $3,116,862,000 after purchasing an additional 719,365 shares during the last quarter. Norges Bank bought a new stake in shares of Invitation Home during the 4th quarter worth about $1,438,952,000. State Street Corp grew its stake in Invitation Home by 1.3% in the 3rd quarter. State Street Corp now owns 36,621,403 shares of the company’s stock valued at $1,084,514,000 after buying an additional 462,379 shares during the last quarter. Geode Capital Management LLC raised its holdings in Invitation Home by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock valued at $468,997,000 after acquiring an additional 203,474 shares during the period. Finally, Daiwa Securities Group Inc. lifted its position in Invitation Home by 8.8% during the third quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock worth $424,922,000 after acquiring an additional 1,168,113 shares during the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

About Invitation Home

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.