Invitation Home (NYSE:INVH) Upgraded by Jefferies Financial Group to Hold Rating

Invitation Home (NYSE:INVH) was upgraded by equities researchers at Jefferies Financial Group to a “hold” rating in a research report issued on Friday,Zacks.com reports.

Other equities analysts have also recently issued research reports about the stock. Raymond James Financial raised shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a research report on Monday, May 18th. Royal Bank Of Canada upped their price objective on Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. Mizuho increased their target price on Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a report on Wednesday, June 17th. Compass Point began coverage on Invitation Home in a research report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 target price for the company. Finally, Weiss Ratings upgraded Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 1st. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $32.11.

Invitation Home Trading Up 1.6%

INVH opened at $30.38 on Friday. Invitation Home has a 12-month low of $24.25 and a 12-month high of $33.21. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. The stock has a market capitalization of $18.05 billion, a PE ratio of 31.98, a P/E/G ratio of 3.51 and a beta of 0.85. The firm’s fifty day moving average price is $28.71 and its 200 day moving average price is $27.18.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.08. The company had revenue of $579.00 million during the quarter, compared to analyst estimates of $689.91 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period last year, the business earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, research analysts expect that Invitation Home will post 1.89 EPS for the current fiscal year.

Hedge Funds Weigh In On Invitation Home

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cromwell Holdings LLC grew its holdings in Invitation Home by 2,463.5% in the 4th 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 increased its position in Invitation Home by 136,000.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after acquiring an additional 1,360 shares during the period. Prosperity Bancshares Inc bought a new stake in Invitation Home during the 4th quarter valued at $42,000. AdvisorNet Financial Inc raised its stake in Invitation Home by 7,687.5% during the 1st quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock valued at $46,000 after acquiring an additional 1,845 shares in the last quarter. Finally, Essential Partners LLC boosted its position in Invitation Home by 353.7% during the 1st quarter. Essential Partners LLC now owns 1,883 shares of the company’s stock worth $47,000 after acquiring an additional 1,468 shares during the period. 96.79% of the stock is currently owned by institutional investors and hedge funds.

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.