Invitation Homes (INVH) to Release Earnings on Wednesday

Invitation Homes (NYSE:INVH - Get Free Report) is expected to post its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Invitation Homes to post earnings of $0.47 per share and revenue of $658.71 million for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Invitation Homes Stock Performance

Shares of NYSE:INVH traded down $0.35 during trading on Friday, hitting $31.90. 3,260,581 shares of the stock were exchanged, compared to its average volume of 2,247,979. Invitation Homes has a 1-year low of $30.13 and a 1-year high of $37.80. The company has a market capitalization of $19.54 billion, a price-to-earnings ratio of 44.92, a price-to-earnings-growth ratio of 4.70 and a beta of 1.04. The company's fifty day simple moving average is $31.48 and its 200-day simple moving average is $33.53. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24.

Invitation Homes Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, December 26th were given a dividend of $0.29 per share. This is a positive change from Invitation Homes's previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a dividend yield of 3.64%. The ex-dividend date was Thursday, December 26th. Invitation Homes's payout ratio is 163.38%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on INVH. Keefe, Bruyette & Woods cut their price target on shares of Invitation Homes from $37.00 to $35.00 and set a "market perform" rating for the company in a research note on Wednesday, November 6th. JMP Securities restated a "market outperform" rating and issued a $40.00 target price on shares of Invitation Homes in a research note on Thursday, December 12th. Royal Bank of Canada cut their price target on shares of Invitation Homes from $36.00 to $34.00 and set a "sector perform" rating for the company in a report on Friday, November 1st. Barclays dropped their price target on Invitation Homes from $38.00 to $36.00 and set an "overweight" rating for the company in a report on Friday, January 24th. Finally, Jefferies Financial Group cut Invitation Homes from a "buy" rating to a "hold" rating and decreased their target price for the stock from $39.00 to $33.00 in a report on Thursday, January 2nd. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Invitation Homes currently has a consensus rating of "Hold" and an average price target of $37.47.

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.