Invitation Homes (INVH) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $33.88 to $34.63
• 50-Day Range: $34.15 to $37.28
• 52-Week Range: $28.49 to $37.80
• Volume: 3.81 million shs
• Average Volume: 3.35 million shs
• Market Capitalization: $21.16 billion
• P/E Ratio: 39.70
• Dividend Yield: 3.24%
• Price Target: $39.05
• Consensus Rating: Moderate Buy

Invitation Homes Stock Analysis - MarketRank™

Invitation Homes scored higher than 93% of companies evaluated by MarketBeat, and ranked 101st out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Invitation Homes has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 12 buy ratings, 8 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Invitation Homes has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 4.37%

Earnings Growth

Earnings for Invitation Homes are expected to grow by 4.37% in the coming year, from $1.83 to $1.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Invitation Homes is 39.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Invitation Homes is 39.70, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 38.24.

Price to Earnings Growth Ratio

Invitation Homes has a PEG Ratio of 4.56. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Invitation Homes has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.76% of the outstanding shares of Invitation Homes have been sold short.

Short Interest Ratio / Days to Cover

Invitation Homes has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Invitation Homes has recently increased by 4.06%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Invitation Homes pays a meaningful dividend of 3.23%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Invitation Homes does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Invitation Homes is 128.74%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Invitation Homes will have a dividend payout ratio of 58.64% next year. This indicates that Invitation Homes will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.4 / 5
• Environmental Score: -2.78

Percentage of Shares Shorted

1.76% of the outstanding shares of Invitation Homes have been sold short.

Short Interest Ratio / Days to Cover

Invitation Homes has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Invitation Homes has recently increased by 4.06%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.08

News Sentiment

Invitation Homes has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Invitation Homes this week, compared to 7 articles on an average week.

Search Interest

Only 3 people have searched for INVH on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Invitation Homes to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Invitation Homes insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.28% of the stock of Invitation Homes is held by insiders.

Percentage Held by Institutions

96.79% of the stock of Invitation Homes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

INVH Stock Analysis - Frequently Asked Questions

How have INVH shares performed this year?

Invitation Homes' stock was trading at $34.11 on January 1st, 2024. Since then, INVH shares have increased by 1.3% and is now trading at $34.54.
View the best growth stocks for 2024 here.

How were Invitation Homes' earnings last quarter?

Invitation Homes Inc. (NYSE:INVH) released its quarterly earnings results on Wednesday, July, 24th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.34. The business had revenue of $653.45 million for the quarter, compared to analysts' expectations of $654.70 million. Invitation Homes had a net margin of 18.75% and a trailing twelve-month return on equity of 4.68%.

When did Invitation Homes IPO?

Invitation Homes (INVH) raised $1.5 billion in an IPO on Wednesday, February 1st 2017. The company issued 77,000,000 shares at a price of $18.00-$21.00 per share. Deutsche Bank Securities, J.P. Morgan, BofA Merrill Lynch, Goldman Sachs, Wells Fargo Securities, Credit Suisse, Morgan Stanley and RBC Capital Market acted as the underwriters for the IPO and Blackstone Capital Markets, BTIG, Evercore ISI, FBR, JMP Securities, Keefe, Bruyette & Woods (A Stifel Company), Raymond James, Siebert Cisneros Shank and Zelman Partners were co-managers.

Who are Invitation Homes' major shareholders?

Invitation Homes' top institutional shareholders include Handelsbanken Fonder AB (0.06%), Czech National Bank (0.02%), Appleton Partners Inc. MA (0.01%) and SG Americas Securities LLC. Insiders that own company stock include Charles D Young, Jonathan S Olsen, Cohen Jana Barbe and Dallas B Tanner.
View institutional ownership trends.

How do I buy shares of Invitation Homes?

Shares of INVH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Invitation Homes own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Invitation Homes investors own include Alibaba Group (BABA), Intel (INTC), NVIDIA (NVDA), Procter & Gamble (PG), Cisco Systems (CSCO), Home Depot (HD) and Boeing (BA).

Company Calendar

• Ex-Dividend for 7/19 Dividend: 6/27/2024
• Dividend Payable: 7/19/2024
• Last Earnings: 7/24/2024
• Ex-Dividend for 10/18 Dividend: 9/26/2024
• Today: 10/06/2024
• Dividend Payable: 10/18/2024
• Next Earnings (Confirmed): 10/30/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate operators (except developers) & lessors
• Sub-Industry: Real Estate
• Current Symbol: NYSE:INVH
• CUSIP: N/A
• CIK: 1687229
• Web: www.invitationhomes.com
• Phone: (972) 421-3600
• Fax: N/A
• Employees: 1,555
• Year Founded: 2012

Price Target and Rating

• Average Stock Price Target: $39.05
• High Stock Price Target: $46.00
• Low Stock Price Target: $36.00
• Potential Upside/Downside: +13.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 20 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.87
• Trailing P/E Ratio: 39.70
• Forward P/E Ratio: 18.87
• P/E Growth: 4.56
• Net Income: $519.47 million
• Net Margins: 18.75%
• Pretax Margin: 10.92%
• Return on Equity: 4.68%
• Return on Assets: 2.47%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 0.20
• Quick Ratio: 0.20

Sales & Book Value

• Annual Sales: $2.54 billion
• Price / Sales: 8.32
• Cash Flow: $1.87 per share
• Price / Cash Flow: 18.43
• Book Value: $16.65 per share
• Price / Book: 2.07

Miscellaneous

• Outstanding Shares: 612,536,000
• Free Float: 610,821,000
• Market Cap: $21.16 billion
• Optionable: Optionable
• Beta: 1.01