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Invitation Homes Inc (INVH)
NYSE:INVH
Invitation Homes (INVH) Stock Price & Analysis
509 Followers
INVH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$27.58 - $36.52
Previous Close$35.92
Volume2.95M
Average Volume (3M)3.14M
Market Cap
$22.00B
Enterprise Value$29.84B
Total Cash (Recent Filing)$738.13M
Total Debt (Recent Filing)$8.54B
Price to Earnings (P/E)65.5
Beta1.08
Next Earnings
Jul 24, 2024EPS Estimate
$0.19Last Dividend Ex-Date
Jun 27, 2024Dividend Yield3.79%
Share Statistics
EPS (TTM)0.55
Shares Outstanding612,535,649
10 Day Avg. Volume3,775,767
30 Day Avg. Volume3,140,219
Standard Deviation0.07
R-Squared0.56
Alpha-0.00255
Financial Highlights & Ratios
Price to Book (P/B)2.19
Price to Sales (P/S)34.75
Price to Cash Flow (P/CF)62.00
P/FCF Ratio45.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.99
Enterprise Value/Gross Profit20.50
Enterprise Value/Ebitda18.86
Forecast
1Y Price Target
$37.78Price Target Upside5.18% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Invitation Homes News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company's price target represents a potential capital appreciation of 17.4% and a current yield of 3.3% for a total return of 20.7%.
Market DemandThe demand profile for single-family rentals is strong given the unaffordability of homeownership, allowing the company to drive 4%+ same-store NOI growth.
Strategic ExpansionManagement’s expansion into the third-party management business effectively increases the size of the company's property management vehicle by approximately 50%.
Bears Say
ExpensesExpenses continued to be a drag in the quarter increasing 7.4% on a same store basis, above the high end of the FY guidance range.
Lease RatesBlended leased rates were a bit softer than expected with a flatter ramp in new lease rates.
Political RiskMonitoring anti-institutional SFR political rhetoric into an election year, particularly on external growth, which could represent a longer-term risk.
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Ownership Overview
5.48% Insiders
29.95% Mutual Funds
28.73% Other Institutional Investors
35.85% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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INVH FAQ
What was Invitation Homes Inc’s price range in the past 12 months?
Invitation Homes Inc lowest stock price was $27.57 and its highest was $36.52 in the past 12 months.
What is Invitation Homes Inc’s market cap?
Currently, no data Available
When is Invitation Homes Inc’s upcoming earnings report date?
Invitation Homes Inc’s upcoming earnings report date is Jul 24, 2024 which is in 3 days.
How were Invitation Homes Inc’s earnings last quarter?
Invitation Homes Inc released its earnings results on Apr 30, 2024. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.178 by $0.052.
Is Invitation Homes Inc overvalued?
According to Wall Street analysts Invitation Homes Inc’s price is currently Undervalued.
Does Invitation Homes Inc pay dividends?
Invitation Homes Inc pays a Notavailable dividend of $0.28 which represents an annual dividend yield of 3.79%. See more information on Invitation Homes Inc dividends here
What is Invitation Homes Inc’s EPS estimate?
Invitation Homes Inc’s EPS estimate is $0.19.
How many shares outstanding does Invitation Homes Inc have?
Invitation Homes Inc has 612,535,640 shares outstanding.
What happened to Invitation Homes Inc’s price movement after its last earnings report?
Invitation Homes Inc reported an EPS of $0.23 in its last earnings report, beating expectations of $0.178. Following the earnings report the stock price went down -0.354%.
Which hedge fund is a major shareholder of Invitation Homes Inc?
Among the largest hedge funds holding Invitation Homes Inc’s share is D1 Capital Partners LP. It holds Invitation Homes Inc’s shares valued at 224M.
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Invitation Homes Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$37.78 (5.18% Upside)
$37.78 (5.18% Upside)
Blogger Sentiment
Bullish
INVH Sentiment 86%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 2.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 5.4%
Last 30 Days ▲ 5.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.92%
12-Months-Change
Fundamentals
Return on Equity
5.31%
Trailing 12-Months
Asset Growth
3.82%
Trailing 12-Months
Company Description
Invitation Homes Inc
Invitation Homes, Inc. engages in the acquisition, renovation, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments. Its services include property management, selection of homes, maintenance program, and online payment. The company was founded by Marcus Ridgway, Dallas Tanner, and Brad Greiwe in 2012 and is headquartered in Dallas, TX.
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INVH Company Deck
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INVH Earnings Call
Q1 2024
0:00 / 0:00
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INVH Revenue Breakdown
99.44% Rental revenues and other property income
0.56% Management fee revenues
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INVH Stock 12 Month Forecast
Average Price Target
$37.78
▲(5.18% Upside)
Technical Analysis
Best Analysts Covering INVH
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+5.47%
reiterated a buy rating 4 months ago
Copying Adam Kramer's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +5.47% per trade.
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