Invitation Homes (NYSE:INVH) Announces Earnings Results, Meets Estimates

Invitation Homes (NYSE:INVH) released its earnings results on Wednesday. The company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47, Zacks reports. Invitation Homes had a net margin of 17.02% and a return on equity of 4.36%. Invitation Homes updated its FY 2025 guidance to 1.880-1.940 EPS.

Invitation Homes Price Performance

Shares of INVH stock traded down $0.53 during trading hours on Wednesday, hitting $31.57. The company had a trading volume of 2,840,718 shares, compared to its average volume of 2,761,200. Invitation Homes has a 12 month low of $30.13 and a 12 month high of $37.80. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24. The firm’s fifty day moving average is $31.45 and its 200 day moving average is $33.47. The firm has a market capitalization of $19.34 billion, a price-to-earnings ratio of 44.47, a PEG ratio of 4.70 and a beta of 1.04.

Invitation Homes Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 26th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 3.67%. The ex-dividend date was Thursday, December 26th. This is a positive change from Invitation Homes’s previous quarterly dividend of $0.28. Invitation Homes’s dividend payout ratio is 163.38%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on INVH. Royal Bank of Canada lowered their target price on Invitation Homes from $36.00 to $34.00 and set a “sector perform” rating on the stock in a report on Friday, November 1st. JMP Securities reaffirmed a “market outperform” rating and issued a $40.00 price objective on shares of Invitation Homes in a research note on Thursday, December 12th. Deutsche Bank Aktiengesellschaft cut Invitation Homes from a “buy” rating to a “hold” rating and dropped their price target for the company from $41.00 to $33.00 in a report on Tuesday, January 21st. Jefferies Financial Group lowered Invitation Homes from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $39.00 to $33.00 in a research note on Thursday, January 2nd. Finally, Barclays cut their target price on Invitation Homes from $38.00 to $36.00 and set an “overweight” rating on the stock in a research report on Friday, January 24th. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus 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.