In yesterday’s Wall Street session, Invitation Homes Inc (NYSE:INVH) shares traded at $31.72, up 0.35% from the previous session.
INVH stock price is now -5.23% away from the 50-day moving average and -8.71% away from the 200-day moving average. The market capitalization of the company currently stands at $19.43B.
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With the price target of $38, Barclays recently initiated with Overweight rating for Invitation Homes Inc (NYSE: INVH). On September 24, 2024, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $37, while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’
In other news, Eisen Scott G., Officer bought 11,000 shares of the company’s stock on Dec 10 ’24. The stock was bought for $369,675 at an average price of $33.61. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 26 ’24, Officer Solls Family Trust DTD 01-24-2 bought 16,100 shares of the business’s stock. A total of $543,245 was incurred on buying the stock at an average price of $33.74. A total of 0.36% of the company’s stock is owned by insiders.
During the past 12 months, Invitation Homes Inc has had a low of $31.01 and a high of $37.80. According to the stock market information, the enterprise value for the company is $27454021632, which is based on a 78.19 price-to-earnings ratio, a 17.31 price-to-earnings-growth ratio, and a beta of 1.04. The fifty day moving average price for INVH is $33.5002 and a two-hundred day moving average price translates $34.76105 for the stock.
The latest earnings results from Invitation Homes Inc (NYSE: INVH) was released for 2024-09-30. The net profit margin was 10.01% and return on equity was 4.48% for INVH. The company reported revenue of $660.32 million for the quarter, compared to $617.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.9 percent.
