Deutsche Bank initiated coverage of Invitation Homes with a rating of Hold and set a new price target of $35.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/24/2024 | $37.00 | Buy → Neutral | BofA Securities |
| 9/9/2024 | $37.00 → $36.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 9/4/2024 | $46.00 | Buy | Goldman |
| 8/26/2024 | $37.00 → $38.00 | Overweight → Equal Weight | Wells Fargo |
| 7/26/2024 | $37.00 | In-line → Outperform | Evercore ISI |
| 7/24/2024 | $35.00 → $41.00 | Hold → Buy | Deutsche Bank |
| 3/22/2024 | $39.00 | Buy → Neutral | Citigroup |
| 3/18/2024 | $36.00 | Outperform → In-line | Evercore ISI |
Invitation Homes (NYSE:INVH) reported quarterly earnings of $0.47 per share which met the analyst consensus estimate. This is a 6.82 percent increase over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $653.45 million which missed the analyst consensus estimate of $654.70 million by 0.19 percent. This is a 8.84 percent increase over sales of $600.37 million the same period last year.
Deutsche Bank analyst Derek Johnston upgrades Invitation Homes (NYSE:INVH) from Hold to Buy and raises the price target from $35 to $41.
Invitation Homes will manage the 4,400 homes in the portfolio that are within its core markets and invest in the joint venture Invitation Homes Inc. (NYSE:INVH), the nation's premier single-family home leasing and management company, announced today that it has entered into a joint venture with Quarterra Group Inc., a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN), Centerbridge Partners, L.P., and other high quality institutional investors. As part of their agreement, Invitation Homes has acquired a minority equity interest in a portfolio of single-family homes for lease that are part of the Upward America joint venture. Upward America has selected Invitation Homes to provide ma
SmartRent, Inc. (NYSE:SMRT), the leading provider of smart home and property operations solutions for the rental housing industry, today announced the appointment of Daryl Stemm as its Chief Financial Officer. Mr. Stemm, who has served as the Company's senior vice president of finance since 2021, brings four decades of experience in finance, accounting, treasury and risk management to the role. Prior to joining SmartRent, he held senior finance positions with Best Western Hotels and Invitation Homes (NYSE:INVH), and served as CFO at Home Director, Inc., and Catalyst Semiconductor, Inc. In his career, he has completed four IPOs and more than 10 mergers and acquisitions. He holds a Bachelor
RICHMOND, Va., April 28, 2023 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, today announced that Elizabeth A. Galloway will join the company as executive vice president and chief human resources officer, effective May 15. Galloway, who brings two decades of experience in the development of human capital strategy, will join the executive leadership team and report to president and chief executive officer Mark Eubanks. "Elizabeth has a proven track record of planning and executing organizational transformation. She also brings a wealth of global leadership experience, as we
4 - Invitation Homes Inc. (0001687229) (Issuer)
3 - Invitation Homes Inc. (0001687229) (Issuer)
4 - Invitation Homes Inc. (0001687229) (Issuer)
BofA Securities downgraded Invitation Homes from Buy to Neutral and set a new price target of $37.00
RBC Capital Mkts downgraded Invitation Homes from Outperform to Sector Perform and set a new price target of $36.00 from $37.00 previously
Goldman initiated coverage of Invitation Homes with a rating of Buy and set a new price target of $46.00
8-K - Invitation Homes Inc. (0001687229) (Filer)
10-Q - Invitation Homes Inc. (0001687229) (Filer)
8-K - Invitation Homes Inc. (0001687229) (Filer)
Invitation Homes Inc. (NYSE:INVH) ("Invitation Homes" or the "Company"), the nation's premier single-family home leasing and management company, will release its third quarter 2024 financial and operating results on Wednesday, October 30, 2024, after the market closes. The Company will host a conference call that will be webcast live on Thursday, October 31, 2024, at 2:00 p.m. Eastern Time to review third quarter results, discuss recent events, and conduct a question-and-answer session. A link to the live webcast and related information will be available online from the Company's investor relations website at www.invh.com. Following the conclusion of the earnings call, the Company will post
Invitation Homes Inc. (NYSE:INVH) ("Invitation Homes" or the "Company"), the nation's premier single-family home leasing and management company, announced today that it has declared a quarterly cash dividend of $0.28 per share payable on shares of its common stock. The dividend will be paid on or before October 18, 2024, to stockholders of record of the Company's common stock as of the close of business on September 26, 2024. About Invitation Homes 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
Invitation Homes Inc. (NYSE:INVH) ("Invitation Homes" or the "Company"), the nation's premier single-family home leasing and management company, today announced its Second Quarter 2024 financial and operating results. Second Quarter 2024 Highlights Year over year, total revenues increased 8.8% to $653 million, property operating and maintenance costs increased 9.5% to $234 million, net income available to common stockholders decreased 47.0% to $73 million, inclusive of a $59.5 million accrual for certain legal matters, and net income per diluted common share decreased 47.0% to $0.12. Year over year, Core FFO per share increased 7.3% to $0.47 and AFFO per share increased 4.1% to $0.4
Invitation Homes Inc. (NYSE:INVH) ("Invitation Homes" or the "Company"), the nation's premier single-family home leasing and management company, announced today that it has entered into an agreement to form a new joint venture partnership (the "JV") with a leading global real estate investment partner. The JV will leverage the Company's strong homebuilder partnerships, management expertise, and unmatched scale to invest in newly-constructed homes and communities in several high-growth markets. "We believe our partnership approach to investing in new homes with builders is an optimal strategy for Invitation Homes to maximize risk-adjusted returns while also helping to bring high-quality ne
Invitation Homes Inc. (NYSE:INVH) ("Invitation Homes" or the "Company"), the nation's premier home leasing and management company, today issued its annual sustainability report, Bringing Sustainability Home, which addresses the Company's 2023 sustainability initiatives and achievements. "This report is a testament to our unwavering commitment to driving long-term value for all our stakeholders," said Chief Executive Officer Dallas Tanner. "At Invitation Homes, sustainability is central to our operations and our growth plans. By building on our strong foundation of corporate responsibility, we are taking actionable steps that benefit our stakeholders, enhance our business resilience and po
Earliest Debt Maturity Now in 2027; 90 Percent of Wholly-Owned Homes Now Unencumbered Invitation Homes Inc. (NYSE:INVH) ("Invitation Homes" or the "Company") announced today that it has voluntarily prepaid without penalty the outstanding balance of its IH 2018-4 securitization, as planned. As of September 30, 2024, the IH 2018-4 securitization had an outstanding principal balance of approximately $630.2 million, inclusive of approximately $31.6 million of retained certificates held by Invitation Homes to comply with risk retention rules. The Company prepaid the IH 2018-4 securitization using unrestricted cash from its August 2023 bond issuance for the purpose of debt prepayment, consisten
SC 13G/A - Invitation Homes Inc. (0001687229) (Subject)
SC 13G/A - Invitation Homes Inc. (0001687229) (Subject)
SC 13G/A - Invitation Homes Inc. (0001687229) (Subject)