During the last three months, 9 analysts shared their evaluations of Invitation Homes (NYSE:INVH), revealing diverse outlooks from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 2 | 7 | 0 | 0 |
| Last 30D | 0 | 0 | 2 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 1 | 2 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $37.89, a high estimate of $40.00, and a low estimate of $36.00. Surpassing the previous average price target of $37.00, the current average has increased by 2.41%.
Diving into Analyst Ratings: An In-Depth Exploration
A clear picture of Invitation Homes's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jade Rahmani | Keefe, Bruyette & Woods | Maintains | Market Perform | $38.00 | $38.00 |
| Anthony Paolone | JP Morgan | Raises | Neutral | $36.00 | $35.00 |
| Haendel St. Juste | Mizuho | Lowers | Neutral | $36.00 | $37.00 |
| Anthony Powell | Barclays | Lowers | Overweight | $40.00 | $41.00 |
| Nicholas Yulico | Scotiabank | Raises | Sector Perform | $38.00 | $36.00 |
| Jade Rahmani | Keefe, Bruyette & Woods | Raises | Market Perform | $38.00 | $37.00 |
| Buck Horne | Raymond James | Raises | Outperform | $39.00 | $37.00 |
| Nicholas Joseph | Citigroup | Announces | Neutral | $39.00 | - |
| Haendel St. Juste | Mizuho | Raises | Neutral | $37.00 | $35.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Invitation Homes. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Invitation Homes compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Invitation Homes's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of Invitation Homes's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Invitation Homes analyst ratings.
Delving into Invitation Homes's Background
Invitation Homes owns a portfolio of over 84,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $350,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with almost 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.
Understanding the Numbers: Invitation Homes's Finances
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Invitation Homes displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 9.52%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: Invitation Homes's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 22.0% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Invitation Homes's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.4%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Invitation Homes's ROA excels beyond industry benchmarks, reaching 0.74%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.84, Invitation Homes adopts a prudent financial strategy, indicating a balanced approach to debt management.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.