Analysts' ratings for Invitation Homes INVH over the last quarter vary from bullish to bearish, as provided by 10 analysts.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 3 | 6 | 0 | 0 |
| Last 30D | 0 | 2 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 3 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $37.8, with a high estimate of $41.00 and a low estimate of $36.00. This current average reflects an increase of 1.89% from the previous average price target of $37.10.
Exploring Analyst Ratings: An In-Depth Overview
An in-depth analysis of recent analyst actions unveils how financial experts perceive Invitation Homes. The following summary 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 |
|---|---|---|---|---|---|
| Steve Sakwa | Evercore ISI Group | Maintains | Outperform | $37.00 | $37.00 |
| Brad Heffern | RBC Capital | Lowers | Outperform | $37.00 | $39.00 |
| Derek Johnston | Deutsche Bank | Raises | Buy | $41.00 | $35.00 |
| Steve Sakwa | Evercore ISI Group | Raises | In-Line | $37.00 | $36.00 |
| 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 |
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: Analyzing trends, analysts offer qualitative evaluations, ranging 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.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Invitation Homes's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Invitation Homes analyst ratings.
Get to Know Invitation Homes Better
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.
Invitation Homes: Delving into Financials
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Invitation Homes's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 1.15%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Invitation Homes's net margin excels beyond industry benchmarks, reaching 11.17%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Invitation Homes's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.72%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Invitation Homes's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.38%, the company showcases efficient use of assets and strong financial health.
Debt Management: Invitation Homes's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.85.
How Are Analyst Ratings Determined?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
