Invitation Homes Inc. [NYSE: INVH] gained 1.43% on the last trading session, reaching $36.22 price per share at the time. The company report on July 6, 2022 that Invitation Homes Announces Dates for Second Quarter 2022 Earnings Release and Conference Call.
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Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”) today announced that it will release its second quarter 2022 financial and operating results on Wednesday, July 27, 2022, after the market closes. The Company will host a conference call on Thursday, July 28, 2022, at 11:00 a.m. Eastern Time to review second quarter results, discuss recent events, and conduct a question-and-answer session.
The conference call will be available via webcast on the Invitation Homes Investor Relations website at www.invh.com.
Invitation Homes Inc. represents 606.41 million in outstanding shares, while the company has a total market value of $21.65 billion with the latest information. INVH stock price has been found in the range of $35.52 to $36.22.
If compared to the average trading volume of 3.80M shares, INVH reached a trading volume of 2526410 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Invitation Homes Inc. [INVH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for INVH shares is $44.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on INVH stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Oppenheimer have made an estimate for Invitation Homes Inc. shares, keeping their opinion on the stock as Perform, with their previous recommendation back on July 19, 2022. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on April 20, 2022, representing the official price target for Invitation Homes Inc. stock. Previously, the target price had yet another raise to $45, while BMO Capital Markets analysts kept a Market Perform rating on INVH stock. On April 06, 2022, analysts increased their price target for INVH shares from 44 to 46.
The Average True Range (ATR) for Invitation Homes Inc. is set at 0.92, with the Price to Sales ratio for INVH stock in the period of the last 12 months amounting to 10.54. The Price to Book ratio for the last quarter was 2.16, with the Price to Cash per share for the same quarter was set at 0.78. Price to Free Cash Flow for INVH in the course of the last twelve months was 71.71.
Trading performance analysis for INVH stock
Invitation Homes Inc. [INVH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.25. With this latest performance, INVH shares gained by 6.44% in over the last four-week period, additionally sinking by -15.47% over the last 6 months – not to mention a drop of -9.27% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for INVH stock in for the last two-week period is set at 53.37, with the RSI for the last a single of trading hit 58.12, and the three-weeks RSI is set at 50.30 for Invitation Homes Inc. [INVH]. The present Moving Average for the last 50 days of trading for this stock 36.09, while it was recorded at 35.80 for the last single week of trading, and 39.86 for the last 200 days.
Invitation Homes Inc. [INVH]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Invitation Homes Inc. [INVH] shares currently have an operating margin of +21.13 and a Gross Margin at +26.16. Invitation Homes Inc.’s Net Margin is presently recorded at +13.45.
Return on Equity for this stock inclined to 2.72, with Return on Assets sitting at 1.38.
Invitation Homes Inc. [INVH]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for INVH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Invitation Homes Inc. go to 17.14%.
An analysis of insider ownership at Invitation Homes Inc. [INVH]
There are presently around $21,666 million, in the hands of institutional investors. The top three institutional holders of INVH stocks are: VANGUARD GROUP INC with ownership of 86,649,432, which is approximately 3.32% of the company’s market cap and around 0.30% of the total institutional ownership; COHEN & STEERS, INC., holding 74,757,155 shares of the stock with an approximate value of $2.67 billion in INVH stocks shares; and BLACKROCK INC., currently with $1.77 billion in INVH stock with ownership of nearly -2.665% of the company’s market capitalization.
Positions in Invitation Homes Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 250 institutional holders increased their position in Invitation Homes Inc. [NYSE:INVH] by around 78,598,322 shares. Additionally, 236 investors decreased positions by around 48,878,183 shares, while 56 investors held positions by with 479,254,175 shares. The mentioned changes placed institutional holdings at 606,730,680 shares, according to the latest SEC report filing. INVH stock had 71 new institutional investments in for a total of 3,710,748 shares, while 56 institutional investors sold positions of 10,244,356 shares during the same period.