Invitation Homes Inc. [INVH] is 9.65% higher this YTD. Is it still time to buy?

Invitation Homes Inc. [NYSE: INVH] jumped around 0.7 points on Tuesday, while shares priced at $32.50 at the close of the session, up 2.20%. The company report on January 30, 2023 that Invitation Homes Announces CFO Succession.

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Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”) today announced Ernie Freedman will step down as Executive Vice President, Chief Financial Officer and Treasurer, as of June 1, 2023, and concurrently announced the planned succession appointment of Jonathan Olsen, current Executive Vice President, Corporate Strategy & Finance, as the Company’s new Executive Vice President, Chief Financial Officer and Treasurer. To provide for a smooth transition, Freedman will enter into a consulting arrangement with the Company to provide advisory services through March 31, 2024.

This press release features multimedia. View the full release here:

Invitation Homes Inc. stock is now 9.65% up from its year-to-date (YTD) trading value. INVH Stock saw the intraday high of $32.69 and lowest of $31.55 per share. The company’s 52-week high price is 44.36, which means current price is +13.96% above from all time high which was touched on 01/27/23.

Compared to the average trading volume of 3.64M shares, INVH reached a trading volume of 5166272 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say 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 $34.86 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.

Scotiabank have made an estimate for Invitation Homes Inc. shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on January 17, 2023. The new note on the price target was released on January 09, 2023, representing the official price target for Invitation Homes Inc. stock. Previously, the target price had yet another drop from $44 to $34, while Deutsche Bank kept a Hold rating on INVH stock. On January 03, 2023, analysts decreased their price target for INVH shares from 38 to 31.

The Average True Range (ATR) for Invitation Homes Inc. is set at 0.80, with the Price to Sales ratio for INVH stock in the period of the last 12 months amounting to 9.00. The Price to Book ratio for the last quarter was 1.92, with the Price to Cash per share for the same quarter was set at 0.50. Price to Free Cash Flow for INVH in the course of the last twelve months was 60.20.

How has INVH stock performed recently?

Invitation Homes Inc. [INVH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.85. With this latest performance, INVH shares gained by 8.23% in over the last four-week period, additionally sinking by -15.61% over the last 6 months – not to mention a drop of -21.86% 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 60.67, with the RSI for the last a single of trading hit 64.34, and the three-weeks RSI is set at 57.20 for Invitation Homes Inc. [INVH]. The present Moving Average for the last 50 days of trading for this stock 31.04, while it was recorded at 32.21 for the last single week of trading, and 34.92 for the last 200 days.

Invitation Homes Inc. [INVH]: Deeper insight into the fundamentals

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.

Earnings analysis for Invitation Homes Inc. [INVH]

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 16.62%.

Insider trade positions for Invitation Homes Inc. [INVH]

There are presently around $19,716 million, in the hands of institutional investors. The top three institutional holders of INVH stocks are: VANGUARD GROUP INC with ownership of 98,213,645, which is approximately 12.69% of the company’s market cap and around 0.22% of the total institutional ownership; COHEN & STEERS, INC., holding 79,065,439 shares of the stock with an approximate value of $2.57 billion in INVH stocks shares; and BLACKROCK INC., currently with $1.91 billion in INVH stock with ownership of nearly 18.119% of the company’s market capitalization.

Positions in Invitation Homes Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 256 institutional holders increased their position in Invitation Homes Inc. [NYSE:INVH] by around 57,452,994 shares. Additionally, 228 investors decreased positions by around 36,509,529 shares, while 57 investors held positions by with 512,669,127 shares. The mentioned changes placed institutional holdings at 606,631,650 shares, according to the latest SEC report filing. INVH stock had 69 new institutional investments in for a total of 3,527,820 shares, while 66 institutional investors sold positions of 6,224,062 shares during the same period.


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