INVH stock icon

Invitation Homes
INVH

$36.49
0.52%

Market Cap: 22.4B

 

About: 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.

Employees: 1,555

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 14 analysts
0
News positive %
of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

104% more call options, than puts

Call options by funds: $36.2M | Put options by funds: $17.7M

4% less capital invested

Capital invested by funds: $21.4B [Q4 2023] → $20.5B (-$873M) [Q1 2024]

9% less repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 197

2% less funds holding

Funds holding: 503 [Q4 2023] → 491 (-12) [Q1 2024]

6% less funds holding in top 10

Funds holding in top 10: 16 [Q4 2023] → 15 (-1) [Q1 2024]

8.18% less ownership

Funds ownership: 102.43% [Q4 2023] → 94.25% (-8.18%) [Q1 2024]

20% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 59

Research analyst outlook

14 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$36
1%
downside
Avg. target
$38
3%
upside
High target
$40
10%
upside

14 analyst ratings

positive
29%
10 neutral
71%
negative
0%
Evercore ISI Group
Steve Sakwa
1%upside
$37
In-Line
Maintained
9 Jul 2024
Keefe, Bruyette & Woods
Jade Rahmani
4%upside
$38
Market Perform
Maintained
17 Jun 2024
JP Morgan
Anthony Paolone
1%downside
$36
Neutral
Maintained
17 Jun 2024
Mizuho
Haendel St. Juste
1%downside
$36
Neutral
Maintained
3 Jun 2024
Barclays
Anthony Powell
10%upside
$40
Overweight
Maintained
29 May 2024

Financial journalist opinion

Based on 6 articles about INVH published over the past 30 days