Invitation Homes Inc (NYSE: INVH): Think Like A Lender, Not An Investor

Invitation Homes Inc (NYSE:INVH) currently has a daily average trading volume of 3.76M but it saw 2343442 shares traded in last market. With a market cap of 21.26B USD, the company’s current market price of $34.71 came rising about 2.03 while comparing to the previous closing price of $34.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.80 and as low as $28.49. In the recent trading on the day, stock has struck highest price mark of $34.125 while lowest mark touched by it was $34.87.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which downgraded the stock as “Neutral” in its note to investors issued on September 24, 2024, recommending a price target of $37 for it. RBC Capital Mkts downgraded its recommendation for the stock as a “Sector Perform” from “Outperform” on September 09, 2024 while assigning a price target range of $37-$36. Goldman issued its recommendations for the stock as it initiated the price target for the stock is $46.

Over the week, INVH’s stock price is moving 1.37% up while it is -2.36% when we observe its performance for the past one month. Year-to-date it is 1.76% up and over the past year, the stock is showing an upside performance of 13.43%.

Currently, Invitation Homes Inc’s total number of outstanding shares is 611.96M. Company’s return on investment (ROI) stands at 1.48% and return on equity (ROE) at 4.70%. It has a price to earnings ratio (P/E ratio) of 77.37 while having a 44.52 of forward P/E ratio. Stock’s beta reads 1.00. Stock has a price to book (P/B) ratio of 2.12 while price to sale or P/S ratio amounts to 8.14. Its return on asset (ROA) is 2.52% on average.