INVH stock icon

Invitation Homes
INVH

$35.95
3.57%

Market Cap: $22B

 

About: Invitation Homes owns a portfolio of nearly 85,000 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 6,686 funds
0
Analysts bullish %
of 11 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

67% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 39

18% more repeat investments, than reductions

Existing positions increased: 216 | Existing positions reduced: 183

5% more funds holding

Funds holding: 499 [Q1] → 525 (+26) [Q2]

2.14% more ownership

Funds ownership: 95.9% [Q1] → 98.03% (+2.14%) [Q2]

3% more capital invested

Capital invested by funds: $20.9B [Q1] → $21.6B (+$681M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 15 [Q1] → 15 (+0) [Q2]

27% less call options, than puts

Call options by funds: $14.4M | Put options by funds: $19.7M

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$36
0%
upside
Avg. target
$39
8%
upside
High target
$46
28%
upside

11 analyst ratings

positive
55%
neutral
45%
negative
0%
Goldman Sachs
Julien Blouin
100% 1-year accuracy
4 / 4 met price target
28%upside
$46
Buy
Initiated
4 Sept 2024
Evercore ISI Group
Steve Sakwa
66% 1-year accuracy
31 / 47 met price target
6%upside
$38
Outperform
Maintained
28 Aug 2024
Wells Fargo
James Feldman
82% 1-year accuracy
14 / 17 met price target
6%upside
$38
Equal-Weight
Downgraded
26 Aug 2024
UBS
Michael Goldsmith
75% 1-year accuracy
6 / 8 met price target
17%upside
$42
Buy
Maintained
16 Aug 2024
Keefe, Bruyette & Woods
Jade Rahmani
70% 1-year accuracy
19 / 27 met price target
3%upside
$37
Market Perform
Maintained
30 Jul 2024

Financial journalist opinion

Based on 7 articles about INVH published over the past 30 days