Invitation Homes Inc (NYSE: INVH) is 0.12% higher on its value in year-to-date trading and has touched a low of $31.01 and a high of $37.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INVH stock was last observed hovering at around $33.79 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $34.15, the stock is 2.47% and -0.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing 1.07% at the moment leaves the stock -1.67% off its SMA200. INVH registered 1.82% gain for a year compared to 6-month loss of -3.61%. The firm has a 50-day simple moving average (SMA 50) of $34.323 and a 200-day simple moving average (SMA200) of $34.7234.
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The stock witnessed a 0.06% gain in the last 1 month and extending the period to 3 months gives it a -4.29%, and is 0.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.55% over the week and 2.05% over the month.
Invitation Homes Inc (INVH) has around 1555 employees, a market worth around $21.08B and $2.61B in sales. Current P/E ratio is 84.18 and Fwd P/E is 46.12. Profit margin for the company is 10.01%. Distance from 52-week low is 10.13% and -9.66% from its 52-week high. The company has generated returns on investments over the last 12 months (1.38%).
The EPS is expected to shrink by -21.70% this year.
Invitation Homes Inc (INVH) Top Institutional Holders
835.0 institutions hold shares in Invitation Homes Inc (INVH), with institutional investors hold 102.37% of the company’s shares. The shares outstanding are 611.96M, and float is at 610.33M with Short Float at 1.91%. Institutions hold 102.03% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 94.93 million shares valued at $3.41 billion. The investor’s holdings represent 15.5056% of the INVH Shares outstanding. As of 2024-06-30, the second largest holder is COHEN & STEERS, INC. with 63.05 million shares valued at $2.26 billion to account for 10.2985 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 59.47 million shares representing 9.7137% and valued at over $2.13 billion, while NORGES BANK holds 6.4694 of the shares totaling 39.61 million with a market value of $1.42 billion.
Invitation Homes Inc (INVH) Insider Activity
The most recent transaction is an insider sale by Barbe, Cohen Jana, the company’s Director. SEC filings show that Barbe, Cohen Jana sold 7,200 shares of the company’s common stock on May 24 ’24 at a price of $34.58 per share for a total of $0.25 million. Following the sale, the insider now owns 28068.0 shares.
Invitation Homes Inc disclosed in a document filed with the SEC on May 09 ’24 that Young Charles D. (President & COO) sold a total of 60,582 shares of the company’s common stock. The trade occurred on May 09 ’24 and was made at $34.75 per share for $2.11 million. Following the transaction, the insider now directly holds 0.21 million shares of the INVH stock.
Still, SEC filings show that on May 08 ’24, Young Charles D. (President & COO) disposed off 5,000 shares at an average price of $34.85 for $0.17 million. The insider now directly holds 275,296 shares of Invitation Homes Inc (INVH).
