Invitation Homes Inc (NYSE: INVH) is -1.28% lower on its value in year-to-date trading and has touched a low of $30.13 and a high of $37.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INVH stock was last observed hovering at around $31.67 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $31.56, the stock is 1.47% and -1.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.22 million and changing -0.35% at the moment leaves the stock -7.70% off its SMA200. INVH registered -3.46% loss for a year compared to 6-month loss of -11.57%. The firm has a 50-day simple moving average (SMA 50) of $32.0002 and a 200-day simple moving average (SMA200) of $34.20695.
The stock witnessed a 4.23% gain in the last 1 month and extending the period to 3 months gives it a -5.23%, and is 0.83% 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 1.22% over the week and 1.84% over the month.
Invitation Homes Inc (INVH) has around 1555 employees, a market worth around $19.33B and $2.61B in sales. Current P/E ratio is 77.79 and Fwd P/E is 43.18. Profit margin for the company is 10.01%. Distance from 52-week low is 4.75% and -16.51% 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 -18.92% this year.
Invitation Homes Inc (INVH) Top Institutional Holders
816.0 institutions hold shares in Invitation Homes Inc (INVH), with institutional investors hold 101.74% of the company’s shares. The shares outstanding are 612.61M, and float is at 610.18M with Short Float at 1.86%. Institutions hold 101.39% 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
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Still, SEC filings show that on May 24 ’24, Barbe, Cohen Jana (Director) disposed off 7,200 shares at an average price of $34.58 for $0.25 million. The insider now directly holds 28,068 shares of Invitation Homes Inc (INVH).
