Invitation Homes Inc (NYSE: INVH) is 7.51% higher 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 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 $34.01 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $34.37, the stock is 7.40% and 8.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.27 million and changing 1.06% at the moment leaves the stock 0.96% off its SMA200. INVH registered 2.14% gain for a year compared to 6-month loss of -5.71%.
The stock witnessed a 10.91% gain in the last 1 month and extending the period to 3 months gives it a 0.61%, and is 8.15% 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 3.70% over the week and 2.17% over the month.
Invitation Homes Inc (INVH) has around 1750 employees, a market worth around $21.06B and $2.69B in sales. Current P/E ratio is 101.12 and Fwd P/E is 44.22. Profit margin for the company is 8.18%. Distance from 52-week low is 14.07% and -9.07% from its 52-week high. The company has generated returns on investments over the last 12 months (1.23%).
with sales reaching $664.55M over the same period.The EPS is expected to shrink by -4.86% this year, but quarterly earnings will post 3.58% year-over-year. Quarterly sales are estimated to grow 2.87% in year-over-year returns.
Invitation Homes Inc (INVH) Top Institutional Holders
The shares outstanding are 612.61M, and float is at 610.33M with Short Float at 2.03%.
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 10.2916 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
A total of 0 insider transactions have happened at Invitation Homes Inc (INVH) in the last six months, with sales accounting for 0 and purchases happening 0 times.
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).
Invitation Homes Inc (INVH): Who are the competitors?
The company’s main competitors (and peers) include Reading International Inc. Cl B (RDIB) that is trading -58.56% down over the past 12 months. Invitation Homes Inc. (INVH) that is -2.94% lower over the same period.
