Invitation Homes Inc (NYSE: INVH) is -1.66% 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 $32.54 in the last trading session, with the day’s loss setting it -1.1%.
Currently trading at $31.44, the stock is -7.02% and -4.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.1 million and changing -3.38% at the moment leaves the stock -7.27% off its SMA200. INVH registered -8.60% loss for a year compared to 6-month gain of -7.94%. The firm has a 50-day simple moving average (SMA 50) of $32.829 and a 200-day simple moving average (SMA200) of $33.9042.
The stock witnessed a -8.04% loss in the last 1 month and extending the period to 3 months gives it a -1.53%, and is -9.78% down 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 3.48% over the week and 2.31% over the month.
Invitation Homes Inc (INVH) has around 1750 employees, a market worth around $19.27B and $2.69B in sales. Current P/E ratio is 92.50 and Fwd P/E is 39.53. Profit margin for the company is 8.18%. Distance from 52-week low is 4.35% and -16.83% from its 52-week high. The company has generated returns on investments over the last 12 months (1.23%).
The EPS is expected to grow by 0.79% this year.
Invitation Homes Inc (INVH) Top Institutional Holders
816.0 institutions hold shares in Invitation Homes Inc (INVH), with institutional investors hold 102.06% of the company’s shares. The shares outstanding are 612.61M, and float is at 610.05M with Short Float at 2.02%. Institutions hold 101.69% 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 10.2916 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 59.47 million shares representing 9.7072% and valued at over $2.13 billion, while NORGES BANK holds 6.465 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).
