Citi analyst Eric Wolfe maintained a Buy rating on Invitation Homes with a price target of $36.50, citing strong quarterly revenue and net profit of $681.4 million and $140.89 million, respectively. Wolfe has a 2-star analyst rating with a 5.7% average return and 60% success rate. The analyst consensus is Moderate Buy with a price target consensus of $35.73, representing a 16.84% upside.
Invitation Homes (NYSE: INVH) has been the focus of several analyst reports, with a consensus rating of "Moderate Buy" and a price target consensus of $35.73, indicating a 16.84% upside. Despite JPMorgan Chase & Co. reducing its stake in the company by 36.2%, analysts remain optimistic about Invitation Homes' prospects.
Citi analyst Eric Wolfe maintained a Buy rating on Invitation Homes with a price target of $36.50, citing strong quarterly revenue and net profit of $681.4 million and $140.89 million, respectively. Wolfe has a 2-star analyst rating with a 5.7% average return and 60% success rate [1].
JPMorgan Chase & Co. trimmed its position in Invitation Homes by 36.2% in the first quarter, selling nearly 4 million shares and owning 1.14% of the company worth approximately $243 million as of the latest report [2].
Other institutional investors have also adjusted their stakes in Invitation Homes. Toronto Dominion Bank increased its holdings by 6.6%, while LPL Financial LLC raised its stake by 78.7%, and Larson Financial Group LLC grew its stake by 1,313.8% [2].
Invitation Homes recently announced a quarterly dividend of $0.29 per share with a current payout ratio of 131.82%, reflecting the company's focus on returning value to shareholders. The company's stock has been trading up 1.0% on Friday, reaching $30.56, with a trading volume of 4,870,940 shares [2].
The company's strong financial performance and the positive analyst sentiment suggest that Invitation Homes is well-positioned for further growth. However, investors should consider the company's high dividend payout ratio and the recent reduction in JPMorgan's stake when making investment decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-jpmorgan-chase-co-decreases-position-in-invitation-home-nyseinvh-2025-08-14/
[2] https://www.marketbeat.com/instant-alerts/filing-invitation-home-nyseinvh-shares-purchased-by-lpl-financial-llc-2025-08-14/
Comments
No comments yet