Scotiabank Lowers Price Target on Invitation Homes: Analysts Forecast 18% Upside

Scotiabank analyst Nicholas Yulico maintains a "Sector Performer" rating for Invitation Homes (INVH) and lowers the price target from $38.00 to $36.00 USD, a 5.26% decrease. The company owns over 85,000 single-family rental homes, with a portfolio spread across 17 target markets. The average target price for INVH is $36.43, indicating an 18.07% upside from the current price of $30.85.

Scotiabank analyst Nicholas Yulico has maintained a "Sector Performer" rating for Invitation Homes (INVH) but has lowered the price target from $38.00 to $36.00 USD, representing a 5.26% decrease. The company, which owns over 85,000 single-family rental homes spread across 17 target markets, has seen a significant shift in analyst sentiment. The average target price for INVH is now $36.43, indicating an 18.07% upside from the current price of $30.85 [1].

Invitation Homes, an S&P 500 company, specializes in providing high-quality, updated single-family homes with valued features such as close proximity to jobs and access to good schools. The company's mission, "Together with you, we make a house a home," reflects its commitment to enhancing residents' living experiences through high-touch service [2].

The recent adjustment by Scotiabank follows a series of analyst upgrades and downgrades. For instance, Goldman Sachs Group lifted their price target on shares of Invitation Home from $39.00 to $43.00 and gave the company a "buy" rating [1]. However, Citigroup raised shares of Invitation Home from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $35.00 to $38.50 [1]. Despite these mixed signals, institutional investors remain optimistic about the company's growth prospects, with major players like Epoch Investment Partners Inc. and Price T Rowe Associates Inc. maintaining or increasing their stakes [1].

Invitation Homes recently reported robust financial results for the fiscal Q2 2025, with total revenues rising by 4.6% year-over-year to $1.0 billion. Net income attributable to common stockholders increased by 16.7% year-over-year to $865.1 million, while AFFO (Adjusted Funds from Operations) attributable to common stockholders grew by 6.4% year-over-year to $630.2 million [1].

The company has also declared a quarterly dividend of $0.4325 per share, resulting in a dividend yield of 5.2%. The recent positive updates from Scotiabank and other major financial institutions suggest that Invitation Homes remains a favored investment among analysts [1].

Investors should always conduct their own due diligence and consider their risk tolerance before making any investment decisions. The company's recent performance and the positive analyst ratings suggest that Invitation Homes is well-positioned to continue its growth trajectory.

References:
[1] https://www.ainvest.com/news/scotiabank-raises-vici-properties-price-target-36-00-analysts-maintain-sector-outperform-rating-2508/
[2] https://www.marketbeat.com/instant-alerts/filing-epoch-investment-partners-inc-sells-172390-shares-of-vici-properties-inc-vici-2025-08-26/