Set Your Sights On Invitation Homes Inc (NYSE: INVH)’S Upside Potential

Invitation Homes Inc (INVH) concluded trading on Thursday at a closing price of $37.28, with 2.66 million shares of worth about $99.05 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.76% during that period and on September 05, 2024 the price saw a gain of about 0.16%. Currently the company’s common shares owned by public are about 611.96M shares, out of which, 610.25M shares are available for trading.

Stock saw a price change of 2.28% in past 5 days and over the past one month there was a price change of 4.75%. Year-to-date (YTD), INVH shares are showing a performance of 9.29% which increased to 10.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $28.49 but also hit the highest price of $37.80 during that period. The average intraday trading volume for Invitation Homes Inc shares is 3.37 million. The stock is currently trading 3.82% above its 20-day simple moving average (SMA20), while that difference is up 4.52% for SMA50 and it goes to 7.92% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Invitation Homes Inc (NYSE: INVH) currently have 611.96M outstanding shares and institutions hold larger chunk of about 100.84% of that.

The stock has a current market capitalization of $22.84B and its 3Y-monthly beta is at 1.00. PE ratio of stock for trailing 12 months is 83.10, while it has posted earnings per share of $0.45 in the same period. Its PEG reads 23.28 while making debt-to-equity ratio of 0.85. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for INVH, volatility over the week remained 1.64% while standing at 1.50% over the month.

Stock’s fiscal year EPS is expected to drop by -17.74% while it is estimated to increase by 10.89% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on September 04, 2024 offering a Buy rating for the stock and assigned a target price of $46 to it. Coverage by Wells Fargo stated Invitation Homes Inc (INVH) stock as an Equal weight in their note to investors on August 26, 2024, suggesting a price target of $38 for the stock. On July 26, 2024, Evercore ISI Upgrade their recommendations, while on July 24, 2024, Deutsche Bank Upgrade their ratings for the stock with a price target of $41. Stock get a Neutral rating from Citigroup on March 22, 2024.

Most Popular

Related Posts