17.3 C
New York
Friday, June 9, 2023

Invitation Homes Inc. (NYSE: INVH) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Invitation Homes Inc. (INVH) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.15, or -0.46%, to $32.75. The Invitation Homes Inc. has recorded 322,640 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Invitation Homes Reports First Quarter 2023 Results.

<25-cent Stock Takes $11T Commodities Sector Digital

One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.

All the details are in the FREE online report you can get here.

Sponsored

Stocks Info

Invitation Homes Inc. is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Residential industry. At the end of the last regular session, the stock closed at $32.90 and fluctuated between $33.17 as its day high and $32.56 as its day low. The current market capitalization of Invitation Homes Inc. is $20.14B. A total of 2.44 million shares were traded on the day, compared to an average of 3.00M shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, INVH has seen 4 BUY and 16 SELL insider trades, representing the acquisition of 95,521 and the disposition of 33,780 shares. Over the last 12 months, there were 9 BUYs and 21 SELLs from insiders. Insiders purchased 406,705 shares during that period but sold 153,335.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Invitation Homes Inc. pays an annual dividend of $1.04, resulting in a dividend yield of 3.16%, and it has a price to earnings (P/E) ratio of 49.10. INVH’s most recent ex-dividend date was 5/9/2023 when it declared a $0.26 quarterly dividend that was paid in cash on 5/26/2023. Previously, the company paid the dividend on 2/28/2023 with an ex-dividend date of 2/13/2023. The INVH stock dividend was $0.26 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for INVH in the last 3 months, the mean price target is $35.43 with high estimates of $41.00 and low estimates of $31.00. In terms of 52-week highs and lows, INVH has a high of $40.20 and a low of $28.52.

As of this writing, INVH has an earnings estimate of $Invitation Homes Inc. per share for the current quarter. EPS was calculated based on a consensus of Innoviz Technologies Ltd. estimates, with a high estimate of $Identiv, Inc. per share and a lower estimate of $Innoviva, Inc.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. INVH’s latest balance sheet shows that the firm has $610.17M in Cash & Short Term Investments as of fiscal 2021. There were $8.00B in debt and $193.63M in liabilities at the time. Its Book Value Per Share was $16.71, while its Total Shareholder’s Equity was $9.84B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for INVH is Buy with a score of 3.87.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles