Invitation Home Inc. (NYSE:INVH) is set to post its quarterly earnings results after the market closes on Wednesday, November 8th. Analysts expect Invitation Home to post earnings of $0.24 per share for the quarter. Invitation Home has set its FY17 guidance at $0.96-1.04 EPS.
Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Thursday, August 10th. The company reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.01. The business had revenue of $242.22 million for the quarter, compared to the consensus estimate of $240.58 million. Invitation Home’s revenue was up 5.1% compared to the same quarter last year. On average, analysts expect Invitation Home to post $1 EPS for the current fiscal year and $1.15 EPS for the next fiscal year.
Shares of Invitation Home Inc. (INVH) opened at 22.57 on Wednesday. The company’s market capitalization is $7.03 billion. The firm’s 50-day moving average price is $22.62 and its 200-day moving average price is $22.01. Invitation Home Inc. has a 12-month low of $19.80 and a 12-month high of $23.56.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 7th. Investors of record on Tuesday, October 24th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, October 23rd. This represents a $0.32 annualized dividend and a dividend yield of 1.42%.
TRADEMARK VIOLATION WARNING: This piece was reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece on another domain, it was stolen and reposted in violation of US and international copyright and trademark law. The original version of this piece can be accessed at https://www.com-unik.info/2017/11/01/invitation-home-inc-invh-to-release-earnings-on-wednesday.html.
A number of analysts have commented on INVH shares. Zacks Investment Research upgraded shares of Invitation Home from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a report on Wednesday, August 23rd. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $25.00 price objective on shares of Invitation Home in a research report on Friday, August 18th. FBR & Co reaffirmed a “buy” rating on shares of Invitation Home in a research report on Thursday, September 21st. Finally, BTIG Research initiated coverage on shares of Invitation Home in a research report on Monday, October 9th. They set a “buy” rating and a $26.00 price objective for the company. Two analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $24.50.
Invitation Home Company Profile
Invitation Homes Inc is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. The Company’s segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments.
What are top analysts saying about Invitation Home Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Invitation Home Inc. and related companies.