Invitation Homes Inc. with ticker code (INVH) now have 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $41.00 and $33.00 calculating the mean target price we have $37.72. Given that the stocks previous close was at $33.86 this would indicate that there is a potential upside of 11.4%. It’s also worth noting that there is a 50 day moving average of $32.98 while the 200 day moving average is $33.33. The total market capitalization for the company now stands at 21.03B. The stock price for the company is currently $34.23 USD
The potential market cap would be $23,432,111,667 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 42.26, revenue per share of $3.88 and a 2.22% return on assets.
Invitation Homes Inc. is a real estate investment trust (REIT) that conducts its operations through Invitation Homes Operating Partnership LP (INVH LP). The Company owns and operates single-family homes for lease, offering residents homes in sought-after neighborhoods across the United States. The Company operates primarily in the Western United States, Florida, and the Southeast United States. It has a vertically integrated operating platform that enables the Company to acquire, renovate, lease, maintain, and manage its homes. The Company’s business activity includes property operations, marketing and leasing, digital marketing initiatives and branding, resident relations and property maintenance, and investment and asset management. It has approximately 80,000 homes for lease in 16 markets across the country. The Company, through THR Property Management L.P, provides all management and other administrative services with respect to the properties it owns.
