Invitation Homes stock hits 52-week low at $28.76

Published 02/10/2025, 14:40
Invitation Homes stock hits 52-week low at $28.76

Invitation Homes Inc. stock reached a 52-week low, touching $28.76, as the company grapples with a challenging market environment. With a market capitalization of $17.7 billion and a beta of 0.82, the company maintains a defensive position in the market. InvestingPro analysis indicates the stock is trading slightly above its Fair Value. Over the past year, the stock has experienced a significant decline, with a 1-year change of -15.7%. Despite these challenges, the company maintains strong fundamentals with a current ratio of 1.73 and steady revenue growth of 5.09%. The stock offers a 4% dividend yield, providing some compensation for patient investors. InvestingPro subscribers have access to 6 additional key insights and a comprehensive Pro Research Report, helping investors make more informed decisions about this prominent residential REIT player.

In other recent news, Invitation Homes announced a quarterly cash dividend of $0.29 per share, payable to shareholders by October 17, 2025. The company, part of the S&P 500, continues to distribute dividends as part of its shareholder returns strategy. Meanwhile, Mizuho lowered its price target for Invitation Homes to $32.00, citing no changes in core operating or funds from operations guidance, yet remaining optimistic about the company’s prospects for the latter half of 2025 and 2026. Oppenheimer maintained an Outperform rating with a $41.00 price target, emphasizing stable performance and consistent management guidance. Similarly, Citizens JMP reaffirmed its Market Outperform rating and $40.00 price target after the company reported a Core FFO of $0.48 per share for the second quarter, aligning with expectations. Additionally, Walker & Dunlop appointed Ernest "Ernie" Freedman, former CFO of Invitation Homes, to its board of directors. These developments reflect the company’s ongoing strategic and financial activities.

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