Market Update: Invitation Homes Inc (INVH) Sees Positive Movement, Closing at 35.27

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In the latest session, Invitation Homes Inc (NYSE: INVH) closed at $35.27 up 0.80% from its previous closing price of $34.99. In other words, the price has increased by $0.80 from its previous closing price. On the day, 5.79 million shares were traded. INVH stock price reached its highest trading level at $35.735 during the session, while it also had its lowest trading level at $34.95.

Ratios:

For a deeper understanding of Invitation Homes Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.90. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.85.

On July 24, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $35 to $41.

Citigroup Downgraded its Buy to Neutral on March 22, 2024, while the target price for the stock was maintained at $39.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 24 ’24 when Barbe, Cohen Jana sold 7,200 shares for $34.58 per share. The transaction valued at 248,976 led to the insider holds 28,068 shares of the business.

Young Charles D. sold 60,582 shares of INVH for $2,105,224 on May 09 ’24. The President & COO now owns 214,714 shares after completing the transaction at $34.75 per share. On May 08 ’24, another insider, Young Charles D., who serves as the President & COO of the company, sold 5,000 shares for $34.85 each. As a result, the insider received 174,250 and left with 275,296 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INVH now has a Market Capitalization of 21606191104 and an Enterprise Value of 29222914048. As of this moment, Invitation’s Price-to-Earnings (P/E) ratio for their current fiscal year is 78.62, and their Forward P/E ratio for the next fiscal year is 44.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 22.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.27 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 11.6 whereas that against EBITDA is 20.954.

Stock Price History:

Over the past 52 weeks, INVH has reached a high of $36.92, while it has fallen to a 52-week low of $28.49. The 50-Day Moving Average of the stock is -0.01%, while the 200-Day Moving Average is calculated to be 3.79%.

Shares Statistics:

For the past three months, INVH has traded an average of 3.41M shares per day and 5015800 over the past ten days. A total of 611.96M shares are outstanding, with a floating share count of 610.38M. Insiders hold about 0.36% of the company’s shares, while institutions hold 102.94% stake in the company. Shares short for INVH as of 1721001600 were 8944804 with a Short Ratio of 2.62, compared to 1718323200 on 10271310. Therefore, it implies a Short% of Shares Outstanding of 8944804 and a Short% of Float of 2.07.

Dividends & Splits

According to the company, the forward annual dividend rate for INVH is 1.36, from 1.1 in the trailing year. Against a Trailing Annual Dividend Yield of 0.031437553The stock’s 5-year Average Dividend Yield is 2.28.

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