Invitation Homes (INVH) has announced key dates for its second quarter 2024 earnings release, alongside news of a conference call. The company is to acquire around 500 newly built homes, while varying investors adjust their holdings, with Van ECK Associates Corp and the State of Alaska Department of Revenue both reducing their stakes. Interestingly, Allspring Global Investments and BTC Capital Management have increased their positions. Inside sales have been recorded from President & COO, Charles Young and Director, Cohen Barbe. INVHβs Q1 2024 earnings call showed promising results, and the company declared a cash dividend. The overall
analyst sentiment indicates a 'moderate buy' recommendation for the stock, signaling it as a leader in the residential real estate market. Invitation Homes has agreed to acquire, and take over management of, a large amount of additional properties. Leadership changes have been made to prepare for growth, alongside multiple executive sell-offs. The company is showing impressive FFO growth and has a favourable long-term outlook. Despite the potential downward pressure from rising rates on the REITs sector, Invitation Homes demonstrates growth potential, especially considering its significant investment in the expanding single-family home rental market.
Invitation Homes INVH News Analytics from Tue, 31 Jan 2017 08:00:00 GMT to Sat, 06 Jul 2024 12:52:32 GMT -
Rating 8
- Innovation 4
- Information 6
- Rumor -4
