Invitation Homes (INVH) has promoted Tim Lobner to the role of Chief Operating Officer. Company executives will share strategic insights at a major property conference soon. Results from Q4 show the company has outperformed estimates, delivering a net profit of $144M and forecasting a potential revenue growth of up to 3% by 2025. Large investment funds, including New York State Common Retirement Fund and Fjarde AP Fonden Fourth Swedish National Pension fund have altered their stakes in INVH. The company anticipates a strong start to 2025 and has announced their earnings results. Q4 revenues have increased Y/Y thanks to higher rental demand. Notable investments and trades involving INVH shares were made by Versor Investments LP, Illinois Municipal Retirement Fund, and Rothschild Investments LLC. RBC has raised its price target for INVH shares, while analyst consensus target price stands at $37.47. INVH has been utilizing technology to enhance experiences for clients and associates. Persistent market challenges and slightly cautious outlook for 2025 are offset by robust financial performance and strong trading. The company was fined by the US FTC for hidden fees, but balances it with a $500M joint venture for new home construction investment. INVHβs risk/return profile appears favorable according to investing.com.
Invitation Homes INVH News Analytics from Mon, 22 Jul 2024 07:00:00 GMT to Sat, 01 Mar 2025 04:41:19 GMT -
Rating 4
- Innovation 2
- Information 6
- Rumor -3
