In spite of the market turbulence, Wall Street retains a bullish stance on Invitation Homes (INVH). Advisors Asset Management has recently purchased an additional 10,343 shares of INVH as several firms make strong investments in the company. The company has declared a cash dividend and has announced a $200 Million joint venture. The fourth quarter of 2024 saw a revenue beat while the Q4 earnings call highlighted a robust financial performance. Meanwhile Mizuho has upgraded INVH to 'Outperform' citing expected inflection.
INVH has also announced the pricing of $500 Million of 4.875% Senior Notes due in 2035. During this period, there have been alterations in various holdings by groups such as PNC Financial Services and Tredje AP fonden. INVH has reported 3 percent forecasted revenue growth for 2025 and is leveraging technology to enhance customer and associate experiences. The appointment of Tim Lobner as the new COO is another key highlight, while the performance in Q3 was negatively impacted, the start of 2025 has been strong. However, INVH was fined by the US FTC over hidden fees amounting to $48 Million.
With regards to ratings, INVH receives mixed responses from brokers and has seen a price target alteration. Free of partnerships or M&A announcements, the SWOT analysis does point towards growth challenges for the single-family rental giant. Despite all this, INVH has announced the addition of H. Wyman Howard III to its board of directors thus displaying the potential for effective management.
Invitation Homes INVH News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Sat, 22 Mar 2025 22:59:41 GMT - Rating 6 - Innovation 0 - Information 8 - Rumor 7
