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12/07/2023 16:10:00 EST
Invitation Homes Inc (INVH)
Industry: REIT - Residential
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 30 trading days, INVH has been trading in a range between $33.54 and $28.57 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
INVH is trading between resistance at $32.85 about 0% to the upside and support at $28.80 -12% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $33.65, about a 3% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Invitation Homes Inc (INVH) entered a Green zone 17 days ago on the AI powered stock chart. Wall Street analysts have a recent rating of 3.952, which is a Buy. The current analyst target price is $36.82, which gives it a potential upside of 12.43 % from the recent price of 32.75. The stock is trading 9.83% (potential upside) below its 52 week high of $35.97 and 18.49 % (potential downside) above its 52 week low of $27.64 - based on the recent price.
Company Summary
Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences. .
News
| Invitation Homes: Not Very Inviting Right Now Invitation Homes is analyzed in comparison to Tricon Residential, with Invitation being more appealing from a fundamental perspective. Invitation has a straightforward story for investors and a better balance sheet than Tricon. However, Invitation's current valuation fully reflects these considerations, leaving no margin of safety or potential for outsized appreciation or yield. Source: Seeking Alpha Wed, 06 Dec 2023 10:44:18 -0500 Sentiment: Negative |
| Property Type Round-Up From REITWorld REITWorld conference in Los Angeles featured 29 meetings, including exclusive sessions with REIT CEOs and CFOs, and property tours. Common themes discussed included cautious optimism on 2024 fundamentals, distressed opportunities, and challenges in the market. Actionable ideas and key takeaways were gathered from the meetings, covering various sectors such as shopping centers, healthcare, multifamily, self-storage, industrial, office, and life science. Source: Seeking Alpha Tue, 05 Dec 2023 10:36:42 -0500 Sentiment: Neutral |
| Invitation Homes: A Good Dividend-Growth Play Invitation Homes focuses on single-family homes, which have different rental expectations and priorities compared to apartments. The company's properties are primarily located in California, sunbelt states, and Florida, where demand and real estate prices are rising. The company has shown impressive growth, with revenues up over 150% in the last 5 years, and has a strong dividend growth track record. Source: Seeking Alpha Tue, 05 Dec 2023 07:43:27 -0500 Sentiment: Positive |
| Invitation Homes: Shares Attractive On Favorable Housing Market Dynamics Single-family REIT, Invitation Homes, is benefiting from positive housing fundamentals, including relative rental affordability in relation to ownership. Shares are up over 7% in the last month, outperforming its related peer and the broader S&P. The stock, however, still trails on a YTD basis, trading at a discount relative to its peers. Source: Seeking Alpha Mon, 04 Dec 2023 21:39:06 -0500 Sentiment: Positive |
| 4 Best Stocks to Invest in for Solid Earnings Growth Invest in stocks such as Insulet (PODD), W.R. Berkley (WRB), Invitation Home (INVH) and VICI Properties (VICI) for superb earnings growth. Source: Zacks Investment Research Mon, 04 Dec 2023 07:31:27 -0500 Sentiment: Positive |
Technicals 52 Week Hi: 35.9669 52 Week Low: 27.6424 Beta: 0.953 50 Day MA: 31.9946 200 Day MA: 33.0117 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.623 Qtr Revenue Growth YOY: 0.079 Forward PE: 42.735 Trailing PE: 40.4444