Invitation Homes Inc. (NYSE:INVH) is expected to report second quarter earnings results, after market close, on Monday 3rd August 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.06 per share.
Looking ahead, the full year income are expected at $ 0.24 per share on the revenues of $ 1792.80 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.04 ~ $ 1.12 per share
Click Here For More Historical Outlooks Of Invitation Homes Inc.
Previous Quarter Performance
Invitation Homes Inc. posted income for the first quarter of $ 0.34 per share, from the revenue of $ 449.79 million. The quarterly earnings elevated 750.00 percent while revenues gained 3.28 percent compared with the same quarter last year. According to street consensus, revenue of $ 443.57 million was expected for the first quarter The top line results outshined analysts by $ 6.22 million or 1.40 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Invitation Homes Inc.
Stock Performance
According to the previous trading day, closing price of INVH was $ 29.82, representing a 90.66 % increase from the 52 week low of $ 15.64 and a 8.81 % decrease over the 52 week high of $ 32.70.
The company has a market capital of $ 16.71 billion and is part of the Real Estate sector and REIT – Residential industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”INVH” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 18th June 2020, initiated by Janney Capital at Buy rating, with $ 34.00 target price.
- On 16th June 2020, maintained by B. Riley at Buy rating, with $ 30.00 target price.
- On 9th June 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 25.00 target price.
Recent Stock Dividend Announcement
On July 24, 2020, the board of directors authorized quarterly dividend of $ 0.15 per share to holders of record as of the close of business on August 12, 2020, with payment date of August 28, 2020 and ex-dividend date on August 11, 2020.
The board of directors has authorized quarterly dividend of $ 0.15 per share on May 1, 2020. The dividend were payable on May 29, 2020 to holders of record as of the close of business on May 13, 2020 and ex-dividend date on May 12, 2020.
Invitation Homes is a leading owner and operator of single-family rental homes, offering residents high-quality homes across America. With over 80,000 homes for lease in 17 markets across the country, Invitation Homes is meeting changing lifestyle demands by providing residents access to updated homes with features they value, such as close proximity to jobs and access to good schools. The Companys mission statement, “Together with you, we make a house a home,” reflects its commitment to high-touch service that continuously enhances residents living experiences and provides homes where individuals and families can thrive.
