JMP Securities analyst Aaron Hecht maintained a Buy rating on Invitation Homes (NYSE:INVH) Inc on Thursday, setting a price target of $45, which is approximately 11.19% above the present share price of $40.47.
Hecht expects Invitation Homes Inc to post earnings per share (EPS) of $0.11 for the fourth quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in Invitation Homes, with an average price target of $46.75.
The analysts price targets range from a high of $50 to a low of $43.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $491.63 million and a net profit of $133.41 million. The company's market cap is $24.06 billion.
According to TipRanks.com, JMP Securities analyst Aaron Hecht is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.3% and a 78.79% success rate.
Invitation Homes, Inc. engages in the acquisition, renovation, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments. Its services include property management, selection of homes, maintenance program, and online payment. The company was founded by Marcus Ridgway, Dallas Tanner, and Brad Greiwe in 2012 and is headquartered in Dallas, TX.