What’s Next for Invitation Homes Inc. (INVH) After Making Record High?

The stock of Invitation Homes Inc. (NYSE:INVH) reached all time high today, May, 17 and still has $26.62 target or 5.00 % above today’s $25.35 share price. This indicates more upside for the $13.45 billion company. This technical setup was reported by Barchart.com. If the $26.62 PT is reached, the company will be worth $672.35M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.16% or $0.04 during the last trading session, reaching $25.35. About 2.34 million shares traded. Invitation Homes Inc. (NYSE:INVH) has risen 5.80% since May 17, 2018 and is uptrending. It has outperformed by 1.43% the S&P500.

Analysts await Invitation Homes Inc. (NYSE:INVH) to report earnings on August, 8. They expect $0.30 EPS, up 3.45 % or $0.01 from last year’s $0.29 per share. INVH’s profit will be $159.14 million for 21.13 P/E if the $0.30 EPS becomes a reality. After $0.33 actual EPS reported by Invitation Homes Inc. for the previous quarter, Wall Street now forecasts -9.09 % negative EPS growth.

More notable recent Invitation Homes Inc. (NYSE:INVH) news were published by: Seekingalpha.com which released: “Invitation Homes’ CEO taking temporary leave for family medical issue – Seeking Alpha” on August 27, 2018, also Seekingalpha.com with their article: “Real Estate Outperforms As Rent Inflation Heats Up – Seeking Alpha” published on May 11, 2019, Cnbc.com published: “Florence’s first wave has potential to cause $5 billion in property damage – CNBC” on September 14, 2018. More interesting news about Invitation Homes Inc. (NYSE:INVH) were released by: Globenewswire.com and their article: “Market Trends Toward New Normal in TAL Education Group, Invitation Home, New Gold, Eyegate Pharmaceuticals, McClatchy, and OptimizeRx — Emerging Consolidated Expectations, Analyst Ratings – GlobeNewswire” published on April 19, 2019 as well as Seekingalpha.com‘s news article titled: “A Unique Buying Opportunity For Invitation Homes – Seeking Alpha” with publication date: February 22, 2017.

Invitation Homes Inc. engages on owning, renovating, leasing, and operating single-family residential properties in the United States. The company has market cap of $13.45 billion. It has approximately 50,000 homes for lease in 13 markets. It has a 422.5 P/E ratio.

Invitation Homes Inc. (NYSE:INVH) Ratings Chart

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