Morgan Stanley (NYSE:MS) analyst Richard Hill maintained a Hold rating on Invitation Homes (NYSE:INVH) Inc on Tuesday, setting a price target of $25, which is approximately 12.77% below the present share price of $28.66.
Hill expects Invitation Homes Inc to post earnings per share (EPS) of $0.09 for the second quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Invitation Homes, with an average price target of $27.75.
The analysts price targets range from a high of $30 to a low of $25.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $449.79 million and a net profit of $119.25 million. The company's market cap is $16.37 billion.
According to TipRanks.com, Morgan Stanley analyst Richard Hill is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -3.1% and a 51.43% 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.