RBC Capital analyst Brad Heffern maintained a Buy rating on Invitation Homes (NYSE:INVH) Inc on Tuesday, setting a price target of $35, which is approximately 7.69% above the present share price of $32.5.
Heffern expects Invitation Homes Inc to post earnings per share (EPS) of $0.13 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Invitation Homes, with an average price target of $35.
The analysts price targets range from a high of $39 to a low of $33.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $464.1 million and a net profit of $121.82 million. The company's market cap is $18.45 billion.
According to TipRanks.com, RBC Capital analyst Brad Heffern is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.2% and a 51.79% 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.