With 2.48 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.26 million shares. The 52-week range on INVH shows that it touched its highest point at $37.80 and its lowest point at $29.37 during that stretch. It currently has a 1-year price target of $37.38. With its current market cap of 20.86 billion, INVH has annualized dividend of $1.14 while the current yield stands at 3.35%. Beta for the stock currently stands at 0.82.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of INVH was down-trending over the past week, with a drop of -1.56%, but this was up by 3.22% over a month. Three-month performance surged to 6.91% while six-month performance rose 0.59%. The stock lost -2.07% in the past year, while it has gained 6.44% so far this year. A look at the trailing 12-month EPS for INVH yields 0.34 with Next year EPS estimates of 0.83. For the next quarter, that number is 0.18. This implies an EPS growth rate of 5.02% for this year and 7.24% for next year. EPS is expected to grow by 5.49% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 30.02%.
Float and Shares Shorts:
At present, 612.88 million INVH shares are outstanding with a float of 606.01 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for INVH since 8 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.69286 being high and $0.66597 being low. For INVH, this leads to a yearly average estimate of $0.68919.
