Invitation Homes Inc traded at $25.71 this Monday March 9th, decreasing $0.50 or 1.91 percent since the previous trading session. Looking back, over the last four weeks, Invitation Homes lost 6.10 percent. Over the last 12 months, its price fell by 24.96 percent. Looking ahead, we forecast Invitation Homes Inc to be priced at 25.42 by the end of this quarter and at 23.18 in one year, according to Trading Economics global macro models projections and analysts expectations.
Invitation Homes Inc. is a real estate investment trust that conducts its operations through Invitation Homes Operating Partnership LP (INVH LP). INVH LP is engaged in owning, renovating, leasing, and operating single-family residential properties. Through THR Property Management L.P., a subsidiary of INVH LP, and its wholly owned subsidiaries (collectively, the Manager), it provides all management and other administrative services. The Manager provides professional property and asset management services to portfolio owners of single-family homes for lease. It has a vertically integrated operating platform that enables the Company to acquire, renovate, lease, maintain, and manage both the homes it owns and those it manages on behalf of others. Its business activity includes property operations, marketing and leasing, digital marketing initiatives and branding, resident relations and property maintenance, and investment and asset management. It has approximately 85,000 homes for lease.