Invitation Homes (NYSE:INVH) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.20-1.28 for the period. Invitation Homes also updated its FY19 guidance to $1.20-$1.28 EPS.
Shares of NYSE:INVH traded down $0.18 during trading on Thursday, reaching $22.75. The stock had a trading volume of 2,239,114 shares, compared to its average volume of 2,869,017. Invitation Homes has a 52 week low of $19.21 and a 52 week high of $23.97. The firm has a market cap of $11.94 billion, a price-to-earnings ratio of 87.63, a P/E/G ratio of 3.57 and a beta of 0.52. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 1.12.
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 28th. Stockholders of record on Wednesday, February 13th will be given a $0.13 dividend. This is a positive change from Invitation Homes’s previous quarterly dividend of $0.11. The ex-dividend date is Tuesday, February 12th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.29%. Invitation Homes’s dividend payout ratio (DPR) is currently 200.00%.
About Invitation Homes
Invitation Homes is a leading owner and operator of single-family homes for lease, offering residents high-quality homes across America. With over 80,000 homes for lease in 17 markets across the country, Invitation Homes is meeting changing lifestyle demands by providing residents access to updated homes with features they value, such as close proximity to jobs and access to good schools.
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