BMO Capital analyst Juan C. Sanabria has maintained their neutral stance on INVH stock, giving a Hold rating on October 16.
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Juan C. Sanabria has given his Hold rating due to a combination of factors including the recent performance and future outlook of Invitation Homes. The company’s third-quarter earnings for 2025 met expectations, although the core results, specifically the same-store net operating income (SSNOI), showed only a modest increase of 1.1%. Despite the earnings guidance being slightly raised, aligning with market expectations, there are concerns about the decline in new lease rates, particularly in the sunbelt region, which could impact future growth.
Additionally, while the core funds from operations (Core-FFO) and adjusted funds from operations (AFFO) guidance were slightly increased, they remain in line with market expectations. This suggests limited upside potential in the near term. The market had low expectations going into the third quarter, and while the results might lead to a temporary increase in share prices, the underlying challenges, such as pressure on new lease rates, warrant a cautious approach, justifying the Hold rating.
C. Sanabria covers the Real Estate sector, focusing on stocks such as Ventas, Brixmor Property, and Extra Space Storage. According to TipRanks, C. Sanabria has an average return of 0.9% and a 50.35% success rate on recommended stocks.
In another report released on October 16, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $31.00 price target.