InvenTrust Properties Corp. (NYSE:IVT) Receives Consensus Rating of “Buy” from Brokerages

InvenTrust Properties Corp. (NYSE:IVT) has earned a consensus recommendation of “Buy” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $35.1429.

Several equities analysts have recently commented on IVT shares. Weiss Ratings lowered InvenTrust Properties from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, July 31st. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. Jefferies Financial Group raised InvenTrust Properties to a “strong-buy” rating in a research note on Friday, June 26th. BTIG Research reiterated a “buy” rating and set a $37.00 price target on shares of InvenTrust Properties in a research report on Friday, June 12th. Finally, Bank of America lifted their price target on shares of InvenTrust Properties from $37.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, June 29th.

Institutional Trading of InvenTrust Properties

Several hedge funds have recently added to or reduced their stakes in the business. Cassaday & Co Wealth Management LLC bought a new stake in InvenTrust Properties in the first quarter worth $29,000. EverSource Wealth Advisors LLC grew its stake in shares of InvenTrust Properties by 44.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after buying an additional 418 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of InvenTrust Properties by 82.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after buying an additional 621 shares during the last quarter. Danske Bank A S increased its holdings in shares of InvenTrust Properties by 220.0% in the fourth quarter. Danske Bank A S now owns 1,600 shares of the company’s stock worth $45,000 after buying an additional 1,100 shares during the period. Finally, Prosperity Bancshares Inc purchased a new position in shares of InvenTrust Properties in the fourth quarter worth about $47,000. 61.70% of the stock is owned by institutional investors.

InvenTrust Properties Stock Down 0.2%

Shares of NYSE:IVT opened at $32.77 on Wednesday. The firm has a market capitalization of $2.56 billion, a PE ratio of 163.87, a price-to-earnings-growth ratio of 2.68 and a beta of 0.78. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.73 and a current ratio of 1.73. InvenTrust Properties has a 52-week low of $26.81 and a 52-week high of $37.22. The firm has a fifty day moving average of $35.01 and a 200 day moving average of $32.57.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). InvenTrust Properties had a net margin of 4.80% and a return on equity of 0.85%. The firm had revenue of $82.83 million for the quarter, compared to analysts’ expectations of $82.44 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, research analysts anticipate that InvenTrust Properties will post 2 EPS for the current fiscal year.

InvenTrust Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 3.1%. InvenTrust Properties’s dividend payout ratio (DPR) is currently 500.00%.

InvenTrust Properties Company Profile

InvenTrust Properties Corp is a self‐managed real estate investment trust specializing in suburban and urban retail real estate. Headquartered in Downers Grove, Illinois, the company focuses on the acquisition, leasing and management of open‐air shopping centers that serve everyday consumer needs.

The company’s portfolio is concentrated in neighborhood and community retail assets anchored by grocery stores, pharmacies and national service tenants. InvenTrust engages in active leasing strategies, property management services and selective development and redevelopment initiatives designed to enhance long‐term cash flow and tenant mix.

InvenTrust Properties was created in 2019 through the spin‐off of its predecessor, Inland Real Estate Investment Corp, and adopted its current name upon separation.