Analysts Set InvenTrust Properties Corp. (NYSE:IVT) Target Price at $32.17

InvenTrust Properties Corp. (NYSE:IVT) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $32.3333.

IVT has been the topic of a number of analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Wall Street Zen downgraded shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Sunday, March 15th. Wells Fargo & Company boosted their price target on InvenTrust Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Thursday. KeyCorp initiated coverage on InvenTrust Properties in a research report on Friday, March 6th. They set an “overweight” rating and a $35.00 price target on the stock. Finally, Jefferies Financial Group restated a “buy” rating and set a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th.

Institutional Investors Weigh In On InvenTrust Properties

Several institutional investors and hedge funds have recently bought and sold shares of IVT. Loomis Sayles & Co. L P bought a new position in InvenTrust Properties in the 2nd quarter valued at about $26,000. Heritage Wealth Advisors bought a new stake in shares of InvenTrust Properties during the 2nd quarter worth approximately $34,000. EverSource Wealth Advisors LLC lifted its holdings in shares of InvenTrust Properties by 44.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock worth $38,000 after acquiring an additional 418 shares during the period. Global Retirement Partners LLC boosted its position in shares of InvenTrust Properties by 82.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after acquiring an additional 621 shares in the last quarter. Finally, Avalon Trust Co acquired a new stake in shares of InvenTrust Properties during the 3rd quarter worth approximately $43,000. Institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Stock Down 0.7%

IVT opened at $31.47 on Friday. The stock has a fifty day moving average of $30.23 and a 200-day moving average of $29.10. The company has a market capitalization of $2.45 billion, a P/E ratio of 22.01, a P/E/G ratio of 3.00 and a beta of 0.84. InvenTrust Properties has a fifty-two week low of $25.21 and a fifty-two week high of $32.63. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.17 and a current ratio of 1.17.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.42). InvenTrust Properties had a net margin of 37.24% and a return on equity of 6.22%. The business had revenue of $77.38 million during the quarter, compared to analyst estimates of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. On average, equities analysts expect that InvenTrust Properties will post 1.79 EPS for the current year.

InvenTrust Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.25 dividend. The ex-dividend date is Tuesday, March 31st. This is an increase from InvenTrust Properties’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.2%. InvenTrust Properties’s dividend payout ratio (DPR) is 66.43%.

About InvenTrust Properties

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.