InvenTrust Properties (NYSE:IVT) Sets New 1-Year High – What’s Next?

InvenTrust Properties Corp. (NYSE:IVT) shares reached a new 52-week high on Wednesday . The stock traded as high as $36.15 and last traded at $34.5410, with a volume of 1351330 shares. The stock had previously closed at $34.62.

Wall Street Analyst Weigh In

IVT has been the topic of several research analyst reports. Weiss Ratings cut shares of InvenTrust Properties from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 3rd. KeyCorp started coverage on InvenTrust Properties in a research note on Friday, March 6th. They set an “overweight” rating and a $35.00 price objective on the stock. Bank of America upped their price target on InvenTrust Properties from $36.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, May 29th. BTIG Research restated a “buy” rating and set a $37.00 price objective on shares of InvenTrust Properties in a research note on Friday. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $36.00 price objective (up from $34.00) on shares of InvenTrust Properties in a report on Tuesday, May 26th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $34.57.

InvenTrust Properties Trading Down 0.2%

The stock has a market cap of $2.69 billion, a price-to-earnings ratio of 24.50, a price-to-earnings-growth ratio of 2.83 and a beta of 0.80. The firm’s 50 day moving average is $32.55 and its two-hundred day moving average is $30.71. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.54.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.01. The firm had revenue of $82.58 million for the quarter, compared to analyst estimates of $78.79 million. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Equities analysts anticipate that InvenTrust Properties Corp. will post 1.99 EPS for the current year.

InvenTrust Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.00 annualized dividend and a yield of 2.9%. InvenTrust Properties’s dividend payout ratio is 70.92%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of IVT. Cassaday & Co Wealth Management LLC bought a new position in InvenTrust Properties in the 1st quarter worth about $29,000. EverSource Wealth Advisors LLC grew its position in InvenTrust Properties by 44.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock worth $38,000 after purchasing an additional 418 shares during the last quarter. Global Retirement Partners LLC grew its position in InvenTrust Properties by 82.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after purchasing an additional 621 shares during the last quarter. Avalon Trust Co bought a new position in InvenTrust Properties in the 3rd quarter worth about $43,000. Finally, Danske Bank A S grew its position in InvenTrust Properties by 220.0% in the 4th quarter. Danske Bank A S now owns 1,600 shares of the company’s stock worth $45,000 after purchasing an additional 1,100 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.

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.