InvenTrust Properties Corp. (NYSE:IVT) Given Average Rating of “Buy” by Analysts

Shares of InvenTrust Properties Corp. (NYSE:IVT) have been given a consensus recommendation of “Buy” by the seven analysts that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $34.5714.

Several brokerages have weighed in on IVT. JPMorgan Chase & Co. raised their price target on InvenTrust Properties from $31.00 to $33.00 and gave the stock a “hold neutral” rating in a report on Wednesday, May 6th. Wells Fargo & Company reissued 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. Weiss Ratings raised InvenTrust Properties from a “buy (b)” rating to a “buy (a-)” rating in a report on Wednesday, June 17th. Bank of America upped their price objective on shares of InvenTrust Properties from $36.00 to $37.00 and gave the company a “buy” rating in a report on Friday, May 29th. Finally, KeyCorp initiated coverage on shares of InvenTrust Properties in a report on Friday, March 6th. They issued an “overweight” rating and a $35.00 price objective on the stock.

InvenTrust Properties Stock Up 0.4%

Shares of InvenTrust Properties stock opened at $34.47 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.46 and a quick ratio of 1.46. InvenTrust Properties has a 1 year low of $26.52 and a 1 year high of $36.15. The firm’s 50-day moving average is $32.80 and its two-hundred day moving average is $30.87. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of 24.45, a PEG ratio of 2.81 and a beta of 0.80.

InvenTrust Properties (NYSE:IVT) last announced its earnings results on Tuesday, April 28th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. The business had revenue of $82.58 million during the quarter, compared to the consensus estimate of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, research analysts expect that InvenTrust Properties will post 1.99 earnings per share for the current fiscal year.

InvenTrust Properties Dividend Announcement

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

Hedge Funds Weigh In On InvenTrust Properties

Several institutional investors have recently made changes to their positions in the company. Cassaday & Co Wealth Management LLC acquired a new stake in shares of InvenTrust Properties during the 1st quarter valued at about $29,000. EverSource Wealth Advisors LLC grew its position 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 valued at $38,000 after acquiring an additional 418 shares during the period. Global Retirement Partners LLC boosted its position in InvenTrust Properties by 82.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after purchasing an additional 621 shares in the last quarter. Avalon Trust Co purchased a new position in InvenTrust Properties during the third quarter worth approximately $43,000. Finally, Danske Bank A S boosted its position in InvenTrust Properties by 220.0% during the fourth 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 in the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

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.