NYSE:IVT

InvenTrust Properties (IVT) Stock Price, News & Analysis

$25.09
-0.35 (-1.38%)
(As of 05/3/2024 ET)
Today's Range
$24.87
$25.90
50-Day Range
$23.98
$25.71
52-Week Range
$20.76
$27.25
Volume
260,717 shs
Average Volume
319,605 shs
Market Capitalization
$1.70 billion
P/E Ratio
250.90
Dividend Yield
3.59%
Price Target
$26.00

InvenTrust Properties MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.6% Upside
$26.00 Price Target
Short Interest
Bearish
2.39% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.14mentions of InvenTrust Properties in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.28%
From $1.69 to $1.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.88 out of 5 stars

Finance Sector

4665th out of 5,270 stocks

Real Estate Investment Trusts Industry

955th out of 1,086 stocks

IVT stock logo

About InvenTrust Properties Stock (NYSE:IVT)

InvenTrust Properties Corp. (the "Company," "IVT," or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component. Management pursues the Company's business strategy by acquiring retail properties in Sun Belt markets, opportunistically disposing of retail properties, maintaining a flexible capital structure, and enhancing environmental, social and governance ("ESG") practices and standards. A trusted, local operator bringing real estate expertise to its tenant relationships, IVT has built a strong reputation with market participants across its portfolio. IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark ("GRESB") member since 2013.

IVT Stock Price History

IVT Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
8/01/2022
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
5/04/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
104
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.00
High Stock Price Target
$27.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+3.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$5.27 million
Pretax Margin
2.70%

Debt

Sales & Book Value

Annual Sales
$258.68 million
Cash Flow
$1.74 per share
Book Value
$22.81 per share

Miscellaneous

Free Float
67,571,000
Market Cap
$1.70 billion
Optionable
Not Optionable
Beta
1.03
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Key Executives

  • Mr. Michael Douglas Phillips CPA (Age 42)
    Executive VP, CFO & Treasurer
    Comp: $1.16M
  • Ms. Christy L. David (Age 45)
    COO, Executive VP, General Counsel & Corporate Secretary
    Comp: $1.29M
  • Mr. Daniel Joseph Busch (Age 42)
    CEO, President & Director
    Comp: $2.29M
  • Mr. David Heimberger
    Senior VP & Chief Investment Officer
  • Mr. David Bryson CPA
    Senior VP, Chief Accounting Officer & Controller
  • Mr. James Puzon
    Senior Vice President of Corporate Finance & Portfolio Management
  • Mr. Dan Lombardo
    Vice President of Investor Relations
  • Ms. Lauren Suva
    Senior VP & Chief Talent Officer
  • Mr. Matt Hagan
    Senior Vice President of Asset Strategy

IVT Stock Analysis - Frequently Asked Questions

Should I buy or sell InvenTrust Properties stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for InvenTrust Properties in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IVT shares.
View IVT analyst ratings
or view top-rated stocks.

What is InvenTrust Properties' stock price target for 2024?

1 Wall Street research analysts have issued 12 month price targets for InvenTrust Properties' shares. Their IVT share price targets range from $25.00 to $27.00. On average, they predict the company's share price to reach $26.00 in the next year. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for IVT
or view top-rated stocks among Wall Street analysts.

How have IVT shares performed in 2024?

InvenTrust Properties' stock was trading at $25.34 at the beginning of the year. Since then, IVT stock has decreased by 1.0% and is now trading at $25.09.
View the best growth stocks for 2024 here
.

Are investors shorting InvenTrust Properties?

InvenTrust Properties saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,510,000 shares, a drop of 13.2% from the March 15th total of 1,740,000 shares. Based on an average daily trading volume, of 340,600 shares, the days-to-cover ratio is presently 4.4 days. Approximately 2.2% of the company's shares are sold short.
View InvenTrust Properties' Short Interest
.

When is InvenTrust Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our IVT earnings forecast
.

How were InvenTrust Properties' earnings last quarter?

InvenTrust Properties Corp. (NYSE:IVT) posted its quarterly earnings results on Monday, August, 1st. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.03. InvenTrust Properties had a net margin of 2.70% and a trailing twelve-month return on equity of 0.45%.

How often does InvenTrust Properties pay dividends? What is the dividend yield for InvenTrust Properties?

InvenTrust Properties declared a quarterly dividend on Tuesday, March 12th. Stockholders of record on Sunday, March 31st will be given a dividend of $0.226 per share on Monday, April 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for IVT
.

Is InvenTrust Properties a good dividend stock?

InvenTrust Properties (NYSE:IVT) pays an annual dividend of $0.90 per share and currently has a dividend yield of 3.55%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 900.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, IVT will have a dividend payout ratio of 49.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IVT.

What ETFs hold InvenTrust Properties' stock?

ETFs with the largest weight of InvenTrust Properties (NYSE:IVT) stock in their portfolio include Cambria Global Real Estate ETF (BLDG).Virtus Real Asset Income ETF (VRAI).

When did InvenTrust Properties' stock split?

InvenTrust Properties's stock reverse split on the morning of Friday, August 6th 2021. The 1-10 reverse split was announced on Friday, August 6th 2021. The number of shares owned by shareholders was adjusted after the closing bell on Friday, August 6th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What guidance has InvenTrust Properties issued on next quarter's earnings?

InvenTrust Properties issued an update on its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 1.670-1.710 for the period, compared to the consensus earnings per share estimate of 1.720. The company issued revenue guidance of -.

Who are InvenTrust Properties' major shareholders?

InvenTrust Properties' stock is owned by many different institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (3.94%), Commonwealth Equity Services LLC (0.34%), Cambridge Investment Research Advisors Inc. (0.15%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Mirae Asset Global Investments Co. Ltd. (0.05%) and Calton & Associates Inc. (0.04%).

How do I buy shares of InvenTrust Properties?

Shares of IVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:IVT) was last updated on 5/4/2024 by MarketBeat.com Staff

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