InvenTrust Properties Corp. (NYSE:IVT) Receives Average Rating of “Moderate Buy” from Analysts

InvenTrust Properties Corp. (NYSE:IVT) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $31.80.

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. initiated coverage on shares of InvenTrust Properties in a research note on Friday, October 17th. They set a “neutral” rating and a $30.00 price target for the company. LADENBURG THALM/SH SH started coverage on shares of InvenTrust Properties in a research report on Tuesday, September 9th. They set a “neutral” rating and a $31.00 price target on the stock. Wall Street Zen cut shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of InvenTrust Properties in a research note on Monday. Finally, Wells Fargo & Company started coverage on shares of InvenTrust Properties in a research note on Tuesday, October 21st. They set an “overweight” rating and a $33.00 price target for the company.

InvenTrust Properties Trading Down 1.3%

NYSE:IVT opened at $28.00 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.68 and a quick ratio of 1.68. The business’s 50-day simple moving average is $28.04 and its 200-day simple moving average is $28.12. InvenTrust Properties has a fifty-two week low of $25.21 and a fifty-two week high of $31.51. The stock has a market capitalization of $2.17 billion, a PE ratio of 18.30, a price-to-earnings-growth ratio of 3.10 and a beta of 0.85.

InvenTrust Properties (NYSE:IVT) last announced its earnings results on Tuesday, October 28th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.37). The company had revenue of $74.47 million for the quarter, compared to analyst estimates of $73.57 million. InvenTrust Properties had a return on equity of 6.65% and a net margin of 40.46%.InvenTrust Properties has set its FY 2025 guidance at 1.800-1.830 EPS. Sell-side analysts expect that InvenTrust Properties will post 1.79 earnings per share for the current fiscal year.

InvenTrust Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.2377 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.95 dividend on an annualized basis and a yield of 3.4%. InvenTrust Properties’s dividend payout ratio is 62.09%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in IVT. Loomis Sayles & Co. L P acquired a new stake in InvenTrust Properties during the second quarter worth approximately $26,000. Heritage Wealth Advisors acquired a new stake in shares of InvenTrust Properties during the 2nd quarter worth approximately $34,000. EverSource Wealth Advisors LLC increased its stake in shares of InvenTrust Properties by 44.0% in 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 in the last quarter. Quaker Wealth Management LLC increased its stake in shares of InvenTrust Properties by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 1,447 shares of the company’s stock valued at $40,000 after acquiring an additional 2,894 shares in the last quarter. Finally, Avalon Trust Co acquired a new position in shares of InvenTrust Properties during the 3rd quarter valued at $43,000. 61.70% of the stock is owned by institutional investors and hedge funds.

InvenTrust Properties Company Profile

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.