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

InvenTrust Properties Corp. (NYSE:IVT) has been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $31.60.

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. assumed coverage on InvenTrust Properties in a research note on Friday, October 17th. They issued a “neutral” rating and a $30.00 price target on the stock. Wall Street Zen lowered InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Wells Fargo & Company assumed coverage on InvenTrust Properties in a research report on Tuesday, October 21st. They issued an “overweight” rating and a $33.00 target price on the stock. LADENBURG THALM/SH SH began coverage on InvenTrust Properties in a research note on Tuesday, September 9th. They set a “neutral” rating and a $31.00 target price for the company. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of InvenTrust Properties in a research note on Monday, December 15th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Loomis Sayles & Co. L P acquired a new position in InvenTrust Properties in the 2nd quarter worth about $26,000. Heritage Wealth Advisors bought a new stake in shares of InvenTrust Properties during the second quarter worth about $34,000. EverSource Wealth Advisors LLC increased its stake in shares of InvenTrust Properties by 44.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after buying an additional 418 shares during the period. Quaker Wealth Management LLC increased its stake in shares of InvenTrust Properties by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 1,447 shares of the company’s stock valued at $40,000 after buying an additional 2,894 shares during the period. Finally, Avalon Trust Co bought a new position in InvenTrust Properties in the 3rd quarter valued at approximately $43,000. 61.70% of the stock is currently owned by institutional investors.

InvenTrust Properties Price Performance

Shares of NYSE:IVT opened at $28.57 on Tuesday. The firm has a 50 day moving average of $28.29 and a 200-day moving average of $28.22. InvenTrust Properties has a 12 month low of $25.21 and a 12 month high of $31.04. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $2.22 billion, a PE ratio of 18.67, a PEG ratio of 3.12 and a beta of 0.85.

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

InvenTrust Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th will be given a $0.2377 dividend. The ex-dividend date is Tuesday, December 30th. This represents a $0.95 dividend on an annualized basis and a yield of 3.3%. InvenTrust Properties’s dividend payout ratio (DPR) is currently 62.09%.

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.