InvenTrust Properties (NYSE:IVT) Earns Overweight Rating from Analysts at KeyCorp

KeyCorp initiated coverage on shares of InvenTrust Properties (NYSE:IVT) in a research note released on Thursday morning, Marketbeat reports. The brokerage issued an overweight rating and a $35.00 price objective on the stock.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a research note on Monday, December 29th. Wall Street Zen raised InvenTrust Properties from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a research report on Monday, December 15th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, InvenTrust Properties presently has a consensus rating of “Moderate Buy” and an average price target of $32.17.

InvenTrust Properties Stock Down 0.4%

IVT stock opened at $31.09 on Thursday. The firm’s 50 day moving average price is $29.71 and its 200-day moving average price is $28.98. The firm has a market cap of $2.42 billion, a PE ratio of 21.74, a PEG ratio of 2.91 and a beta of 0.84. InvenTrust Properties has a one year low of $25.21 and a one year high of $31.91. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.17 and a current ratio of 1.17.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.42). InvenTrust Properties had a return on equity of 6.22% and a net margin of 37.24%.The business had revenue of $77.38 million for the quarter, compared to analyst estimates of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. On average, equities research analysts anticipate that InvenTrust Properties will post 1.79 EPS for the current year.

InvenTrust Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th were issued a $0.2377 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $0.95 annualized dividend and a dividend yield of 3.1%. InvenTrust Properties’s payout ratio is presently 66.43%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Loomis Sayles & Co. L P purchased a new stake in InvenTrust Properties in the 2nd quarter valued at approximately $26,000. Heritage Wealth Advisors purchased a new position in shares of InvenTrust Properties during the 2nd quarter worth approximately $34,000. EverSource Wealth Advisors LLC lifted its holdings 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 buying an additional 418 shares during the period. Global Retirement Partners LLC lifted its holdings in shares of InvenTrust Properties by 82.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after buying an additional 621 shares during the period. Finally, Avalon Trust Co purchased a new stake in shares of InvenTrust Properties in the third quarter valued at approximately $43,000. 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.