Brokerages Set InvenTrust Properties Corp. (NYSE:IVT) Target Price at $34.71

Shares of InvenTrust Properties Corp. (NYSE:IVT) have earned a consensus rating of “Buy” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $34.7143.

Several equities research analysts have recently commented on the company. Weiss Ratings upgraded InvenTrust Properties from a “buy (b)” rating to a “buy (b+)” rating in a research note on Wednesday, July 15th. Wells Fargo & Company reiterated an “overweight” rating and issued a $36.00 price objective (up from $34.00) on shares of InvenTrust Properties in a research report on Tuesday, May 26th. Wall Street Zen cut shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday. Bank of America upped their price objective on shares of InvenTrust Properties from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. Finally, BTIG Research restated a “buy” rating and issued a $37.00 target price on shares of InvenTrust Properties in a research note on Friday, June 12th.

Institutional Investors Weigh In On InvenTrust Properties

A number of hedge funds have recently added to or reduced their stakes in the company. Deprince Race & Zollo Inc. acquired a new position in shares of InvenTrust Properties during the 4th quarter worth $26,941,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of InvenTrust Properties by 1,756.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 122,844 shares of the company’s stock valued at $3,465,000 after purchasing an additional 116,226 shares during the period. UBS Group AG lifted its stake in shares of InvenTrust Properties by 265.8% in the fourth quarter. UBS Group AG now owns 216,948 shares of the company’s stock valued at $6,120,000 after purchasing an additional 157,633 shares during the period. B&I Capital AG purchased a new stake in InvenTrust Properties during the fourth quarter worth about $8,442,000. Finally, SG Americas Securities LLC boosted its holdings in InvenTrust Properties by 721.9% during the fourth quarter. SG Americas Securities LLC now owns 227,312 shares of the company’s stock worth $6,412,000 after buying an additional 199,655 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

InvenTrust Properties Stock Performance

Shares of IVT stock opened at $36.57 on Friday. The stock’s 50-day moving average price is $34.21 and its 200 day moving average price is $31.87. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $2.85 billion, a PE ratio of 25.94, a price-to-earnings-growth ratio of 3.01 and a beta of 0.78. InvenTrust Properties has a 52-week low of $26.81 and a 52-week high of $37.22.

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

InvenTrust Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 30th. InvenTrust Properties’s payout ratio is 70.92%.

About InvenTrust Properties

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.