InvenTrust Properties (NYSE:IVT) Releases Quarterly Earnings Results

InvenTrust Properties (NYSE:IVTGet Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.42), FiscalAI reports. 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 the consensus estimate of $76.23 million. InvenTrust Properties updated its FY 2026 guidance to 1.910-1.950 EPS.

InvenTrust Properties Stock Performance

NYSE IVT traded up $0.17 on Thursday, reaching $30.74. 70,756 shares of the company’s stock traded hands, compared to its average volume of 483,531. InvenTrust Properties has a fifty-two week low of $25.21 and a fifty-two week high of $31.50. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.68 and a current ratio of 1.68. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 21.49, a P/E/G ratio of 3.21 and a beta of 0.86. The stock has a 50 day moving average price of $28.95 and a 200-day moving average price of $28.59.

InvenTrust Properties Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on IVT. JPMorgan Chase & Co. started coverage on InvenTrust Properties in a research report on Friday, October 17th. They set a “neutral” rating and a $30.00 price target on the stock. Wells Fargo & Company started coverage on InvenTrust Properties in a research note on Tuesday, October 21st. They set an “overweight” rating and a $33.00 price objective for the company. Jefferies Financial Group reiterated a “buy” rating and issued a $33.00 target price (up previously from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.60.

Read Our Latest Report on InvenTrust Properties

Institutional Trading of InvenTrust Properties

Hedge funds have recently modified their holdings of the stock. Comerica Bank increased its holdings in shares of InvenTrust Properties by 80.5% during the 1st quarter. Comerica Bank now owns 2,245 shares of the company’s stock valued at $66,000 after purchasing an additional 1,001 shares in the last quarter. Amundi raised its stake in shares of InvenTrust Properties by 9.8% during the 1st quarter. Amundi now owns 45,205 shares of the company’s stock worth $1,268,000 after buying an additional 4,018 shares during the period. AQR Capital Management LLC grew its position in shares of InvenTrust Properties by 29.3% in the first quarter. AQR Capital Management LLC now owns 10,282 shares of the company’s stock valued at $302,000 after purchasing an additional 2,331 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of InvenTrust Properties by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,121 shares of the company’s stock worth $1,355,000 after purchasing an additional 2,014 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in InvenTrust Properties by 66.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock valued at $20,420,000 after buying an additional 276,474 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Company Profile

(Get Free Report)

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.

See Also

Earnings History for InvenTrust Properties (NYSE:IVT)

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