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

InvenTrust Properties Corp. (NYSE:IVT) has earned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $34.1667.

IVT has been the subject of several recent research reports. Bank of America raised their price objective on shares of InvenTrust Properties from $36.00 to $37.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Weiss Ratings raised shares of InvenTrust Properties from a “buy (b)” rating to a “buy (b+)” rating in a research note on Wednesday, May 20th. JPMorgan Chase & Co. raised their price objective on shares of InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research note on Wednesday, May 6th. Wall Street Zen lowered shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, KeyCorp initiated coverage on shares of InvenTrust Properties in a research note on Friday, March 6th. They issued an “overweight” rating and a $35.00 price objective for the company.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IVT. Principal Financial Group Inc. boosted its stake in shares of InvenTrust Properties by 24.9% in the first quarter. Principal Financial Group Inc. now owns 7,729,381 shares of the company’s stock valued at $235,438,000 after purchasing an additional 1,539,672 shares during the period. Centersquare Investment Management LLC lifted its stake in InvenTrust Properties by 600.3% in the fourth quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company’s stock worth $36,329,000 after acquiring an additional 1,103,911 shares during the last quarter. Deprince Race & Zollo Inc. purchased a new position in InvenTrust Properties in the fourth quarter worth approximately $26,941,000. Hudson Bay Capital Management LP purchased a new position in InvenTrust Properties in the third quarter worth approximately $23,581,000. Finally, Vision Capital Corp lifted its stake in InvenTrust Properties by 182.7% in the second quarter. Vision Capital Corp now owns 989,472 shares of the company’s stock worth $27,112,000 after acquiring an additional 639,472 shares during the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Price Performance

Shares of IVT opened at $32.96 on Friday. InvenTrust Properties has a 1-year low of $26.52 and a 1-year high of $33.47. The stock has a market cap of $2.57 billion, a PE ratio of 23.37, a P/E/G ratio of 2.67 and a beta of 0.80. The firm has a 50-day simple moving average of $31.92 and a two-hundred day simple moving average of $30.35. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.46 and a quick ratio of 1.46.

InvenTrust Properties (NYSE:IVT) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. The business 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, analysts forecast that InvenTrust Properties will post 1.99 EPS for the current year.

InvenTrust Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a dividend yield of 3.0%. 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.