InvenTrust Properties (NYSE:IVT) Given "Buy" Rating at BTIG Research

Key Points

• BTIG Research reiterated its “Buy” rating on InvenTrust Properties and set a $37 price target, implying 13.36% upside from the stock’s $32.64 opening price.
• Analyst sentiment is broadly positive, with a “Moderate Buy” consensus rating and an average target price of $35.14; however, one analyst downgraded the stock to “Sell.”
• InvenTrust reported quarterly EPS of $0.02, missing the $0.04 consensus estimate, while revenue of $82.83 million slightly exceeded expectations. Institutional investors own 61.70% of the company.

InvenTrust Properties (NYSE:IVT - Get Free Report)'s stock had its "buy" rating restated by equities researchers at BTIG Research in a report issued on Friday,Benzinga reports. They presently have a $37.00 target price on the stock. BTIG Research's price objective suggests a potential upside of 13.36% from the company's current price.

IVT has been the subject of several other reports. Wells Fargo & Company set a $39.00 target price on InvenTrust Properties and gave the company an "overweight" rating in a report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on InvenTrust Properties from $31.00 to $33.00 and gave the company a "hold neutral" rating in a research report on Wednesday, May 6th. Bank of America increased their price objective on InvenTrust Properties from $37.00 to $38.00 and gave the stock a "buy" rating in a research note on Monday, June 29th. Wall Street Zen cut InvenTrust Properties from a "hold" rating to a "sell" rating in a research note on Saturday, July 18th. Finally, Jefferies Financial Group upgraded InvenTrust Properties to a "strong-buy" rating in a report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $35.14.

InvenTrust Properties Stock Down 0.1%

IVT opened at $32.64 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.73 and a quick ratio of 1.73. InvenTrust Properties has a 12 month low of $26.81 and a 12 month high of $37.22. The stock's 50 day moving average price is $34.75 and its 200 day moving average price is $32.88. The stock has a market cap of $2.55 billion, a P/E ratio of 163.20, a P/E/G ratio of 2.66 and a beta of 0.78.

InvenTrust Properties (NYSE:IVT - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). The company had revenue of $82.83 million for the quarter, compared to the consensus estimate of $82.44 million. InvenTrust Properties had a net margin of 4.80% and a return on equity of 0.85%. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, research analysts predict that InvenTrust Properties will post 1.95 earnings per share for the current year.

Hedge Funds Weigh In On InvenTrust Properties

Institutional investors have recently bought and sold shares of the stock. Cassaday & Co Wealth Management LLC acquired a new stake in InvenTrust Properties in the 1st quarter worth approximately $29,000. EverSource Wealth Advisors LLC raised its position 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 purchasing an additional 418 shares during the period. Nykredit A S bought a new position in shares of InvenTrust Properties in the second quarter valued at approximately $39,000. Global Retirement Partners LLC lifted its stake in shares of InvenTrust Properties by 82.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company's stock worth $39,000 after buying an additional 621 shares during the last quarter. Finally, Danske Bank A S boosted its holdings in shares of InvenTrust Properties by 220.0% during the 4th quarter. Danske Bank A S now owns 1,600 shares of the company's stock worth $45,000 after buying an additional 1,100 shares during the period. 61.70% of the stock is currently owned by 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.

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