InvenTrust Properties Corp. (NYSE:IVT) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give InvenTrust Properties a “Moderate Buy” consensus rating: Four analysts recommend buying, one strongly recommends buying, and two rate it a hold. The average 12-month price target is $35.00.
• InvenTrust reported quarterly EPS of $0.02, below the $0.04 consensus estimate, while revenue of $82.83 million slightly exceeded expectations. The company maintained annualized dividends of $1.00 per share, implying a 3.1% yield.
• Institutional ownership stands at 61.7%, with several major investors significantly increasing their positions. Shares recently opened at $32.56, compared with a 52-week range of $26.81 to $37.22.

InvenTrust Properties Corp. (NYSE:IVT - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $35.00.

Several brokerages have commented on IVT. Jefferies Financial Group upgraded shares of InvenTrust Properties to a "strong-buy" rating in a report on Friday, June 26th. Weiss Ratings cut shares of InvenTrust Properties from a "buy (b)" rating to a "hold (c)" rating in a report on Thursday, August 13th. Wells Fargo & Company set a $38.00 price objective on shares of InvenTrust Properties and gave the stock an "overweight" rating in a report on Tuesday. Bank of America boosted their price objective on shares of InvenTrust Properties from $37.00 to $38.00 and gave the company a "buy" rating in a research report on Monday, June 29th. Finally, BTIG Research reaffirmed a "buy" rating and issued a $37.00 target price on shares of InvenTrust Properties in a research note on Friday, August 28th.

InvenTrust Properties Stock Performance

IVT stock opened at $32.56 on Friday. InvenTrust Properties has a 1-year low of $26.81 and a 1-year high of $37.22. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.62. The firm has a market cap of $2.54 billion, a PE ratio of 162.80, a P/E/G ratio of 2.66 and a beta of 0.77. The business's 50-day moving average price is $34.43 and its two-hundred day moving average price is $32.95.

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

InvenTrust Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Tuesday, June 30th. InvenTrust Properties's payout ratio is 500.00%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. California State Teachers Retirement System raised its position in InvenTrust Properties by 4,358.1% in the 2nd quarter. California State Teachers Retirement System now owns 3,151,308 shares of the company's stock valued at $111,556,000 after buying an additional 3,080,621 shares during the last quarter. Principal Financial Group Inc. boosted its position in InvenTrust Properties by 24.9% during the 1st quarter. Principal Financial Group Inc. now owns 7,729,381 shares of the company's stock worth $235,438,000 after acquiring an additional 1,539,672 shares during the last quarter. Centersquare Investment Management LLC grew its stake in shares of InvenTrust Properties by 600.3% during the 4th 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 in the last quarter. Vision Capital Corp grew its stake in shares of InvenTrust Properties by 182.7% during the 2nd 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 in the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of InvenTrust Properties by 1,843.1% in the second quarter. Wellington Management Group LLP now owns 647,037 shares of the company's stock valued at $22,905,000 after purchasing an additional 613,738 shares during the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

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.

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