InvenTrust Properties (IVT) Expected to Announce Quarterly Earnings on Wednesday

InvenTrust Properties (NYSE:IVT - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $73.15 million for the quarter. InvenTrust Properties has set its FY 2025 guidance at 1.790-1.830 EPS.

InvenTrust Properties (NYSE:IVT - Get Free Report) last announced its earnings results on Tuesday, February 11th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.04 by $0.39. InvenTrust Properties had a return on equity of 0.83% and a net margin of 4.99%. On average, analysts expect InvenTrust Properties to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

InvenTrust Properties Price Performance

IVT stock traded up $0.03 during midday trading on Monday, reaching $27.76. 41,348 shares of the company's stock traded hands, compared to its average volume of 414,434. The company has a 50-day simple moving average of $28.48 and a two-hundred day simple moving average of $29.49. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.42. InvenTrust Properties has a 1-year low of $23.69 and a 1-year high of $31.65. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 154.28, a PEG ratio of 3.34 and a beta of 0.93.

InvenTrust Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.2376 dividend. The ex-dividend date was Monday, March 31st. This is a positive change from InvenTrust Properties's previous quarterly dividend of $0.23. This represents a $0.95 dividend on an annualized basis and a dividend yield of 3.42%. InvenTrust Properties's dividend payout ratio (DPR) is 527.78%.

Wall Street Analyst Weigh In

A number of brokerages have commented on IVT. BTIG Research initiated coverage on shares of InvenTrust Properties in a report on Monday. They set a "buy" rating and a $31.00 price objective on the stock. Wells Fargo & Company lowered their price target on shares of InvenTrust Properties from $33.00 to $32.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Jefferies Financial Group raised InvenTrust Properties from a "hold" rating to a "buy" rating and upped their price objective for the stock from $33.00 to $34.00 in a report on Thursday, January 2nd. Finally, Wolfe Research started coverage on InvenTrust Properties in a research note on Thursday, March 20th. They issued a "peer perform" rating for the company. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $31.80.

About InvenTrust Properties

InvenTrust Properties Corp. (the "Company," "IVT," or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.