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InvenTrust Properties (NYSE:IVT) Given New $33.00 Price Target at JPMorgan Chase & Co.

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Key Points

  • JPMorgan raised InvenTrust Properties' price target to $33 (from $31) while maintaining a "hold/neutral" rating, and other analysts (KeyCorp, Wells Fargo) have issued more bullish targets — the consensus is a Moderate Buy with an average target of $33.20.
  • Shares traded at $31.99 (down ~0.4%); the company beat Q1 estimates with $0.07 EPS (vs. $0.06) and $82.58M revenue, issued FY2026 EPS guidance of 1.920–1.960 (analysts average 1.97), and currently has a market cap of $2.49B and a P/E of 22.69.
  • Five stocks to consider instead of InvenTrust Properties.

InvenTrust Properties (NYSE:IVT - Get Free Report) had its price objective upped by research analysts at JPMorgan Chase & Co. from $31.00 to $33.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a "hold neutral" rating on the stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 3.15% from the stock's previous close.

A number of other equities research analysts have also recently issued reports on IVT. KeyCorp started coverage on InvenTrust Properties in a research note on Friday, March 6th. They set an "overweight" rating and a $35.00 price objective on the stock. Wall Street Zen raised InvenTrust Properties from a "sell" rating to a "hold" rating in a research report on Saturday, April 18th. Finally, Wells Fargo & Company raised their price objective on InvenTrust Properties from $33.00 to $34.00 and gave the company an "overweight" rating in a research report on Thursday, March 19th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $33.20.

Read Our Latest Stock Analysis on IVT

InvenTrust Properties Stock Down 0.4%

Shares of InvenTrust Properties stock traded down $0.13 on Wednesday, reaching $31.99. 461,060 shares of the company were exchanged, compared to its average volume of 482,501. InvenTrust Properties has a one year low of $26.52 and a one year high of $33.19. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 22.69, a PEG ratio of 3.00 and a beta of 0.80. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average of $31.41 and a 200 day moving average of $29.68.

InvenTrust Properties (NYSE:IVT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.The company had revenue of $82.58 million for the quarter, compared to analysts' expectations of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. On average, equities research analysts forecast that InvenTrust Properties will post 1.97 earnings per share for the current year.

Institutional Trading of InvenTrust Properties

Several hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its holdings in InvenTrust Properties by 44.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company's stock worth $38,000 after purchasing an additional 418 shares during the last quarter. Lazard Asset Management LLC lifted its holdings in InvenTrust Properties by 1.0% during the 2nd quarter. Lazard Asset Management LLC now owns 47,391 shares of the company's stock worth $1,298,000 after purchasing an additional 465 shares during the last quarter. Gallacher Capital Management LLC lifted its holdings in InvenTrust Properties by 6.1% during the 3rd quarter. Gallacher Capital Management LLC now owns 8,747 shares of the company's stock worth $250,000 after purchasing an additional 500 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in InvenTrust Properties by 33.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,269 shares of the company's stock worth $64,000 after purchasing an additional 570 shares during the last quarter. Finally, International Assets Investment Management LLC increased its stake in InvenTrust Properties by 7.5% during the 4th quarter. International Assets Investment Management LLC now owns 8,138 shares of the company's stock worth $230,000 after acquiring an additional 571 shares during the period. 61.70% of the stock is owned by institutional investors and hedge funds.

About InvenTrust Properties

(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.

Further Reading

Analyst Recommendations for InvenTrust Properties (NYSE:IVT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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