InvenTrust Properties (NYSE:IVT) Updates FY 2025 Earnings Guidance

Key Points

• InvenTrust Properties has issued FY 2025 earnings guidance of $1.790 to $1.830 per share, slightly below the consensus estimate of $1.834.
• The company recently announced a dividend increase, with a quarterly dividend of $0.2377 paid, representing an annualized yield of 3.40%.
• Equities research analysts have a consensus rating of "Moderate Buy" for InvenTrust Properties, with an average price target of $31.80.

InvenTrust Properties (NYSE:IVT - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.790-1.830 for the period, compared to the consensus estimate of 1.834. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Separately, BTIG Research started coverage on InvenTrust Properties in a report on Monday, April 28th. They issued a "buy" rating and a $31.00 price target for the company. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $31.80.

InvenTrust Properties Stock Performance

Shares of NYSE IVT traded down $0.57 during mid-day trading on Friday, hitting $27.00. The stock had a trading volume of 755,872 shares, compared to its average volume of 423,593. The firm has a market cap of $2.10 billion, a PE ratio of 18.75, a PEG ratio of 3.16 and a beta of 0.88. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.43 and a current ratio of 5.26. The company has a 50 day moving average of $27.59 and a two-hundred day moving average of $28.33. InvenTrust Properties has a twelve month low of $25.21 and a twelve month high of $31.65.

InvenTrust Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a dividend of $0.2377 per share. This represents a $0.95 dividend on an annualized basis and a dividend yield of 3.5%. This is a positive change from InvenTrust Properties's previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Monday, June 30th. InvenTrust Properties's dividend payout ratio is presently 65.97%.

Institutional Investors Weigh In On InvenTrust Properties

A number of large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its stake in shares of InvenTrust Properties by 66.0% in the first quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company's stock worth $20,420,000 after buying an additional 276,474 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of InvenTrust Properties by 443.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 586,825 shares of the company's stock valued at $17,235,000 after purchasing an additional 478,887 shares in the last quarter. Intech Investment Management LLC lifted its stake in shares of InvenTrust Properties by 43.5% in the 1st quarter. Intech Investment Management LLC now owns 48,631 shares of the company's stock valued at $1,428,000 after purchasing an additional 14,745 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in InvenTrust Properties by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,121 shares of the company's stock worth $1,355,000 after buying an additional 2,014 shares in the last quarter. Finally, Amundi grew its position in InvenTrust Properties by 9.8% during the first quarter. Amundi now owns 45,205 shares of the company's stock valued at $1,268,000 after buying an additional 4,018 shares during the period. Hedge funds and other institutional investors own 61.70% of the company's stock.

InvenTrust Properties Company Profile

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.