InvenTrust Properties Corp. (NYSE:IVT) Receives $34.57 Consensus PT from Analysts

InvenTrust Properties Corp. (NYSE:IVT) has been assigned an average recommendation of “Buy” from the seven research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $34.5714.

A number of equities analysts recently issued reports on IVT shares. KeyCorp initiated coverage on InvenTrust Properties in a report on Friday, March 6th. They issued an “overweight” rating and a $35.00 price target for the company. JPMorgan Chase & Co. increased their price objective on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a report on Wednesday, May 6th. Bank of America increased their price objective on InvenTrust Properties from $36.00 to $37.00 and gave the company a “buy” rating in a report on Friday, May 29th. Wall Street Zen raised InvenTrust Properties from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $36.00 price objective (up from $34.00) on shares of InvenTrust Properties in a report on Tuesday, May 26th.

Institutional Investors Weigh In On InvenTrust Properties

Several large investors have recently modified their holdings of the stock. Hudson Bay Capital Management LP acquired a new stake in InvenTrust Properties in the third quarter valued at $23,581,000. Northwestern Mutual Wealth Management Co. lifted its holdings in InvenTrust Properties by 1,756.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 122,844 shares of the company’s stock valued at $3,465,000 after acquiring an additional 116,226 shares during the period. Deprince Race & Zollo Inc. acquired a new stake in InvenTrust Properties in the fourth quarter valued at $26,941,000. Vision Capital Corp lifted its holdings in InvenTrust Properties by 11.8% in the third quarter. Vision Capital Corp now owns 1,105,874 shares of the company’s stock valued at $31,650,000 after acquiring an additional 116,402 shares during the period. Finally, Centersquare Investment Management LLC acquired a new stake in InvenTrust Properties in the third quarter valued at $5,263,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Stock Up 0.9%

Shares of NYSE:IVT opened at $36.20 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market capitalization of $2.82 billion, a PE ratio of 25.67, a price-to-earnings-growth ratio of 2.96 and a beta of 0.80. The firm’s 50-day moving average is $33.09 and its two-hundred day moving average is $31.06. InvenTrust Properties has a 1 year low of $26.52 and a 1 year high of $36.27.

InvenTrust Properties (NYSE:IVT) last released its earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. The firm had revenue of $82.58 million for the quarter, compared to analyst estimates of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Analysts predict that InvenTrust Properties will post 1.99 EPS for the current year.

InvenTrust Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, June 30th. InvenTrust Properties’s dividend payout ratio is presently 70.92%.

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.