InvenTrust Properties Corp. (NYSE:IVT) Given Average Rating of “Moderate Buy” by Brokerages

Shares of InvenTrust Properties Corp. (NYSE:IVT) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $32.3333.

IVT has been the subject of several recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of InvenTrust Properties in a report on Monday, December 29th. Wall Street Zen lowered InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Sunday, March 15th. Wells Fargo & Company upped their target price on InvenTrust Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Thursday. Jefferies Financial Group reaffirmed a “buy” rating and issued a $33.00 target price (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Finally, KeyCorp started coverage on InvenTrust Properties in a report on Friday, March 6th. They set an “overweight” rating and a $35.00 price target on the stock.

InvenTrust Properties Stock Performance

IVT opened at $30.60 on Friday. InvenTrust Properties has a twelve month low of $25.21 and a twelve month high of $32.63. The firm has a market capitalization of $2.38 billion, a PE ratio of 21.40, a PEG ratio of 2.90 and a beta of 0.84. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.46. The firm’s 50-day moving average price is $30.27 and its 200 day moving average price is $29.10.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.42). InvenTrust Properties had a net margin of 37.24% and a return on equity of 6.22%. The business had revenue of $77.38 million during the quarter, compared to analyst estimates of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. As a group, sell-side analysts expect that InvenTrust Properties will post 1.79 EPS for the current fiscal year.

InvenTrust Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.3%. This is a boost from InvenTrust Properties’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Tuesday, March 31st. InvenTrust Properties’s payout ratio is presently 66.43%.

Institutional Trading of InvenTrust Properties

Several hedge funds have recently made changes to their positions in IVT. Loomis Sayles & Co. L P purchased a new stake in shares of InvenTrust Properties during the 2nd quarter valued at approximately $26,000. Heritage Wealth Advisors purchased a new position in InvenTrust Properties in the second quarter worth approximately $34,000. EverSource Wealth Advisors LLC increased its stake in InvenTrust Properties by 44.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock worth $38,000 after acquiring an additional 418 shares during the last quarter. Global Retirement Partners LLC increased its stake in InvenTrust Properties by 82.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after acquiring an additional 621 shares during the last quarter. Finally, Avalon Trust Co purchased a new stake in InvenTrust Properties in the third quarter valued at $43,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Company Profile

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.