InvenTrust Properties (NYSE:IVT) Reaches New 1-Year High – What’s Next?

Shares of InvenTrust Properties Corp. (NYSE:IVT) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $35.50 and last traded at $34.7560, with a volume of 1330617 shares changing hands. The stock had previously closed at $34.68.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on IVT shares. Wells Fargo & Company reissued an “overweight” rating and set a $36.00 price target (up from $34.00) on shares of InvenTrust Properties in a research report on Tuesday, May 26th. JPMorgan Chase & Co. upped their price target on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research report on Wednesday, May 6th. KeyCorp started coverage on InvenTrust Properties in a research report on Friday, March 6th. They set an “overweight” rating and a $35.00 price target on the stock. Weiss Ratings lowered InvenTrust Properties from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 3rd. Finally, Wall Street Zen lowered InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $34.17.

InvenTrust Properties Price Performance

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 company has a 50-day simple moving average of $32.22 and a two-hundred day simple moving average of $30.53. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 24.65, a price-to-earnings-growth ratio of 2.84 and a beta of 0.80.

InvenTrust Properties (NYSE:IVT) last issued its earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.01. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.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. On average, equities research analysts predict that InvenTrust Properties Corp. will post 1.99 earnings per share for the current year.

InvenTrust Properties Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $0.25 dividend. This is a boost from InvenTrust Properties’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, March 31st. InvenTrust Properties’s dividend payout ratio is 70.92%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. NewEdge Advisors LLC increased its holdings in shares of InvenTrust Properties by 24.0% during the first quarter. NewEdge Advisors LLC now owns 1,717 shares of the company’s stock valued at $52,000 after purchasing an additional 332 shares during the period. Bank of America Corp DE increased its holdings in shares of InvenTrust Properties by 27.9% during the first quarter. Bank of America Corp DE now owns 244,896 shares of the company’s stock valued at $7,460,000 after purchasing an additional 53,425 shares during the period. Amundi increased its holdings in shares of InvenTrust Properties by 0.9% during the first quarter. Amundi now owns 44,139 shares of the company’s stock valued at $1,344,000 after purchasing an additional 392 shares during the period. Quantinno Capital Management LP increased its holdings in shares of InvenTrust Properties by 264.2% during the first quarter. Quantinno Capital Management LP now owns 95,087 shares of the company’s stock valued at $2,896,000 after purchasing an additional 68,976 shares during the period. Finally, SummitTX Capital L.P. increased its holdings in shares of InvenTrust Properties by 11.9% during the first quarter. SummitTX Capital L.P. now owns 124,750 shares of the company’s stock valued at $3,800,000 after purchasing an additional 13,302 shares during the period. 61.70% of the stock is owned by institutional investors and hedge funds.

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.