InvenTrust Properties Corp. (NYSE:IVT) Receives $31.60 Average Target Price from Analysts

InvenTrust Properties Corp. (NYSE:IVT) has been given a consensus rating of “Moderate Buy” by the seven brokerages that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and four have assigned 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 $31.60.

A number of analysts have issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating and set a $33.00 price target (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of InvenTrust Properties in a research note on Monday, December 29th. Finally, Wall Street Zen lowered shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, November 8th.

Institutional Investors Weigh In On InvenTrust Properties

Institutional investors have recently modified their holdings of the company. Invesco Ltd. lifted its position in shares of InvenTrust Properties by 1.7% during the 4th quarter. Invesco Ltd. now owns 193,330 shares of the company’s stock worth $5,454,000 after buying an additional 3,240 shares during the last quarter. Corient Private Wealth LLC acquired a new stake in InvenTrust Properties during the 4th quarter worth $209,000. Ameriflex Group Inc. purchased a new stake in InvenTrust Properties in the fourth quarter valued at $57,000. Mercer Global Advisors Inc. ADV purchased a new stake in InvenTrust Properties in the fourth quarter valued at $254,000. Finally, VestGen Investment Management acquired a new position in InvenTrust Properties in the fourth quarter valued at $1,031,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

InvenTrust Properties Stock Up 0.4%

Shares of NYSE:IVT opened at $30.63 on Wednesday. The company has a market capitalization of $2.38 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 2.85 and a beta of 0.86. InvenTrust Properties has a 12-month low of $25.21 and a 12-month high of $31.50. The business has a 50-day moving average price of $29.24 and a 200 day moving average price of $28.74. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.46.

InvenTrust Properties (NYSE:IVT) last announced its earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.42). The company had revenue of $77.38 million for the quarter, compared to analysts’ expectations of $76.23 million. InvenTrust Properties had a return on equity of 6.22% and a net margin of 37.24%.InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. Sell-side analysts expect that InvenTrust Properties will post 1.79 EPS for the current year.

InvenTrust Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.2377 per share. This represents a $0.95 annualized dividend and a yield of 3.1%. The ex-dividend date was Tuesday, December 30th. InvenTrust Properties’s payout ratio is 66.43%.

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.