InvenTrust Properties (NYSE:IVT) Sets New 12-Month High – What’s Next?

InvenTrust Properties Corp. (NYSE:IVT) hit a new 52-week high during trading on Thursday . The company traded as high as $31.91 and last traded at $31.4570, with a volume of 11004 shares trading hands. The stock had previously closed at $31.42.

Analyst Ratings Changes

A number of brokerages have weighed in on IVT. 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of InvenTrust Properties in a report on Monday, December 29th. Finally, Wall Street Zen lowered shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, InvenTrust Properties has an average rating of “Moderate Buy” and a consensus target price of $31.60.

InvenTrust Properties Price Performance

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 company has a market capitalization of $2.42 billion, a P/E ratio of 21.80, a P/E/G ratio of 2.92 and a beta of 0.86. The company has a 50 day moving average price of $29.47 and a 200 day moving average price of $28.87.

InvenTrust Properties (NYSE:IVT) last posted its quarterly earnings results 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 return on equity of 6.22% and a net margin of 37.24%.The company had revenue of $77.38 million during the quarter, compared to the consensus estimate of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. On average, equities analysts predict that InvenTrust Properties Corp. will post 1.79 EPS for the current fiscal year.

InvenTrust Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Tuesday, December 30th were paid a $0.2377 dividend. This represents a $0.95 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Tuesday, December 30th. InvenTrust Properties’s payout ratio is currently 66.43%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in shares of InvenTrust Properties by 30.8% in the 4th quarter. Principal Financial Group Inc. now owns 6,189,709 shares of the company’s stock worth $174,612,000 after acquiring an additional 1,456,918 shares during the last quarter. Centersquare Investment Management LLC grew its position in InvenTrust Properties by 600.3% during the 4th quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company’s stock worth $36,329,000 after acquiring an additional 1,103,911 shares during the last quarter. Deprince Race & Zollo Inc. bought a new stake in InvenTrust Properties in the fourth quarter valued at approximately $26,941,000. Hudson Bay Capital Management LP bought a new position in shares of InvenTrust Properties during the third quarter valued at approximately $23,581,000. Finally, Vision Capital Corp lifted its position in shares of InvenTrust Properties by 182.7% in the 2nd quarter. Vision Capital Corp now owns 989,472 shares of the company’s stock worth $27,112,000 after purchasing an additional 639,472 shares during the period. 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.