InvenTrust Properties (NYSE:IVT) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS

InvenTrust Properties (NYSE:IVT) released its earnings results on Monday. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02), FiscalAI reports. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. The company had revenue of $82.83 million during the quarter, compared to analysts’ expectations of $82.44 million. InvenTrust Properties updated its FY 2026 guidance to 1.920-1.960 EPS.

InvenTrust Properties Stock Down 1.1%

Shares of IVT traded down $0.39 during mid-day trading on Monday, reaching $35.02. The company’s stock had a trading volume of 848,872 shares, compared to its average volume of 685,050. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.46 and a quick ratio of 1.46. InvenTrust Properties has a 12-month low of $26.81 and a 12-month high of $37.22. The stock has a market cap of $2.73 billion, a PE ratio of 24.84, a price-to-earnings-growth ratio of 2.90 and a beta of 0.78. The company’s 50 day moving average is $34.94 and its 200 day moving average is $32.35.

InvenTrust Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.25 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. InvenTrust Properties’s dividend payout ratio is presently 70.92%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on IVT. BTIG Research reaffirmed a “buy” rating and issued a $37.00 price target on shares of InvenTrust Properties in a research report on Friday, June 12th. JPMorgan Chase & Co. boosted their price objective on InvenTrust Properties from $31.00 to $33.00 and gave the stock a “hold neutral” rating in a research report on Wednesday, May 6th. Bank of America upped their target price on shares of InvenTrust Properties from $37.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Wells Fargo & Company set a $39.00 target price on shares of InvenTrust Properties and gave the company an “overweight” rating in a report on Thursday, July 23rd. Finally, Weiss Ratings downgraded shares of InvenTrust Properties from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $35.14.

Hedge Funds Weigh In On InvenTrust Properties

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IVT. EverSource Wealth Advisors LLC increased its stake in InvenTrust Properties by 44.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after purchasing an additional 418 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of InvenTrust Properties by 82.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after buying an additional 621 shares during the last quarter. Prosperity Bancshares Inc acquired a new position in shares of InvenTrust Properties in the 4th quarter valued at $47,000. Newbridge Financial Services Group Inc. boosted its holdings in shares of InvenTrust Properties by 208.4% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 1,696 shares of the company’s stock valued at $49,000 after buying an additional 1,146 shares in the last quarter. Finally, Ameriflex Group Inc. purchased a new position in shares of InvenTrust Properties in the 4th quarter valued at $57,000. 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.