Comparing Regency Centers (NASDAQ:REG) and InvenTrust Properties (NYSE:IVT)

Regency Centers (NASDAQ:REG) and InvenTrust Properties (NYSE:IVT) are both real estate companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, earnings, profitability, dividends and analyst recommendations.

Dividends

Regency Centers pays an annual dividend of $3.02 per share and has a dividend yield of 4.2%. InvenTrust Properties pays an annual dividend of $1.00 per share and has a dividend yield of 3.4%. Regency Centers pays out 102.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. InvenTrust Properties pays out 500.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Regency Centers has increased its dividend for 5 consecutive years and InvenTrust Properties has increased its dividend for 4 consecutive years. Regency Centers is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Insider & Institutional Ownership

96.1% of Regency Centers shares are owned by institutional investors. Comparatively, 61.7% of InvenTrust Properties shares are owned by institutional investors. 1.0% of Regency Centers shares are owned by insiders. Comparatively, 0.7% of InvenTrust Properties shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Risk and Volatility

Regency Centers has a beta of 0.8, meaning that its stock price is 20% less volatile than the S&P 500. Comparatively, InvenTrust Properties has a beta of 0.77, meaning that its stock price is 23% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Regency Centers and InvenTrust Properties, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Regency Centers	0	8	8	2	2.67
InvenTrust Properties	0	2	4	1	2.86

Regency Centers currently has a consensus target price of $83.21, indicating a potential upside of 16.13%. InvenTrust Properties has a consensus target price of $35.14, indicating a potential upside of 18.18%. Given InvenTrust Properties’ stronger consensus rating and higher probable upside, analysts clearly believe InvenTrust Properties is more favorable than Regency Centers.

Valuation and Earnings

This table compares Regency Centers and InvenTrust Properties”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Regency Centers	$1.55 billion	8.44	$527.46 million	$2.95	24.29
InvenTrust Properties	$299.17 million	7.75	$111.42 million	$0.20	148.68

Regency Centers has higher revenue and earnings than InvenTrust Properties. Regency Centers is trading at a lower price-to-earnings ratio than InvenTrust Properties, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Regency Centers and InvenTrust Properties’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Regency Centers	34.38%	8.04%	4.26%
InvenTrust Properties	4.80%	0.85%	0.53%

Summary

Regency Centers beats InvenTrust Properties on 16 of the 18 factors compared between the two stocks.

About Regency Centers

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.

About InvenTrust Properties

InvenTrust Properties Corp. (the “Company,” “IVT,” or “InvenTrust”) is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component. Management pursues the Company’s business strategy by acquiring retail properties in Sun Belt markets, opportunistically disposing of retail properties, maintaining a flexible capital structure, and enhancing environmental, social and governance (“ESG”) practices and standards. A trusted, local operator bringing real estate expertise to its tenant relationships, IVT has built a strong reputation with market participants across its portfolio. IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark (“GRESB”) member since 2013.