InvenTrust Properties (NYSE:IVT) Announces Quarterly Earnings Results

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

InvenTrust Properties Stock Down 1.1%

NYSE IVT opened at $35.02 on Tuesday. InvenTrust Properties has a twelve month low of $26.81 and a twelve month high of $37.22. The stock has a market cap of $2.73 billion, a PE ratio of 24.84, a PEG ratio of 2.90 and a beta of 0.78. The firm has a 50-day simple moving average of $34.98 and a 200 day simple moving average of $32.39. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.46.

InvenTrust Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.25 per share. The ex-dividend date of this dividend 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 currently 70.92%.

Hedge Funds Weigh In On InvenTrust Properties

Several large investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its holdings in shares of InvenTrust Properties by 44.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock worth $38,000 after purchasing an additional 418 shares in the last quarter. Global Retirement Partners LLC raised its stake in shares of InvenTrust Properties by 82.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after purchasing an additional 621 shares in the last quarter. Prosperity Bancshares Inc acquired a new position in shares of InvenTrust Properties in the fourth quarter valued at $47,000. Newbridge Financial Services Group Inc. lifted its position in InvenTrust Properties by 208.4% in the third quarter. Newbridge Financial Services Group Inc. now owns 1,696 shares of the company’s stock worth $49,000 after purchasing an additional 1,146 shares during the period. Finally, Ameriflex Group Inc. bought a new position in shares of InvenTrust Properties during the 4th quarter worth about $57,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on IVT shares. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. BTIG Research reaffirmed a “buy” rating and set a $37.00 target price on shares of InvenTrust Properties in a research report on Friday, June 12th. Jefferies Financial Group upgraded InvenTrust Properties to a “strong-buy” rating in a report on Friday, June 26th. Wells Fargo & Company set a $39.00 price objective on shares of InvenTrust Properties and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Finally, JPMorgan Chase & Co. raised 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. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, InvenTrust Properties currently has a consensus rating of “Buy” and an average price target of $35.14.

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.