InvenTrust Properties (NYSE:IVT) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

InvenTrust Properties (NYSE:IVT) had its target price boosted by investment analysts at JPMorgan Chase & Co. from $31.00 to $33.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “hold neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 4.19% from the company’s current price.

Several other research analysts have also commented on IVT. Wells Fargo & Company boosted their price objective on InvenTrust Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. KeyCorp started coverage on InvenTrust Properties in a research report on Friday, March 6th. They issued an “overweight” rating and a $35.00 target price for the company. Finally, Wall Street Zen upgraded InvenTrust Properties from a “sell” rating to a “hold” rating in a research report on Saturday, April 18th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $33.20.

InvenTrust Properties Stock Down 0.9%

Shares of NYSE IVT opened at $31.67 on Wednesday. InvenTrust Properties has a 12 month low of $26.52 and a 12 month high of $33.19. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 22.46, a PEG ratio of 2.64 and a beta of 0.80. The business has a 50-day moving average of $31.45 and a 200-day moving average of $29.74.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.The company had revenue of $82.58 million during the quarter, compared to analyst estimates of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Sell-side analysts expect that InvenTrust Properties will post 1.97 earnings per share for the current fiscal year.

Institutional Trading of InvenTrust Properties

A number of hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position 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 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 during the last quarter. Avalon Trust Co bought a new stake in InvenTrust Properties in the third quarter valued at approximately $43,000. Danske Bank A S lifted its position in InvenTrust Properties by 220.0% in the fourth quarter. Danske Bank A S now owns 1,600 shares of the company’s stock valued at $45,000 after purchasing an additional 1,100 shares during the last quarter. Finally, Prosperity Bancshares Inc bought a new stake in InvenTrust Properties in the fourth quarter valued at approximately $47,000. Institutional investors own 61.70% of the company’s stock.

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.