InvenTrust Properties Corp. (IVT) To Go Ex-Dividend on June 30th

InvenTrust Properties Corp. (NYSE:IVT) declared a quarterly dividend on Monday, June 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.25 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, June 30th.

InvenTrust Properties has raised its dividend by an average of 0.4%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. InvenTrust Properties has a payout ratio of 312.5% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect InvenTrust Properties to earn $2.09 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 47.8%.

InvenTrust Properties Stock Up 0.9%

Shares of NYSE:IVT opened at $36.20 on Friday. InvenTrust Properties has a 1 year low of $26.52 and a 1 year high of $36.27. The company has a market capitalization of $2.82 billion, a PE ratio of 25.67, a price-to-earnings-growth ratio of 2.96 and a beta of 0.80. The business has a fifty day moving average price of $33.09 and a two-hundred day moving average price of $31.06. 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 (NYSE:IVT) last released its earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $82.58 million during the quarter, compared to the consensus estimate of $78.79 million. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Analysts forecast that InvenTrust Properties will post 1.99 earnings per share for the current year.

Hedge Funds Weigh In On InvenTrust Properties

A number of large investors have recently made changes to their positions in the stock. Cassaday & Co Wealth Management LLC bought a new stake in shares of InvenTrust Properties during the 1st quarter valued at $29,000. EverSource Wealth Advisors LLC lifted its holdings in 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 boosted its stake in InvenTrust Properties by 82.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after purchasing an additional 621 shares during the period. Danske Bank A S grew its holdings in InvenTrust Properties by 220.0% during the 4th quarter. Danske Bank A S now owns 1,600 shares of the company’s stock valued at $45,000 after buying an additional 1,100 shares in the last quarter. Finally, Prosperity Bancshares Inc purchased a new position in InvenTrust Properties during the 4th quarter valued at about $47,000. 61.70% of the stock is owned by institutional investors.

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.