InvenTrust Properties (NYSE:IVT) & Kimco Realty (NYSE:KIM) Head-To-Head Review

InvenTrust Properties (NYSE:IVT) and Kimco Realty (NYSE:KIM) are both real estate companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, dividends, analyst recommendations, profitability, risk, institutional ownership and valuation.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for InvenTrust Properties and Kimco Realty, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
InvenTrust Properties	0	1	4	1	3.00
Kimco Realty	0	9	6	1	2.50

InvenTrust Properties currently has a consensus target price of $35.67, indicating a potential upside of 17.35%. Kimco Realty has a consensus target price of $26.29, indicating a potential upside of 18.36%. Given Kimco Realty’s higher probable upside, analysts plainly believe Kimco Realty is more favorable than InvenTrust Properties.

Dividends

InvenTrust Properties pays an annual dividend of $1.00 per share and has a dividend yield of 3.3%. Kimco Realty pays an annual dividend of $1.12 per share and has a dividend yield of 5.0%. 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. Kimco Realty pays out 131.8% 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 has raised its dividend for 4 consecutive years and Kimco Realty has raised its dividend for 2 consecutive years. Kimco Realty is clearly the better dividend stock, given its higher yield and lower payout ratio.

Risk and Volatility

InvenTrust Properties has a beta of 0.77, meaning that its stock price is 23% less volatile than the S&P 500. Comparatively, Kimco Realty has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500.

Earnings & Valuation

This table compares InvenTrust Properties and Kimco Realty”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
InvenTrust Properties	$299.17 million	7.92	$111.42 million	$0.20	151.97
Kimco Realty	$2.14 billion	6.96	$584.74 million	$0.85	26.14

Kimco Realty has higher revenue and earnings than InvenTrust Properties. Kimco Realty 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 InvenTrust Properties and Kimco Realty’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
InvenTrust Properties	4.80%	0.85%	0.53%
Kimco Realty	27.76%	5.76%	3.07%

Insider & Institutional Ownership

61.7% of InvenTrust Properties shares are owned by institutional investors. Comparatively, 89.2% of Kimco Realty shares are owned by institutional investors. 0.7% of InvenTrust Properties shares are owned by insiders. Comparatively, 2.2% of Kimco Realty shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Kimco Realty beats InvenTrust Properties on 13 of the 17 factors compared between the two stocks.

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.

About Kimco Realty

Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America’s largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers comprising 76 million square feet of leasable space primarily concentrated in the top major metropolitan markets.