InvenTrust Properties Corp. (NYSE:IVT) Stock Has Consensus Price Target of $35.67

Shares of InvenTrust Properties Corp. (NYSE:IVT – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $35.14.

Several research firms have weighed in on IVT. Wells Fargo & Company set a $38.00 price objective on shares of InvenTrust Properties and gave the stock an “overweight” rating in a report on Tuesday, September 1st. BTIG Research reiterated a “buy” rating and set a $37.00 price objective on shares of InvenTrust Properties in a report on Friday, August 28th. Wall Street Zen lowered shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Weiss Ratings lowered shares of InvenTrust Properties from a “buy (b)” rating to a “hold (c)” rating in a report on Thursday, August 13th. Finally, Jefferies Financial Group raised shares of InvenTrust Properties to a “strong-buy” rating in a research report on Friday, June 26th.

Get Our Latest Report on InvenTrust Properties

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of IVT. Public Employees Retirement System of Ohio purchased a new position in InvenTrust Properties during the second quarter worth about $3,209,000. Sei Investments Co. raised its holdings in shares of InvenTrust Properties by 61.7% in the 1st quarter. Sei Investments Co. now owns 106,373 shares of the company’s stock valued at $3,240,000 after acquiring an additional 40,600 shares in the last quarter. Quantinno Capital Management LP raised its holdings in shares of InvenTrust Properties by 264.2% in the 1st quarter. Quantinno Capital Management LP now owns 95,087 shares of the company’s stock valued at $2,896,000 after acquiring an additional 68,976 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of InvenTrust Properties during the 2nd quarter valued at about $4,006,000. Finally, Wellington Management Group LLP boosted its position in shares of InvenTrust Properties by 1,843.1% during the 2nd quarter. Wellington Management Group LLP now owns 647,037 shares of the company’s stock valued at $22,905,000 after acquiring an additional 613,738 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

InvenTrust Properties Stock Up 0.2%

InvenTrust Properties stock opened at $30.43 on Thursday. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.62. InvenTrust Properties has a 12-month low of $26.81 and a 12-month high of $37.22. The firm’s fifty day moving average is $32.56 and its 200 day moving average is $32.97. The company has a market capitalization of $2.37 billion, a PE ratio of 152.14, a PEG ratio of 2.47 and a beta of 0.77.

InvenTrust Properties (NYSE:IVT – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). 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 0.85% and a net margin of 4.80%.InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, sell-side analysts predict that InvenTrust Properties will post 1.95 EPS for the current fiscal year.

InvenTrust Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. InvenTrust Properties’s dividend payout ratio is 500.00%.

InvenTrust Properties Company Profile

(Get Free Report)

InvenTrust Properties Corp. (NYSE: IVT) is a self-managed real estate investment trust that owns, manages and develops open-air, grocery-anchored shopping centers. Its properties are designed to serve everyday consumer needs and typically include supermarkets, restaurants, pharmacies, fitness operators, service providers and other essential retailers.

The company focuses primarily on high-growth markets across the Sun Belt, with properties in communities throughout the Southern and Western United States.

Further Reading

Analyst Recommendations for InvenTrust Properties (NYSE:IVT)

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