InvenTrust Properties (NYSE:IVT) Sets New 12-Month High – What’s Next?

InvenTrust Properties Corp. (NYSE:IVT)’s stock price reached a new 52-week high on Friday . The stock traded as high as $36.17 and last traded at $35.8640, with a volume of 24351 shares changing hands. The stock had previously closed at $35.88.

Analyst Upgrades and Downgrades

IVT has been the subject of a number of research analyst reports. BTIG Research reissued a “buy” rating and issued a $37.00 price target on shares of InvenTrust Properties in a research report on Friday, June 12th. Bank of America boosted their price objective on shares of InvenTrust Properties from $36.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, May 29th. JPMorgan Chase & Co. upped their price objective on shares of InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $36.00 target price (up from $34.00) on shares of InvenTrust Properties in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, InvenTrust Properties currently has an average rating of “Buy” and a consensus target price of $34.57.

InvenTrust Properties Stock Performance

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 50-day simple moving average of $33.00 and a two-hundred day simple moving average of $31.03. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 25.58, a price-to-earnings-growth ratio of 2.90 and a beta of 0.80.

InvenTrust Properties (NYSE:IVT) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The business had revenue of $82.58 million during the quarter, compared to analyst estimates of $78.79 million. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, sell-side analysts forecast that InvenTrust Properties Corp. will post 1.99 earnings per share for the current fiscal year.

InvenTrust Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.25 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 2.8%. InvenTrust Properties’s payout ratio is 70.92%.

Institutional Trading of InvenTrust Properties

Large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC raised its holdings in shares of InvenTrust Properties by 24.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,717 shares of the company’s stock valued at $52,000 after purchasing an additional 332 shares in the last quarter. Bank of America Corp DE boosted its holdings in InvenTrust Properties by 27.9% in the first quarter. Bank of America Corp DE now owns 244,896 shares of the company’s stock worth $7,460,000 after purchasing an additional 53,425 shares in the last quarter. Amundi boosted its holdings in InvenTrust Properties by 0.9% in the first quarter. Amundi now owns 44,139 shares of the company’s stock worth $1,344,000 after purchasing an additional 392 shares in the last quarter. Quantinno Capital Management LP increased its position in InvenTrust Properties by 264.2% during the first quarter. Quantinno Capital Management LP now owns 95,087 shares of the company’s stock worth $2,896,000 after buying an additional 68,976 shares during the last quarter. Finally, SummitTX Capital L.P. increased its position in InvenTrust Properties by 11.9% during the first quarter. SummitTX Capital L.P. now owns 124,750 shares of the company’s stock worth $3,800,000 after buying an additional 13,302 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

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.