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

Shares of InvenTrust Properties Corp. (NYSE:IVT) have received a consensus rating of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat.com 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 1-year price target among analysts that have updated their coverage on the stock in the last year is $35.14.

A number of research firms recently weighed in on IVT. Wells Fargo & Company set a $38.00 target price on shares of InvenTrust Properties and gave the company an “overweight” rating in a report on Tuesday, September 1st. Truist Financial set a $32.00 price target on shares of InvenTrust Properties and gave the company a “hold” rating in a research note on Thursday, October 1st. BTIG Research reiterated a “buy” rating and set a $37.00 price objective on shares of InvenTrust Properties in a research report on Friday, August 28th. Jefferies Financial Group upgraded shares of InvenTrust Properties to a “strong-buy” rating in a report on Friday, June 26th. Finally, Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th.

Hedge Funds Weigh In On InvenTrust Properties

Several institutional investors have recently made changes to their positions in IVT. Versant Capital Management Inc raised its holdings in shares of InvenTrust Properties by 37.3% in the third quarter. Versant Capital Management Inc now owns 2,078 shares of the company’s stock valued at $63,000 after acquiring an additional 565 shares in the last quarter. Capstone Financial Advisors Inc. purchased a new position in InvenTrust Properties during the 2nd quarter valued at about $215,000. Integrated Wealth Concepts LLC raised its holdings in shares of InvenTrust Properties by 4.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 10,588 shares of the company’s stock valued at $375,000 after purchasing an additional 462 shares in the last quarter. Nykredit A S bought a new stake in shares of InvenTrust Properties in the 2nd quarter valued at about $39,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of InvenTrust Properties in the 2nd quarter worth approximately $4,006,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Price Performance

NYSE:IVT opened at $29.32 on Thursday. The business’s 50-day moving average is $32.17 and its 200 day moving average is $32.94. InvenTrust Properties has a 12 month low of $26.81 and a 12 month high of $37.22. The company has a market capitalization of $2.29 billion, a P/E ratio of 146.58, a P/E/G ratio of 2.42 and a beta of 0.77. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.62.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). The firm had revenue of $82.83 million for the quarter, compared to analysts’ expectations of $82.44 million. InvenTrust Properties had a net margin of 4.80% and a return on equity of 0.85%. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. On average, equities research analysts forecast that InvenTrust Properties will post 1.95 earnings per share for the current fiscal year.

InvenTrust Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.4%. The ex-dividend date is Wednesday, September 30th. InvenTrust Properties’s dividend payout ratio (DPR) is presently 500.00%.

About InvenTrust Properties

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.