InvenTrust Properties (NYSE:IVT) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

InvenTrust Properties (NYSE:IVT) posted its quarterly earnings data on Monday. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02), FiscalAI reports. InvenTrust Properties had a return on equity of 0.85% and a net margin of 4.80%.The business had revenue of $82.83 million during the quarter, compared to analysts’ expectations of $82.44 million. InvenTrust Properties updated its FY 2026 guidance to 1.920-1.960 EPS.

InvenTrust Properties Stock Down 0.9%

InvenTrust Properties stock traded down $0.31 during midday trading on Wednesday, hitting $33.77. 137,126 shares of the company’s stock were exchanged, compared to its average volume of 683,026. InvenTrust Properties has a 12 month low of $26.81 and a 12 month high of $37.22. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.46. The company has a market cap of $2.63 billion, a PE ratio of 23.95, a P/E/G ratio of 2.85 and a beta of 0.78. The firm has a 50-day moving average of $35.00 and a two-hundred day moving average of $32.43.

InvenTrust Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Tuesday, June 30th. InvenTrust Properties’s payout ratio is presently 70.92%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. BTIG Research reissued a “buy” rating and set a $37.00 target price on shares of InvenTrust Properties in a research report on Friday, June 12th. Wells Fargo & Company set a $39.00 price objective on shares of InvenTrust Properties and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Wall Street Zen downgraded shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. Bank of America raised their target price on shares of InvenTrust Properties from $37.00 to $38.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Finally, Weiss Ratings downgraded shares of InvenTrust Properties from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $35.14.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in IVT. EverSource Wealth Advisors LLC boosted its holdings in InvenTrust Properties by 44.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock worth $38,000 after buying an additional 418 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of InvenTrust Properties by 82.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after acquiring an additional 621 shares in the last quarter. Prosperity Bancshares Inc acquired a new stake in shares of InvenTrust Properties during the 4th quarter valued at about $47,000. Newbridge Financial Services Group Inc. grew its position in shares of InvenTrust Properties by 208.4% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 1,696 shares of the company’s stock valued at $49,000 after acquiring an additional 1,146 shares during the period. Finally, Ameriflex Group Inc. acquired a new position in InvenTrust Properties in the 4th quarter worth about $57,000. 61.70% of the stock is currently owned by hedge funds and other 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.