InvenTrust Properties Corp. (IVT)
Market Cap | 2.38B |
Revenue (ttm) | 294.56M |
Net Income (ttm) | 6.75M |
Shares Out | 77.13M |
EPS (ttm) | 0.10 |
PE Ratio | 310.18 |
Forward PE | 115.14 |
Dividend | $0.91 (2.94%) |
Ex-Dividend Date | Sep 30, 2024 |
Volume | 266,095 |
Open | 30.68 |
Previous Close | 30.88 |
Day's Range | 30.56 - 30.84 |
52-Week Range | 23.53 - 31.37 |
Beta | -5.92 |
Analysts | Buy |
Price Target | 31.75 (+3.08%) |
Earnings Date | Oct 29, 2024 |
About IVT
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... [Read more]
Financial Performance
In 2023, InvenTrust Properties's revenue was $285.32 million, an increase of 15.26% compared to the previous year's $247.54 million. Earnings were $5.27 million, a decrease of -89.91%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for IVT stock is "Buy." The 12-month stock price forecast is $31.75, which is an increase of 3.08% from the latest price.
News
InvenTrust Properties Corp. (IVT) Q3 2024 Earnings Call Transcript
InvenTrust Properties Corp. (NYSE:IVT) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Dan Lombardo - VP, IR Daniel Busch - President and CEO Michael Phillips - CFO...
InvenTrust Properties Corp. Reports 2024 Third Quarter Results
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today reported financial and operating results for the period ended September 30, 2024. Fo...
InvenTrust Properties Corp. Recasts and Upsizes Its Unsecured Revolving Credit Facility by $150 Million to $500 Million
DOWNERS GROVE, III.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust”, “IVT” or the “Company”) (NYSE: IVT) today announced the recast and upsizing of the Company's Unsecured Revolving credit...
InvenTrust Properties: A Rock Solid Sun Belt-Focused REIT Worth Considering
InvenTrust Properties Corp, a SunBelt-focused REIT, offers a compelling opportunity for long-term income investors due to strong fundamentals and strategic property locations. Despite recent market pu...
InvenTrust Properties Corp. Announces Third Quarter 2024 Earnings Release and Conference Call Dates
DOWNERS GROVE, III.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced that it will report its third quarter 2024 earnings results on October 29,...
InvenTrust Properties Corp. Announces Upsizing and Pricing of Common Stock Offering
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced it has priced an underwritten registered public offering of 8,000,000 shar...
InvenTrust Properties Corp. Announces Public Offering of Common Stock
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced that it has commenced an underwritten registered public offering to sell 6...
InvenTrust Properties Corp. Announces Third Quarter 2024 Cash Dividend
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (NYSE: IVT) announced today that its Board of Directors declared a third quarter 2024 cash distribution of $0.2263 per share of common...
InvenTrust: Low Yield And A High Valuation
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InvenTrust Properties Corp. (IVT) Q2 2024 Earnings Call Transcript
InvenTrust Properties Corp. (NYSE:IVT) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Dan Lombardo - VP, IR DJ Busch - President and CEO Mike Phillips - CFO Christy ...
InvenTrust Properties Corp. Reports 2024 Second Quarter Results
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today reported financial and operating results for the period ended June 30, 2024. For the...
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InvenTrust Properties: A Shopping Center REIT With Strong Growth And Upside Potential
The REIT sector likely to see an upside with potentially declining interest rates in September. Higher-quality ones like InvenTrust Properties will likely see further upside. InvenTrust Properties Cor...
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InvenTrust Properties Corp. Announces Second Quarter 2024 Earnings Release and Conference Call Dates
DOWNERS GROVE, III.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced that it will report its second quarter 2024 earnings results on July 31st,...
9 Stocks I'm Buying As Consumer Spending Stalls
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Why InvenTrust Properties Is My Top Pick Among Shopping Center REITs
InvenTrust Properties is a high-quality shopping center REIT with a focus on Sunbelt markets and grocery-anchored centers. IVT separates CEO and Chairman roles, has low leverage, and raised dividends ...
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