InvenTrust Properties Corp. (IVT)

NYSE: IVT · Real-Time Price · USD
30.80
-0.08 (-0.26%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.26%
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]

Industry REIT - Retail
Sector Real Estate
Founded 2005
Employees 104
Stock Exchange NYSE
Ticker Symbol IVT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$31.75
(3.08% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

21 days ago - Seeking Alpha

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...

22 days ago - Business Wire

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...

26 days ago - Business Wire

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...

5 weeks ago - Seeking Alpha

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,...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

InvenTrust: Low Yield And A High Valuation

InvenTrust Properties owns and manages grocery-anchored retail properties in the Sunbelt, benefiting from strong market dynamics and low unemployment rates in key regions. Its performance, low leverag...

2 months ago - Seeking Alpha

Shopping Center REITs Are Hot: Pick A Winner

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3 months ago - Seeking Alpha

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 ...

3 months ago - Seeking Alpha

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...

4 months ago - Business Wire

6 Stocks I'm Buying Amid A Major Market Rotation

American consumers' savings and spending patterns, illustrated through charts, showing a shift towards credit card debt and rising delinquency rates. Market rotation towards the real estate sector, wi...

4 months ago - Seeking Alpha

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As of July 22, 2024, four stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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Overall positive outlook for REIT industry with decline in development activity, potential for increased transaction market activity, and well-capitalized REITs poised for growth. Key themes from REIT...

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5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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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,...

5 months ago - Business Wire

9 Stocks I'm Buying As Consumer Spending Stalls

The stock market breadth is very thin right now. The market is primarily being driven by a handful of big winners in the AI space. Consumers clearly have a very different perspective on inflation than...

5 months ago - Seeking Alpha

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 ...

5 months ago - Seeking Alpha

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