InvenTrust Properties Corp. (IVT)

Market Cap	1.70B
Revenue (ttm)	260.27M
Net Income (ttm)	7.04M
Shares Out	67.87M
EPS (ttm)	0.10
PE Ratio	252.50
Forward PE	625.00
Dividend	$0.90 (3.61%)
Ex-Dividend Date	Mar 27, 2024

Volume	27,463
Open	25.25
Previous Close	25.25
Day's Range	25.01 - 25.35
52-Week Range	20.76 - 27.25
Beta	-5.69
Analysts	Buy
Price Target	27.00 (+7.85%)
Earnings Date	Apr 30, 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 (ESG)...

• Industry: REIT - Retail
• Sector: Real Estate
• Founded: 2005
• Employees: 104
• Stock Exchange: NYSE
• Ticker Symbol: IVT

Financial Performance

In 2023, IVT's revenue was $258.68 million, an increase of 9.28% compared to the previous year's $236.71 million. Earnings were $5.27 million, a decrease of -89.91%.

Analyst Forecast

According to one analyst, the rating for IVT stock is "Buy" and the 12-month stock price forecast is $27.0.

Price Target

$27.0

(7.85% upside)

Analyst Consensus: Buy