InvenTrust Properties (NYSE:IVT) Announces Earnings Results

InvenTrust Properties (NYSE:IVT) posted its earnings results on Tuesday. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.39, Zacks reports. InvenTrust Properties had a net margin of 2.52% and a return on equity of 0.42%. InvenTrust Properties updated its FY 2025 guidance to 1.790-1.830 EPS.

InvenTrust Properties Trading Up 1.3 %

IVT traded up $0.39 on Tuesday, reaching $30.20. 377,422 shares of the company’s stock were exchanged, compared to its average volume of 386,638. The company’s 50 day moving average is $29.91 and its 200-day moving average is $29.49. The company has a market cap of $2.33 billion, a price-to-earnings ratio of 335.62, a PEG ratio of 3.28 and a beta of 0.96. InvenTrust Properties has a twelve month low of $23.53 and a twelve month high of $31.65. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.59 and a current ratio of 3.59.

InvenTrust Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Monday, December 30th were paid a dividend of $0.2263 per share. The ex-dividend date was Monday, December 30th. This represents a $0.91 dividend on an annualized basis and a dividend yield of 3.00%. This is an increase from InvenTrust Properties’s previous quarterly dividend of $0.23. InvenTrust Properties’s dividend payout ratio is currently 1,000.00%.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upgraded shares of InvenTrust Properties from a “hold” rating to a “buy” rating and lifted their price target for the stock from $33.00 to $34.00 in a research note on Thursday, January 2nd.

About InvenTrust Properties

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.