InvenTrust Properties (NYSE:IVT) Posts Earnings Results

InvenTrust Properties (NYSE:IVT) released its quarterly earnings results on Tuesday. The company reported $0.43 earnings per share (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 Stock Up 1.3 %

InvenTrust Properties stock opened at $30.20 on Wednesday. The firm has a market capitalization of $2.33 billion, a P/E ratio of 335.62, a P/E/G ratio of 3.28 and a beta of 0.96. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.42. InvenTrust Properties has a twelve month low of $23.53 and a twelve month high of $31.65. The stock’s fifty day simple moving average is $29.91 and its 200-day simple moving average is $29.49.

InvenTrust Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Monday, December 30th were given a $0.2263 dividend. This represents a $0.91 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend was Monday, December 30th. This is a boost from InvenTrust Properties’s previous quarterly dividend of $0.23. InvenTrust Properties’s dividend payout ratio (DPR) is currently 1,011.22%.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised InvenTrust Properties from a “hold” rating to a “buy” rating and boosted their target price for the company from $33.00 to $34.00 in a research report on Thursday, January 2nd.

InvenTrust Properties Company Profile

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.