InvenTrust Properties (NYSE:IVT) Issues Quarterly Earnings Results

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

InvenTrust Properties Stock Performance

NYSE:IVT opened at $30.60 on Thursday. The stock’s 50-day moving average is $29.88 and its 200-day moving average is $29.52. The stock has a market cap of $2.36 billion, a P/E ratio of 340.04, a price-to-earnings-growth ratio of 3.28 and a beta of 0.96. InvenTrust Properties has a 1-year low of $23.53 and a 1-year high of $31.65. 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 Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Monday, December 30th were given a $0.2263 dividend. The ex-dividend date was Monday, December 30th. This is an increase from InvenTrust Properties’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a yield of 2.96%. InvenTrust Properties’s dividend payout ratio (DPR) is currently 1,011.22%.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded InvenTrust Properties from a “hold” rating to a “buy” rating and lifted 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.