InvenTrust Properties (NYSE:IVT – Get Free Report) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.700-1.730 for the period, compared to the consensus earnings per share estimate of 1.710. The company issued revenue guidance of -.
Analysts Set New Price Targets
IVT has been the topic of several analyst reports. Wells Fargo & Company increased their target price on InvenTrust Properties from $29.00 to $32.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 28th. Compass Point boosted their price objective on InvenTrust Properties from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 10th. Finally, Bank of America upgraded InvenTrust Properties from a “neutral” rating to a “buy” rating and increased their price target for the company from $30.00 to $33.00 in a research report on Thursday, October 3rd.
Get Our Latest Stock Analysis on IVT
InvenTrust Properties Trading Down 0.1 %
InvenTrust Properties Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend was Monday, September 30th. InvenTrust Properties’s dividend payout ratio is currently 900.00%.
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.
Further Reading
- Five stocks we like better than InvenTrust Properties
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Is McDonald’s Stock a Smart Buy After Sell-Off and Earnings?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- QuantumScape: Solid State EV Batteries Nearing Commercialization
- What is a SEC Filing?
- MicroStrategy: Is This Bitcoin-Powered Stock a Buy or a Gamble?
Receive News & Ratings for InvenTrust Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InvenTrust Properties and related companies with MarketBeat.com's FREE daily email newsletter.