InvenTrust Properties (NYSE:IVT - Get Free Report) is scheduled to release its earnings data after the market closes on Tuesday, October 29th. Analysts expect InvenTrust Properties to post earnings of $0.43 per share for the quarter. Investors interested in participating in the company's conference call can do so using this link.
InvenTrust Properties Price Performance
IVT traded down $0.04 during trading on Tuesday, reaching $29.23. 236,223 shares of the company were exchanged, compared to its average volume of 373,766. InvenTrust Properties has a 12-month low of $23.53 and a 12-month high of $30.33. The company's 50-day moving average is $29.08 and its two-hundred day moving average is $26.64. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.53. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 292.30, a P/E/G ratio of 3.52 and a beta of 0.98.
InvenTrust Properties Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.226 per share. This represents a $0.90 annualized dividend and a yield of 3.09%. The ex-dividend date of this dividend was Monday, September 30th. InvenTrust Properties's payout ratio is 900.00%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the stock. Bank of America raised shares of InvenTrust Properties from a "neutral" rating to a "buy" rating and increased their price target for the stock from $30.00 to $33.00 in a report on Thursday, October 3rd. Wells Fargo & Company raised their price target on InvenTrust Properties from $29.00 to $32.00 and gave the company an "overweight" rating in a research report on Wednesday, August 28th. Finally, Compass Point upped their price objective on InvenTrust Properties from $28.00 to $29.00 and gave the stock a "neutral" rating in a report on Tuesday, September 10th.
View Our Latest Analysis on IVT
About InvenTrust Properties
(
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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.
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