InvenTrust Properties (IVT) Stock Price, News & Analysis

Company Overview

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. Management pursues the Company's business strategy by acquiring retail properties in Sun Belt markets, opportunistically disposing of retail properties, maintaining a flexible capital structure, and enhancing environmental, social and governance ("ESG") practices and standards. A trusted, local operator bringing real estate expertise to its tenant relationships, IVT has built a strong reputation with market participants across its portfolio. IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark ("GRESB") member since 2013.

Key Stats

• Today's Range: $30.14 to $30.46
• 50-Day Range: $28.21 to $31.12
• 52-Week Range: $23.53 to $31.37
• Volume: 305,229 shs
• Average Volume: 414,117 shs
• Market Capitalization: $2.33 billion
• P/E Ratio: 335.15
• Dividend Yield: 3.02%
• Price Target: $31.33
• Consensus Rating: Moderate Buy

InvenTrust Properties Stock Analysis - MarketRank™

InvenTrust Properties scored higher than 29% of companies evaluated by MarketBeat, and ranked 840th out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

InvenTrust Properties has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

InvenTrust Properties has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 6.98%

Earnings Growth

Earnings for InvenTrust Properties are expected to grow by 6.98% in the coming year, from $1.72 to $1.84 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of InvenTrust Properties is 335.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 110.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of InvenTrust Properties is 335.15, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 26.17.

Price to Earnings Growth Ratio

InvenTrust Properties has a PEG Ratio of 3.63. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

InvenTrust Properties has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.16% of the float of InvenTrust Properties has been sold short.

Short Interest Ratio / Days to Cover

InvenTrust Properties has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in InvenTrust Properties has recently increased by 11.89%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

InvenTrust Properties pays a meaningful dividend of 3.00%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

InvenTrust Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of InvenTrust Properties is 1,011.22%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, InvenTrust Properties will have a dividend payout ratio of 49.46% next year. This indicates that InvenTrust Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.16% of the float of InvenTrust Properties has been sold short.

Short Interest Ratio / Days to Cover

InvenTrust Properties has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in InvenTrust Properties has recently increased by 11.89%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.99

News Sentiment

InvenTrust Properties has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for InvenTrust Properties this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, InvenTrust Properties insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.35% of the stock of InvenTrust Properties is held by insiders.

Percentage Held by Institutions

61.70% of the stock of InvenTrust Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IVT Stock Analysis - Frequently Asked Questions

How have IVT shares performed this year?

InvenTrust Properties' stock was trading at $25.34 at the beginning of the year. Since then, IVT stock has increased by 19.0% and is now trading at $30.16.
View the best growth stocks for 2024 here.

How were InvenTrust Properties' earnings last quarter?

InvenTrust Properties Corp. (NYSE:IVT) announced its quarterly earnings data on Tuesday, October, 29th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.43 by $0.44. The firm earned $68.52 million during the quarter. InvenTrust Properties had a trailing twelve-month return on equity of 0.42% and a net margin of 2.52%.

When did InvenTrust Properties' stock split?

Shares of InvenTrust Properties reverse split before market open on Friday, August 6th 2021. The 1-10 reverse split was announced on Friday, August 6th 2021. The number of shares owned by shareholders was adjusted after the market closes on Friday, August 6th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are InvenTrust Properties' major shareholders?

InvenTrust Properties' top institutional investors include Principal Financial Group Inc. (6.06%), State Street Corp (3.21%), Geode Capital Management LLC (2.36%) and Charles Schwab Investment Management Inc. (1.53%).

How do I buy shares of InvenTrust Properties?

Shares of IVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of InvenTrust Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that InvenTrust Properties investors own include Meta Platforms (META), JPMorgan Chase & Co. (JPM), Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX) and Visa (V).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Last Earnings: 10/29/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: N/A
• Current Symbol: NYSE:IVT
• CUSIP: N/A
• CIK: 1307748
• Web: www.inventrustproperties.com
• Phone: (855) 377-0510
• Fax: N/A
• Employees: 104
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $31.33
• High Stock Price Target: $33.00
• Low Stock Price Target: $29.00
• Potential Upside/Downside: +3.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.09
• Trailing P/E Ratio: 335.15
• Forward P/E Ratio: 17.53
• P/E Growth: 3.63
• Net Income: $5.27 million
• Net Margins: 2.52%
• Pretax Margin: 2.52%
• Return on Equity: 0.42%
• Return on Assets: 0.27%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 3.59
• Quick Ratio: 3.59

Sales & Book Value

• Annual Sales: $258.68 million
• Price / Sales: 8.99
• Cash Flow: $1.77 per share
• Price / Cash Flow: 17.05
• Book Value: $22.76 per share
• Price / Book: 1.33

Miscellaneous

• Outstanding Shares: 77,130,000
• Free Float: 76,860,000
• Market Cap: $2.33 billion
• Optionable: Not Optionable
• Beta: 0.97