InvenTrust Properties (NYSE:IVT) Announces Earnings Results, Beats Estimates By $0.39 EPS

InvenTrust Properties (NYSE:IVT) released its earnings results on Tuesday. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate 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 Trading Up 1.5 %

Shares of InvenTrust Properties stock opened at $30.60 on Thursday. The stock has a 50 day moving average price of $29.88 and a two-hundred day moving average price of $29.52. InvenTrust Properties has a 52 week low of $23.53 and a 52 week high of $31.65. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.59 and a current ratio of 3.59. The stock has a market capitalization of $2.36 billion, a PE ratio of 340.04, a price-to-earnings-growth ratio of 3.28 and a beta of 0.96.

InvenTrust Properties Increases Dividend

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

Wall Street Analyst Weigh In

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