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

InvenTrust Properties (NYSE:IVT) released its quarterly earnings data on Tuesday. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate 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 Up 1.3 %

Shares of NYSE:IVT traded up $0.39 during trading on Tuesday, hitting $30.20. The stock had a trading volume of 377,422 shares, compared to its average volume of 386,638. InvenTrust Properties has a 12 month low of $23.53 and a 12 month high of $31.65. The company has a market capitalization of $2.33 billion, a PE ratio of 335.62, a PEG ratio of 3.28 and a beta of 0.96. The firm’s fifty day moving average is $29.91 and its 200 day moving average is $29.49. The company has a quick ratio of 3.59, a current 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. Stockholders of record on Monday, December 30th were given a $0.2263 dividend. The ex-dividend date was Monday, December 30th. This represents a $0.91 annualized dividend and a dividend yield of 3.00%. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.23. InvenTrust Properties’s dividend payout ratio is currently 1,000.00%.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upgraded InvenTrust Properties from a “hold” rating to a “buy” rating and increased their price objective for the stock from $33.00 to $34.00 in a 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.