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

InvenTrust Properties (NYSE:IVT) announced its earnings results on Tuesday. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 Performance

Shares of IVT stock traded up $0.39 during midday trading on Tuesday, hitting $30.20. The company had a trading volume of 377,422 shares, compared to its average volume of 386,638. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 335.62, a PEG ratio of 3.28 and a beta of 0.96. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.59 and a quick ratio of 3.59. The company’s 50 day simple moving average is $29.91 and its 200 day simple moving average is $29.49. InvenTrust Properties has a 52-week low of $23.53 and a 52-week high of $31.65.

InvenTrust Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Monday, December 30th were paid a dividend of $0.2263 per share. The ex-dividend date of this dividend was Monday, December 30th. This is an increase from InvenTrust Properties’s previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a yield of 3.00%. InvenTrust Properties’s dividend payout ratio is currently 1,000.00%.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised InvenTrust Properties from a “hold” rating to a “buy” rating and increased their price objective for the company from $33.00 to $34.00 in a report on Thursday, January 2nd.

About InvenTrust Properties

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.