2 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for InvenTrust Properties in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should “moderate buy” IVT shares. As a retail REIT, our portfolio is focused on grocery-anchored and necessity-based centers anchored by the top grocers in primarily Sun-Belt markets with favorable wage and population growth. Strong locations, experiential retail, and internet-resistant tenants are keys to driving foot traffic and demand to our centers. InvenTrust Properties’ stock was trading at $23.67 on January 1st, 2023.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Our Quantitative Research team models direct competitors or comparable companies
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2 brokerages have issued 12-month price objectives for InvenTrust Properties’ shares. On average, they predict the company’s stock price to reach $25.00 in the next year. This suggests a possible upside of 5.0% from the stock’s current price. View analysts price targets for IVT or view top-rated stocks among Wall Street analysts.
- While not all of the information that the Company posts to the InvenTrust investor relations website or on the Company’s social media channels is of a material nature, some information could be deemed to be material.
- Based on an average trading volume of 234,300 shares, the short-interest ratio is presently 4.5 days.
- InvenTrust Properties updated its FY 2023 earnings guidance on Monday, July, 31st.
- It owns, manages, acquires and develops a diversified portfolio of commercial real estate located across the United States.
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. IVT’s beta can be found in Trading Information 3 best forex liquidity providers 2022 at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. According to 3 analysts, the average rating for IVT stock is “Hold.” The 12-month stock price forecast is $24.67, which is an increase of 3.61% from the latest price.
IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark (GRESB) member since 2013. InvenTrust Properties Corp. (IVT) 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. IVT is also committed to leadership in environmental, social and governance (ESG) practices and has been a Global Real Estate Sustainability Benchmark (“GRESB”) member since 2018. As of June 30, 2021, the Company is an owner and manager of 65 retail properties, representing 10.8 million square feet of retail space. InvenTrust Properties Corp is the United States of America based company qualified as a REIT (Real Estate Investment Trust). It owns, manages, acquires and develops a diversified portfolio of commercial real estate located across the United States.
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Existing shareholders of the Company are not required to take any action in connection with the Company’s listing on the NYSE. The Company recommends that investors who bought shares on the OTC Markets monitor their brokerage accounts to ensure their holdings are updated to reflect the NYSE listing and the new ticker symbol. 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 closing bell 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.
- High-growth stocks tend to represent the technology, healthcare, and communications sectors.
- An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
- Style is an investment factor that has a meaningful impact on investment risk and returns.
- IVT is also committed to leadership in environmental, social and governance (ESG) practices and has been a Global Real Estate Sustainability Benchmark (“GRESB”) member since 2018.
- They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
Since then, IVT shares have increased by 0.6% and is now trading at $23.81. InvenTrust Properties announced a quarterly dividend on Thursday, September 14th. Stockholders of record on Saturday, September 30th will be given a dividend of $0.215 per share on Friday, October 13th.
Earnings Scheduled For February 14, 2023
Investors and others should note that InvenTrust routinely announces material information to investors and the marketplace using U.S. Securities and Exchange Commission filings, press releases, public conference calls, webcasts and the InvenTrust investor relations website. While not all of the information that the Company posts to the InvenTrust investor relations website or on the Company’s social media channels is of a material nature, some information could be how to buy bitcoin under 18 deemed to be material. Accordingly, the Company encourages investors, the media and others interested in InvenTrust to review the information that it shares on /investor-relations and on the Company’s social media channels. InvenTrust Properties Corp. engages in the ownership, management, acquisition and development of multi-tenant retail platform. Its retail properties includes grocery-anchored community, neighborhood centers and necessity-based power centers.
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The company also owns properties in development and partially owns properties through joint ventures, as well as investments in marketable securities and other assets. The company focuses on investing in an open-air retail platform comprised of grocery-anchored centers and necessity-based power centers. InvenTrust operates through a single segment i.e. multi-tenant retail.
This represents a $0.86 dividend on an annualized basis and a yield of 3.61%. As of August 31st, there was short interest totaling 1,050,000 shares, a drop of 13.9% from the August 15th total of 1,220,000 shares. Based on an average trading volume of 234,300 shares, the short-interest ratio is presently 4.5 days. MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued.
We pursue our 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. We pursue our 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. IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark (“GRESB”) member since 2013. As of December 31, 2022, the Company is an owner and manager of 62 retail properties, representing 10.3 million square feet of retail space.
InvenTrust Properties Corp. Publishes Inaugural Environmental, Social and Governance Report
© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please market cycle stages see Barchart’s disclaimer. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of IVT stock can currently be purchased for approximately $23.81. InvenTrust Properties updated its FY 2023 earnings guidance on Monday, July, 31st.
The company provided earnings per share guidance of $1.61-$1.64 for the period, compared to the consensus estimate of $1.67. The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. Successful retailers keep pace with the changing needs of their shoppers and focus on the customer experience – we will be doing the same at our properties. We’d like to share more about how we work and what drives our day-to-day business.
The company was founded on October 4, 2004 and is headquartered in Downers Grove, IL. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. Concurrent with the commencement of trading on the NYSE, the Company’s common stock will cease trading on the Over-The-Counter (“OTC”) Markets.