InvenTrust PropertiesIVT
IVT
About: InvenTrust Properties Corp is the United States of America based company qualified as a REIT (Real Estate Investment Trust). It is focused on owning, leasing, redeveloping, acquiring and managing a multi-tenant retail platform. The company's wholly-owned and managed retail properties include grocery-anchored community and neighborhood centers and power centers, including those classified as necessity-based. InvenTrust operates through a single segment i.e. multi-tenant retail.
Employees: 104
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
134% more call options, than puts
Call options by funds: $565K | Put options by funds: $241K
69% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 32
34% more capital invested
Capital invested by funds: $1.09B [Q2] → $1.46B (+$375M) [Q3]
27% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 78
8% more funds holding
Funds holding: 274 [Q2] → 296 (+22) [Q3]
2.91% more ownership
Funds ownership: 64.71% [Q2] → 67.62% (+2.91%) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
11%
upside
Avg. target
$33
11%
upside
High target
$33
11%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Jefferies Michael Prew 0 / 0 met price target | 11%upside $33 | Hold Initiated | 19 Nov 2024 |
B of A Securities Craig Schmidt 67% 1-year accuracy 2 / 3 met price target | 11%upside $33 | Buy Upgraded | 3 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
3 days ago
InvenTrust Properties Corp. Announces Fourth Quarter 2024 Cash Dividend
DOWNERS GROVE, III.--(BUSINESS WIRE)--InvenTrust Properties Corp. (NYSE: IVT) announced today that its Board of Directors declared a fourth quarter 2024 cash distribution of $0.2263 per share of common stock, which represents a 5% year-over-year increase. When annualized, this is equal to a rate of $0.9052 per share. This distribution will be paid on or about January 15, 2025, to stockholders of record as of December 30, 2024. About InvenTrust Properties Corp. InvenTrust Properties Corp. is a p.
Positive
Seeking Alpha
2 weeks ago
Property Type Round-Up From REITworld 2024
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior housing demand and limited new supply, despite valuation debates and management changes at Healthcare Realty. Multifamily and single-family rental sectors show regional variability, but long-term growth driven by demographic trends.
Neutral
Seeking Alpha
1 month ago
InvenTrust Properties Corp. (IVT) Q3 2024 Earnings Call Transcript
InvenTrust Properties Corp. (NYSE:IVT ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Dan Lombardo - VP, IR Daniel Busch - President and CEO Michael Phillips - CFO Christy David - COO Conference Call Participants Andrew Reale - Bank of America Dori Kesten - Wells Fargo Daniel Purpura - Green Street Operator Thank you for standing by, and welcome to InvenTrust's Third Quarter 2024 Earnings Conference Call. My name is Elliot, and I'll be your conference call operator today.
Neutral
Business Wire
1 month ago
InvenTrust Properties Corp. Reports 2024 Third Quarter Results
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today reported financial and operating results for the period ended September 30, 2024. For the three months ended September 30, 2024 and 2023, the Company reported Net Loss of $0.5 million, or $0.01 per diluted share, and Net Loss of $0.8 million, or $0.01 per diluted share, respectively. Third Quarter 2024 Highlights: Nareit FFO of $0.45 per diluted share Core FFO of $0.44 per diluted.
Neutral
Business Wire
1 month ago
InvenTrust Properties Corp. Recasts and Upsizes Its Unsecured Revolving Credit Facility by $150 Million to $500 Million
DOWNERS GROVE, III.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust”, “IVT” or the “Company”) (NYSE: IVT) today announced the recast and upsizing of the Company's Unsecured Revolving credit facility (“Revolver”), increasing capacity from $350 million to $500 million. The maturity date on the Revolver was extended to January 2029 with one 6-month extension option subject to an extension fee. The unsecured credit facility (the “Facility) now totals $900 million with the unchanged $400.
Positive
Seeking Alpha
2 months ago
InvenTrust Properties: A Rock Solid Sun Belt-Focused REIT Worth Considering
InvenTrust Properties Corp, a SunBelt-focused REIT, offers a compelling opportunity for long-term income investors due to strong fundamentals and strategic property locations. Despite recent market pullbacks, IVT's solid FFO growth, high occupancy rates, and strategic acquisitions position it for continued growth and dividend increases. IVT's sound balance sheet, low leverage, and favorable debt maturities provide a strong foundation for capitalizing on growth opportunities and benefiting from lower interest rates.
Neutral
Business Wire
2 months ago
InvenTrust Properties Corp. Announces Third Quarter 2024 Earnings Release and Conference Call Dates
DOWNERS GROVE, III.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced that it will report its third quarter 2024 earnings results on October 29, 2024, after the market closes. The Company's earnings release and any supplemental information will be posted on the Investor Relations section of the Company's website – www.inventrustproperties.com/investor-relations/. InvenTrust will host an earnings conference call to discuss the Company's res.
Positive
Seeking Alpha
2 months ago
Animal Spirits Awaken
U.S. equity markets gained for a third-straight week while short-term interest rates declined to two-year lows as "Goldilocks" economic data provided a backdrop of support for dovish Fed policy. Following combined gains of 5% over the prior two weeks, the S&P 500 gained another 0.6% this week, notching another series of all-time highs. Real estate equities - the most "Fed sensitive" market segment - underperformed for a second week following a significant two-month rally heading into the Fed's rate cut announcement.
Neutral
Business Wire
2 months ago
InvenTrust Properties Corp. Announces Upsizing and Pricing of Common Stock Offering
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced it has priced an underwritten registered public offering of 8,000,000 shares of its common stock at a price to the public of $28.00 per share for total gross proceeds of $224.0 million. As part of the offering, the Company also granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of the Company's common stock at the public offering pr.
Neutral
Business Wire
2 months ago
InvenTrust Properties Corp. Announces Public Offering of Common Stock
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced that it has commenced an underwritten registered public offering to sell 6,500,000 shares of its common stock. The Company expects to grant the underwriters in the offering a 30-day option to purchase up to an additional 975,000 shares of its common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may b.
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