InvenTrust Properties (NYSE:IVT – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.790-1.830 for the period, compared to the consensus earnings per share estimate of 1.800. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group upgraded InvenTrust Properties from a “hold” rating to a “buy” rating and raised their price objective for the stock from $33.00 to $34.00 in a research note on Thursday, January 2nd.
Check Out Our Latest Stock Analysis on InvenTrust Properties
InvenTrust Properties Price Performance
InvenTrust Properties (NYSE:IVT – Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.04 by $0.39. InvenTrust Properties had a return on equity of 0.42% and a net margin of 2.52%. On average, analysts anticipate that InvenTrust Properties will post 1.73 earnings per share for the current fiscal year.
InvenTrust Properties Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Monday, December 30th were issued a $0.2263 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 2.96%. This is an increase from InvenTrust Properties’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Monday, December 30th. InvenTrust Properties’s dividend payout ratio is presently 1,011.22%.
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.
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