IVT Stock Overview
InvenTrust Properties Corp. is a premier multi-tenant retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood centers, and select power centers that often have a grocery component, predominantly in Sun Belt markets with favorable demographics.
InvenTrust Properties Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$22.74|
|52 Week High||US$32.93|
|52 Week Low||US$1.10|
|1 Month Change||-13.99%|
|3 Month Change||-11.83%|
|1 Year Change||15.14%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-62.10%|
Recent News & Updates
InvenTrust Properties declares $0.2052 dividend
InvenTrust Properties (NYSE:IVT) declares $0.2052/share quarterly dividend, in line with previous. Forward yield 3.24% Payable Oct. 14; for shareholders of record Sept. 30; ex-div Sept. 29. See IVT Dividend Scorecard, Yield Chart, & Dividend Growth.
InvenTrust Properties Q2 FFO up Y/Y
InvenTrust Properties press release (NYSE:IVT): Q2 FFO of $0.42 (vs. $0.33 in prior-year quarter) Net income was $41.9M, compared to $1.5M for the same period in 2021.
|IVT||US REITs||US Market|
Return vs Industry: IVT exceeded the US REITs industry which returned -20.4% over the past year.
Return vs Market: IVT exceeded the US Market which returned -22.1% over the past year.
|IVT Average Weekly Movement||4.5%|
|REITs Industry Average Movement||3.9%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.8%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: IVT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: IVT's weekly volatility has decreased from 159% to 4% over the past year.
About the Company
InvenTrust Properties Corp. is a premier multi-tenant retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood centers, and select power centers that often have a grocery component, predominantly in Sun Belt markets with favorable demographics. We seek to continue to execute our strategy to enhance our multi-tenant retail platform by further investing in grocery-anchored centers with essential retail in our current markets, while exhibiting focused and disciplined capital allocation.
InvenTrust Properties Fundamentals Summary
|IVT fundamental statistics|
Is IVT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IVT income statement (TTM)|
|Cost of Revenue||US$66.15m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.66|
|Net Profit Margin||18.32%|
How did IVT perform over the long term?See historical performance and comparison
3.6%Current Dividend Yield
Does IVT pay a reliable dividends?See IVT dividend history and benchmarks
|InvenTrust Properties dividend dates|
|Ex Dividend Date||Sep 29 2022|
|Dividend Pay Date||Oct 14 2022|
|Days until Ex dividend||0 days|
|Days until Dividend pay date||15 days|
Does IVT pay a reliable dividends?See IVT dividend history and benchmarks
Is IVT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IVT?
Other financial metrics that can be useful for relative valuation.
|What is IVT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does IVT's PE Ratio compare to its peers?
|IVT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
UE Urban Edge Properties
SKT Tanger Factory Outlet Centers
AKR Acadia Realty Trust
BFS Saul Centers
IVT InvenTrust Properties
Price-To-Earnings vs Peers: IVT is expensive based on its Price-To-Earnings Ratio (34.4x) compared to the peer average (29.2x).
Price to Earnings Ratio vs Industry
How does IVT's PE Ratio compare vs other companies in the US REITs Industry?
Price-To-Earnings vs Industry: IVT is expensive based on its Price-To-Earnings Ratio (34.4x) compared to the US REITs industry average (26x)
Price to Earnings Ratio vs Fair Ratio
What is IVT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||34.4x|
|Fair PE Ratio||0.01x|
Price-To-Earnings vs Fair Ratio: IVT is expensive based on its Price-To-Earnings Ratio (34.4x) compared to the estimated Fair Price-To-Earnings Ratio (0x).
Share Price vs Fair Value
What is the Fair Price of IVT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IVT ($22.74) is trading below our estimate of fair value ($36.59)
Significantly Below Fair Value: IVT is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is InvenTrust Properties forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IVT's earnings are forecast to decline over the next 3 years (-105.4% per year).
Earnings vs Market: IVT's earnings are forecast to decline over the next 3 years (-105.4% per year).
High Growth Earnings: IVT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Insufficient data to determine if IVT's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if IVT's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IVT's Return on Equity is forecast to be high in 3 years time
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How has InvenTrust Properties performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IVT has a large one-off gain of $29.7M impacting its June 30 2022 financial results.
Growing Profit Margin: IVT's current net profit margins (18.3%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: IVT's earnings have declined by 40.1% per year over the past 5 years.
Accelerating Growth: IVT's earnings growth over the past year (930.2%) exceeds its 5-year average (-40.1% per year).
Earnings vs Industry: IVT earnings growth over the past year (930.2%) exceeded the REITs industry 45.8%.
Return on Equity
High ROE: IVT's Return on Equity (2.8%) is considered low.
Discover strong past performing companies
How is InvenTrust Properties's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: IVT's short term assets ($124.1M) exceed its short term liabilities ($49.9M).
Long Term Liabilities: IVT's short term assets ($124.1M) do not cover its long term liabilities ($758.3M).
Debt to Equity History and Analysis
Debt Level: IVT's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: IVT's debt to equity ratio has increased from 40.2% to 43.4% over the past 5 years.
Debt Coverage: IVT's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: IVT's interest payments on its debt are not well covered by EBIT (2.8x coverage).
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What is InvenTrust Properties's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|InvenTrust Properties Dividend Yield vs Market|
|Company (InvenTrust Properties)||3.6%|
|Market Bottom 25% (US)||1.6%|
|Market Top 25% (US)||4.6%|
|Industry Average (REITs)||4.0%|
|Analyst forecast in 3 Years (InvenTrust Properties)||3.6%|
Notable Dividend: IVT's dividend (3.61%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: IVT's dividend (3.61%) is low compared to the top 25% of dividend payers in the US market (4.69%).
Stability and Growth of Payments
Stable Dividend: IVT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IVT has only been paying a dividend for 8 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), IVT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.6%), IVT's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
DJ Busch (40 yo)
Mr. Daniel Joseph Busch, also known as DJ, serves as the Chief Executive Officer at InvenTrust Properties Corp. since August 06, 2021 and its President of InvenTrust Properties Corp. since February 22, 202...
CEO Compensation Analysis
|DJ Busch's Compensation vs InvenTrust Properties Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$4m||US$624k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$1m||US$431k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$1m||US$114k|
Compensation vs Market: DJ's total compensation ($USD3.72M) is below average for companies of similar size in the US market ($USD5.58M).
Compensation vs Earnings: DJ's compensation has increased by more than 20% in the past year.
Experienced Management: IVT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: IVT's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
InvenTrust Properties Corp.'s employee growth, exchange listings and data sources
- Name: InvenTrust Properties Corp.
- Ticker: IVT
- Exchange: NYSE
- Founded: 2004
- Industry: Retail REITs
- Sector: Real Estate
- Implied Market Cap: US$1.533b
- Shares outstanding: 67.43m
- Website: https://www.inventrustproperties.com
Number of Employees
- InvenTrust Properties Corp.
- 3025 Highland Parkway
- Suite 350
- Downers Grove
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IVT||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Feb 2014|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/28 00:00|
|End of Day Share Price||2022/09/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.