IVT · NYSE · REIT - Retail

InvenTrust Properties

Owns grocery-anchored shopping centers across concentrated Sun Belt markets.

$32.55
After-hours close+0.01 (+0.03%)
At close$32.54(−0.31%)
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Profile

InvenTrust Properties Corp.IVTReal Estate

Owns and operates grocery-anchored neighborhood and community centers plus power centers, earning rent from anchors and smaller retailers. The portfolio is concentrated in Sun Belt markets and managed through local field teams, with results tied to tenant health, leasing demand, and real estate capital access.

Owns, leases, redevelops, acquires, and manages grocery-anchored neighborhood and community centers and power centers that often include grocers. The single-segment portfolio is concentrated in Sun Belt markets, and rental income comes from anchors and smaller shops serving recurring local demand.

Handles leasing and tenant relationships through field teams located near most properties, supporting hands-on oversight across clustered markets. Capital is recycled through acquisitions, redevelopment, and selective property sales.

Results depend on tenants remaining open and paying rent, space being renewed or re-leased, and access to debt and equity capital. Texas supplies a large share of rent, while REIT status requires ongoing compliance with income, asset, and distribution rules.

Company facts

CEODaniel J. "DJ" Busch
ListedOct 12, 2021
ExchangeNYSE
HeadquartersDowners Grove, IL
CountryUnited States
Employees103
CIK0001307748
ISINUS46124J2015

Key statistics

Market cap$2.54B
EPS (ttm)$0.2007
P/E (ttm)162.18
ROE0.9%
P/B1.44
P/S8.01
Dividend yield3.00%
Beta−0.03vs XLRE 0.64

Year to date +16.7% · Average volume (30d) 590.5K

Analysts

Price target, next 12 months$38.00+16.7%Median of 5 analysts · vs the Aug 28 close
ConsensusBuy3 of 5 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Jul 23, 2026Wells FargoReiterateOverweight$36$39
Jun 12, 2026BTIGTarget$31$37
May 26, 2026Wells FargoReiterateOverweight$33$36
Dec 15, 2025JefferiesTarget$34$33
Oct 21, 2025Wells FargoReiterateOverweight$32$33

Earnings

EPS

Estimate−$0.04
ReportedDue Oct 27, 2026

Revenue

Estimate$83.9M
ReportedDue Oct 27, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 3, 2026Q2 FY26$0.04$0.02−46.7%$82.4M$82.8M+0.5%−2.29%
Apr 28, 2026Q1 FY26$0.06$0.07+27.3%$78.8M$82.6M+4.8%−2.33%
Feb 10, 2026Q4 FY25$0.45$0.03−93.3%$76.5M$77.4M+1.1%−0.07%
Oct 28, 2025Q3 FY25$0.45$0.08−82.2%$76.7M$74.0M−3.5%−2.37%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$73.8M$73.6M$74.0M$77.4M$82.6M$82.8M
Gross profit$53.7M$51.9M$53.9M−$13.9M$60.7M$60.3M
Operating income$14.5M$12.4M$12.9M$11.1M$15.0M$12.7M
Net income$6.8M$95.9M$6.0M$2.7M$5.2M$1.4M
Diluted EPS$0.09$1.23$0.08$0.03$0.07$0.02
Gross margin72.7%70.5%72.8%-18.0%73.5%72.8%
Operating margin19.7%16.9%17.4%14.4%18.1%15.3%

Fiscal years (4-quarter sums)FY21 $212.0M · FY22 $236.7M · FY23 $259.6M · FY24 $273.5M · FY25 $298.7M

Revenue by product · FY25

Real Estate, Other$1.7M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $74.9M · Total debt $1.10B · Total assets $3.03B · Shareholders' equity $1.77B

Dividends

Next ex-date
Sep 30, 2026
estimated · in 32 days
Annual dividend
$0.98
per share
Dividend yield
3.00%
Schedule
Quarterly
4 payments a year

Raised for 8 straight years — most recently to $0.25 from $0.2377 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Jun 30, 2026Jun 30Jul 15$0.25
Mar 31, 2026Mar 31Apr 15$0.25raised from $0.2377
Dec 30, 2025Dec 30Jan 15$0.2377
Sep 30, 2025Sep 30Oct 15$0.2377
Jun 30, 2025Jun 30Jul 15$0.2377
Mar 31, 2025Mar 31Apr 15$0.2377raised from $0.2263
Dec 30, 2024Dec 30Jan 15$0.2263
Sep 30, 2024Sep 30Oct 15$0.2263
View details

Ownership

Institutions 95.03%74.06M sharesInsiders 0.97%754.7K sharesOther 4.00%3.12M shares

Shares outstanding 77.94M · Float 77.28M · 99.2% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.15.35M19.69%13FAug 7, 2026
Vanguard Portfolio Management LLC7.89M10.12%13FAug 13, 2026
Principal Financial Group Inc7.41M9.51%13FAug 4, 2026
Principal Real Estate Investors LLC6.11M7.90%13GMay 12, 2026
State Street Corporation3.91M5.00%13GAug 7, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

CompareAfter-hours close

CompanyPriceChange
InvenTrust Properties$32.55+0.03%$2.54B162.28.0+13.3%
Kimco Realty$23.78+0.02%$16.03B26.727.87.3+4.1%
Regency Centers$75.52+0.01%$13.79B21.429.98.0+5.8%
Brixmor Property Group$29.17−0.02%$8.95B20.828.06.4+4.2%
Kite Realty Group$26.000.00%$5.21B16.165.46.4−9.4%
Phillips Edison$40.00+2.43%$5.02B34.049.56.7+3.8%
Federal Realty$116.75−0.01%$10.09B23.337.77.6+4.6%
Urban Edge Properties$21.390.00%$2.70B40.046.45.4+7.5%
Median23.337.76.7+4.2%