InvenTrust Properties (IVT)
NYSE:IVT
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Earnings Data
Report Date
Aug 03, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.05Last Year’s EPS
1.23Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid operating momentum: same-property NOI growth, double-digit NAREIT FFO growth, strong leasing spreads, an active acquisition pipeline, improved full-year guidance, and healthy liquidity. Near-term headwinds include temporary occupancy losses driven by a small set of larger-format small-shop vacancies, some bad debt impact, interest expense pressure, and a competitive transaction market. Management emphasized visibility into backfill opportunities, a robust SNO pipeline weighted to the back half of the year, and disciplined capital deployment. On balance, the positive items (growth, guidance raise, leasing strength, acquisitions, and liquidity) materially outweigh the transitory and manageable negatives.Company Guidance
Same-Property NOI and FFO Growth
Same-property NOI rose 2.6% year-over-year to $48.7M. NAREIT FFO increased 10.4% to $41.3M ($0.53 per diluted share) and Core FFO rose 6.5% to $0.49 per share, driven primarily by higher same-property NOI and net acquisition activity.
Raised Full-Year Guidance and Dividend Increase
NAREIT FFO guidance increased to $2.00–$2.06 per share (≈7.4% growth at midpoint vs. 2025); Core FFO guidance raised to $1.92–$1.96 (≈6% growth at midpoint). Full-year same-property NOI guidance reaffirmed at 3.25%–4.25%. Quarterly dividend declared at $0.25 per share, a 5% increase year-over-year.
Strong Leasing Execution and Rent Momentum
Executed 64 leases covering ~329k sq ft with comparable blended spreads of 10.5% (new leases +19.8%, renewals +9.9%). Annualized base rent per occupied sq ft rose 2.1% to $20.63. Leased occupancy at 96.4% (anchor 98.5%, small shop 92.9%) and signed-not-open pipeline gives visibility to future rent commencements.
Active Acquisition Program and Pipeline
$123M of acquisitions closed toward $300M net investment guidance; an additional $167M awarded or under contract (≈$290M gross closed/under contract/awarded). Entered Nashville and added a Phoenix property. Reported initial yields in the low-6% range and IRRs comfortably near 7% on recent deals.
Embedded Growth from Escalators and Redevelopment
Embedded rent escalators contributed ~170 bps to same-property NOI; positive leasing spreads ~90 bps; redevelopment added ~70 bps. Management expects selective small-scale redevelopment to contribute ~90–100 bps of same-property NOI growth in 2026.
Strong Liquidity and Capital Access
Total liquidity of $346M (cash $27M, $319M revolver available). Weighted average interest rate on debt 4.1% and weighted average term to maturity ~4 years. Signed a $250M private placement of senior unsecured notes (three tranches) with a weighted average tenor ≈5.4 years and weighted average fixed rate 5.4% (funding expected 06/29/2026). Net leverage 29.7%; net debt to adjusted EBITDA 5.2x (TTM).
IVT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IVT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $32.64 | $31.88 | -2.33% |
Feb 10, 2026 | $30.34 | $30.32 | -0.07% |
Oct 28, 2025 | $27.78 | $27.12 | -2.37% |
Jul 29, 2025 | $27.21 | $27.27 | +0.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does InvenTrust Properties (IVT) report earnings?
InvenTrust Properties (IVT) is schdueled to report earning on Aug 03, 2026, TBA (Confirmed).
What is InvenTrust Properties (IVT) earnings time?
InvenTrust Properties (IVT) earnings time is at Aug 03, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IVT EPS forecast?
IVT EPS forecast for the fiscal quarter 2026 (Q2) is 0.05.