InvenTrust Properties (IVT) AI Stock Analysis

• Market Cap: $2.16B
• Dividend Yield: 3.41%
• Average Volume (3M): 354.49K
• Price to Earnings (P/E): 122.9
• Beta (1Y): 0.52
• Revenue Growth: 7.45%
• EPS Growth: 119.81%
• Country: US
• Employees: 101
• Sector: Real Estate
• Sector Strength: 72
• Industry: REIT - Retail
• EPS (TTM): 0.09
• Shares Outstanding: 77,567,764
• 10 Day Avg. Volume: 403,500
• 30 Day Avg. Volume: 354,490
• PEG Ratio: -4.09
• Price to Book (P/B): 1.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.72
• Enterprise Value/Market Cap: 1.28
• Enterprise Value/Revenue: 2.55
• Enterprise Value/Gross Profit: 16.27
• Enterprise Value/Ebitda: 4.75
• 1Y Price Target: $31.25
• Price Target Upside: 12.21% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 73 Outperform
• Price Target: $31.00 ▲(11.31%Upside)

InvenTrust Properties scores a solid 73, driven by strong financial performance and strategic corporate moves. The company's low leverage and positive earnings call sentiment are significant strengths. However, technical indicators and valuation concerns regarding overvaluation with a high P/E ratio temper the overall score.

Positive Factors

Market Focus

IVT's strategic focus on Sunbelt markets, with increased institutional interest and a 13% rise in transaction volumes, promises positive outcomes for shareholders.

Portfolio Strategy

IVT successfully sold the majority of its California portfolio, generating $306MM, slightly above expectations, as part of its capital recycling program.

Negative Factors

Debt Maturity

A deceleration in growth from 2025 to 2026 is anticipated due to unsecured debt maturity in 2026 and spec credit reserve timing.

Earnings Growth

A growth rate below coverage is expected on recurring earnings moving towards 2026.

InvenTrust Properties Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

InvenTrust Properties generates revenue primarily through leasing retail space to tenants. The company's key revenue streams include rental income from long-term leases, percentage rents based on tenant sales, and ancillary income from services such as property management and maintenance. InvenTrust benefits from strategic partnerships with national and regional retailers, which enhance the attractiveness of its properties. Additionally, the company may engage in selective property acquisitions and developments to expand its portfolio and drive future revenue growth. These activities are supported by a mix of debt and equity financing, which allows InvenTrust to capitalize on market opportunities and optimize its capital structure.

InvenTrust Properties Financial Statement Overview

Summary

InvenTrust Properties has shown strong financial health with a solid revenue growth rate and improved profit margins, despite a slight decline in gross profit. The balance sheet is robust with no current debt obligations, though cash flow management needs attention due to negative free cash flow growth.

Income Statement

InvenTrust Properties shows a positive trajectory in its income statement with a solid revenue growth rate of 5.3% from previous year to TTM (Trailing-Twelve-Months). The company maintains a healthy gross profit margin of 50%, and a notable improvement in net profit margin to 5% in TTM, reflecting improved cost management and profitability. However, the decline in gross profit from the previous year is a concern, suggesting potential cost pressures or pricing challenges. The EBIT and EBITDA margins at 17% and 59% respectively, highlight strong operational efficiency and cash generation capabilities.

Balance Sheet

The balance sheet of InvenTrust Properties is robust, characterized by a significant reduction in total debt, resulting in a debt-to-equity ratio of 0, which indicates no current debt obligations. The equity ratio stands at a strong 67%, demonstrating a solid capital structure. Return on equity is modest at 0.8% due to relatively lower net income, yet the overall equity position provides a cushion against market fluctuations.

Cash Flow

InvenTrust Properties displays steady cash flow performance with a slight decline in operating cash flow from the previous year. The operating cash flow to net income ratio of 7.3 is strong, indicating efficient cash conversion from earnings. However, the free cash flow growth rate shows a negative trend, highlighting potential challenges in managing capital expenditures and investment needs.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
280.25M	273.97M	259.82M	236.71M	211.98M	197.83M
	Gross Profit
170.49M	194.12M	182.18M	163.54M	147.88M	139.08M
	EBIT
48.98M	47.00M	35.81M	40.94M	9.78M	25.43M
	EBITDA
171.61M	164.71M	156.84M	173.96M	98.04M	96.33M
	Net Income Common Stockholders
17.55M	13.66M	5.27M	25.46M	-28.63M	-36.17M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
255.07M	91.22M	96.39M	137.76M	44.85M	222.61M
	Total Assets
2.51B	2.64B	2.49B	2.47B	2.21B	2.41B
	Total Debt
575.02M	740.41M	814.57M	754.55M	533.08M	557.09M
	Net Debt
319.95M	653.02M	718.18M	616.79M	488.23M	334.48M
	Total Liabilities
687.59M	875.95M	933.29M	869.13M	640.86M	668.48M
	Stockholders Equity
1.82B	1.76B	1.55B	1.60B	1.57B	1.74B
Cash Flow		Free Cash Flow
100.07M	100.76M	102.32M	102.07M	70.54M	75.49M
	Operating Cash Flow
142.25M	136.88M	129.62M	125.80M	89.96M	94.16M
	Investing Cash Flow
-223.98M	-240.53M	-79.72M	-144.46M	-64.70M	-49.06M
	Financing Cash Flow
91.19M	95.12M	-87.90M	111.57M	-204.17M	-82.07M

InvenTrust Properties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 27.85
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IVT, the sentiment is Positive. The current price of 27.85 is below the 20-day moving average (MA) of 27.94, above the 50-day MA of 27.83, and below the 200-day MA of 28.89, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.06 is Neutral, neither overbought nor oversold. The STOCH value of 40.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IVT.

InvenTrust Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FCPT	79 Outperform	$2.74B	25.57	7.62%	5.20%	6.20%	0.28%
GTY	76 Outperform	$1.59B	23.72	7.23%	6.56%	7.80%	4.15%
CURB	75 Outperform	$2.41B	189.97		2.79%	―	―
IVT	73 Outperform	$2.16B	122.90	1.07%	3.41%	7.45%	119.81%
WSR	70 Outperform	$1.25B	20.30	7.33%	4.40%	4.39%	24.45%
AKR	65 Neutral	$2.53B	114.86	0.92%	4.21%	2.62%	84.20%
Sector *	63 Neutral	$6.89B	19.01	-1.05%	7.24%	4.74%	-22.06%

InvenTrust Properties Corporate Events

InvenTrust Properties Sells California Portfolio for $306M

On June 6, 2025, InvenTrust Properties Corp. completed the sale of its California Portfolio, consisting of five assets, for approximately $306 million. The proceeds from this sale are being reinvested into growth-oriented Sun Belt markets, aligning with the company’s strategic objective of portfolio optimization and capital allocation. This move is expected to create long-term value for shareholders and demonstrates InvenTrust’s commitment to strengthening its presence in economically robust regions.

The most recent analyst rating on (IVT) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on InvenTrust Properties stock, see the IVT Stock Forecast page.

InvenTrust Properties Holds Annual Stockholders Meeting

On May 6, 2025, InvenTrust Properties Corp. held its Annual Meeting of Stockholders where three key proposals were voted on. Stockholders elected eight directors to serve until the next annual meeting, ratified KPMG LLP as the independent accounting firm for 2025, and approved the executive compensation plan on an advisory basis. These decisions are expected to influence the company’s governance and financial oversight, potentially impacting its strategic direction and stakeholder confidence.

InvenTrust Properties Highlights Strong Q1 2025 Performance

On May 1, 2025, InvenTrust Properties Corp. released an investor presentation outlining its performance and strategic focus. The company reported strong fundamentals with a 97.3% leased occupancy rate and a 90% tenant retention rate for the first quarter of 2025. InvenTrust continues to focus on its grocery-anchored portfolio, which generates 86% of its net operating income, and aims to capitalize on demographic trends in the Sun Belt region. The company maintains a robust balance sheet with investment-grade ratings and a pipeline for future growth, positioning itself favorably in the retail real estate market.