Inventrust P Ord Stock Price, News & Analysis

InvenTrust Properties reported strong Q1 2025 financial results, with net income reaching $6.8 million ($0.09 per share), up from $2.9 million in Q1 2024. The company achieved notable metrics including:

Key performance highlights include Nareit FFO of $0.48 per share, Core FFO of $0.46 per share, and Same Property NOI growth of 6.1%. The company maintained high occupancy rates with 97.3% Leased Occupancy, including 99.5% for anchor tenants and 93.4% for small shops.

Post-quarter, InvenTrust expanded its portfolio by acquiring two properties: Plaza Escondida in Tucson for $23 million and Carmel Village in Charlotte for $19.9 million. The company maintains strong liquidity of $577.4 million and reaffirmed its 2025 guidance with projected net income of $0.27-$0.33 per share.

The company's Sun Belt-focused strategy continues to benefit from favorable demographics and resilient consumer spending, despite economic uncertainties.

InvenTrust Properties (NYSE: IVT) has scheduled its first quarter 2025 earnings release for April 30, 2025, after market close. The company will follow up with an earnings conference call on May 1, 2025, at 10:00 a.m. ET to discuss results and business highlights.

The earnings release and supplemental information will be available on the company's investor relations website. Interested parties can access the conference call via phone using the dial-in number 833-470-1428 with access code 200651, or through the webcast link provided.

InvenTrust Properties (NYSE: IVT) has announced a 5% increase in its quarterly cash dividend for the first quarter of 2025. The company will distribute $0.2376 per share of common stock, which equates to an annualized rate of $0.9505 per share. The dividend will be paid around April 15, 2025, to shareholders of record as of March 31, 2025.

InvenTrust Properties (NYSE: IVT) has appointed Julie M. Swinehart to its Board of Directors as an independent director and member of both the Audit and Compensation Committees. Swinehart currently serves as Executive Vice President and Chief Financial Officer of Fenway Sports Group, and previously held the position of Executive Vice President, CFO & Treasurer at Retail Properties of America (RPAI).

With extensive financial expertise and leadership experience in real estate, Swinehart's background includes roles as Chief Accounting Officer at RPAI, Manager of External Reporting at Equity Office Properties Trust, and eight years in public accounting at Arthur Andersen LLP and Deloitte & Touche LLP. She holds a B.S. in accountancy from the University of Illinois and is a Certified Public Accountant.

InvenTrust Properties (NYSE: IVT) reported strong financial results for Q4 and full year 2024. Net Income reached $9.8 million ($0.13 per share) in Q4 2024, up from $2.9 million in Q4 2023. Full-year Net Income was $13.7 million ($0.19 per share), compared to $5.3 million in 2023.

Key highlights include: Nareit FFO of $0.45 per share in Q4 and $1.78 for the full year; Core FFO of $0.43 per share in Q4 and $1.73 for the full year; Same Property NOI growth of 7.1% in Q4 and 5.0% for the full year; record-high Leased Occupancy of 97.4%. The company acquired four properties totaling 614,000 square feet in Q4 and announced a 5% dividend increase starting April 2025.

For 2025, InvenTrust provided initial guidance projecting Net Income per share of $0.27-$0.33, Nareit FFO per share of $1.83-$1.89, and Same Property NOI growth of 3.50%-4.50%. The company maintains strong liquidity with $587.4 million available, including $87.4 million in cash.

InvenTrust Properties (NYSE: IVT) has released its tax reporting information for 2024 distributions on its common stock. The company detailed four quarterly distributions totaling $0.894400 per share for 2024, with the following breakdown:

- Q1 (January): $0.215500 (partially allocated to 2024)
- Q2 (April): $0.226300
- Q3 (July): $0.226300
- Q4 (October): $0.226300

Of the total distributions, $0.756215 per share is classified as ordinary dividends, $0.035185 as return of capital, and $0.756215 qualifies as Section 199A dividends. For the December 2023 distribution, $0.103000 was reported in 2023, while $0.112500 is allocated to 2024.

InvenTrust Properties Corp. (NYSE: IVT) has scheduled its fourth quarter and full year 2024 earnings announcement for February 11, 2025, after market close. The company will host an earnings conference call on February 12, 2025, at 10:00 a.m. ET to discuss results and business highlights.

The earnings release and supplemental information will be available on the company's investor relations website. Investors can participate in the conference call using dial-in number 833-470-1428 with access code 625026, or join via webcast.

InvenTrust Properties Corp. (NYSE: IVT) has announced a quarterly cash dividend of $0.2263 per share for the fourth quarter of 2024. This represents a 5% increase compared to the previous year. When annualized, the dividend amounts to $0.9052 per share. The dividend will be paid around January 15, 2025, to shareholders of record as of December 30, 2024.

InvenTrust Properties reported its Q3 2024 financial results with a net loss of $0.5 million ($0.01 per share). Key highlights include Nareit FFO of $0.45 and Core FFO of $0.44 per diluted share, with Same Property NOI growth of 6.5%. The company achieved 97.0% leased occupancy and executed 59 leases totaling 469,000 square feet with a 9.8% blended lease spread. Notable activities include acquiring Scottsdale North Marketplace for $23 million and raising $247.3 million through equity issuance. The company updated its 2024 guidance, projecting Net Income of $0.09-$0.12 per share and Nareit FFO of $1.74-$1.77 per share.