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InvenTrust Properties Corp. - $IVT STOCK NEWS

Welcome to our dedicated page for InvenTrust Properties news (Ticker: $IVT), a resource for investors and traders seeking the latest updates and insights on InvenTrust Properties stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect InvenTrust Properties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of InvenTrust Properties's position in the market.

Rhea-AI Summary

InvenTrust Properties Corp. reported strong financial results for the first quarter of 2024, with Net Income of $2.9 million, Nareit FFO of $0.45 per diluted share, Core FFO of $0.44 per diluted share, and a 4.1% increase in Same Property NOI. The Company's Leased Occupancy was at 96.3%, with positive leasing spreads and acquisitions contributing to growth. InvenTrust's low-levered balance sheet positions it well for further growth opportunities.

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End-of-Day
-0.24%
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Rhea-AI Summary
InvenTrust Properties Corp. (IVT) will report its first quarter 2024 earnings on April 30, 2024. The earnings conference call is scheduled for May 1, 2024, at 10:00 a.m. ET. Investors can access the webcast and replay on the company's website.
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End-of-Day
0.66%
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Rhea-AI Summary
InvenTrust Properties Corp. (IVT) declared a first quarter 2024 cash distribution of $0.226 per share, a 5% year-over-year increase, amounting to an annualized rate of $0.905 per share.
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End-of-Day
-0.44%
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dividends earnings
Rhea-AI Summary
InvenTrust Properties Corp. reported financial results for Q4 2023 and FY 2023, showing Net Income of $2.9M for Q4 and $5.3M for FY. NAREIT FFO was $0.45 per share for Q4 and $1.70 for FY. Core FFO was $0.41 per share for Q4 and $1.65 for FY. Same Property NOI grew by 6.4% for Q4 and 4.9% for FY. The company raised $5.4M through an equity offering program and increased dividends by 5%. Initial 2024 guidance shows Net Income per diluted share expected between $0.04 - $0.10, NAREIT FFO between $1.69 - $1.75, and Core FFO between $1.66 - $1.70.
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Rhea-AI Sentiment
End-of-Day
0.48%
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Rhea-AI Summary
InvenTrust Properties Corp. (IVT) has released the tax reporting information for the 2023 distributions on its common stock. The Form 1099-DIV reveals that the total distribution per share for the year was $1.067200, with $0.954700 allocated to total ordinary dividends and $0.749021 to return of capital. The company also provided specific details on the breakdown of distributions for each quarter, along with important notes for income tax purposes.
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Rhea-AI Summary
InvenTrust Properties Corp. (IVT) will report its Q4 and full year 2023 earnings results on February 13, 2024, after the market closes. The earnings release and supplemental information will be posted on the Investor Relations section of the Company’s website. An earnings conference call to discuss the results and business highlights will be held on February 14, 2024, at 10:00 a.m. ET.
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Rhea-AI Sentiment
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1.24%
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Rhea-AI Summary
InvenTrust Properties Corp. (IVT) declared a quarterly cash distribution of $0.2155 per share of common stock for the quarter ending December 31, 2023, equal to a rate of $0.862 per share annually.
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-2.16%
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dividends
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Rhea-AI Summary
InvenTrust Properties Corp. (IVT) appoints Julian (Jay) E. Whitehurst as Chairperson of the Board of Directors, succeeding Paula Saban. Whitehurst's appointment comes as the company aims to expand its portfolio of grocery-anchored, Sun Belt assets and grow free cash flow and shareholder value. The former Chairperson, Saban, will continue to serve on the Board, overseeing Compensation and Nominating and Corporate Governance Committees.
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Rhea-AI Sentiment
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1.03%
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Rhea-AI Summary
InvenTrust Properties Corp. reported a net loss of $0.8 million for the third quarter of 2023, compared to net income of $0.9 million in the same period last year. NAREIT FFO and Core FFO were both $0.41 per diluted share. Same Property NOI grew by 5.3%. Leased occupancy was 95.1% as of September 30, 2023. The company executed 74 leases totaling approximately 273,000 square feet of GLA, with a blended comparable lease spread of 9.3%.
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Rhea-AI Sentiment
End-of-Day
0.87%
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Rhea-AI Summary
InvenTrust Properties Corp. will report its Q3 2023 earnings results on November 1, 2023. An earnings conference call will be held on November 2, 2023.
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Rhea-AI Sentiment
End-of-Day
0.34%
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InvenTrust Properties Corp.

NYSE:IVT

IVT Rankings

IVT Stock Data

1.70B
67.46M
0.45%
64.73%
2.22%
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Finance and Insurance
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United States of America
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About IVT

inventrust properties corp. is a premier real estate investment trust that owns, manages and leases multi-tenant outdoor shopping centers in high growth markets. we work collaboratively with our retail partners to create shared success: dynamic shopping center operations and consumer-friendly shopping experiences. inventrust is characterized by our extensive experience in retail and the company’s deep understanding of our key markets. with offices in dallas, houston, austin, denver, atlanta, orlando, raleigh and southern california, inventrust is focused on expanding in markets characterized by job growth, wage growth, economic development and high traffic patterns as we continue to build a retail portfolio with premium assets that have strong demographics. in conjunction with our evolution into a pure play retail reit, inventrust has spun off our non-core assets into a separate reit and recently sold our student housing platform. these transactions are the culmination of a plan to foc