Inventrust P Ord Stock Price, News & Analysis

InvenTrust Properties Corp. (NYSE: IVT) has declared a quarterly cash distribution of $0.2052 per share for the quarter ending December 31, 2022. This payment is set to occur on or about January 13, 2023, with stockholders of record as of December 29, 2022. IVT is a leading retail REIT focusing on grocery-anchored neighborhood and community centers in the Sun Belt region. As of September 30, 2022, it manages 62 properties covering approximately 10.5 million square feet.

InvenTrust Properties Corp. (NYSE: IVT) reported Q3 2022 financial results, revealing a net income of $0.9 million ($0.01 per diluted share), down from $4.0 million ($0.06 per diluted share) in Q3 2021. Notable highlights include NAREIT FFO of $26.1 million ($0.39 per diluted share) and Core FFO of $25.2 million ($0.37 per diluted share). The company achieved a leased occupancy rate of 95.6% and executed 83 leases totaling 478,000 square feet. Financial liquidity stood at $574.1 million. InvenTrust updated its 2022 guidance, increasing projected NAREIT FFO to $1.65 - $1.69 per diluted share.

InvenTrust Properties Corp. (NYSE: IVT) has appointed Smita N. Shah to its Board of Directors, effective immediately. Shah, President and CEO of SPAAN Tech, brings extensive management experience and insights into government programs. Her addition aims to enhance governance and management oversight at InvenTrust. Chairperson Paula J. Saban highlighted Shah's leadership and commitment to maximizing shareholder value. Shah expressed enthusiasm for contributing to InvenTrust's strategy focused on the grocery-anchored portfolio in the Sun Belt, which has positioned the company for strong results despite market volatility.

InvenTrust Properties Corp. (NYSE: IVT) will report its Q3 2022 earnings results on November 1, 2022, after market close. An earnings conference call is scheduled for November 2, 2022, at 9:00 a.m. ET. The Company owns and manages 62 retail properties, totaling 10.5 million square feet as of June 30, 2022. InvenTrust is committed to enhancing its ESG practices and has been a member of the Global Real Estate Sustainability Benchmark since 2013. Investors can access earnings details on the Company's website.

InvenTrust Properties Corp. (NYSE: IVT) has declared a quarterly cash distribution of $0.2052 per share for the quarter ending September 30, 2022. This payment is scheduled for October 14, 2022, to shareholders of record as of September 30, 2022. InvenTrust operates as a multi-tenant essential retail REIT, focusing primarily on grocery-anchored neighborhood and community centers in Sun Belt markets. As of June 30, 2022, the company manages 62 retail properties with a total of 10.5 million square feet of retail space.

InvenTrust Properties Corp. (NYSE: IVT) reported a substantial increase in net income for Q2 2022, reaching $41.9 million or $0.62 per diluted share, up from $1.5 million or $0.02 from Q2 2021. NAREIT FFO rose to $30.4 million ($0.45 per diluted share), a significant growth from $25 million. Core FFO also increased to $28.6 million ($0.42 per diluted share). Same Property NOI saw a 7.7% increase, while occupancy remained strong at 95.4%. The company has declared a quarterly cash distribution of $0.2052 per share, contributing to its positive outlook.

InvenTrust Properties Corp. (NYSE: IVT) will announce its second quarter 2022 earnings on August 1, 2022, post-market. The earnings report will be accessible on their Investor Relations website. A conference call to discuss results is scheduled for August 2, 2022, at 9:00 a.m. ET. InvenTrust, focused on Sun Belt retail properties, manages 63 retail locations with a total of 10.6 million square feet as of March 31, 2022. The company emphasizes ESG practices and seeks growth in the essential retail sector.

InvenTrust Properties Corp. (NYSE: IVT) announced its inaugural Environmental, Social, and Governance (ESG) Report, highlighting its commitment to corporate responsibility. The report showcases 2021 ESG achievements and future goals, including upgrading lighting to energy-efficient LEDs at properties and implementing diversity training for employees. InvenTrust aims for 30% board diversity and has formalized an ESG Steering Committee. CEO Daniel Busch emphasized the company's environmental initiatives, particularly in the Sun Belt, while committing to employee engagement and community support.

InvenTrust Properties Corp. (IVT) will join the Russell 2000® and Russell 3000® Indexes effective June 27, 2022. This inclusion marks a significant milestone since becoming publicly traded in October 2021, enhancing visibility with investors. The Russell indices are a benchmark for approximately $12 trillion in assets, which could lead to increased investor interest and potential stock performance improvements. CEO Daniel (DJ) Busch emphasized the company's commitment to shareholder value through this development.