Inventrust P Ord Stock Price, News & Analysis

InvenTrust Properties Corp. (NYSE: IVT) has entered into a definitive note purchase agreement for a private placement of $250 million in senior unsecured notes. The issuance includes $150 million in 5.07% Series A notes due August 11, 2029 and $100 million in 5.20% Series B notes due August 11, 2032, with a weighted average fixed interest rate of 5.12%. Proceeds will be used for general corporate purposes, including debt repayment and acquisitions. The notes will be issued on August 11, 2022.

InvenTrust Properties Corp. (NYSE: IVT) will present at NAREIT’s REITWeek 2022 Investor Forum on June 8, 2022, in New York. The management team is set to provide an overview of the company's performance, followed by a Q&A session. The live webcast will occur from 11:00 A.M. to 11:30 A.M. EDT on their website. Additionally, management will hold meetings with investors on June 7-8, 2022. InvenTrust is a premier multi-tenant essential retail REIT managing 63 properties across 9.9 million square feet.

InvenTrust Properties Corp. (NYSE: IVT), a multi-tenant retail REIT, will be added to the MSCI US REIT Index effective May 31, 2022, as part of the May 2022 Semi-Annual Index Review. This addition could enhance IVT's visibility among investors and potentially lead to an increase in share liquidity.

As of March 31, 2022, InvenTrust manages 63 retail properties totaling 9.9 million square feet in the Sun Belt region, focusing on grocery-anchored community centers. The company prioritizes environmental, social, and governance (ESG) practices.

InvenTrust Properties Corp. (NYSE: IVT) reported a robust Q1 2022, achieving a net income of $9.5 million ($0.14 per diluted share), a significant improvement from a net loss of $0.1 million in Q1 2021. Key highlights include NAREIT FFO of $31.7 million ($0.47 per share), a 12.2% increase in Same Property NOI, and a leased occupancy rate of 94.4%. The company launched a $250 million ATM equity offering and a $150 million share repurchase program. Fitch Ratings assigned the firm a 'BBB-' issuer rating, enhancing its credit profile. Updated 2022 guidance indicates potential growth in net income and FFO.

InvenTrust Properties Corp. (NYSE: IVT) has received its inaugural Long-Term Issuer Default Rating of ‘BBB-’ with a stable outlook from Fitch Ratings. This rating was attributed to InvenTrust's conservative balance sheet, strong tenant diversification, and its focus on grocery-anchored assets primarily in the Sun Belt region. CEO DJ Busch highlighted that this investment-grade rating enhances access to capital and supports future growth initiatives. As of December 31, 2021, InvenTrust managed 62 retail properties, totaling 9.5 million square feet.

InvenTrust Properties Corp. (NYSE: IVT) will release its first quarter 2022 earnings results on May 2, 2022, after market close. The earnings conference call is scheduled for May 3, 2022, at 9:00 a.m. ET. Investors can access the earnings release and supplementary information on the company's Investor Relations page. InvenTrust is a leading multi-tenant essential retail REIT focused on grocery-anchored community centers across the Sun Belt region, managing 62 properties totaling 9.5 million square feet as of December 31, 2021.

InvenTrust Properties Corp. (NYSE: IVT) has declared a quarterly cash distribution of $0.2052 per share for the quarter ending March 31, 2022. This payment is scheduled for April 15, 2022, to stockholders of record as of March 31, 2022. InvenTrust, focusing on essential retail in the Sun Belt region, operates 62 properties encompassing 9.5 million square feet, emphasizing sustainable practices and robust tenant relationships.

InvenTrust Properties Corp. (NYSE: IVT) has appointed David Bryson as Chief Accounting Officer, effective immediately. Bryson, who previously served as Vice President and Controller, brings over 15 years of real estate experience, including substantial SEC reporting expertise. CFO Mike Phillips expressed confidence in Bryson's leadership, highlighting the importance of this role in advancing the company’s financial strategy. InvenTrust is recognized for its multi-tenant essential retail REIT operations, focusing on acquiring grocery-anchored retail properties in the Sun Belt region.

InvenTrust Properties Corp. (NYSE: IVT) reported a Net Loss of $10.8 million, or $0.16 per share, for Q4 2021, compared to a Net Income of $1.2 million, or $0.02 per share, in Q4 2020. Full-year Net Loss was $5.4 million, an improvement from a loss of $10.2 million in 2020. NAREIT FFO for Q4 was $9.9 million ($0.14/share), down from $29.1 million ($0.40/share) in the previous year. Despite challenges, Pro Rata Same Property NOI grew by 3.1% in Q4 and 4.4% year-to-date. The company also declared a quarterly cash distribution of $0.2052 per share, a 5% increase.