InvenTrust Properties Price, Forecast, Insider, Ratings, Fundamentals & Signals

Downers grove, ill.--(business wire)--inventrust properties corp. (“inventrust” or the “company”) (nyse: ivt) today reported financial and operating results for the first quarter of 2024. for the three months ended march 31, 2024 and 2023, the company reported net income of $2.9 million, or $0.04 per diluted share, and $1.1 million, or $0.02 per diluted share, respectively. first quarter 2024 highlights: nareit ffo of $0.45 per diluted share core ffo of $0.44 per diluted share same property net.

Downers grove, ill.--(business wire)--inventrust properties corp. (“inventrust” or the “company”) (nyse: ivt) today announced that it will report its first quarter 2024 earnings results on april 30, 2024, after the market closes. the company's earnings release and any supplemental information will be posted on the investor relations section of the company's website – www.inventrustproperties.com/investor-relations/. inventrust will host an earnings conference call to discuss the company's resul.

Downers grove, ill.--(business wire)--inventrust properties corp. (nyse: ivt) announced today that its board of directors declared a first quarter 2024 cash distribution of $0.226 per share of common stock, which represents a 5% year-over-year increase. when annualized, this is equal to a rate of $0.905 per share. this distribution will be paid on or about april 15, 2024, to stockholders of record as of march 31, 2024. about inventrust properties corp. inventrust properties corp. (“we,” the “co.

Downers grove, ill.--(business wire)--inventrust properties corp. (“inventrust” or the “company”) (nyse: ivt) today reported financial and operating results for the fourth quarter and full year ended december 31, 2023 and provided initial guidance for 2024. for the three months ended december 31, 2023 and 2022, the company reported net income of $2.9 million, or $0.04 per diluted share, compared to a net loss of $0.1 million, or $0.00 per diluted share, respectively. for the years ended decembe.

Downers grove, ill.--(business wire)--inventrust properties corp. (“inventrust” or the “company”) (nyse: ivt) today announced the tax reporting information for the 2023 distributions on its common stock. the tax reporting information as it will be reported on the form 1099-div, on a per share basis, is as follows: common shares (nyse: ivt); cusip # 46124j201 record date payable date total distribution per share distribution allocated to 2023 total ordinary dividends total capital gain distribut.

The stock market reacted to the Federal Reserve's decisions with initial optimism, then reverted to pessimism, and now seems back to optimism. Fed Chair Jay Powell does not expect inflation to return to the target of 2% in the next few months but believes it will come down later this year. There are weakening trends in small business, the labor market, and consumer finances that lead me to believe the economy is in the "late-cycle" phase.

InvenTrust Properties Corp. (NYSE:IVT ) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ET Company Participants Dan Lombardo - Vice President, Investor Relations DJ Busch - President and Chief Executive Officer Mike Phillips - Chief Financial Officer Christy David - Chief Operating Officer Dave Heimberger - Chief Investment Officer Conference Call Participants Dori Kesten - Wells Fargo Andrew Reale - Bank of America Paulina Rojas - Green Street Operator Thank you for standing by, and welcome to InvenTrust First Quarter 2024 Earnings Conference Call. My name is Harry, and I will be your conference call operator today.

REITs bounced back from a rough start to the year with a strong +3.26% average total return in March. Mid cap (+5.04%), small cap (+3.90%) and large cap REITs (+2.32%) averaged gains in March, while micro caps (-0.32%) saw yet another month in the red. 78.06% of REIT securities had a positive total return in March.

The US economy is experiencing conflicting trends, with job gains being driven by immigration while native-born Americans are leaving the workforce. The manufacturing sector may be experiencing a rebound due to government subsidies rather than fundamental economic growth. Commercial real estate has not crashed as expected, with lenders extending loans and delaying the marking down of property values.

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced that it will report its first quarter 2024 earnings results on April 30, 2024, after the market closes. The Company's earnings release and any supplemental information will be posted on the Investor Relations section of the Company's website – www.inventrustproperties.com/investor-relations/. InvenTrust will host an earnings conference call to discuss the Company's resul.

InvenTrust Properties is a newcomer in the publicly-traded Shopping Center REIT space and its stock has performed well over the past year. IVT focuses on premier locations across the U.S. Sunbelt and has a high exposure to grocery-anchored properties, making it recession and e-commerce resilient. The company has a high occupancy rate, strong tenant demand, and pays a well-covered dividend.

Retail REIT share prices have declined more than the overall REIT sector, presenting a potential investment opportunity. The Marcus & Millichap 2024 Retail Forecast highlights job growth, migration patterns, and rising retail space demand. The top markets for retail investment are dominated by Florida and Texas, creating opportunities for shopping center landlords in the Sun Belt.

I acknowledge the difficulty of predicting the future of the economy but maintain the belief that it will return to a state of slow growth, disinflation, and low interest rates. I also argue that interest rates are being held up by the Federal Reserve and predict that they will come down once the CPI continues to decrease and rate cuts are implemented. I am investing heavily in real estate investment trusts, or REITs, particularly in the retail and industrial sectors, as they are currently undervalued and have potential for growth.

The Sunbelt region is experiencing rapid population growth. This has also led to a surge in construction activity, particularly in the multifamily property sector. However, retail real estate is underbuilt. We highlight our Top Picks.

Investing in REITs primarily for high income can be risky as higher yields often correspond with higher risk. REITs with a low cost of capital can buy higher quality properties, while those with a higher cost of capital are often caught in a vicious cycle of declining quality. Several net lease REITs show the dangers of getting caught in the Vicious Cycle as well as the rewards that flow from achieving the Virtuous Cycle.