InvenTrust Properties Q2 FFO per share rises on healthy leasing activity
IVT•Outlook
- InvenTrust raises 2026 net income guidance to $0.12-$0.18 per diluted share
- The company now sees 2026 Nareit FFO per diluted share at $2.01-$2.07
- InvenTrust maintains 2026 Core FFO guidance at $1.92-$1.96 per diluted share
Analyst coverage
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the commercial REITs peer group is "buy"
- Wall Street's median 12-month price target for InvenTrust Properties Corp. is $37.50, about 5.9% above its July 31 closing price of $35.41
- The stock recently traded at 171 times the next 12-month earnings versus a P/E of 150 three months ago
Quarterly results and key drivers
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US retail REIT's Q2 net income declined sharply from the prior year due to a 2025 asset sale
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Nareit FFO and Core FFO per share rose year over year, and Same Property NOI grew 4.1%
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The company acquired three properties for $132.6 million and issued $250 million in senior notes
