Comprehensive Stock Comparison
Compare InvenTrust Properties Corp. (IVT) vs Regency Centers Corporation (REG) Stock
Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.
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Quick Verdict
| Category | Winner | Why |
|---|---|---|
| Growth | REG | 9.7% revenue growth vs IVT's 9.2% |
| Value | REG | Lower P/E (32.1x vs 153.5x) |
| Quality / Margins | IVT | 37.3% net margin vs REG's 26.4% |
| Stability / Safety | REG | Beta 0.52 vs IVT's 0.54 |
| Dividends | REG | 3.4% yield; 4-year raise streak; IVT pays no meaningful dividend |
| Momentum (1Y) | IVT | +8.0% vs REG's +6.7% |
| Efficiency (ROA) | IVT | 4.0% ROA vs REG's 3.2%, ROIC 1.5% vs 6.1% |
Who Each Stock Is For
Income & stability
Growth exposure
Long-term compounding (10Y)
Sleep-well-at-night portfolio
Defensive / Recession hedge
Business Model
What each company does and how it makes money
InvenTrust Properties Corp. is a retail real estate investment trust that owns and operates grocery-anchored shopping centers primarily in Sun Belt markets. It generates revenue through rental income from tenants—with grocery stores serving as anchor tenants that drive consistent foot traffic—and property management fees. The company's competitive advantage lies in its focus on essential retail properties in high-growth Sun Belt regions, which provides stable occupancy and resilience against e-commerce disruption.
Regency Centers is a real estate investment trust that owns, operates, and develops grocery-anchored shopping centers in affluent suburban neighborhoods. It generates revenue primarily through rental income from its portfolio of retail properties — with anchor tenants like Publix, Whole Foods, and Kroger providing stable cash flow — and also earns development fees from new projects. The company's competitive advantage lies in its high-quality portfolio concentrated in affluent, densely populated trade areas with strong demographics and limited new retail development.
Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Financial Metrics Comparison
Side-by-side fundamentals across 2 stocks. BestLagging
Financial Scorecard
IVT leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). REG leads in 2 (Financial Metrics, Risk & Volatility). 1 tied.
Financial Metrics (TTM)
REG is the larger business by revenue, generating $1.6B annually — 5.2x IVT's $299M. IVT is the more profitable business, keeping 37.3% of every revenue dollar as net income compared to REG's 26.4%. On growth, IVT holds the edge at +9.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | IVTInvenTrust Proper… | REGRegency Centers C… |
|---|---|---|
| RevenueTrailing 12 months | $299M | $1.6B |
| EBITDAEarnings before interest/tax | $179M | $1.3B |
| Net IncomeAfter-tax profit | $111M | $411M |
| Free Cash FlowCash after capex | $82M | $815M |
| Gross MarginGross profit ÷ Revenue | +48.7% | +64.6% |
| Operating MarginEBIT ÷ Revenue | +17.1% | +58.0% |
| Net MarginNet income ÷ Revenue | +37.3% | +26.4% |
| FCF MarginFCF ÷ Revenue | +27.5% | +52.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +9.4% | +3.5% |
| EPS Growth (YoY)Latest quarter vs prior year | -73.9% | +7.4% |
Valuation Metrics
At 22.0x trailing earnings, IVT trades at a 41% valuation discount to REG's 37.4x P/E. On an enterprise value basis, REG's 14.4x EV/EBITDA is more attractive than IVT's 18.6x.
| Metric | IVTInvenTrust Proper… | REGRegency Centers C… |
|---|---|---|
| Market CapShares × price | $2.4B | $14.4B |
| Enterprise ValueMkt cap + debt − cash | $3.3B | $19.4B |
| Trailing P/EPrice ÷ TTM EPS | 21.97x | 37.44x |
| Forward P/EPrice ÷ next-FY EPS est. | 153.47x | 32.13x |
| PEG RatioP/E ÷ EPS growth rate | — | 4.63x |
| EV / EBITDAEnterprise value multiple | 18.60x | 14.44x |
| Price / SalesMarket cap ÷ Revenue | 8.10x | 9.58x |
| Price / BookPrice ÷ Book value/share | 1.36x | 2.10x |
| Price / FCFMarket cap ÷ FCF | 15.60x | 18.22x |
Profitability & Efficiency
IVT delivers a 6.2% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $6 for REG. IVT carries lower financial leverage with a 0.54x debt-to-equity ratio, signaling a more conservative balance sheet compared to REG's 0.73x. On the Piotroski fundamental quality scale (0–9), REG scores 7/9 vs IVT's 5/9, reflecting strong financial health.
| Metric | IVTInvenTrust Proper… | REGRegency Centers C… |
|---|---|---|
| ROE (TTM)Return on equity | +6.2% | +5.8% |
| ROA (TTM)Return on assets | +4.0% | +3.2% |
| ROICReturn on invested capital | +1.5% | +6.1% |
| ROCEReturn on capital employed | +1.9% | +8.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 |
| Debt / EquityFinancial leverage | 0.54x | 0.73x |
| Net DebtTotal debt minus cash | $922M | $5.0B |
| Cash & Equiv.Liquid assets | $41M | $56M |
| Total DebtShort + long-term debt | $963M | $5.0B |
| Interest CoverageEBIT ÷ Interest expense | 1.49x | 5.13x |
Total Returns (with DRIP)
A $10,000 investment in REG five years ago would be worth $16,665 today (with dividends reinvested), compared to $2,556 for IVT. Over the past 12 months, IVT leads with a +8.0% total return vs REG's +6.7%. The 3-year compound annual growth rate (CAGR) favors IVT at 11.9% vs REG's 11.5% — a key indicator of consistent wealth creation.
| Metric | IVTInvenTrust Proper… | REGRegency Centers C… |
|---|---|---|
| YTD ReturnYear-to-date | +11.9% | +16.2% |
| 1-Year ReturnPast 12 months | +8.0% | +6.7% |
| 3-Year ReturnCumulative with dividends | +40.2% | +38.6% |
| 5-Year ReturnCumulative with dividends | -74.4% | +66.6% |
| 10-Year ReturnCumulative with dividends | -68.8% | +45.5% |
| CAGR (3Y)Annualised 3-year return | +11.9% | +11.5% |
Risk & Volatility
REG is the less volatile stock with a 0.52 beta — it tends to amplify market swings less than IVT's 0.54 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | IVTInvenTrust Proper… | REGRegency Centers C… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.54x | 0.52x |
| 52-Week HighHighest price in past year | $31.91 | $79.08 |
| 52-Week LowLowest price in past year | $25.21 | $63.44 |
| % of 52W HighCurrent price vs 52-week peak | +97.8% | +99.9% |
| RSI (14)Momentum oscillator 0–100 | 66.0 | 70.9 |
| Avg Volume (50D)Average daily shares traded | 384K | 1.1M |
Analyst Outlook
Wall Street rates IVT as "Buy" and REG as "Buy". Consensus price targets imply 5.8% upside for IVT (target: $33) vs 1.5% for REG (target: $80). REG is the only dividend payer here at 3.39% yield — a key consideration for income-focused portfolios.
| Metric | IVTInvenTrust Proper… | REGRegency Centers C… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $33.00 | $80.22 |
| # AnalystsCovering analysts | 4 | 32 |
| Dividend YieldAnnual dividend ÷ price | — | +3.4% |
| Dividend StreakConsecutive years of raises | 7 | 4 |
| Dividend / ShareAnnual DPS | — | $2.68 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.5% |
Historical Charts
Charts are rendered on first load. Hover for details.
Chart 1Total Return — 5 Years (Rebased to 100)
| Stock | Mar 20 | Feb 26 | Change |
|---|---|---|---|
| InvenTrust Properti… (IVT) | 100 | 13.1 | -86.9% |
| Regency Centers Cor… (REG) | 200.73 | 202.59 | +0.9% |
Regency Centers Cor… (REG) returned +67% over 5 years vs InvenTrust Properti… (IVT)'s -74%. A $10,000 investment in REG 5 years ago would be worth $16,665 today (including dividends reinvested).
Chart 2Revenue Growth — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| InvenTrust Properti… (IVT) | $250M | $299M | +19.8% |
| Regency Centers Cor… (REG) | $646M | $1.5B | +132.7% |
InvenTrust Properties Corp.'s revenue grew from $250M (2016) to $299M (2025) — a 2.0% CAGR.
Chart 3Net Margin Trend — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| InvenTrust Properti… (IVT) | 101.2% | 37.2% | -63.2% |
| Regency Centers Cor… (REG) | 25.5% | 26.6% | +4.3% |
InvenTrust Properties Corp.'s net margin went from 101% (2016) to 37% (2025).
Chart 4P/E Ratio History — 9 Years
| Stock | 2017 | 2025 | Change |
|---|---|---|---|
| InvenTrust Properti… (IVT) | 30.7 | 19.9 | -35.2% |
| Regency Centers Cor… (REG) | 69.2 | 35 | -49.4% |
InvenTrust Properties Corp. has traded in a 20x–326x P/E range over 4 years; current trailing P/E is ~22x. Regency Centers Corporation has traded in a 22x–175x P/E range over 8 years; current trailing P/E is ~37x.
Chart 5EPS Growth — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| InvenTrust Properti… (IVT) | 2.9 | 1.42 | -51.0% |
| Regency Centers Cor… (REG) | 1.42 | 2.11 | +48.6% |
InvenTrust Properties Corp.'s EPS grew from $2.90 (2016) to $1.42 (2025) — a -8% CAGR.
Chart 6Free Cash Flow — 5 Years
InvenTrust Properties Corp. generated $155M FCF in 2025 (+120% vs 2021). Regency Centers Corporation generated $790M FCF in 2024 (+99% vs 2021).
IVT vs REG: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is IVT or REG a better buy right now?
InvenTrust Properties Corp. (IVT) offers the better valuation at 22.0x trailing P/E (153.5x forward), making it the more compelling value choice. Analysts rate InvenTrust Properties Corp. (IVT) a "Buy" — based on 4 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — IVT or REG?
On trailing P/E, InvenTrust Properties Corp. (IVT) is the cheapest at 22.0x versus Regency Centers Corporation at 37.4x. On forward P/E, Regency Centers Corporation is actually cheaper at 32.1x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — IVT or REG?
Over the past 5 years, Regency Centers Corporation (REG) delivered a total return of +66.6%, compared to -74.4% for InvenTrust Properties Corp. (IVT). A $10,000 investment in REG five years ago would be worth approximately $17K today (assuming dividends reinvested). Over 10 years, the gap is even starker: REG returned +45.5% versus IVT's -68.8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — IVT or REG?
By beta (market sensitivity over 5 years), Regency Centers Corporation (REG) is the lower-risk stock at 0.52β versus InvenTrust Properties Corp.'s 0.54β — meaning IVT is approximately 3% more volatile than REG relative to the S&P 500. On balance sheet safety, InvenTrust Properties Corp. (IVT) carries a lower debt/equity ratio of 54% versus 73% for Regency Centers Corporation — giving it more financial flexibility in a downturn.
05Which has better profit margins — IVT or REG?
InvenTrust Properties Corp. (IVT) is the more profitable company, earning 37.2% net margin versus 26.6% for Regency Centers Corporation — meaning it keeps 37.2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: REG leads at 64.4% versus 17.2% for IVT. At the gross margin level — before operating expenses — REG leads at 71.2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is IVT or REG more undervalued right now?
On forward earnings alone, Regency Centers Corporation (REG) trades at 32.1x forward P/E versus 153.5x for InvenTrust Properties Corp. — 121.3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for IVT: 5.8% to $33.00.
07Which pays a better dividend — IVT or REG?
In this comparison, REG (3.4% yield) pays a dividend. IVT does not pay a meaningful dividend and should not be held primarily for income.
08Is IVT or REG better for a retirement portfolio?
For long-horizon retirement investors, Regency Centers Corporation (REG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.52), 3.4% yield). Both have compounded well over 10 years (REG: +45.5%, IVT: -68.8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between IVT and REG?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. In terms of investment character: IVT is a small-cap quality compounder stock; REG is a mid-cap income-oriented stock. REG pays a dividend while IVT does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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