NASDAQ:IRCP - IRSA Propiedades Comerciales Stock Price, News, & Analysis

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$21.40 -0.60 (-2.73 %)
(As of 03/26/2019 04:07 AM ET)
Previous Close$22.00
Today's Range$21.29 - $21.86
52-Week Range$16.82 - $47.05
Volume26,736 shs
Average Volume15,096 shs
Market Capitalization$674.10 million
P/E Ratio1.03
Dividend Yield4.25%
Beta0.55
IRSA Propiedades Comerciales S.A. operates as an investment arm of IRSA Inversiones y Representaciones S.A. Alto Palermo S.A. engages in the ownership, acquisition, development, leasing, management, and operation of shopping centers, as well as residential and commercial complexes in Argentina. As of June 30, 2007, it owned and operated ten shopping centers covering a total of 264,995 square meters in Argentina, including six in the Buenos Aires metropolitan area and four in the provinces of Cordoba, Mendoza, Salta, and Santa Fe; and a condominium called Torres de Abasto located in front of the Abasto Shopping Center in Buenos Aires. The company offers leases to retail tenants in its ten shopping centers; administration and maintenance of common areas; administration of contributions made by tenants to finance promotional efforts for the shopping centers; and parking lot services for visitors. The company also offers credit card consumer finance service, through the issuance of its Tarjeta Shopping and Tarjeta Shopping Metroshop credit cards, for consumers at shopping centers, hypermarkets, and street stores. It also engages in the development and sale of residential properties, and acquisition and sale of undeveloped parcels of land for future development. In addition, it engages in the development of condominiums associated with its shopping centers. The company was founded in 1889 and is headquartered in Buenos Aires, Argentina.

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Industry, Sector and Symbol

Industry Nonresidential building operators
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:IRCP
CUSIPN/A
Phone54-11-4344-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$183.91 million
Cash Flow$20.3810 per share
Book Value$61.82 per share

Profitability

Net Income$774.62 million

Miscellaneous

EmployeesN/A
Market Cap$674.10 million
Next Earnings Date5/14/2019 (Estimated)
OptionableNot Optionable

IRSA Propiedades Comerciales (NASDAQ:IRCP) Frequently Asked Questions

What is IRSA Propiedades Comerciales' stock symbol?

IRSA Propiedades Comerciales trades on the NASDAQ under the ticker symbol "IRCP."

How often does IRSA Propiedades Comerciales pay dividends? What is the dividend yield for IRSA Propiedades Comerciales?

IRSA Propiedades Comerciales declared a semiannual dividend on Tuesday, October 30th. Shareholders of record on Thursday, November 8th will be paid a dividend of $0.4687 per share on Monday, November 19th. This represents a yield of 3.87%. The ex-dividend date is Wednesday, November 7th. View IRSA Propiedades Comerciales' Dividend History.

How were IRSA Propiedades Comerciales' earnings last quarter?

IRSA Propiedades Comerciales SA (NASDAQ:IRCP) issued its quarterly earnings results on Friday, February, 22nd. The financial services provider reported ($4.25) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $4.60. The financial services provider had revenue of $46.04 million for the quarter, compared to the consensus estimate of $54.51 million. IRSA Propiedades Comerciales had a return on equity of 15.40% and a net margin of 140.70%. View IRSA Propiedades Comerciales' Earnings History.

When is IRSA Propiedades Comerciales' next earnings date?

IRSA Propiedades Comerciales is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for IRSA Propiedades Comerciales.

What price target have analysts set for IRCP?

2 Wall Street analysts have issued 12 month price targets for IRSA Propiedades Comerciales' shares. Their forecasts range from $34.00 to $34.00. On average, they anticipate IRSA Propiedades Comerciales' share price to reach $34.00 in the next twelve months. This suggests a possible upside of 58.9% from the stock's current price. View Analyst Price Targets for IRSA Propiedades Comerciales.

What is the consensus analysts' recommendation for IRSA Propiedades Comerciales?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IRSA Propiedades Comerciales in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for IRSA Propiedades Comerciales.

Has IRSA Propiedades Comerciales been receiving favorable news coverage?

News stories about IRCP stock have been trending neutral on Tuesday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. IRSA Propiedades Comerciales earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the company's share price in the immediate future.

Who are some of IRSA Propiedades Comerciales' key competitors?

Some companies that are related to IRSA Propiedades Comerciales include Piedmont Office Realty Trust (PDM), J.W. Mays (MAYS), Gyrodyne (GYRO), AmBase (ABCP) and Elbit Imaging (EMITF).

What other stocks do shareholders of IRSA Propiedades Comerciales own?

Who are IRSA Propiedades Comerciales' key executives?

IRSA Propiedades Comerciales' management team includes the folowing people:
  • Mr. Alejandro Gustavo Elsztain, Exec. Vice Chairman, CEO & GM (Age 53)
  • Mr. Saul Zang, First Vice Chairman & Acting Pres (Age 74)
  • Mr. Matias Ivan Gaivironsky, Chief Financial & Admin. Officer (Age 43)
  • Mr. Daniel Ricardo Elsztain, COO, Operating Mang. & Exec. Director (Age 47)
  • Mr. Arnaldo Jawerbaum, Chief Investment Officer (Age 53)

Who are IRSA Propiedades Comerciales' major shareholders?

IRSA Propiedades Comerciales' stock is owned by a number of of retail and institutional investors. Top institutional investors include Standard Life Aberdeen plc (2.00%), Verde Servicos Internacionais S.A. (0.90%), Newfoundland Capital Management (0.65%), 683 Capital Management LLC (0.23%), Macquarie Group Ltd. (0.18%) and VR Advisory Services Ltd (0.16%).

Which major investors are selling IRSA Propiedades Comerciales stock?

IRCP stock was sold by a variety of institutional investors in the last quarter, including Verde Servicos Internacionais S.A., Standard Life Aberdeen plc and Acadian Asset Management LLC.

Which major investors are buying IRSA Propiedades Comerciales stock?

IRCP stock was bought by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., VR Advisory Services Ltd, 683 Capital Management LLC, City of London Investment Management Co. Ltd., Newfoundland Capital Management and BlackRock Inc..

How do I buy shares of IRSA Propiedades Comerciales?

Shares of IRCP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is IRSA Propiedades Comerciales' stock price today?

One share of IRCP stock can currently be purchased for approximately $21.40.

How big of a company is IRSA Propiedades Comerciales?

IRSA Propiedades Comerciales has a market capitalization of $674.10 million and generates $183.91 million in revenue each year. The financial services provider earns $774.62 million in net income (profit) each year or $20.83 on an earnings per share basis.

What is IRSA Propiedades Comerciales' official website?

The official website for IRSA Propiedades Comerciales is http://www.irsacp.com.ar.

How can I contact IRSA Propiedades Comerciales?

IRSA Propiedades Comerciales' mailing address is Moreno 877 22nd Floor, BUENOS AIRES C1, C1091AAQ. The financial services provider can be reached via phone at 54-11-4344-4600 or via email at [email protected]


MarketBeat Community Rating for IRSA Propiedades Comerciales (NASDAQ IRCP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  106 (Vote Outperform)
Underperform Votes:  127 (Vote Underperform)
Total Votes:  233
MarketBeat's community ratings are surveys of what our community members think about IRSA Propiedades Comerciales and other stocks. Vote "Outperform" if you believe IRCP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IRCP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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