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

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$22.85 +2.23 (+10.81 %)
(As of 01/15/2019 04:00 PM ET)
Previous Close$20.62
Today's Range$20.61 - $22.85
52-Week Range$16.82 - $57.23
Volume24,817 shs
Average Volume70,814 shs
Market Capitalization$640.48 million
P/E Ratio1.10
Dividend Yield4.60%
Beta0.29
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

Current Ratio6.17
Quick Ratio6.16

Price-To-Earnings

Sales & Book Value

Annual Sales$183.91 million
Price / Sales3.91
Cash Flow$23.5567 per share
Price / Cash Flow0.97
Book Value$61.82 per share
Price / Book0.37

Profitability

Net Income$774.62 million
Net Margins400.39%
Return on Assets33.79%

Miscellaneous

Employees928
Market Cap$640.48 million
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. Investors of record on Thursday, November 8th will be given a dividend of $0.4687 per share on Monday, November 19th. This represents a dividend 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 earnings results on Wednesday, November, 7th. The financial services provider reported $7.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $6.82. The financial services provider earned $40.37 million during the quarter, compared to analysts' expectations of $47.64 million. IRSA Propiedades Comerciales had a return on equity of 58.57% and a net margin of 400.39%. 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 Thursday, February 14th 2019. View Earnings Estimates for IRSA Propiedades Comerciales.

What price target have analysts set for IRCP?

3 analysts have issued 12-month price objectives for IRSA Propiedades Comerciales' stock. Their forecasts range from $34.00 to $34.00. On average, they expect IRSA Propiedades Comerciales' stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 48.8% from the stock's current price. View Analyst Price Targets for IRSA Propiedades Comerciales.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IRSA Propiedades Comerciales in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy 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?

Press coverage about IRCP stock has been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. IRSA Propiedades Comerciales earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

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).

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 many different of retail and institutional investors. Top institutional shareholders include Verde Servicos Internacionais S.A. (0.90%).

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..

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 $22.85.

How big of a company is IRSA Propiedades Comerciales?

IRSA Propiedades Comerciales has a market capitalization of $640.48 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. IRSA Propiedades Comerciales employs 928 workers across the globe.

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:  97 (Vote Outperform)
Underperform Votes:  118 (Vote Underperform)
Total Votes:  215
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 1/15/2019 by MarketBeat.com Staff

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