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NASDAQ:IRCPIRSA Propiedades Comerciales Stock Price, Forecast & News

$5.95
-0.16 (-2.62 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$5.51
Now: $5.95
$6.15
50-Day Range
$5.10
MA: $6.20
$6.78
52-Week Range
$5.06
Now: $5.95
$22.24
Volume27,242 shs
Average Volume8,526 shs
Market Capitalization$187.43 million
P/E RatioN/A
Dividend Yield9.96%
Beta1.09
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.91 out of 5 stars


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$172.54 million
Book Value$33.91 per share

Profitability

Net Income$-474,260,000.00
Net Margins-165.64%

Miscellaneous

Employees928
Market Cap$187.43 million
Next Earnings Date6/4/2020 (Estimated)
OptionableNot Optionable

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IRSA Propiedades Comerciales (NASDAQ:IRCP) Frequently Asked Questions

How has IRSA Propiedades Comerciales' stock been impacted by COVID-19 (Coronavirus)?

IRSA Propiedades Comerciales' stock was trading at $11.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IRCP stock has decreased by 46.2% and is now trading at $5.95. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of IRSA Propiedades Comerciales?

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

When is IRSA Propiedades Comerciales' next earnings date?

IRSA Propiedades Comerciales is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for IRSA Propiedades Comerciales.

What price target have analysts set for IRCP?

1 brokers have issued 12-month price targets for IRSA Propiedades Comerciales' shares. Their forecasts range from $18.00 to $18.00. On average, they anticipate IRSA Propiedades Comerciales' share price to reach $18.00 in the next year. This suggests a possible upside of 202.5% from the stock's current price. View analysts' price targets for IRSA Propiedades Comerciales.

Has IRSA Propiedades Comerciales been receiving favorable news coverage?

Media headlines about IRCP stock have been trending extremely negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. IRSA Propiedades Comerciales earned a news sentiment score of -5.0 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutIRSA Propiedades Comerciales.

Who are some of IRSA Propiedades Comerciales' key competitors?

What other stocks do shareholders of IRSA Propiedades Comerciales own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IRSA Propiedades Comerciales investors own include Ares Capital (ARCC), AbbVie (ABBV), ARBOR RLTY TR I/SH (ABR), Micron Technology (MU), Omega Healthcare Investors (OHI), China Petroleum & Chemical (SNP), Southern (SO), Seagate Technology (STX), Viper Energy Partners (VNOM) and Broadcom (AVGO).

Who are IRSA Propiedades Comerciales' key executives?

IRSA Propiedades Comerciales' management team includes the following 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)

What is IRSA Propiedades Comerciales' stock symbol?

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

Who are IRSA Propiedades Comerciales' major shareholders?

IRSA Propiedades Comerciales' stock is owned by many different institutional and retail investors. Top institutional shareholders include Senvest Management LLC (1.81%) and BlackRock Inc. (0.02%).

Which major investors are selling IRSA Propiedades Comerciales stock?

IRCP stock was sold by a variety of institutional investors in the last quarter, including Senvest Management LLC, 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, Robinhood, Fidelity, and Charles Schwab.

What is IRSA Propiedades Comerciales' stock price today?

One share of IRCP stock can currently be purchased for approximately $5.95.

How big of a company is IRSA Propiedades Comerciales?

IRSA Propiedades Comerciales has a market capitalization of $187.43 million and generates $172.54 million in revenue each year. The financial services provider earns $-474,260,000.00 in net income (profit) each year or ($13.04) 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 www.irsacp.com.ar.

How can I contact IRSA Propiedades Comerciales?

IRSA Propiedades Comerciales' mailing address is Moreno 877 22nd Floor, BUENOS AIRES C1, C1066AAB. The financial services provider can be reached via phone at 54-11-4344-4600 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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