Investors Real Estate Trust Company Profile (NYSE:IRET)

About Investors Real Estate Trust (IRET)

Investors Real Estate Trust logoInvestors Real Estate Trust is a self-advised equity real estate investment trust (REIT). The Company's business consists of owning and operating income-producing real estate properties. Its segments include Multifamily, Healthcare and All Other. Its investments consist of multifamily and healthcare properties located primarily in the upper Midwest states of Minnesota and North Dakota. It conducts its business operations through its operating partnership, IRET Properties, which is principally engaged in acquiring, owning, operating and leasing real estate. It invests in multifamily properties and commercial properties that are leased to single or multiple tenants, usually for approximately five years or longer. As of April 30, 2016, the Company held for investment 99 multifamily properties containing 12,950 apartment units and 47 commercial properties, consisting of healthcare, industrial, office and retail, containing approximately 2.9 million square feet of leasable space.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: Diversified REITs
  • Exchange: NYSE
  • Symbol: IRET
  • CUSIP: 46173010
Key Metrics:
  • Previous Close: $5.75
  • 50 Day Moving Average: $6.25
  • 200 Day Moving Average: $6.37
  • 52-Week Range: $121,917,000.00 - $5.60
  • Trailing P/E Ratio: 60.53
  • Foreward P/E Ratio: 52.27
  • P/E Growth: -16.14
  • Market Cap: $701.02M
  • Outstanding Shares: 121,917,000
  • Beta: 0.83
Profitability:
  • Net Margins: 19.93%
  • Return on Equity: 0.03%
  • Return on Assets: 0.01%
Debt:
  • Debt-to-Equity Ratio: 1.68%
  • Current Ratio: 0.98%
  • Quick Ratio: 0.98%

Analyst Ratings

Consensus Ratings for Investors Real Estate Trust (NYSE:IRET) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $6.33 (10.00% upside)

Analysts' Ratings History for Investors Real Estate Trust (NYSE:IRET)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/12/2016Janney Montgomery ScottDowngradeBuy -> Neutral$7.00 -> $6.50N/AView Rating Details
9/13/2016Robert W. BairdSet Price TargetHold$7.00 -> $6.00N/AView Rating Details
9/12/2016DA DavidsonLower Price TargetBuy$7.00 -> $6.05N/AView Rating Details
7/1/2016WunderlichLower Price TargetHold$7.50 -> $6.75N/AView Rating Details
1/15/2016Liberum CapitalReiterated RatingBuyN/AView Rating Details
(Data available from 3/26/2015 forward)

Earnings

Earnings History for Investors Real Estate Trust (NYSE:IRET)
Earnings by Quarter for Investors Real Estate Trust (NYSE:IRET)
Earnings History by Quarter for Investors Real Estate Trust (NYSE:IRET)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/13/2017        
3/13/2017Q3 2017$0.03$0.12$51.95 million$51.20 millionViewN/AView Earnings Details
12/12/2016Q217$0.01$0.12$50.60 millionViewN/AView Earnings Details
6/29/2016Q416$0.14$0.14$48.52 millionViewN/AView Earnings Details
3/10/2016Q3$0.13$0.40$53.40 million$55.77 millionViewListenView Earnings Details
12/10/2015Q216$0.15$0.06$52.30 millionViewN/AView Earnings Details
9/9/2015Q116$0.15$0.16$73.47 million$50.96 millionViewN/AView Earnings Details
3/13/2015Q315$0.17$0.17$72.95 million$72.92 millionViewN/AView Earnings Details
12/10/2014Q215$0.16$0.17$69.92 million$70.00 millionViewN/AView Earnings Details
9/9/2014Q115$0.16$0.14$68.02 million$68.60 millionViewN/AView Earnings Details
6/30/2014Q414$0.17$0.14$67.73 million$66.98 millionViewN/AView Earnings Details
3/12/2014Q3$0.16$0.17$66.63 million$67.60 millionViewN/AView Earnings Details
12/10/2013Q2$0.17$0.16$66.28 million$66.20 millionViewListenView Earnings Details
9/9/2013Q214$0.17$0.16$64.15 million$67.18 millionViewN/AView Earnings Details
7/1/2013$0.17$0.19$65.88 million$67.00 millionViewN/AView Earnings Details
3/12/2013Q313$0.17$0.16$65.30 million$66.20 millionViewN/AView Earnings Details
12/10/20120.18$0.16$0.18$63.47 million$64.90 millionViewN/AView Earnings Details
9/10/2012$0.16$0.10ViewN/AView Earnings Details
6/29/2012$0.17$0.18ViewN/AView Earnings Details
12/12/2011$0.16$0.15ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Investors Real Estate Trust (NYSE:IRET)
Current Year EPS Consensus Estimate: $-0.06 EPS
Next Year EPS Consensus Estimate: $0.11 EPS

Dividends

Current Dividend Information for Investors Real Estate Trust (NYSE:IRET)
Next Dividend:4/3/2017
Annual Dividend:$0.28
Dividend Yield:4.87%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:116.67% (Trailing 12 Months of Earnings)
-466.67% (Based on This Year's Estimates)
254.55% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Investors Real Estate Trust (NYSE:IRET)

Dividend History by Quarter for Investors Real Estate Trust (NYSE:IRET)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/8/2017quarterly$0.074.7%3/16/20173/20/20174/3/2017
12/13/2016Quarterly$0.077.75%12/29/20161/3/20171/17/2017
9/2/2016quarterly$0.137.87%9/13/20169/15/201610/3/2016
6/3/2016quarterly$0.138.18%6/13/20166/15/20167/1/2016
3/9/2016quarterly$0.138.06%3/17/20163/21/20164/1/2016
12/4/2015quarterly$0.136.6%12/30/20151/4/20161/15/2016
9/3/2015quarterly$0.137.81%9/11/20159/15/201510/1/2015
6/3/2015quarterly$0.137.16%6/11/20156/15/20157/1/2015
2/19/2015quarterly$0.136.86%3/12/20153/16/20154/1/2015
12/4/2014quarterly$0.1312/30/20141/2/20151/16/2015
9/3/2014quarterly$0.136.12%9/11/20149/15/201410/1/2014
6/4/2014quarterly$0.135.84%6/12/20146/16/20147/1/2014
3/5/2014quarterly$0.135.9%3/13/20143/17/20144/1/2014
12/5/2013quarterly$0.135.91%12/30/20131/2/20141/15/2014
9/4/2013quarterly$0.136.41%9/12/20139/16/201310/1/2013
6/3/2013quarterly$0.135.82%6/12/20136/14/20137/1/2013
3/7/2013quarterly$0.135.29%3/14/20133/18/20134/1/2013
12/5/2012quarterly$0.131/2/20131/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Investors Real Estate Trust (NYSE:IRET)
Insider Ownership Percentage: 1.34%
Institutional Ownership Percentage: 47.46%
Insider Trades by Quarter for Investors Real Estate Trust (NYSE:IRET)
Institutional Ownership by Quarter for Investors Real Estate Trust (NYSE:IRET)
Insider Trades by Quarter for Investors Real Estate Trust (NYSE:IRET)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/28/2016Timothy P MihalickCEOBuy2,500$5.98$14,950.00View SEC Filing  
10/6/2016Timothy P MihalickCEOBuy22,500$5.73$128,925.00View SEC Filing  
10/5/2016Mark Okey Decker JrInsiderBuy2,900$5.84$16,936.00View SEC Filing  
9/30/2016Linda J HallDirectorBuy5,000$5.95$29,750.00View SEC Filing  
9/29/2016Mark Okey Decker JrInsiderBuy2,500$6.09$15,225.00View SEC Filing  
9/26/2016Mark Okey Decker JrInsiderBuy2,000$6.24$12,480.00View SEC Filing  
9/23/2016Mark Okey Decker JrInsiderBuy9,000$6.15$55,350.00View SEC Filing  
9/16/2016Jeffrey L MillerInsiderBuy6,000$5.83$34,980.00View SEC Filing  
9/16/2016John A SchisselDirectorBuy4,200$5.79$24,318.00View SEC Filing  
9/15/2016John D StewartDirectorBuy665$5.68$3,777.20View SEC Filing  
9/15/2016Mark Okey Decker JrInsiderBuy2,000$5.70$11,400.00View SEC Filing  
9/14/2016Mark Okey Decker JrInsiderBuy6,689$5.68$37,993.52View SEC Filing  
9/14/2016Michael T DanceDirectorBuy6,000$5.80$34,800.00View SEC Filing  
9/13/2016Linda J HallDirectorBuy5,000$5.89$29,450.00View SEC Filing  
9/13/2016Mark Okey Decker JrInsiderBuy45,900$5.87$269,433.00View SEC Filing  
7/5/2016Stephen StenehjemDirectorBuy474$6.33$3,000.42View SEC Filing  
12/15/2015Jeffrey CairaDirectorBuy15,000$7.17$107,550.00View SEC Filing  
12/11/2015Jeffrey L MillerChairmanBuy4,090$7.19$29,407.10View SEC Filing  
9/17/2015Pamela J MoretDirectorBuy6,839$7.29$49,856.31View SEC Filing  
9/14/2015John D StewartDirectorBuy2,300$6.80$15,640.00View SEC Filing  
4/29/2015Mark W ReilingEVPBuy6,500$7.39$48,035.00View SEC Filing  
3/25/2015Pamela J MoretDirectorBuy6,553$7.64$50,064.92View SEC Filing  
3/17/2015Mark W ReilingEVPBuy2,350$7.34$17,249.00View SEC Filing  
1/30/2015Mark W ReilingEVPBuy2,350$8.38$19,693.00View SEC Filing  
10/22/2014Terrance P MaxwellDirectorBuy1,650$7.98$13,167.00View SEC Filing  
10/6/2014Jeffrey K WoodburyDirectorBuy1,350$7.41$10,003.50View SEC Filing  
10/6/2014Ted E HolmesSVPBuy189$7.41$1,400.49View SEC Filing  
9/22/2014Jeffrey L MillerDirectorBuy10,000$7.63$76,300.00View SEC Filing  
9/17/2014Timothy P MihalickCEOBuy1,267$7.71$9,768.57View SEC Filing  
9/16/2014Jeffrey L MillerDirectorBuy10,000$7.76$77,600.00View SEC Filing  
7/25/2014Mark W ReilingEVPBuy1,100$8.56$9,416.00View SEC Filing  
7/16/2014Linda J HallDirectorBuy2,000$8.70$17,400.00View SEC Filing  
7/15/2014Mark W ReilingDirectorBuy900$26.10$23,490.00View SEC Filing  
7/9/2014Mark W ReilingEVPBuy5,500$8.81$48,455.00View SEC Filing  
7/9/2014Terrance P MaxwellDirectorBuy1,500$8.74$13,110.00View SEC Filing  
4/7/2014Terrance MaxwellDirectorBuy1,555$8.52$13,248.60View SEC Filing  
1/28/2014Jeffrey MillerDirectorBuy1,998$25.60$51,148.80View SEC Filing  
1/24/2014Jeffrey MillerDirectorBuy1,002$25.60$25,651.20View SEC Filing  
10/7/2013Timothy MihalickCEOBuy1,265$7.90$9,993.50View SEC Filing  
10/7/2013W David ScottDirectorBuy1,582$7.90$12,497.80View SEC Filing  
10/4/2013Mark ReilingEVPBuy1,500$8.12$12,180.00View SEC Filing  
9/13/2013Jeffrey MillerDirectorBuy10,000$8.10$81,000.00View SEC Filing  
7/11/2013Jeffrey K WoodburyDirectorBuy2,000$9.11$18,220.00View SEC Filing  
7/5/2013W David ScottDirectorBuy1,498$8.34$12,493.32View SEC Filing  
4/26/2013Diane K BryanttCFOBuy1,965$9.77$19,198.05View SEC Filing  
4/8/2013Mark W ReilingEVPBuy1,000$9.56$9,560.00View SEC Filing  
4/5/2013W David ScottDirectorBuy1,346$9.29$12,504.34View SEC Filing  
1/7/2013W David ScottDirectorBuy1,448$8.63$12,496.24View SEC Filing  
12/27/2012Mark W ReilingEVPBuy1,850$8.81$16,298.50View SEC Filing  
10/5/2012W David ScottDirectorBuy1,600$7.81$12,496.00View SEC Filing  
9/24/2012Mark W ReilingEVPBuy2,000$8.25$16,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Investors Real Estate Trust (NYSE:IRET)
Latest Headlines for Investors Real Estate Trust (NYSE:IRET)
Source:
DateHeadline
finance.yahoo.com logoPost Earnings Coverage as Investors Real Estate Trust's Quarterly Revenue Increased 5.7%; NOI Grew 1.1%
finance.yahoo.com - March 24 at 9:35 AM
americanbankingnews.com logoInvestors Real Estate Trust (IRET) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - March 19 at 12:54 PM
biz.yahoo.com logoINVESTORS REAL ESTATE TRUST Files SEC form 8-K, Change in Directors or Principal Officers, Amendments to Articles of
biz.yahoo.com - March 17 at 6:11 PM
seekingalpha.com logoInvestors Real Estate Trust goes ex-dividend tomorrow
seekingalpha.com - March 15 at 6:16 PM
nasdaq.com logoAfter-Hours Earnings Report for March 13, 2017 : CHRS, IPAR, IRET, KMG, BLCM, RYI, ENZ, GDEN, BREW, LMNR ... - Nasdaq
www.nasdaq.com - March 14 at 10:12 PM
finance.yahoo.com logoEdited Transcript of IRET earnings conference call or presentation 14-Mar-17 2:00pm GMT
finance.yahoo.com - March 14 at 10:12 PM
seekingalpha.com logoInvestors Real Estate Trust's (IRET) CEO Tim Mihalick on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - March 14 at 5:09 PM
americanbankingnews.com logoInvestors Real Estate Trust (IRET) Issues Quarterly Earnings Results, Beats Estimates By $0.09 EPS
www.americanbankingnews.com - March 14 at 9:58 AM
americanbankingnews.com logoInvestors Real Estate Trust (IRET) Updates FY17 Earnings Guidance
www.americanbankingnews.com - March 13 at 5:57 PM
reuters.com logoBRIEF-IRET qtrly AFFO per share $0.10
www.reuters.com - March 13 at 5:49 PM
reuters.com logoBRIEF-IRET qtrly AFFO per share $0.10
www.reuters.com - March 13 at 5:49 PM
us.rd.yahoo.com logoIRET Announces Financial And Operating Results For The Quarter And Year-To-Date Ended January 31, 2017
us.rd.yahoo.com - March 13 at 5:49 PM
biz.yahoo.com logoINVESTORS REAL ESTATE TRUST Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 13 at 5:49 PM
biz.yahoo.com logoQ3 2017 Investors Real Estate Trust Earnings Release - After Market Close
biz.yahoo.com - March 13 at 10:50 AM
americanbankingnews.com logoInvestors Real Estate Trust (IRET) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - March 10 at 11:10 PM
americanbankingnews.com logoInvestors Real Estate Trust Plans Quarterly Dividend of $0.07 (IRET)
www.americanbankingnews.com - March 8 at 10:04 PM
us.rd.yahoo.com logo5:00 pm Investors Real Estate Trust declares quarterly distribution of $0.07/share, prior $0.13/share (consisted of regular quarterly distribution of $0.07/share and special distribution of $0.06/share)
us.rd.yahoo.com - March 7 at 10:45 PM
finance.yahoo.com logoIRET Announces Closing of Additional Asset Sales and Distributions for Fiscal Fourth Quarter 2017
finance.yahoo.com - March 7 at 5:44 PM
biz.yahoo.com logoINVESTORS REAL ESTATE TRUST Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Regulation FD Dis
biz.yahoo.com - March 7 at 5:44 PM
finance.yahoo.com logoIRET Announces Fiscal 3rd Quarter 2017 Earnings Conference Call
finance.yahoo.com - February 27 at 6:39 PM
biz.yahoo.com logoINVESTORS REAL ESTATE TRUST Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure,
biz.yahoo.com - February 8 at 6:43 PM
finance.yahoo.com logoIRET Announces Further Progress in Strategic Transformation
finance.yahoo.com - February 2 at 6:40 PM
finance.yahoo.com logo4:37 pm Investors Real Estate Trust enters into a new unsecured, syndicated revolving credit facility with commitments totaling $250 mln; completes sale of 10 senior housing assets for $119.5 mln
finance.yahoo.com - February 2 at 6:40 PM
finance.yahoo.com logoIRET Announces Resignation of Jeffrey K. Woodbury from Board of Directors
finance.yahoo.com - January 24 at 6:43 PM
biz.yahoo.com logoINVESTORS REAL ESTATE TRUST Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure,
biz.yahoo.com - January 24 at 6:43 PM
finance.yahoo.com logoIRET Announces 2016 Distribution Allocation
finance.yahoo.com - January 18 at 6:28 PM
seekingalpha.com logoThis REIT Cut Its Dividend, Now What? - Seeking Alpha
seekingalpha.com - January 17 at 1:02 PM
nasdaq.com logoInvestors Real Estate Trust (IRET) Ex-Dividend Date Scheduled for December 29, 2016 - Nasdaq
www.nasdaq.com - December 30 at 6:23 PM
seekingalpha.com logoInvestors Real Estate Trust goes ex-dividend today
seekingalpha.com - December 29 at 5:59 PM
investorplace.com logoBiggest Movers in Financial Stocks Now - VRTS IRET WPG CDEV ... - Investorplace.com
investorplace.com - December 17 at 11:21 PM
finance.yahoo.com logoInvestors Real Estate Trust reports 2Q results - Yahoo Finance
finance.yahoo.com - December 14 at 11:38 PM
us.rd.yahoo.com logoEdited Transcript of IRET earnings conference call or presentation 13-Dec-16 3:00pm GMT
us.rd.yahoo.com - December 14 at 6:37 PM

Social

Frequently Asked Questions for Investors Real Estate Trust (NYSE:IRET)

What is Investors Real Estate Trust's stock symbol?

Investors Real Estate Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "IRET."

How often does Investors Real Estate Trust pay dividends? What is the dividend yield for Investors Real Estate Trust?

Investors Real Estate Trust announced a quarterly dividend on Wednesday, March 8th. Stockholders of record on Monday, March 20th will be given a dividend of $0.07 per share on Monday, April 3rd. This represents a $0.28 annualized dividend and a dividend yield of 4.87%. The ex-dividend date is Thursday, March 16th.

How were Investors Real Estate Trust's earnings last quarter?

Investors Real Estate Trust (NYSE:IRET) released its quarterly earnings data on Monday, March, 13th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.09. The company earned $51.20 million during the quarter, compared to analyst estimates of $51.95 million. Investors Real Estate Trust had a net margin of 19.93% and a return on equity of 0.03%. The business's revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.40 EPS.

When will Investors Real Estate Trust make its next earnings announcement?

Investors Real Estate Trust is scheduled to release their next quarterly earnings announcement on Monday, March, 13th 2017.

What guidance has Investors Real Estate Trust issued on next quarter's earnings?

Investors Real Estate Trust updated its FY17 earnings guidance on Monday, March, 13th. The company provided EPS guidance of $0.41-0.43 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.48.

Where is Investors Real Estate Trust's stock going? Where will Investors Real Estate Trust's stock price be in 2017?

4 brokers have issued 12-month price targets for Investors Real Estate Trust's stock. Their forecasts range from $6.00 to $6.75. On average, they expect Investors Real Estate Trust's share price to reach $6.33 in the next twelve months.

Who owns Investors Real Estate Trust stock?

Investors Real Estate Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (2.03%), Renaissance Technologies LLC (1.75%), Dimensional Fund Advisors LP (1.39%), Norges Bank (1.08%), Two Sigma Investments LP (0.24%) and Asset Management One Co. Ltd. (0.23%). Company insiders that own Investors Real Estate Trust stock include Jeffrey Caira, Jeffrey L Miller, John A Schissel, John D Stewart, Linda J Hall, Mark Okey Decker Jr, Mark W Reiling, Michael T Dance, Pamela J Moret, Stephen Stenehjem and Timothy P Mihalick.

Who sold Investors Real Estate Trust stock? Who is selling Investors Real Estate Trust stock?

Investors Real Estate Trust's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, GSA Capital Partners LLP, Ladenburg Thalmann Financial Services Inc., Raymond James Financial Services Advisors Inc., Putnam Investments LLC, Metropolitan Life Insurance Co. NY and Guggenheim Capital LLC.

Who bought Investors Real Estate Trust stock? Who is buying Investors Real Estate Trust stock?

Investors Real Estate Trust's stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Two Sigma Investments LP, State Street Corp, Dynamic Technology Lab Private Ltd, Envestnet Asset Management Inc., Teza Capital Management LLC, Asset Management One Co. Ltd. and Credit Agricole S A. Company insiders that have bought Investors Real Estate Trust stock in the last two years include Jeffrey Caira, Jeffrey L Miller, John A Schissel, John D Stewart, Linda J Hall, Mark Okey Decker Jr, Mark W Reiling, Michael T Dance, Pamela J Moret, Stephen Stenehjem and Timothy P Mihalick.

How do I buy Investors Real Estate Trust stock?

Shares of Investors Real Estate Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Investors Real Estate Trust stock cost?

One share of Investors Real Estate Trust stock can currently be purchased for approximately $5.75.

Investors Real Estate Trust (IRET) Chart for Sunday, March, 26, 2017

This page was last updated on 3/26/2017 by MarketBeat.com Staff