NYSE:IRET - Investors Real Estate Trust Reit Stock Price, News, & Analysis

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$58.59 +0.05 (+0.09 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$58.54
Today's Range$58.18 - $58.78
52-Week Range$46.30 - $62.24
Volume42,882 shs
Average Volume56,355 shs
Market Capitalization$701.32 million
P/E Ratio15.42
Dividend Yield4.89%
Beta0.97
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of December 31, 2018, IRET owned interests in 87 apartment communities consisting of 13,702 apartment homes. IRET's common shares and Series C preferred shares are publicly traded on the New York Stock Exchange (NYSE symbols: IRET and IRET PRC, respectively).

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
CUSIP46173010
Phone701-837-4738

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$169.74 million
Cash Flow$3.7318 per share
Book Value$48.99 per share

Profitability

Net Income$116.78 million

Miscellaneous

Employees396
Market Cap$701.32 million
Next Earnings Date3/25/2019 (Estimated)
OptionableOptionable

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

What is Investors Real Estate Trust Reit's stock symbol?

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

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

Investors Real Estate Trust Reit declared a quarterly dividend on Wednesday, March 6th. Stockholders of record on Friday, March 15th will be given a dividend of $0.70 per share on Monday, April 1st. This represents a $2.80 annualized dividend and a dividend yield of 4.78%. The ex-dividend date is Thursday, March 14th. This is a positive change from Investors Real Estate Trust Reit's previous quarterly dividend of $0.07. View Investors Real Estate Trust Reit's Dividend History.

When did Investors Real Estate Trust Reit's stock split? How did Investors Real Estate Trust Reit's stock split work?

Shares of Investors Real Estate Trust Reit reverse split before market open on Friday, December 28th 2018. The 1-10 reverse split was announced on Monday, December 17th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, December 27th 2018. An investor that had 100 shares of Investors Real Estate Trust Reit stock prior to the reverse split would have 10 shares after the split.

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

Investors Real Estate Trust Reit (NYSE:IRET) posted its quarterly earnings results on Monday, December, 10th. The real estate investment trust reported ($0.50) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.55) by $0.05. The real estate investment trust had revenue of $45.64 million for the quarter, compared to analyst estimates of $45.26 million. Investors Real Estate Trust Reit had a net margin of 63.45% and a negative return on equity of 5.78%. View Investors Real Estate Trust Reit's Earnings History.

When is Investors Real Estate Trust Reit's next earnings date?

Investors Real Estate Trust Reit is scheduled to release their next quarterly earnings announcement on Monday, March 25th 2019. View Earnings Estimates for Investors Real Estate Trust Reit.

What is the consensus analysts' recommendation for Investors Real Estate Trust Reit?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Investors Real Estate Trust Reit in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Investors Real Estate Trust Reit.

Has Investors Real Estate Trust Reit been receiving favorable news coverage?

News articles about IRET stock have trended neutral recently, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Investors Real Estate Trust Reit earned a news impact score of 0.4 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next few days.

Who are some of Investors Real Estate Trust Reit's key competitors?

What other stocks do shareholders of Investors Real Estate Trust Reit own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Investors Real Estate Trust Reit investors own include Uniti Group (UNIT), Vereit (VER), Medical Properties Trust (MPW), New Residential Investment (NRZ), Freeport-McMoRan (FCX), Apple Hospitality REIT (APLE), Ladder Capital (LADR), ANNALY CAP MGMT/SH (NLY), Physicians Realty Trust (DOC) and NVIDIA (NVDA).

Who are Investors Real Estate Trust Reit's key executives?

Investors Real Estate Trust Reit's management team includes the folowing people:
  • Mr. Mark O. Decker Jr., Pres, CEO & Trustee (Age 43)
  • Mr. John A. Kirchmann, Exec. VP & CFO (Age 54)
  • Ms. Anne M. Olson, Exec. VP, COO, Gen. Counsel & Sec. (Age 42)
  • Ms. Nancy B. Andersen, Sr. VP & Chief Accounting Officer (Age 41)
  • Mr. Jonathan Bishop, VP Fin.

Who are Investors Real Estate Trust Reit's major shareholders?

Investors Real Estate Trust Reit's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.66%), Pacific Heights Asset Management LLC (2.09%), Nuveen Asset Management LLC (1.83%), Northern Trust Corp (1.71%), Dimensional Fund Advisors LP (1.65%) and Dimensional Fund Advisors LP (1.65%). Company insiders that own Investors Real Estate Trust Reit stock include Emily Nagle Green, Jeffrey Caira, John A Schissel, John Kirchmann, Linda J Hall, Mark Okey Decker Jr, Mary J Twinem and Michael T Dance. View Institutional Ownership Trends for Investors Real Estate Trust Reit.

Which institutional investors are selling Investors Real Estate Trust Reit stock?

IRET stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Pacific Heights Asset Management LLC, Northern Trust Corp, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Nuveen Asset Management LLC, Geode Capital Management LLC and Geode Capital Management LLC. View Insider Buying and Selling for Investors Real Estate Trust Reit.

Which institutional investors are buying Investors Real Estate Trust Reit stock?

IRET stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, ClariVest Asset Management LLC, Nordea Investment Management AB, Los Angeles Capital Management & Equity Research Inc., Chicago Equity Partners LLC, Acadian Asset Management LLC and Quantamental Technologies LLC. Company insiders that have bought Investors Real Estate Trust Reit stock in the last two years include Emily Nagle Green, Jeffrey Caira, John A Schissel, John Kirchmann, Linda J Hall, Mark Okey Decker Jr, Mary J Twinem and Michael T Dance. View Insider Buying and Selling for Investors Real Estate Trust Reit.

How do I buy shares of Investors Real Estate Trust Reit?

Shares of IRET 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 Investors Real Estate Trust Reit's stock price today?

One share of IRET stock can currently be purchased for approximately $58.58.

How big of a company is Investors Real Estate Trust Reit?

Investors Real Estate Trust Reit has a market capitalization of $701.20 million and generates $169.74 million in revenue each year. The real estate investment trust earns $116.78 million in net income (profit) each year or $3.80 on an earnings per share basis. Investors Real Estate Trust Reit employs 396 workers across the globe.

What is Investors Real Estate Trust Reit's official website?

The official website for Investors Real Estate Trust Reit is http://www.iret.com.

How can I contact Investors Real Estate Trust Reit?

Investors Real Estate Trust Reit's mailing address is 1400 31ST AVENUE SW SUITE 60 PO BOX 1988, MINOT ND, 58702. The real estate investment trust can be reached via phone at 701-837-4738 or via email at [email protected]


MarketBeat Community Rating for Investors Real Estate Trust Reit (NYSE IRET)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  384
MarketBeat's community ratings are surveys of what our community members think about Investors Real Estate Trust Reit and other stocks. Vote "Outperform" if you believe IRET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IRET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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