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Investors Real Estate Trust Reit Stock Price, Forecast & Analysis (NYSE:IRET)

$74.49
+0.26 (+0.35 %)
(As of 11/15/2019 02:57 AM ET)
Today's Range
$73.98
Now: $74.49
$75.09
50-Day Range
$71.66
MA: $74.77
$78.61
52-Week Range
$46.30
Now: $74.49
$79.00
Volume44,736 shs
Average Volume59,930 shs
Market Capitalization$865.95 million
P/E Ratio21.41
Dividend Yield3.77%
Beta0.83
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).

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$2.33 per share
Book Value$44.23 per share

Profitability

Net Income$116.78 million

Miscellaneous

Employees396
Market Cap$865.95 million
Next Earnings Date2/5/2020 (Estimated)
OptionableOptionable

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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 Thursday, September 5th. Investors of record on Monday, September 16th will be given a dividend of $0.70 per share on Monday, September 30th. This represents a $2.80 annualized dividend and a yield of 3.76%. The ex-dividend date is Friday, September 13th. 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?

Investors Real Estate Trust Reit shares reverse split on the morning of 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) released its earnings results on Wednesday, May, 8th. The real estate investment trust reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by $1.40. The real estate investment trust had revenue of $45.61 million for the quarter, compared to analyst estimates of $45.08 million. Investors Real Estate Trust Reit had a return on equity of 4.66% and a net margin of 13.72%. 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 Wednesday, February 5th 2020. View Earnings Estimates for Investors Real Estate Trust Reit.

What price target have analysts set for IRET?

6 analysts have issued twelve-month target prices for Investors Real Estate Trust Reit's stock. Their forecasts range from $67.50 to $83.00. On average, they anticipate Investors Real Estate Trust Reit's share price to reach $76.38 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Price Targets for Investors Real Estate Trust Reit.

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

6 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 5 buy ratings 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?

Press coverage about IRET stock has been trending somewhat negative recently, InfoTrie reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 -1.4 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Investors Real Estate Trust Reit.

Are investors shorting Investors Real Estate Trust Reit?

Investors Real Estate Trust Reit saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 163,800 shares, an increase of 7.6% from the September 15th total of 152,200 shares. Based on an average daily trading volume, of 64,600 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.4% of the company's stock are short sold. View Investors Real Estate Trust Reit's Current Options Chain.

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 Senior Housing Properties Trust (SNH), New Residential Investment (NRZ), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Care Capital Properties (CCP), ANNALY CAP MGMT/SH (NLY), SEA (SE), Ford Motor (F), Medical Properties Trust (MPW) 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, Chief Investment Officer & 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 variety of of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (2.71%), Peregrine Capital Management LLC (0.43%), California Public Employees Retirement System (0.26%), D.A. Davidson & CO. (0.21%), Rhumbline Advisers (0.18%) and Strs Ohio (0.14%). 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 Grace & White Inc. NY, Virginia Retirement Systems ET AL, State of Alaska Department of Revenue, AdvisorNet Financial Inc, Commonwealth Equity Services LLC, Strs Ohio and D.A. Davidson & CO.. 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 purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Russell Investments Group Ltd., Chicago Equity Partners LLC, Cambridge Investment Research Advisors Inc., Adirondack Research & Management Inc., California Public Employees Retirement System, Sumitomo Mitsui Trust Holdings Inc. and Nisa Investment Advisors 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, Robinhood, 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 $74.49.

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

Investors Real Estate Trust Reit has a market capitalization of $865.95 million and generates $169.74 million in revenue each year. Investors Real Estate Trust Reit employs 396 workers across the globe.View Additional Information About Investors Real Estate Trust Reit.

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

The official website for Investors Real Estate Trust Reit is http://www.iretapartments.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:  205 (Vote Outperform)
Underperform Votes:  274 (Vote Underperform)
Total Votes:  479
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 11/15/2019 by MarketBeat.com Staff

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