NYSE:IRETInvestors Real Estate Trust Reit Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Investors Real Estate Trust Reit Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $71.11 +0.89 (+1.27 %) (As of 06/3/2020 04:00 PM ET) Add Compare Share Today's Range$70.18Now: $71.11▼$71.5050-Day Range$55.49MA: $62.00▼$70.9552-Week Range$43.58Now: $71.11▼$85.24Volume52,800 shsAverage Volume140,463 shsMarket Capitalization$863.99 millionP/E Ratio12.11Dividend Yield3.94%Beta1.07 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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).Read More Beat the Market (BTM) Rank™ 1.2 Analyst's Opinion Consensus RatingInvestors Real Estate Trust Reit has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $76.17, Investors Real Estate Trust Reit has a potential upside of 7.1% from its current price of $71.11.Amount of Analyst CoverageInvestors Real Estate Trust Reit has only been the subject of 3 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesInvestors Real Estate Trust Reit has received 228 “outperform” votes. (Add your “outperform” vote.)Underperform VotesInvestors Real Estate Trust Reit has received 300 “underperform” votes. (Add your “underperform” vote.)Community SentimentInvestors Real Estate Trust Reit has received 56.82% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipInvestors Real Estate Trust Reit is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthInvestors Real Estate Trust Reit does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Investors Real Estate Trust Reit is 75.27 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Investors Real Estate Trust Reit will have a dividend payout ratio of 74.27 % next year. This indicates that Investors Real Estate Trust Reit will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Investors Real Estate Trust Reit insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.68% of the stock of Investors Real Estate Trust Reit is held by insiders.Percentage Held by Institutions77.58% of the stock of Investors Real Estate Trust Reit is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Investors Real Estate Trust Reit are expected to grow by 4.14% in the coming year, from $3.62 to $3.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Investors Real Estate Trust Reit is 12.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Investors Real Estate Trust Reit is 12.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.59.Price to Book Value per Share RatioInvestors Real Estate Trust Reit has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.2Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.76 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryDiversified REITs SectorFinance Current SymbolNYSE:IRET Previous Symbol CUSIP46173010 CIK798359 Webwww.iretapartments.com Phone701-837-4738Debt Debt-to-Equity Ratio0.76 Current Ratio0.09 Quick Ratio0.09Price-To-Earnings Trailing P/E Ratio12.11 Forward P/E Ratio19.64 P/E GrowthN/A Sales & Book Value Annual Sales$185.76 million Price / Sales4.65 Cash Flow$13.97 per share Price / Cash Flow5.09 Book Value$49.93 per share Price / Book1.42Profitability EPS (Most Recent Fiscal Year)$3.72 Net Income$79.21 million Net Margins43.62% Return on Equity15.10% Return on Assets5.82%Miscellaneous Employees396 Outstanding Shares12,150,000Market Cap$863.99 million Next Earnings Date8/10/2020 (Estimated) OptionableOptionable IRET Rates by TradingView Receive IRET News and Ratings via Email Sign-up to receive the latest news and ratings for IRET and its competitors with MarketBeat's FREE daily newsletter. Investors Real Estate Trust Reit (NYSE:IRET) Frequently Asked Questions How has Investors Real Estate Trust Reit's stock been impacted by COVID-19 (Coronavirus)? Investors Real Estate Trust Reit's stock was trading at $71.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IRET stock has increased by 0.2% and is now trading at $71.11. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Investors Real Estate Trust Reit? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Investors Real Estate Trust Reit in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Investors Real Estate Trust Reit. When is Investors Real Estate Trust Reit's next earnings date? Investors Real Estate Trust Reit is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Investors Real Estate Trust Reit. How were Investors Real Estate Trust Reit's earnings last quarter? Investors Real Estate Trust Reit (NYSE:IRET) issued its quarterly earnings data on Monday, May, 11th. The real estate investment trust reported ($0.67) EPS for the quarter, missing analysts' consensus estimates of $0.82 by $1.49. The real estate investment trust had revenue of $44.41 million for the quarter, compared to analysts' expectations of $44.80 million. Investors Real Estate Trust Reit had a return on equity of 15.10% and a net margin of 43.62%. View Investors Real Estate Trust Reit's earnings history. 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 announced a quarterly dividend on Monday, March 9th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.70 per share on Thursday, April 9th. This represents a $2.80 annualized dividend and a dividend yield of 3.94%. The ex-dividend date is Monday, March 30th. 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's stock reverse split 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 market closes 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. What price target have analysts set for IRET? 7 brokers have issued twelve-month price targets for Investors Real Estate Trust Reit's shares. Their forecasts range from $64.00 to $83.00. On average, they expect Investors Real Estate Trust Reit's stock price to reach $76.17 in the next year. This suggests a possible upside of 7.1% from the stock's current price. View analysts' price targets for Investors Real Estate Trust Reit. Has Investors Real Estate Trust Reit been receiving favorable news coverage? News articles about IRET stock have been trending very negative this week, InfoTrie reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Investors Real Estate Trust Reit earned a news impact score of -3.1 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutInvestors Real Estate Trust Reit. Who are some of Investors Real Estate Trust Reit's key competitors? Some companies that are related to Investors Real Estate Trust Reit include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), PS Business Parks (PSB), Spirit Realty Capital (SRC), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO). View all 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 Diversified Healthcare Trust (DHC), Physicians Realty Trust (DOC), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ), SEA (SE), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Medical Properties Trust (MPW), Care Capital Properties (CCP) and Ford Motor (F). Who are Investors Real Estate Trust Reit's key executives? Investors Real Estate Trust Reit's management team includes the following 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. 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." Who are Investors Real Estate Trust Reit's major shareholders? Investors Real Estate Trust Reit's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (16.58%), State Street Corp (4.11%), Russell Investments Group Ltd. (1.84%), Nuveen Asset Management LLC (1.55%), Geode Capital Management LLC (1.38%) and Bank of New York Mellon Corp (1.18%). 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 major investors are selling Investors Real Estate Trust Reit stock? IRET stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Morgan Stanley, UBS Group AG, KBC Group NV, Parametric Portfolio Associates LLC, Martingale Asset Management L P, Invesco Ltd., and Deutsche Bank AG. View insider buying and selling activity for Investors Real Estate Trust Reit. Which major investors are buying Investors Real Estate Trust Reit stock? IRET stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Principal Financial Group Inc., Bank of New York Mellon Corp, Nuveen Asset Management LLC, Legal & General Group Plc, Public Sector Pension Investment Board, and Rhumbline Advisers. 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 activity 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 $71.11. How big of a company is Investors Real Estate Trust Reit? Investors Real Estate Trust Reit has a market capitalization of $863.99 million and generates $185.76 million in revenue each year. The real estate investment trust earns $79.21 million in net income (profit) each year or $3.72 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 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] This page was last updated on 6/3/2020 by MarketBeat.com Staff
