Investors Real Estate Trust Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Investors Real Estate Trust in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Investors Real Estate Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IRET, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Investors Real Estate Trust a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Investors Real Estate Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Investors Real Estate Trust (NYSE:IRET) issued its quarterly earnings results on Monday, November, 2nd. The real estate investment trust reported $1.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.54. Investors Real Estate Trust had a trailing twelve-month return on equity of 10.77% and a net margin of 34.57%.
View Investors Real Estate Trust's earnings history.

Investors Real Estate Trust announced a quarterly dividend on Friday, December 4th. Shareholders of record on Monday, January 4th will be given a dividend of $0.70 per share on Friday, January 15th. This represents a $2.80 annualized dividend and a yield of 3.59%. The ex-dividend date is Thursday, December 31st.
View Investors Real Estate Trust's dividend history.

Investors Real Estate Trust pays an annual dividend of $2.80 per share and currently has a dividend yield of 3.98%. IRET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Investors Real Estate Trust is 75.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Investors Real Estate Trust will have a dividend payout ratio of 76.29% in the coming year. This indicates that Investors Real Estate Trust may not be able to sustain their current dividend.
View Investors Real Estate Trust's dividend history.

Investors Real Estate Trust'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 closing bell on Thursday, December 27th 2018. An investor that had 100 shares of Investors Real Estate Trust stock prior to the reverse split would have 10 shares after the split.

3 brokerages have issued 12 month price targets for Investors Real Estate Trust's shares. Their forecasts range from $70.00 to $82.00. On average, they expect Investors Real Estate Trust's share price to reach $74.67 in the next twelve months. This suggests that the stock has a possible downside of 4.2%.
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Some companies that are related to Investors Real Estate Trust include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), Spirit Realty Capital (SRC), PS Business Parks (PSB), Lexington Realty Trust (LXP), American Assets Trust (AAT), Washington Real Estate Investment Trust (WRE), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO).
View all of IRET's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Investors Real Estate Trust investors own include Diversified Healthcare Trust (DHC), Annaly Capital Management (NLY), New Residential Investment (NRZ), SEA (SE), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Physicians Realty Trust (DOC), Medical Properties Trust (MPW), Care Capital Properties (CCP) and Ford Motor (F).

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

One share of IRET stock can currently be purchased for approximately $77.95.

Investors Real Estate Trust has a market capitalization of $1.01 billion 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 employs 361 workers across the globe.

The official website for Investors Real Estate Trust is www.iretapartments.com.

Investors Real Estate Trust is headquartered at 1400 31ST AVENUE SW SUITE 60 PO BOX 1988, MINOT ND, 58702.

Investors Real Estate Trust'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]