About Investors Real Estate Trust (NYSE:IRET)

IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of multifamily apartment communities. As of January 31, 2018, IRET owned interests in 89 multifamily properties consisting of 13,786 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
SymbolNYSE:IRET
CUSIP46173010
Phone701-837-4738
Debt
Debt-to-Equity Ratio1.00%
Current Ratio1.40%
Quick Ratio1.40%
Price-To-Earnings
Trailing P/E Ratio13.10
Forward P/E Ratio14.97
P/E Growth2.5
Sales & Book Value
Annual Sales$205.74 million
Price / Sales3.06
Cash Flow$0.2566 per share
Price / Cash20.42
Book Value$4.30 per share
Price / Book1.22
Profitability
EPS (Most Recent Fiscal Year)$0.47
Net Income$43.34 million
Net Margins82.22%
Return on Equity-3.73%
Return on Assets-1.33%
Miscellaneous
Employees523
Outstanding Shares120,040,000
Investors Real Estate Trust (NYSE:IRET) Frequently Asked Questions
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 declared a quarterly dividend on Tuesday, March 6th. Investors of record on Thursday, March 15th will be given a dividend of $0.07 per share on Monday, April 2nd. This represents a $0.28 dividend on an annualized basis and a yield of 5.34%. The ex-dividend date is Wednesday, March 14th. View Investors Real Estate Trust's Dividend History.
How were Investors Real Estate Trust's earnings last quarter?
Investors Real Estate Trust (NYSE:IRET) announced its quarterly earnings results on Monday, March, 12th. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by $0.21. The real estate investment trust had revenue of $43.25 million for the quarter, compared to analysts' expectations of $54.08 million. Investors Real Estate Trust had a negative return on equity of 3.73% and a net margin of 82.22%. View Investors Real Estate Trust's Earnings History.
When is Investors Real Estate Trust's next earnings date?
What price target have analysts set for IRET?
1 Wall Street analysts have issued twelve-month target prices for Investors Real Estate Trust's shares. Their forecasts range from $6.00 to $6.00. On average, they anticipate Investors Real Estate Trust's stock price to reach $6.00 in the next twelve months. View Analyst Ratings for Investors Real Estate Trust.
Who are some of Investors Real Estate Trust's key competitors?
Some companies that are related to Investors Real Estate Trust include Kite Realty Group Trust (KRG), Global Net Lease (GNL), Monmouth Real Estate Investment (MNR), TPG Real Estate Finance Trust (TRTX), Redwood Trust (RWT), Washington Prime Group (WPG), Saul Centers (BFS), Pennymac Mortgage Investment (PMT), KKR Real Estate Finance Trust (KREF), Hannon Armstrong (HASI), CYS Investments (CYS), CareTrust REIT (CTRE), ARMOUR Residential REIT (ARR), Ramco-Gershenson Properties Trust (RPT), Easterly Government Properties (DEA), InfraREIT (HIFR), TIER REIT (TIER) and Chatham Lodging (CLDT).
Who are Investors Real Estate Trust's key executives?
Investors Real Estate Trust's management team includes the folowing people:
- Mr. Mark O. Decker Jr., Pres, CEO, CIO & Trustee (Age 42)
- Ms. Nancy B. Andersen, Sr. VP & Principal Accounting Officer (Age 40)
- Mr. Andrew Martin, Exec. VP of Property Operations (Age 45)
- Mr. Mark Decker Jr., Pres & CEO
- Mr. John A. Kirchmann, Exec. VP & CFO (Age 53)
Has Investors Real Estate Trust been receiving favorable news coverage?
News coverage about IRET stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Investors Real Estate Trust earned a coverage optimism score of 0.10 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 46.68 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
How do I buy shares of Investors Real Estate Trust?
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's stock price today?
One share of IRET stock can currently be purchased for approximately $5.24.
How big of a company is Investors Real Estate Trust?
Investors Real Estate Trust has a market capitalization of $628.99 million and generates $205.74 million in revenue each year. The real estate investment trust earns $43.34 million in net income (profit) each year or $0.47 on an earnings per share basis. Investors Real Estate Trust employs 523 workers across the globe.
How can I contact Investors Real Estate Trust?
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]
MarketBeat Community Rating for Investors Real Estate Trust (IRET)
MarketBeat's community ratings are surveys of what our community members think about Investors Real Estate Trust 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.
Investors Real Estate Trust (NYSE:IRET) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
1 Wall Street analysts have issued ratings and price targets for Investors Real Estate Trust in the last 12 months. Their average twelve-month price target is $6.00, suggesting that the stock has a possible upside of 14.50%. The high price target for IRET is $6.00 and the low price target for IRET is $6.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
Consensus Rating: | Hold | Hold | Hold | Hold |
Consensus Rating Score: | 2.00 | 2.00 | 2.00 | 2.00 |
Ratings Breakdown: | 0 Sell Rating(s) 1 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 1 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 1 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 1 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s) |
Consensus Price Target: | $6.00 | $6.00 | $7.00 | $6.50 |
Price Target Upside: | 14.50% upside | 26.05% upside | 18.64% upside | 0.78% upside |
Investors Real Estate Trust (NYSE:IRET) Consensus Price Target History

Investors Real Estate Trust (NYSE:IRET) Analyst Ratings History
Show:
(Data available from 4/22/2016 forward)
Investors Real Estate Trust (NYSE:IRET) Dividend Information
Investors Real Estate Trust pays an annual dividend of $0.28 per share, with a dividend yield of 5.34%. IRET's most recent quarterly dividend payment was Monday, April 2. Investors Real Estate Trust pays out 59.57% of its earnings out as a dividend.
Most Recent Dividend: | 4/2/2018 |
Annual Dividend: | $0.28 |
Dividend Yield: | 5.34% |
Dividend Growth: | -13.20% (3 Year Average) |
Payout Ratio: | 59.57% (Trailing 12 Months of Earnings) 80.00% (Based on This Year's Estimates) 68.29% (Based on Next Year's Estimates)
|
Frequency: | Quarterly Dividend |
Investors Real Estate Trust (NYSE:IRET) Dividend History by Quarter
Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
---|
3/6/2018 | quarterly | $0.07 | 5.83% | 3/14/2018 | 3/15/2018 | 4/2/2018 |
12/6/2017 | quarterly | $0.07 | 4.71% | 12/29/2017 | 1/2/2018 | 1/16/2018 |
9/7/2017 | quarterly | $0.07 | 4.51% | 9/14/2017 | 9/15/2017 | 10/2/2017 |
6/7/2017 | quarterly | $0.07 | 4.61% | 6/13/2017 | 6/15/2017 | 7/3/2017 |
3/8/2017 | quarterly | $0.07 | 4.7% | 3/16/2017 | 3/20/2017 | 4/3/2017 |
12/13/2016 | Quarterly | $0.07 | 7.75% | 12/29/2016 | 1/3/2017 | 1/17/2017 |
9/2/2016 | quarterly | $0.13 | 7.87% | 9/13/2016 | 9/15/2016 | 10/3/2016 |
6/3/2016 | quarterly | $0.13 | 8.18% | 6/13/2016 | 6/15/2016 | 7/1/2016 |
3/9/2016 | quarterly | $0.13 | 8.06% | 3/17/2016 | 3/21/2016 | 4/1/2016 |
12/4/2015 | quarterly | $0.13 | 6.6% | 12/30/2015 | 1/4/2016 | 1/15/2016 |
9/3/2015 | quarterly | $0.13 | 7.81% | 9/11/2015 | 9/15/2015 | 10/1/2015 |
6/3/2015 | quarterly | $0.13 | 7.16% | 6/11/2015 | 6/15/2015 | 7/1/2015 |
2/19/2015 | quarterly | $0.13 | 6.86% | 3/12/2015 | 3/16/2015 | 4/1/2015 |
12/4/2014 | quarterly | $0.13 | | 12/30/2014 | 1/2/2015 | 1/16/2015 |
9/3/2014 | quarterly | $0.13 | 6.12% | 9/11/2014 | 9/15/2014 | 10/1/2014 |
6/4/2014 | quarterly | $0.13 | 5.84% | 6/12/2014 | 6/16/2014 | 7/1/2014 |
3/5/2014 | quarterly | $0.13 | 5.9% | 3/13/2014 | 3/17/2014 | 4/1/2014 |
12/5/2013 | quarterly | $0.13 | 5.91% | 12/30/2013 | 1/2/2014 | 1/15/2014 |
9/4/2013 | quarterly | $0.13 | 6.41% | 9/12/2013 | 9/16/2013 | 10/1/2013 |
6/3/2013 | quarterly | $0.13 | 5.82% | 6/12/2013 | 6/14/2013 | 7/1/2013 |
3/7/2013 | quarterly | $0.13 | 5.29% | 3/14/2013 | 3/18/2013 | 4/1/2013 |
12/5/2012 | quarterly | $0.13 | | | 1/2/2013 | 1/15/2013 |
(Data available from 1/1/2013 forward)
Investors Real Estate Trust (NYSE IRET) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.04%
Institutional Ownership Percentage: 57.55%
Investors Real Estate Trust (NYSE IRET) Insider Trading History
Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
---|
3/19/2018 | Michael T Dance | Director | Buy | 9,000 | $5.01 | $45,090.00 | 33,695 | |
3/15/2018 | John A Schissel | Insider | Buy | 4,000 | $4.88 | $19,520.00 | 27,783 | |
3/15/2018 | Mark Okey Decker Jr | CEO | Buy | 400 | $4.89 | $1,956.00 | 161,385 | |
3/14/2018 | Emily Nagle Green | Director | Buy | 3,100 | $4.89 | $15,159.00 | 8,264 | |
1/26/2018 | John Kirchmann | CFO | Buy | 6,900 | $5.65 | $38,985.00 | 31,571 | |
1/18/2018 | Michael T Dance | Director | Buy | 2,000 | $24.95 | $49,900.00 | | |
1/4/2018 | Michael T Dance | Director | Buy | 10,000 | $5.50 | $55,000.00 | 24,671 | |
1/3/2018 | Mark Okey Decker Jr | CEO | Buy | 25,000 | $5.58 | $139,500.00 | 140,985 | |
12/27/2017 | John Kirchmann | CFO | Buy | 1,000 | $5.70 | $5,700.00 | 24,671 | |
12/27/2017 | John Kirchmann | CFO | Buy | 1,000 | $5.70 | $5,700.00 | 24,671 | |
12/14/2017 | Jeffrey Caira | Director | Buy | 45,000 | $5.79 | $260,550.00 | 102,807 | |
10/28/2016 | Timothy P Mihalick | CEO | Buy | 2,500 | $5.98 | $14,950.00 | 320,909 | |
10/6/2016 | Timothy P Mihalick | CEO | Buy | 22,500 | $5.73 | $128,925.00 | 318,409 | |
10/5/2016 | Mark Okey Decker Jr | Insider | Buy | 2,900 | $5.84 | $16,936.00 | 114,538 | |
9/30/2016 | Linda J Hall | Director | Buy | 5,000 | $5.95 | $29,750.00 | 39,908 | |
9/29/2016 | Mark Okey Decker Jr | Insider | Buy | 2,500 | $6.09 | $15,225.00 | 111,638 | |
9/26/2016 | Mark Okey Decker Jr | Insider | Buy | 2,000 | $6.24 | $12,480.00 | 109,138 | |
9/23/2016 | Mark Okey Decker Jr | Insider | Buy | 9,000 | $6.15 | $55,350.00 | 107,138 | |
9/16/2016 | Jeffrey L Miller | Insider | Buy | 6,000 | $5.83 | $34,980.00 | 288,096 | |
9/16/2016 | John A Schissel | Director | Buy | 4,200 | $5.79 | $24,318.00 | 17,204 | |
9/15/2016 | John D Stewart | Director | Buy | 665 | $5.68 | $3,777.20 | 64,229 | |
9/15/2016 | Mark Okey Decker Jr | Insider | Buy | 2,000 | $5.70 | $11,400.00 | 98,138 | |
9/14/2016 | Mark Okey Decker Jr | Insider | Buy | 6,689 | $5.68 | $37,993.52 | 96,138 | |
9/14/2016 | Michael T Dance | Director | Buy | 6,000 | $5.80 | $34,800.00 | 13,004 | |
9/13/2016 | Linda J Hall | Director | Buy | 5,000 | $5.89 | $29,450.00 | 34,908 | |
9/13/2016 | Mark Okey Decker Jr | Insider | Buy | 45,900 | $5.87 | $269,433.00 | 89,449 | |
7/5/2016 | Stephen Stenehjem | Director | Buy | 474 | $6.33 | $3,000.42 | | |
12/15/2015 | Jeffrey Caira | Director | Buy | 15,000 | $7.17 | $107,550.00 | 15,000 | |
12/11/2015 | Jeffrey L Miller | Chairman | Buy | 4,090 | $7.19 | $29,407.10 | 271,496 | |
9/17/2015 | Pamela J Moret | Director | Buy | 6,839 | $7.29 | $49,856.31 | 12,298 | |
9/14/2015 | John D Stewart | Director | Buy | 2,300 | $6.80 | $15,640.00 | 46,845 | |
4/29/2015 | Mark W Reiling | EVP | Buy | 6,500 | $7.39 | $48,035.00 | | |
3/25/2015 | Pamela J Moret | Director | Buy | 6,553 | $7.64 | $50,064.92 | | |
3/17/2015 | Mark W Reiling | EVP | Buy | 2,350 | $7.34 | $17,249.00 | | |
1/30/2015 | Mark W Reiling | EVP | Buy | 2,350 | $8.38 | $19,693.00 | | |
10/22/2014 | Terrance P Maxwell | Director | Buy | 1,650 | $7.98 | $13,167.00 | | |
10/6/2014 | Jeffrey K Woodbury | Director | Buy | 1,350 | $7.41 | $10,003.50 | | |
10/6/2014 | Ted E Holmes | SVP | Buy | 189 | $7.41 | $1,400.49 | | |
9/22/2014 | Jeffrey L Miller | Director | Buy | 10,000 | $7.63 | $76,300.00 | | |
9/17/2014 | Timothy P Mihalick | CEO | Buy | 1,267 | $7.71 | $9,768.57 | | |
9/16/2014 | Jeffrey L Miller | Director | Buy | 10,000 | $7.76 | $77,600.00 | | |
7/25/2014 | Mark W Reiling | EVP | Buy | 1,100 | $8.56 | $9,416.00 | | |
7/16/2014 | Linda J Hall | Director | Buy | 2,000 | $8.70 | $17,400.00 | | |
7/15/2014 | Mark W Reiling | Director | Buy | 900 | $26.10 | $23,490.00 | | |
7/9/2014 | Mark W Reiling | EVP | Buy | 5,500 | $8.81 | $48,455.00 | | |
7/9/2014 | Terrance P Maxwell | Director | Buy | 1,500 | $8.74 | $13,110.00 | | |
4/7/2014 | Terrance Maxwell | Director | Buy | 1,555 | $8.52 | $13,248.60 | 2,558 | |
1/28/2014 | Jeffrey Miller | Director | Buy | 1,998 | $25.60 | $51,148.80 | 11,300 | |
1/24/2014 | Jeffrey Miller | Director | Buy | 1,002 | $25.60 | $25,651.20 | 9,302 | |
10/7/2013 | Timothy Mihalick | CEO | Buy | 1,265 | $7.90 | $9,993.50 | 101,298 | |
10/7/2013 | W David Scott | Director | Buy | 1,582 | $7.90 | $12,497.80 | 76,206 | |
10/4/2013 | Mark Reiling | EVP | Buy | 1,500 | $8.12 | $12,180.00 | 24,350 | |
9/13/2013 | Jeffrey Miller | Director | Buy | 10,000 | $8.10 | $81,000.00 | 390,279 | |
7/11/2013 | Jeffrey K Woodbury | Director | Buy | 2,000 | $9.11 | $18,220.00 | | |
7/5/2013 | W David Scott | Director | Buy | 1,498 | $8.34 | $12,493.32 | | |
4/26/2013 | Diane K Bryantt | CFO | Buy | 1,965 | $9.77 | $19,198.05 | | |
4/8/2013 | Mark W Reiling | EVP | Buy | 1,000 | $9.56 | $9,560.00 | | |
4/5/2013 | W David Scott | Director | Buy | 1,346 | $9.29 | $12,504.34 | | |
1/7/2013 | W David Scott | Director | Buy | 1,448 | $8.63 | $12,496.24 | | |
12/27/2012 | Mark W Reiling | EVP | Buy | 1,850 | $8.81 | $16,298.50 | | |
10/5/2012 | W David Scott | Director | Buy | 1,600 | $7.81 | $12,496.00 | | |
9/24/2012 | Mark W Reiling | EVP | Buy | 2,000 | $8.25 | $16,500.00 | | |
(Data available from 1/1/2013 forward)
Investors Real Estate Trust (NYSE IRET) News Headlines
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Investors Real Estate Trust (NYSE:IRET) SEC Filings
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Investors Real Estate Trust (NYSE:IRET) Income Statement, Balance Sheet and Cash Flow Statement
Investors Real Estate Trust (NYSE IRET) Stock Chart for Sunday, April, 22, 2018
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