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 Ratio12.64
Forward P/E Ratio15.63
P/E Growth2.4
Sales & Book Value
Annual Sales$205.74 million
Price / Sales3.47
Cash Flow$0.2566 per share
Price / Cash23.15
Book Value$4.30 per share
Price / Book1.38
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 REIT Common Stock (NYSE:IRET) Frequently Asked Questions
What is INVESTORS REAL ESTATE TRUST REIT Common Stock's stock symbol?
INVESTORS REAL ESTATE TRUST REIT Common Stock trades on the New York Stock Exchange (NYSE) under the ticker symbol "IRET."
How often does INVESTORS REAL ESTATE TRUST REIT Common Stock pay dividends? What is the dividend yield for INVESTORS REAL ESTATE TRUST REIT Common Stock?
INVESTORS REAL ESTATE TRUST REIT Common Stock declared a quarterly dividend on Wednesday, June 6th. Shareholders of record on Friday, June 15th will be paid a dividend of $0.07 per share on Monday, July 2nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date is Thursday, June 14th. View INVESTORS REAL ESTATE TRUST REIT Common Stock's Dividend History.
How were INVESTORS REAL ESTATE TRUST REIT Common Stock's earnings last quarter?
INVESTORS REAL ESTATE TRUST REIT Common Stock (NYSE:IRET) announced its quarterly earnings results on Monday, December, 11th. The real estate investment trust reported $0.10 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.01. The real estate investment trust had revenue of $53.92 million for the quarter, compared to analyst estimates of $53.69 million. INVESTORS REAL ESTATE TRUST REIT Common Stock had a net margin of 82.22% and a negative return on equity of 3.73%. The business's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.12 earnings per share. View INVESTORS REAL ESTATE TRUST REIT Common Stock's Earnings History.
When is INVESTORS REAL ESTATE TRUST REIT Common Stock's next earnings date?
What price target have analysts set for IRET?
Who are some of INVESTORS REAL ESTATE TRUST REIT Common Stock's key competitors?
Some companies that are related to INVESTORS REAL ESTATE TRUST REIT Common Stock include Empire State Realty Trust (ESRT), Two Harbors Investment (TWO), Outfront Media (OUT), Pebblebrook Hotel Trust (PEB), Corporate Express common stock (CXP), Corecivic (CXW), STAG Indl Inc/SH SH (STAG), Great Portland Estates (GPEAF), Rexford Industrial Realty (REXR), Colony Northstar Credit Real Estate (CLNC), DiamondRock Hospitality (DRH), Washington Real Estate Investment Trust (WRE), Apollo Commercial Real Est. Finance (ARI), Acadia Realty Trust (AKR) and MGM Growth Properties (MGP).
Who are INVESTORS REAL ESTATE TRUST REIT Common Stock's key executives?
INVESTORS REAL ESTATE TRUST REIT Common Stock's management team includes the folowing people:
- Mr. Mark O. Decker Jr., Pres, CEO & Trustee (Age 42)
- Mr. Andrew Martin, Exec. VP of Operations (Age 45)
- Ms. Nancy B. Andersen, Sr. VP & Principal Accounting Officer (Age 40)
- Mr. John A. Kirchmann, Exec. VP & CFO (Age 53)
- Mr. Matthew M. Volpano, Sr. VP of Capital Markets (Age 42)
Has INVESTORS REAL ESTATE TRUST REIT Common Stock been receiving favorable news coverage?
News stories about IRET stock have trended somewhat positive this week, Accern reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. INVESTORS REAL ESTATE TRUST REIT Common Stock earned a daily sentiment score of 0.25 on Accern's scale. They also gave news articles about the real estate investment trust an impact score of 45.17 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are INVESTORS REAL ESTATE TRUST REIT Common Stock's major shareholders?
INVESTORS REAL ESTATE TRUST REIT Common Stock's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.81%), Uniplan Investment Counsel Inc. (3.28%), Northern Trust Corp (1.79%), Dimensional Fund Advisors LP (1.61%), Wells Fargo & Company MN (1.21%) and DDD Partners LLC (0.59%). Company insiders that own INVESTORS REAL ESTATE TRUST REIT Common Stock stock include Emily Nagle Green, Jeffrey Caira, Jeffrey L Miller, John A Schissel, John D Stewart, John Kirchmann, Linda J Hall, Mark Okey Decker Jr, Michael T Dance, Stephen Stenehjem and Timothy P Mihalick. View Institutional Ownership Trends for INVESTORS REAL ESTATE TRUST REIT Common Stock.
Which institutional investors are selling INVESTORS REAL ESTATE TRUST REIT Common Stock stock?
Which institutional investors are buying INVESTORS REAL ESTATE TRUST REIT Common Stock stock?
IRET stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, DDD Partners LLC, GSA Capital Partners LLP, Teachers Insurance & Annuity Association of America, Northern Trust Corp, Nuveen Asset Management LLC, Prudential Financial Inc. and Aperio Group LLC. Company insiders that have bought INVESTORS REAL ESTATE TRUST REIT Common Stock stock in the last two years include Emily Nagle Green, Jeffrey Caira, Jeffrey L Miller, John A Schissel, John D Stewart, John Kirchmann, Linda J Hall, Mark Okey Decker Jr, Michael T Dance, Stephen Stenehjem and Timothy P Mihalick. View Insider Buying and Selling for INVESTORS REAL ESTATE TRUST REIT Common Stock.
How do I buy shares of INVESTORS REAL ESTATE TRUST REIT Common Stock?
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 Common Stock's stock price today?
One share of IRET stock can currently be purchased for approximately $5.94.
How big of a company is INVESTORS REAL ESTATE TRUST REIT Common Stock?
INVESTORS REAL ESTATE TRUST REIT Common Stock has a market capitalization of $713.02 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 REIT Common Stock employs 523 workers across the globe.
How can I contact INVESTORS REAL ESTATE TRUST REIT Common Stock?
INVESTORS REAL ESTATE TRUST REIT Common Stock'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 Common Stock (IRET)
MarketBeat's community ratings are surveys of what our community members think about INVESTORS REAL ESTATE TRUST REIT Common Stock 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.
