NYSE:IRET - Investors Real Estate Trust Reit Stock Price, News, & Analysis

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$56.87 -0.80 (-1.39 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$56.87
Today's Range$56.59 - $57.78
52-Week Range$46.10 - $60.00
Volume51,279 shs
Average Volume112,109 shs
Market Capitalization$690.36 million
P/E Ratio14.97
Dividend Yield4.86%
Beta0.75
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of October 31, 2018, we 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).

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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$3.5948 per share
Book Value$48.99 per share

Profitability

Net Income$116.78 million

Miscellaneous

Employees527
Market Cap$690.36 million
OptionableOptionable

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, December 6th. Investors of record on Wednesday, January 2nd will be paid a dividend of $0.07 per share on Tuesday, January 15th. This represents a $0.28 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date of this dividend is Monday, December 31st. 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?

Shares of Investors Real Estate Trust Reit 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 quarterly earnings data on Monday, December, 10th. The real estate investment trust reported ($0.50) earnings per share for the quarter, topping analysts' consensus estimates of ($0.55) by $0.05. The real estate investment trust had revenue of $45.64 million for the quarter, compared to analyst estimates of $45.26 million. Investors Real Estate Trust Reit had a net margin of 63.45% and a negative return on equity of 5.78%. 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 Monday, March 11th 2019. View Earnings Estimates for Investors Real Estate Trust Reit.

What price target have analysts set for IRET?

2 analysts have issued twelve-month price targets for Investors Real Estate Trust Reit's stock. Their predictions range from $60.00 to $60.00. On average, they expect Investors Real Estate Trust Reit's stock price to reach $60.00 in the next year. This suggests a possible upside of 5.5% 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?

2 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 1 buy rating 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?

News coverage about IRET stock has trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Investors Real Estate Trust Reit earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Are investors shorting Investors Real Estate Trust Reit?

Investors Real Estate Trust Reit saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 272,606 shares, a decrease of 89.1% from the December 14th total of 2,511,283 shares. Based on an average daily volume of 117,543 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.3% of the shares of the 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?

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 & 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 many different of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.03%). 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 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 State of Alaska Department of Revenue. 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, Scottrade, 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 $56.87.

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

Investors Real Estate Trust Reit has a market capitalization of $690.36 million and generates $169.74 million in revenue each year. The real estate investment trust earns $116.78 million in net income (profit) each year or $3.80 on an earnings per share basis. Investors Real Estate Trust Reit employs 527 workers across the globe.

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

The official website for Investors Real Estate Trust Reit is http://www.iret.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:  156 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  368
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 1/19/2019 by MarketBeat.com Staff

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