NYSE:IRETInvestors Real Estate Trust Reit Stock Price, Forecast & News

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. Since then, IRET stock has increased by 2.1% and is now trading at $72.50. View which stocks have been most impacted by Coronavirus.

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.

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.

Investors Real Estate Trust Reit (NYSE:IRET) announced 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 analyst estimates of $44.80 million. Investors Real Estate Trust Reit had a net margin of 43.62% and a return on equity of 15.10%. View Investors Real Estate Trust Reit's earnings history.

Investors Real Estate Trust Reit announced a quarterly dividend on Monday, June 8th. Investors of record on Tuesday, June 30th will be given a dividend of $0.70 per share on Friday, July 10th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Monday, June 29th. View Investors Real Estate Trust Reit's dividend history.

Shares of Investors Real Estate Trust Reit reverse split before market open 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.

7 brokers have issued 12-month price objectives for Investors Real Estate Trust Reit's shares. Their forecasts range from $64.00 to $83.00. On average, they anticipate Investors Real Estate Trust Reit's stock price to reach $76.50 in the next twelve months. This suggests a possible upside of 5.5% from the stock's current price. View analysts' price targets for Investors Real Estate Trust Reit.

Press coverage about IRET stock has trended negative on Sunday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Investors Real Estate Trust Reit earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Investors Real Estate Trust Reit.

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.

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).

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

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.

One share of IRET stock can currently be purchased for approximately $72.50.

Investors Real Estate Trust Reit has a market capitalization of $880.88 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.

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

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]