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

$72.50
+0.45 (+0.62 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$71.69
Now: $72.50
$73.75
50-Day Range
$61.54
MA: $70.07
$76.82
52-Week Range
$43.58
Now: $72.50
$85.24
Volume44,016 shs
Average Volume136,924 shs
Market Capitalization$880.88 million
P/E Ratio12.35
Dividend Yield3.86%
Beta1.07
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of December 31, 2018, IRET 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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Investors Real Estate Trust Reit logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.2Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.42 out of 5 stars


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$185.76 million
Cash Flow$13.78 per share
Book Value$49.93 per share

Profitability

Net Income$79.21 million

Miscellaneous

Employees396
Market Cap$880.88 million
Next Earnings Date8/10/2020 (Estimated)
OptionableOptionable

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Investors Real Estate Trust Reit (NYSE:IRET) Frequently Asked Questions

How has Investors Real Estate Trust Reit's stock been impacted by COVID-19 (Coronavirus)?

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.

Do Wall Street analysts recommend investors buy shares of Investors Real Estate Trust Reit?

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.

When is Investors Real Estate Trust Reit's next earnings date?

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.

How were Investors Real Estate Trust Reit's earnings last quarter?

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.

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 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.

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 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.

What price target have analysts set for IRET?

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.

Has Investors Real Estate Trust Reit been receiving favorable news coverage?

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.

Who are some of Investors Real Estate Trust Reit's key competitors?

What other stocks do shareholders of Investors Real Estate Trust Reit own?

Who are Investors Real Estate Trust Reit's key executives?

Investors Real Estate Trust Reit's management team includes the following people:
  • Mr. Mark O. Decker Jr., Pres, CEO, Chief Investment Officer & 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.

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 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, Robinhood, 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 $72.50.

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

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.

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

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

This page was last updated on 7/5/2020 by MarketBeat.com Staff

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