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

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

Investors Real Estate Trust Reit declared a quarterly dividend on Wednesday, June 5th. Stockholders of record on Monday, June 17th will be given a dividend of $0.70 per share on Monday, July 1st. This represents a $2.80 annualized dividend and a dividend yield of 4.02%. The ex-dividend date of this dividend is Friday, June 14th. View Investors Real Estate Trust Reit's Dividend History.

Investors Real Estate Trust Reit's stock reverse split 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 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.

Investors Real Estate Trust Reit (NYSE:IRET) released its quarterly earnings results on Wednesday, May, 8th. The real estate investment trust reported ($0.54) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.86 by $1.40. The real estate investment trust earned $45.61 million during the quarter, compared to the consensus estimate of $45.08 million. Investors Real Estate Trust Reit had a negative net margin of 5.82% and a negative return on equity of 2.18%. View Investors Real Estate Trust Reit's Earnings History.

5 brokers have issued 1 year price objectives for Investors Real Estate Trust Reit's stock. Their predictions range from $60.25 to $67.50. On average, they expect Investors Real Estate Trust Reit's stock price to reach $63.8750 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. View Analyst Price Targets for Investors Real Estate Trust Reit.

5 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Investors Real Estate Trust Reit.

News coverage about IRET stock has been trending positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Investors Real Estate Trust Reit earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Investors Real Estate Trust Reit.

Investors Real Estate Trust Reit saw a decline in short interest in July. As of July 15th, there was short interest totalling 227,800 shares, a decline of 8.3% from the June 15th total of 248,500 shares. Based on an average trading volume of 39,100 shares, the days-to-cover ratio is currently 5.8 days. Currently, 2.0% of the company's stock are short sold. View Investors Real Estate Trust Reit's Current Options Chain.

Some companies that are related to Investors Real Estate Trust Reit include Paramount Group (PGRE), Agree Realty (ADC), Keppel REIT (KREVF), Apollo Commercial Real Est. Finance (ARI), American Assets Trust (AAT), RLJ Lodging Trust (RLJ), MGM Growth Properties (MGP), QTS Realty Trust (QTS), Brandywine Realty Trust (BDN), Columbia Property Trust (CXP), Potlatchdeltic (PCH), Taubman Centers (TCO), Lexington Realty Trust (LXP), Retail Properties of America (RPAI) and CYRELA BRAZIL R/S (CYRBY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Investors Real Estate Trust Reit investors own include Senior Housing Properties Trust (SNH), New Residential Investment (NRZ), AGNC Investment (AGNC), Uniti Group (UNIT), Apple Hospitality REIT (APLE), Care Capital Properties (CCP), Medical Properties Trust (MPW), ANNALY CAP MGMT/SH (NLY), SEA (SE) and Physicians Realty Trust (DOC).

Investors Real Estate Trust Reit's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.15%), BlackRock Inc. (9.60%), Renaissance Technologies LLC (4.74%), Nuveen Asset Management LLC (2.46%), Russell Investments Group Ltd. (2.27%) and Northern Trust Corp (1.75%). 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, Mary J Twinem and Michael T Dance. View Institutional Ownership Trends for Investors Real Estate Trust Reit.

IRET stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., KBC Group NV, Parametric Portfolio Associates LLC, AXA, Teachers Insurance & Annuity Association of America, LPL Financial LLC and Invesco Ltd.. View Insider Buying and Selling for Investors Real Estate Trust Reit.

IRET stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Nuveen Asset Management LLC, Renaissance Technologies LLC, Susquehanna International Group LLP, Sumitomo Mitsui Trust Holdings Inc., Bessemer Group Inc., JPMorgan Chase & Co. and Northern Trust Corp. Company insiders that have bought Investors Real Estate Trust Reit stock in the last two years include Emily Nagle Green, Jeffrey Caira, John A Schissel, John Kirchmann, Linda J Hall, Mark Okey Decker Jr, Mary J Twinem and Michael T Dance. View Insider Buying and Selling for 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.

One share of IRET stock can currently be purchased for approximately $69.59.

Investors Real Estate Trust Reit has a market capitalization of $809.33 million and generates $169.74 million in revenue each year. Investors Real Estate Trust Reit employs 396 workers across the globe.View Additional Information About Investors Real Estate Trust Reit.

The official website for Investors Real Estate Trust Reit is http://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]