S&P 500   3,768.25
DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:IRET

Investors Real Estate Trust Stock Forecast, Price & News

$73.17
+0.60 (+0.83 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$71.64
Now: $73.17
$73.25
50-Day Range
$68.55
MA: $71.26
$72.86
52-Week Range
$43.58
Now: $73.17
$85.24
Volume71,899 shs
Average Volume101,054 shs
Market Capitalization$949.45 million
P/E Ratio17.42
Dividend Yield3.98%
Beta1.02
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of September 30, 2020, we owned interests in 67 apartment communities consisting of 11,910 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 PC," respectively).
Investors Real Estate Trust logo

MarketRank

Overall MarketRank

1.84 out of 5 stars

Finance Sector

345th out of 1,705 stocks

Real Estate Investment Trusts Industry

77th out of 260 stocks

Analyst Opinion: 1.1Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
CUSIP46173010
Phone701-837-4738
Employees361

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$185.76 million
Cash Flow$13.83 per share
Book Value$49.93 per share

Profitability

Net Income$79.21 million

Miscellaneous

Market Cap$949.45 million
Next Earnings Date2/17/2021 (Estimated)
OptionableOptionable
$73.17
+0.60 (+0.83 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

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

Investors Real Estate Trust's stock was trading at $71.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IRET shares have increased by 3.1% and is now trading at $73.17.
View which stocks have been most impacted by COVID-19
.

Is Investors Real Estate Trust a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Investors Real Estate Trust in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Investors Real Estate Trust stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IRET, but not buy additional shares or sell existing shares.
View analyst ratings for Investors Real Estate Trust
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Investors Real Estate Trust?

Wall Street analysts have given Investors Real Estate Trust a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Investors Real Estate Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

Investors Real Estate Trust is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Investors Real Estate Trust
.

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

Investors Real Estate Trust (NYSE:IRET) announced its earnings results on Monday, November, 2nd. The real estate investment trust reported $1.38 EPS for the quarter, topping the Zacks' consensus estimate of $0.84 by $0.54. Investors Real Estate Trust had a net margin of 34.57% and a return on equity of 10.77%.
View Investors Real Estate Trust's earnings history
.

How often does Investors Real Estate Trust pay dividends? What is the dividend yield for Investors Real Estate Trust?

Investors Real Estate Trust announced a quarterly dividend on Friday, December 4th. Investors of record on Monday, January 4th will be given a dividend of $0.70 per share on Friday, January 15th. This represents a $2.80 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Thursday, December 31st.
View Investors Real Estate Trust's dividend history
.

Is Investors Real Estate Trust a good dividend stock?

Investors Real Estate Trust pays an annual dividend of $2.80 per share and currently has a dividend yield of 3.98%. IRET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Investors Real Estate Trust is 75.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Investors Real Estate Trust will have a dividend payout ratio of 76.29% in the coming year. This indicates that Investors Real Estate Trust may not be able to sustain their current dividend.
View Investors Real Estate Trust's dividend history.

When did Investors Real Estate Trust's stock split? How did Investors Real Estate Trust's stock split work?

Shares of Investors Real Estate Trust 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 closing bell on Thursday, December 27th 2018. An investor that had 100 shares of Investors Real Estate Trust stock prior to the reverse split would have 10 shares after the split.

What price target have analysts set for IRET?

7 equities research analysts have issued twelve-month target prices for Investors Real Estate Trust's stock. Their forecasts range from $64.00 to $82.00. On average, they expect Investors Real Estate Trust's share price to reach $74.50 in the next year. This suggests a possible upside of 1.8% from the stock's current price.
View analysts' price targets for Investors Real Estate Trust
or view Wall Street analyst' top-rated stocks.

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

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

Who are Investors Real Estate Trust's key executives?

Investors Real Estate Trust's management team includes the following people:
  • Mr. Mark O. Decker Jr., Pres, CEO, Chief Investment Officer & Trustee (Age 44, Pay $1.04M)
  • Mr. John A. Kirchmann, Exec. VP & CFO (Age 55, Pay $616.04k)
  • Ms. Anne M. Olson, Exec. VP, COO, Gen. Counsel & Sec. (Age 43, Pay $674.26k)
  • Ms. Nancy B. Andersen, Sr. VP & Chief Accounting Officer (Age 42)
  • Mr. Jonathan Bishop, VP Fin.
  • Michelle R. Saari, VP of Marketing & Communications
  • Ms. Karin M. Wentz, Sr. VP & Associate Gen. Counsel (Age 60)
  • Mr. Grant P. Campbell, Sr. VP of Investments
  • Ms. Julie Letner, Sr. VP of Talent & Culture
  • Ms. Jean Denn, Sr. VP of Operations

What is Investors Real Estate Trust's stock symbol?

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

How do I buy shares of Investors Real Estate Trust?

Shares of IRET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Investors Real Estate Trust's stock price today?

One share of IRET stock can currently be purchased for approximately $73.17.

How big of a company is Investors Real Estate Trust?

Investors Real Estate Trust has a market capitalization of $949.45 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 employs 361 workers across the globe.

What is Investors Real Estate Trust's official website?

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

How can I contact Investors Real Estate Trust?

Investors Real Estate Trust'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 1/16/2021 by MarketBeat.com Staff

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