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

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$60.11 +0.78 (+1.31 %)
(As of 02/17/2019 03:52 PM ET)
Previous Close$60.11
Today's Range$59.41 - $60.96
52-Week Range$46.10 - $60.96
Volume97,920 shs
Average Volume86,766 shs
Market Capitalization$719.58 million
P/E Ratio15.82
Dividend Yield4.72%
Beta0.96
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$3.6630 per share
Book Value$48.99 per share

Profitability

Net Income$116.78 million

Miscellaneous

Employees527
Market Cap$719.58 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. Stockholders 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 dividend yield of 0.47%. 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?

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.

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

Investors Real Estate Trust Reit (NYSE:IRET) issued its earnings results on Monday, December, 10th. The real estate investment trust reported ($0.50) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.55) by $0.05. The real estate investment trust had revenue of $45.64 million for the quarter, compared to the consensus estimate 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 Wall Street analysts have issued twelve-month price objectives for Investors Real Estate Trust Reit's shares. Their forecasts range from $60.00 to $60.00. On average, they expect Investors Real Estate Trust Reit's share price to reach $60.00 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. 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?

Headlines about IRET stock have been trending negative recently, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Investors Real Estate Trust Reit earned a coverage optimism score of -2.8 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Are investors shorting Investors Real Estate Trust Reit?

Investors Real Estate Trust Reit saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 272,606 shares, a decline of 89.1% from the December 14th total of 2,511,283 shares. Based on an average daily trading volume, of 117,543 shares, the short-interest ratio is currently 2.3 days. Currently, 2.3% of the shares of the stock are sold short. 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (9.66%), Pacific Heights Asset Management LLC (2.09%), Nuveen Asset Management LLC (1.83%), Northern Trust Corp (1.71%), Dimensional Fund Advisors LP (1.65%) and Geode Capital Management LLC (1.05%). 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.

Which institutional investors are selling Investors Real Estate Trust Reit stock?

IRET stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Pacific Heights Asset Management LLC, Northern Trust Corp, Dimensional Fund Advisors LP, Nuveen Asset Management LLC, Geode Capital Management LLC, Grace & White Inc. NY and Boston Partners. View Insider Buying and Selling for Investors Real Estate Trust Reit.

Which institutional investors are buying Investors Real Estate Trust Reit stock?

IRET stock was bought by a variety of institutional investors in the last quarter, including ClariVest Asset Management LLC, Los Angeles Capital Management & Equity Research Inc., Chicago Equity Partners LLC, Acadian Asset Management LLC and Quantamental Technologies LLC. 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.

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 $60.11.

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

Investors Real Estate Trust Reit has a market capitalization of $719.58 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:  158 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  372
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 2/17/2019 by MarketBeat.com Staff

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