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

$69.59
-0.80 (-1.14 %)
(As of 08/21/2019 08:57 AM ET)
Today's Range
$69.50
Now: $69.59
$71.00
50-Day Range
$59.66
MA: $63.26
$70.42
52-Week Range
$46.30
Now: $69.59
$71.00
Volume48,400 shs
Average Volume64,013 shs
Market Capitalization$809.33 million
P/E RatioN/A
Dividend Yield4.09%
Beta0.88
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).

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$2.3081 per share
Book Value$47.05 per share

Profitability

Net Income$116.78 million

Miscellaneous

Employees396
Market Cap$809.33 million
Next Earnings DateN/A
OptionableOptionable

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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 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.

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) 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.

What price target have analysts set for IRET?

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.

What is the consensus analysts' recommendation 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.

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

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.

Are investors shorting 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.

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 folowing 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.

Who are Investors Real Estate Trust Reit's major shareholders?

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.

Which major 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., 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.

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

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.

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 $69.59.

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

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.

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

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


MarketBeat Community Rating for Investors Real Estate Trust Reit (NYSE IRET)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  260 (Vote Underperform)
Total Votes:  448
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 8/21/2019 by MarketBeat.com Staff

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