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

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$5.34 -0.03 (-0.56 %)
(As of 11/21/2018 05:40 AM ET)
Previous Close$5.37
Today's Range$5.30 - $5.40
52-Week Range$4.61 - $6.08
Volume353,900 shs
Average Volume284,160 shs
Market Capitalization$641.75 million
P/E Ratio15.34
Dividend Yield5.21%
Beta0.77
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of July 31, 2018, we owned interests in 87 apartment communities consisting of 13,703 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

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryDiversified REITs
SectorFinance
Current SymbolNYSE:IRET
Previous Symbol
CUSIP46173010
Phone701-837-4738

Debt

Debt-to-Equity Ratio1.15
Current Ratio0.72
Quick Ratio0.72

Price-To-Earnings

Trailing P/E Ratio15.34
Forward P/E Ratio15.26
P/E Growth2.56

Sales & Book Value

Annual Sales$169.74 million
Price / Sales3.76
Cash Flow$0.3625 per share
Price / Cash14.73
Book Value$4.90 per share
Price / Book1.09

Profitability

EPS (Most Recent Fiscal Year)$0.38
Net Income$116.78 million
Net Margins69.92%
Return on Equity-4.92%
Return on Assets-1.93%

Miscellaneous

Employees527
Outstanding Shares119,510,000
Market Cap$641.75 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 announced a quarterly dividend on Thursday, September 6th. Investors of record on Monday, September 17th will be paid a dividend of $0.07 per share on Monday, October 1st. This represents a $0.28 annualized dividend and a dividend yield of 5.24%. The ex-dividend date is Friday, September 14th. View Investors Real Estate Trust Reit's Dividend History.

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

Investors Real Estate Trust Reit (NYSE:IRET) issued its earnings results on Monday, September, 10th. The real estate investment trust reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.07. The real estate investment trust had revenue of $45.95 million for the quarter, compared to analysts' expectations of $44.94 million. Investors Real Estate Trust Reit had a net margin of 69.92% and a negative return on equity of 4.92%. 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, December 10th 2018. View Earnings Estimates for Investors Real Estate Trust Reit.

What price target have analysts set for IRET?

2 analysts have issued 1-year price targets for Investors Real Estate Trust Reit's shares. Their predictions range from $6.00 to $6.00. On average, they expect Investors Real Estate Trust Reit's stock price to reach $6.00 in the next year. This suggests a possible upside of 12.4% from the stock's current price. 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?

News coverage about IRET stock has been trending somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog 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 media sentiment score of 1.8 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days.

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 42)
  • Mr. John A. Kirchmann, Exec. VP & CFO (Age 53)
  • Ms. Anne M. Olson, Exec. VP, COO, Gen. Counsel & Sec. (Age 41)
  • Ms. Nancy B. Andersen, Sr. VP & Chief Accounting Officer (Age 40)
  • 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 variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.35%), Renaissance Technologies LLC (3.53%), Dimensional Fund Advisors LP (1.65%), Russell Investments Group Ltd. (1.33%), Evercore Wealth Management LLC (0.44%) and Fuller & Thaler Asset Management Inc. (0.38%). Company insiders that own Investors Real Estate Trust Reit stock include Emily Nagle Green, Jeffrey Caira, John A Schissel, John Kirchmann, Mark Okey Decker Jr 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 Martingale Asset Management L P, TIAA CREF Investment Management LLC, Virginia Retirement Systems ET AL, Morgan Stanley, GSA Capital Partners LLP, Prudential Financial Inc., Credit Suisse AG and LPL Financial LLC. 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 Renaissance Technologies LLC, Russell Investments Group Ltd., Fuller & Thaler Asset Management Inc., AXA, BlackRock Inc., JPMorgan Chase & Co., JPMorgan Chase & Co. and Evercore Wealth Management 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, Mark Okey Decker Jr 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 $5.34.

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

Investors Real Estate Trust Reit has a market capitalization of $641.75 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 $0.38 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:  152 (Vote Outperform)
Underperform Votes:  204 (Vote Underperform)
Total Votes:  356
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 11/21/2018 by MarketBeat.com Staff

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