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).
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 Ratio14.42
Forward P/E Ratio15.66
P/E Growth2.59
Sales & Book Value
Annual Sales$169.74 million
Price / Sales3.86
Cash Flow$0.3680 per share
Price / Cash14.89
Book Value$4.90 per share
Price / Book1.12
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$648.92 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, September 6th. Shareholders 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 dividend on an annualized basis and a yield of 5.11%. The ex-dividend date of this dividend 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 quarterly earnings results on Monday, September, 10th. The real estate investment trust reported $0.01 EPS for the quarter, missing the consensus estimate of $0.08 by $0.07. The real estate investment trust earned $45.95 million during the quarter, compared to analysts' expectations of $44.94 million. Investors Real Estate Trust Reit had a negative return on equity of 4.92% and a net margin of 69.92%. View Investors Real Estate Trust Reit's Earnings History.
When is Investors Real Estate Trust Reit's next earnings date?
What price target have analysts set for IRET?
2 brokers have issued 1-year price targets for Investors Real Estate Trust Reit's stock. Their forecasts 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 9.5% 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?
Media coverage about IRET stock has been trending negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Investors Real Estate Trust Reit earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.
Who are some of Investors Real Estate Trust Reit's key competitors?
Some companies that are related to Investors Real Estate Trust Reit include Corecivic (CXW), Brandywine Realty Trust (BDN), Apollo Commercial Real Est. Finance (ARI), Colony Credit Real Estate (CLNC), Pebblebrook Hotel Trust (PEB), Acadia Realty Trust (AKR), Washington Real Estate Investment Trust (WRE), Potlatchdeltic (PCH), Tanger Factory Outlet Centers (SKT), DiamondRock Hospitality (DRH), QTS Realty Trust (QTS), Retail Opportunity Investments (ROIC), Agree Realty (ADC), MGM Growth Properties (MGP) and Lexington Realty Trust (LXP).
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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.35%), Russell Investments Group Ltd. (1.33%), AXA (0.33%), JPMorgan Chase & Co. (0.25%), Prudential Financial Inc. (0.23%) and GWM Advisors LLC (0.22%). 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?
Which institutional investors are buying Investors Real Estate Trust Reit stock?
IRET stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., AXA, BlackRock Inc., JPMorgan Chase & Co. and State of Alaska Department of Revenue. 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 $5.48.
How big of a company is Investors Real Estate Trust Reit?
Investors Real Estate Trust Reit has a market capitalization of $648.92 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?
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)
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.
