NYSE:IRETInvestors Real Estate Trust Reit Stock Price, Forecast & News

Investors Real Estate Trust Reit's stock was trading at $71.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, IRET stock has increased by 6.5% and is now trading at $75.65. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Investors Real Estate Trust Reit in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Investors Real Estate Trust Reit.

Investors Real Estate Trust Reit is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Investors Real Estate Trust Reit.

Investors Real Estate Trust Reit (NYSE:IRET) posted its quarterly earnings data on Monday, May, 11th. The real estate investment trust reported ($0.67) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by $1.49. The real estate investment trust earned $44.41 million during the quarter, compared to analyst estimates of $44.80 million. Investors Real Estate Trust Reit had a return on equity of 15.10% and a net margin of 43.62%. View Investors Real Estate Trust Reit's earnings history.

Investors Real Estate Trust Reit announced a quarterly dividend on Monday, March 9th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.70 per share on Thursday, April 9th. This represents a $2.80 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend is Monday, March 30th. View Investors Real Estate Trust Reit's dividend history.

Investors Real Estate Trust Reit's stock reverse split on the morning of 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 market closes 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.

7 brokers have issued 1 year target prices for Investors Real Estate Trust Reit's stock. Their forecasts range from $64.00 to $83.00. On average, they expect Investors Real Estate Trust Reit's stock price to reach $76.17 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View analysts' price targets for Investors Real Estate Trust Reit.

News articles about IRET stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Investors Real Estate Trust Reit earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutInvestors Real Estate Trust Reit.

Some companies that are related to Investors Real Estate Trust Reit include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), PS Business Parks (PSB), Spirit Realty Capital (SRC), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Investors Real Estate Trust Reit investors own include Diversified Healthcare Trust (DHC), Physicians Realty Trust (DOC), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ), SEA (SE), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Medical Properties Trust (MPW), Care Capital Properties (CCP) and Ford Motor (F).

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

Investors Real Estate Trust Reit's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.58%), State Street Corp (4.11%), Russell Investments Group Ltd. (1.84%), Nuveen Asset Management LLC (1.55%), Geode Capital Management LLC (1.38%) and Bank of New York Mellon Corp (1.18%). 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.

IRET stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Morgan Stanley, UBS Group AG, KBC Group NV, Parametric Portfolio Associates LLC, Martingale Asset Management L P, Invesco Ltd., and Deutsche Bank AG. View insider buying and selling activity for Investors Real Estate Trust Reit.

IRET stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Principal Financial Group Inc., Bank of New York Mellon Corp, Nuveen Asset Management LLC, Legal & General Group Plc, Public Sector Pension Investment Board, and Rhumbline Advisers. 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 activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of IRET stock can currently be purchased for approximately $75.65.

Investors Real Estate Trust Reit has a market capitalization of $919.15 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 Reit employs 396 workers across the globe.

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

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]