Investors Real Estate Trust (IRET) Stock Price, News & Analysis

Company Overview

IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of September 30, 2020, we owned interests in 67 apartment communities consisting of 11,910 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 PC," respectively).

Key Stats

• Today's Range: $21.85 to $21.85
• 50-Day Range: $68.55 to $73.17
• 52-Week Range: $43.58 to $85.24
• Volume: 20 shs
• Average Volume: 101,054 shs
• Market Capitalization: $283.58 million
• P/E Ratio: 5.20
• Dividend Yield: 12.81%
• Price Target: N/A
• Consensus Rating: N/A

IRET Stock Analysis - Frequently Asked Questions

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

Investors Real Estate Trust (NYSE:IRET) posted its quarterly earnings data on Monday, November, 2nd. The real estate investment trust reported $1.38 EPS for the quarter, topping the consensus estimate of $0.84 by $0.54. Investors Real Estate Trust had a net margin of 34.57% and a trailing twelve-month return on equity of 10.77%.
Read the conference call transcript.

When did Investors Real Estate Trust's stock split?

Investors Real Estate Trust'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 market closes on Thursday, December 27th 2018. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Investors Real Estate Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Investors Real Estate Trust investors own include Diversified Healthcare Trust (DHC), SEA (SE), Iron Mountain (IRM), Care Capital Properties (CCP), Healthpeak Properties (DOC), Annaly Capital Management (NLY) and Rithm Capital (RITM).

Company Calendar

• Last Earnings: 11/02/2020
• Ex-Dividend for 10/4 Dividend: 10/02/2024
• Dividend Payable: 10/04/2024
• Today: 11/24/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real Estate Investment Trusts
• Sub-Industry: Diversified REITs
• Current Symbol: NYSE:IRET
• CUSIP: 46173010
• CIK: 798359
• Web: www.iretapartments.com
• Phone: 701-837-4738
• Fax: N/A
• Employees: 361
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $3.72
• Trailing P/E Ratio: 5.20
• Forward P/E Ratio: 6.45
• P/E Growth: N/A
• Net Income: $79.21 million
• Net Margins: 34.57%
• Pretax Margin: N/A
• Return on Equity: 10.77%
• Return on Assets: 4.36%

Debt

• Debt-to-Equity Ratio: 0.76
• Current Ratio: 0.06
• Quick Ratio: 0.06

Sales & Book Value

• Annual Sales: $185.76 million
• Price / Sales: 1.53
• Cash Flow: $4.13 per share
• Price / Cash Flow: 5.29
• Book Value: $49.93 per share
• Price / Book: 0.44

Miscellaneous

• Outstanding Shares: 12,976,000
• Free Float: N/A
• Market Cap: $283.58 million
• Optionable: Not Optionable
• Beta: 1.02