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Investors Real Estate Trust (IRET)

Stock Price: $71.21 USD -1.09 (-1.51%)
Updated Aug 3, 2020 4:05 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 940.61M
Revenue (ttm) 184.55M
Net Income (ttm) 69.44M
Shares Out 12.17M
EPS (ttm) 5.90
PE Ratio 12.07
Forward PE n/a
Dividend $2.80
Dividend Yield 3.93%

Stock Quote

Trading Day Aug 3, 2020
Last Price $71.21
Previous Close $72.30
Change ($) -1.09
Change (%) -1.51%
Day's Open 72.33
Day's Range 70.18 - 72.33
Day's Volume 64,074
52-Week Range 43.58 - 85.24

More Stats

Market Cap 940.61M
Enterprise Value 1.54B
Earnings Date (est) Nov 4, 2020
Ex-Dividend Date Jun 29, 2020
Shares Outstanding 12.17M
Float 11.21M
EPS (basic) 5.39
EPS (diluted) 5.90
FCF / Share 3.23
Dividend $2.80
Dividend Yield 3.93%
Earnings Yield 8.29%
FCF Yield 4.17%
Payout Ratio 51.90%
Shares Short 354,690
Short Ratio 2.93
Short % of Float 3.43%
Beta 1.08
PE Ratio 12.07
Forward PE n/a
P/FCF Ratio 23.98
PS Ratio 5.10
PB Ratio 1.80
Revenue 184.55M
Operating Income 10.89M
Net Income 69.44M
Free Cash Flow 39.23M
Net Cash -600.61M
Net Cash / Share -45.47
Gross Margin 54.86%
Operating Margin 5.90%
Profit Margin 34.70%
FCF Margin 21.26%
ROA 0.58%
ROE 12.85%
ROIC 4.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (8)

Buy 3
Overweight 0
Hold 5
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$70.25*
(-1.35% downside)
Low
60.0
Current: $71.21
High
80.0
Target: 70.25
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue186170160146179165248229234231
Revenue Growth9.43%6.02%10.04%-18.86%8.95%-33.65%8.48%-2.35%1.4%-
Gross Profit10191.1990.7383.6410695.33153139136138
Operating Income18.00-5.6426.9229.8049.5745.2381.0869.6766.5770.64
Net Income78.6711743.3572.0124.09-13.1725.538.2120.084.00
Shares Outstanding11.6312.0112.1912.1112.2610.739.468.628.017.42
Earnings Per Share6.008.712.584.911.10-2.301.700.702.200.30
EPS Growth-31.11%237.6%-47.45%346.36%--142.86%-68.18%633.33%-
Dividend Per Share2.802.804.605.205.205.205.205.626.866.85
Dividend Growth0%-39.13%-11.54%0%0%0%-7.39%-18.15%0.22%-
Operating Cash Flow69.6255.2079.0572.2611492.5177.7265.1458.7761.41
Capital Expenditures-20.95-20.64-59.36-150-210-150-83.93-80.11-36.28-80.07
Free Cash Flow48.6734.5619.70-77.44-96.24-57.20-6.21-14.9722.49-18.66
Cash & Equivalents46.1216.1256.8066.7048.9747.2794.1339.9941.1954.79
Total Debt6497036659127941,0831,0591,0881,0241,064
Net Cash / Debt-603-687-608-845-745-1,036-965-1,048-983-1,009
Assets1,3921,4271,4751,7551,9981,8691,8901,7141,6151,661
Liabilities6967328311,0291,2511,1421,1281,1491,0701,104
Book Value619606554619652592613433412410
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Investors Real Estate Trust
Country United States
Employees 361
CEO Mark O. Decker

Stock Information

Ticker Symbol IRET
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Residential
Unique Identifier NYSE: IRET
IPO Date October 17, 1997

Description

IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of March 31, 2020, we owned interests in 70 apartment communities consisting of 12,135 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).