Investors Real Estate Trust (IRET)
Stock Price:
$71.21 USD
-1.09 (-1.51%)
Updated Aug 3, 2020 4:05 PM EDT - Market closed
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 186 | 170 | 160 | 146 | 179 | 165 | 248 | 229 | 234 | 231 |
| Revenue Growth | 9.43% | 6.02% | 10.04% | -18.86% | 8.95% | -33.65% | 8.48% | -2.35% | 1.4% | - |
| Gross Profit | 101 | 91.19 | 90.73 | 83.64 | 106 | 95.33 | 153 | 139 | 136 | 138 |
| Operating Income | 18.00 | -5.64 | 26.92 | 29.80 | 49.57 | 45.23 | 81.08 | 69.67 | 66.57 | 70.64 |
| Net Income | 78.67 | 117 | 43.35 | 72.01 | 24.09 | -13.17 | 25.53 | 8.21 | 20.08 | 4.00 |
| Shares Outstanding | 11.63 | 12.01 | 12.19 | 12.11 | 12.26 | 10.73 | 9.46 | 8.62 | 8.01 | 7.42 |
| Earnings Per Share | 6.00 | 8.71 | 2.58 | 4.91 | 1.10 | -2.30 | 1.70 | 0.70 | 2.20 | 0.30 |
| EPS Growth | -31.11% | 237.6% | -47.45% | 346.36% | - | - | 142.86% | -68.18% | 633.33% | - |
| Dividend Per Share | 2.80 | 2.80 | 4.60 | 5.20 | 5.20 | 5.20 | 5.20 | 5.62 | 6.86 | 6.85 |
| Dividend Growth | 0% | -39.13% | -11.54% | 0% | 0% | 0% | -7.39% | -18.15% | 0.22% | - |
| Operating Cash Flow | 69.62 | 55.20 | 79.05 | 72.26 | 114 | 92.51 | 77.72 | 65.14 | 58.77 | 61.41 |
| Capital Expenditures | -20.95 | -20.64 | -59.36 | -150 | -210 | -150 | -83.93 | -80.11 | -36.28 | -80.07 |
| Free Cash Flow | 48.67 | 34.56 | 19.70 | -77.44 | -96.24 | -57.20 | -6.21 | -14.97 | 22.49 | -18.66 |
| Cash & Equivalents | 46.12 | 16.12 | 56.80 | 66.70 | 48.97 | 47.27 | 94.13 | 39.99 | 41.19 | 54.79 |
| Total Debt | 649 | 703 | 665 | 912 | 794 | 1,083 | 1,059 | 1,088 | 1,024 | 1,064 |
| Net Cash / Debt | -603 | -687 | -608 | -845 | -745 | -1,036 | -965 | -1,048 | -983 | -1,009 |
| Assets | 1,392 | 1,427 | 1,475 | 1,755 | 1,998 | 1,869 | 1,890 | 1,714 | 1,615 | 1,661 |
| Liabilities | 696 | 732 | 831 | 1,029 | 1,251 | 1,142 | 1,128 | 1,149 | 1,070 | 1,104 |
| Book Value | 619 | 606 | 554 | 619 | 652 | 592 | 613 | 433 | 412 | 410 |
Numbers in millions USD, except per-share numbers.
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).