Analysts See $0.09 EPS for Investors Real Estate Trust (IRET)

November 11, 2018 - By Margaret Downey

Investors Real Estate Trust (NYSE:IRET) LogoInvestors sentiment increased to 1.38 in Q2 2018. Its up 0.20, from 1.18 in 2018Q1. It increased, as 8 investors sold Investors Real Estate Trust shares while 42 reduced holdings. 22 funds opened positions while 47 raised stakes. 62.36 million shares or 0.73% more from 61.91 million shares in 2018Q1 were reported.
Vanguard Gp Incorporated Inc reported 17.27 million shares or 0% of all its holdings. 181,981 were accumulated by Royal National Bank & Trust Of Canada. 2.72M were reported by Renaissance Technology Limited Liability Corporation. Metropolitan Life Insur Ny has invested 0% in Investors Real Estate Trust (NYSE:IRET). New York-based Tiaa Cref Invest Management Llc has invested 0% in Investors Real Estate Trust (NYSE:IRET). Moreover, Cambridge Invest Rech Advisors has 0.01% invested in Investors Real Estate Trust (NYSE:IRET). Strs Ohio holds 205,419 shares or 0% of its portfolio. Martingale Asset Management Lp, a Massachusetts-based fund reported 444,200 shares. Sns Financial Gru Incorporated holds 0.02% or 16,000 shares in its portfolio. Bnp Paribas Arbitrage Sa has invested 0% of its portfolio in Investors Real Estate Trust (NYSE:IRET). Wells Fargo And Mn has 1.20 million shares for 0% of their portfolio. Geode Management Ltd Llc invested 0% in Investors Real Estate Trust (NYSE:IRET). Sumitomo Mitsui Tru Holdg reported 0% stake. Evercore Wealth Mgmt Lc invested in 0.09% or 478,085 shares. Schwab Charles Inv Management reported 0% of its portfolio in Investors Real Estate Trust (NYSE:IRET).

Since July 2, 2018, it had 5 insider buys, and 0 sales for $209,971 activity. Decker Mark Okey Jr had bought 9,000 shares worth $49,945 on Monday, July 2.

Analysts expect Investors Real Estate Trust (NYSE:IRET) to report $0.09 EPS on December, 10.They anticipate $0.01 EPS change or 10.00 % from last quarter’s $0.1 EPS. IRET’s profit would be $12.01M giving it 15.08 P/E if the $0.09 EPS is correct. After having $0.08 EPS previously, Investors Real Estate Trust’s analysts see 12.50 % EPS growth. The stock decreased 0.73% or $0.04 during the last trading session, reaching $5.43. About 277,806 shares traded. Investors Real Estate Trust (NYSE:IRET) has declined 4.10% since November 11, 2017 and is downtrending. It has underperformed by 19.72% the S&P500.

Investors Real Estate Trust (NYSE:IRET) Ratings Coverage

Among 2 analysts covering Investors Real Estate (NYSE:IRET), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Investors Real Estate had 2 analyst reports since September 17, 2018 according to SRatingsIntel. The rating was upgraded by Robert W. Baird on Tuesday, September 25 to “Outperform”.

IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of multifamily apartment communities. The company has market cap of $724.37 million. As of October 31, 2017, IRET owned interests in 89 multifamily properties consisting of 13,576 apartment homes and 40 commercial properties, including 28 healthcare and 12 other commercial properties, with a total of 2.5 million square feet of leasable space. It has a 5.45 P/E ratio.

Another recent and important Investors Real Estate Trust (NYSE:IRET) news was published by Globenewswire.com which published an article titled: “New Research Coverage Highlights Michael Kors, TerraForm Power, Investors Real Estate Trust, Nutanix, Koninklijke …” on October 26, 2018.

Investors Real Estate Trust (NYSE:IRET) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: