$0.09 EPS Expected for Investors Real Estate Trust (IRET)

August 13, 2018 - By Richard Conner

Investors Real Estate Trust (NYSE:IRET) LogoInvestors sentiment decreased to 1.18 in 2018 Q1. Its down 0.34, from 1.52 in 2017Q4. It dropped, as 12 investors sold Investors Real Estate Trust shares while 44 reduced holdings. 22 funds opened positions while 44 raised stakes. 61.91 million shares or 0.11% more from 61.84 million shares in 2017Q4 were reported.
Geode Mgmt Ltd Liability Corporation invested in 1.03M shares or 0% of the stock. Zeke Advsr Ltd Liability Com has 13,334 shares for 0.01% of their portfolio. Pnc Fin Service Group Inc Inc accumulated 64 shares. Parametric Portfolio Assocs Ltd Liability Corp, a Washington-based fund reported 312,373 shares. Macquarie Group Limited stated it has 0% in Investors Real Estate Trust (NYSE:IRET). Strs Ohio stated it has 0% of its portfolio in Investors Real Estate Trust (NYSE:IRET). Stephens Ar has invested 0.04% in Investors Real Estate Trust (NYSE:IRET). Stifel Corp holds 14,301 shares or 0% of its portfolio. Morgan Stanley holds 446,382 shares or 0% of its portfolio. Da Davidson And has invested 0.03% in Investors Real Estate Trust (NYSE:IRET). Kbc Gp Nv has 0% invested in Investors Real Estate Trust (NYSE:IRET). Tower Research Ltd Liability Com (Trc) invested in 0% or 1,100 shares. Stratos Wealth Prns Ltd owns 320 shares. Dimensional Fund Limited Partnership holds 0% or 1.94M shares. 396,204 were accumulated by Deutsche Natl Bank Ag.

Since March 13, 2018, it had 12 buys, and 0 selling transactions for $467,496 activity. Decker Mark Okey Jr bought $4,269 worth of stock or 800 shares. Dance Michael T also bought $45,090 worth of Investors Real Estate Trust (NYSE:IRET) on Monday, March 19. $73,350 worth of stock was bought by CAIRA JEFFREY on Thursday, March 15. $19,509 worth of Investors Real Estate Trust (NYSE:IRET) shares were bought by Schissel John A. Green Emily Nagle had bought 3,100 shares worth $15,159.

Analysts expect Investors Real Estate Trust (NYSE:IRET) to report $0.09 EPS on September, 10.They anticipate $0.01 EPS change or 10.00 % from last quarter’s $0.1 EPS. IRET’s profit would be $12.01 million giving it 14.92 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 1.10% or $0.06 during the last trading session, reaching $5.37. About 398,545 shares traded. Investors Real Estate Trust (NYSE:IRET) has declined 11.00% since August 13, 2017 and is downtrending. It has underperformed by 23.57% the S&P500.

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 $716.85 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 6.16 P/E ratio.

More recent Investors Real Estate Trust (NYSE:IRET) news were published by: Prnewswire.com which released: “IRET Sells Williston, North Dakota Portfolio” on July 26, 2018. Also Gurufocus.com published the news titled: “Weekly Top Insider Buys Highlight for the Week of July 13” on July 14, 2018. Nasdaq.com‘s news article titled: “Mid-Day Market Update: Crude Oil Up Over 1%; Agile Therapeutics Shares Plunge” with publication date: July 25, 2018 was also an interesting one.

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

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