Analysts See $0.10 EPS for Investors Real Estate Trust (IRET)

February 19, 2018 - By reb123z

 Analysts See $0.10 EPS for Investors Real Estate Trust (IRET)
Investors sentiment increased to 1.3 in Q3 2017. Its up 0.04, from 1.26 in 2017Q2. It improved, as 11 investors sold Investors Real Estate Trust shares while 36 reduced holdings. 22 funds opened positions while 39 raised stakes. 60.28 million shares or 0.62% more from 59.91 million shares in 2017Q2 were reported.
Rmb Cap Mgmt Ltd accumulated 0.08% or 532,198 shares. Sumitomo Mitsui Tru holds 118,322 shares or 0% of its portfolio. Aperio Gp Limited Liability Corp reported 28,150 shares or 0% of all its holdings. Millennium Limited Co holds 64,403 shares. Virginia Retirement Et Al has 0.01% invested in Investors Real Estate Trust (NYSE:IRET) for 83,400 shares. 16,273 are held by New Mexico Educational Retirement Board. 23,022 were accumulated by Bluecrest Capital Limited. Bokf Na, Oklahoma-based fund reported 22,166 shares. Bremer Trust Natl Association reported 99,259 shares stake. Principal Group Inc has 0% invested in Investors Real Estate Trust (NYSE:IRET). Grp Inc has invested 0% in Investors Real Estate Trust (NYSE:IRET). Credit Agricole S A stated it has 60,022 shares. Rhumbline Advisers holds 0% or 174,176 shares. Teachers Ins & Annuity Association Of America has invested 0.02% in Investors Real Estate Trust (NYSE:IRET). Great West Life Assurance Can owns 11,083 shares for 0% of their portfolio.

Since December 14, 2017, it had 5 buys, and 0 selling transactions for $573,493 activity. CAIRA JEFFREY also bought $260,550 worth of Investors Real Estate Trust (NYSE:IRET) on Thursday, December 14. Decker Mark Okey Jr bought $167,272 worth of stock. On Thursday, January 18 the insider Dance Michael T bought $49,900.

Analysts expect Investors Real Estate Trust (NYSE:IRET) to report $0.10 EPS on March, 12.They anticipate $0.02 EPS change or 16.67 % from last quarter’s $0.12 EPS. IRET’s profit would be $13.47 million giving it 12.63 P/E if the $0.10 EPS is correct. After having $0.10 EPS previously, Investors Real Estate Trust’s analysts see 0.00 % EPS growth. The stock increased 0.60% or $0.03 during the last trading session, reaching $5.05. About 234,142 shares traded. Investors Real Estate Trust (NYSE:IRET) has risen 2.70% since February 19, 2017 and is uptrending. It has underperformed by 14.00% the S&P500.

Investors Real Estate Trust (NYSE:IRET) Ratings Coverage

Among 4 analysts covering Investors Real Estate Trust (NYSE:IRET), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Investors Real Estate Trust had 8 analyst reports since September 1, 2015 according to SRatingsIntel. Robert W. Baird maintained the stock with “Neutral” rating in Tuesday, September 13 report. The stock of Investors Real Estate Trust (NYSE:IRET) has “Neutral” rating given on Monday, December 12 by Janney Capital. The rating was initiated by DA Davidson on Friday, September 18 with “Buy”. The rating was maintained by Wunderlich with “Buy” on Tuesday, September 1. The firm has “Hold” rating given on Friday, November 17 by Robert W. Baird. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, October 3. The stock of Investors Real Estate Trust (NYSE:IRET) earned “Hold” rating by Wunderlich on Friday, December 18. The company was maintained on Friday, July 1 by Wunderlich.

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 $680.01 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 15.26 P/E ratio.

More important recent Investors Real Estate Trust (NYSE:IRET) news were published by: Globenewswire.com which released: “Wheeler Real Estate Investment Trust, Inc. Announces Update on Management …” on February 05, 2018, also Seekingalpha.com published article titled: “Washington Real Estate Investment Trust’s (WRE) CEO Paul McDermott on Q4 2017 …”, Globenewswire.com published: “WPT Industrial Real Estate Investment Trust Announces February 2018 Distribution” on February 16, 2018. More interesting news about Investors Real Estate Trust (NYSE:IRET) was released by: Prnewswire.com and their article: “Free Research Reports on These REIT Stocks — Investors Real Estate Trust …” with publication date: February 05, 2018.

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