Investors Real Estate Trust (IRET) EPS Estimated At $0.09

June 14, 2018 - By Carrie Sands

Investors Real Estate Trust (NYSE:IRET) LogoInvestors sentiment decreased to 1.18 in Q1 2018. Its down 0.34, from 1.52 in 2017Q4. It turned negative, 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.
18,114 are held by Sg Americas Securities Ltd Liability Corporation. Virginia Retirement Et Al invested 0.01% in Investors Real Estate Trust (NYSE:IRET). Us Fincl Bank De invested in 0% or 157,188 shares. Gsa Cap Llp holds 0.12% in Investors Real Estate Trust (NYSE:IRET) or 445,092 shares. American Intll Group has 77,102 shares. 91,343 are held by State Board Of Administration Of Florida Retirement Systems. Sumitomo Mitsui Trust Incorporated invested in 0% or 117,806 shares. Proshare Advsr Ltd Liability Company holds 0% or 15,418 shares in its portfolio. Creative Planning owns 13,323 shares for 0% of their portfolio. Teacher Retirement Of Texas holds 0% or 26,694 shares. 25,108 are owned by Barclays Public Limited Com. Ajo Ltd Partnership owns 62,996 shares for 0% of their portfolio. Jpmorgan Chase & holds 0% of its portfolio in Investors Real Estate Trust (NYSE:IRET) for 664,150 shares. Fifth Third Bancorp holds 193,018 shares. Swiss State Bank has invested 0% in Investors Real Estate Trust (NYSE:IRET).

Since January 3, 2018, it had 11 insider buys, and 0 selling transactions for $570,468 activity. Shares for $19,509 were bought by Schissel John A. 2,000 shares were bought by Dance Michael T, worth $49,900 on Thursday, January 18. Shares for $56,800 were bought by Kirchmann John. Green Emily Nagle bought $15,159 worth of Investors Real Estate Trust (NYSE:IRET) on Tuesday, March 13. 15,000 Investors Real Estate Trust (NYSE:IRET) shares with value of $73,350 were bought by CAIRA JEFFREY.

Analysts expect Investors Real Estate Trust (NYSE:IRET) to report $0.09 EPS on June, 27.They anticipate $0.02 EPS change or 18.18 % from last quarter’s $0.11 EPS. IRET’s profit would be $12.08 million giving it 15.78 P/E if the $0.09 EPS is correct. After having $0.09 EPS previously, Investors Real Estate Trust’s analysts see 0.00 % EPS growth. The stock decreased 0.18% or $0.01 during the last trading session, reaching $5.68. About 602,454 shares traded or 32.67% up from the average. Investors Real Estate Trust (NYSE:IRET) has declined 11.00% since June 14, 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 $762.44 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 4.41 P/E ratio.

More recent Investors Real Estate Trust (NYSE:IRET) news were published by: Gurufocus.com which released: “Cheap Stocks in a Cheap Sector” on June 13, 2018. Also Prnewswire.com published the news titled: “IRET Announces Dates for Fiscal Fourth Quarter and Fiscal Year End 2018 Earnings Release and Conference Call” on June 12, 2018. Prnewswire.com‘s news article titled: “IRET Announces Distributions for the First Quarter of Fiscal Year 2019” with publication date: June 05, 2018 was also an interesting one.

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

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