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Investors Real Estate Trust

NYS: IRET

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 --Real time quotes

Aug 6, 2020, 3:29 p.m.

/zigman2/quotes/203424196/composite

$

72.34

Change

-1.19 -1.62%

Volume

Volume 29,996

Real time quotes

/zigman2/quotes/203424196/composite

Previous close

$ 73.53

$ 72.34

Change

-1.19 -1.62%

Day low

Day high

$71.18

$73.56

Open

52 week low

52 week high

$43.58

$85.24

Open

Company Description

Investors Real Estate Trust engages in the ownership, management, acquisition, redevelopment, and development of apartment communities. It focuses on making operational enhancements to improve residents' experience, redeveloping existing apartment communities to meet market demands and acquiring new...

Investors Real Estate Trust engages in the ownership, management, acquisition, redevelopment, and development of apartment communities. It focuses on making operational enhancements to improve residents' experience, redeveloping existing apartment communities to meet market demands and acquiring new apartment communities in the Minneapolis/St. Paul and Denver metropolitan areas. The company was founded on July 31, 1970 and is headquartered in Minot, ND.

Valuation

P/E Current

12.25

P/E Ratio (with extraordinary items)

12.77

P/E Ratio (without extraordinary items)

12.08

Price to Sales Ratio

5.14

Price to Book Ratio

1.69

Price to Cash Flow Ratio

13.73

Enterprise Value to EBITDA

24.02

Enterprise Value to Sales

7.41

Total Debt to Enterprise Value

0.37

Efficiency

Revenue/Employee

474,602.00

Income Per Employee

202,056.00

Receivables Turnover

10.60

Total Asset Turnover

0.14

Profitability

Gross Margin

14.66

Operating Margin

-9.68

Pretax Margin

45.59

Net Margin

42.57

Return on Assets

5.81

Return on Equity

13.15

Return on Total Capital

-1.36

Return on Invested Capital

6.61

Capital Structure

Total Debt to Total Equity

124.87

Total Debt to Total Capital

50.51

Total Debt to Total Assets

46.60

Long-Term Debt to Equity

122.00

Long-Term Debt to Total Capital

49.35

Officers and Executives

Name Age Officer Since Title
Mr. Mark O. Decker 70 2016 President & Chief Investment Officer
Ms. Anne M. Olson 42 2017 Secretary, Executive VP & General Counsel
Mr. John A. Kirchmann 53 2017 Chief Financial Officer & Executive Vice President
Ms. Susan J. Picotte - 2017 Vice President-Asset Management
Mr. Grant P. Campbell - - Senior Vice President-Investments

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
06/13/2020 Jeffrey P. Caira
Director
1,437   Derivative/Non-derivative trans. at $0 per share. 0
06/13/2020 Michael T. Dance
Director
1,014   Derivative/Non-derivative trans. at $0 per share. 0
06/13/2020 Linda Hall Whitman
Director
1,014   Derivative/Non-derivative trans. at $0 per share. 0
06/13/2020 Terrance P. Maxwell
Director
1,014   Derivative/Non-derivative trans. at $0 per share. 0
06/13/2020 John A. Schissel
Director
1,014   Derivative/Non-derivative trans. at $0 per share. 0
06/13/2020 Emily Nagle Green
Director
1,014   Derivative/Non-derivative trans. at $0 per share. 0
06/13/2020 Mary J. Twinem
Director
1,014   Derivative/Non-derivative trans. at $0 per share. 0
05/21/2020 Mark O. Decker
President, CEO and CIO; Director
1,960   Derivative/Non-derivative trans. at $66.36 per share. 130,065
05/21/2020 Mark O. Decker
President, CEO and CIO; Director
835   Derivative/Non-derivative trans. at $66.36 per share. 55,410
05/21/2020 John A. Kirchmann
EVP and CFO
1,003   Derivative/Non-derivative trans. at $66.36 per share. 66,559
05/21/2020 John A. Kirchmann
EVP and CFO
428   Derivative/Non-derivative trans. at $66.36 per share. 28,402
05/21/2020 Anne M. Olson
COO, Gen Counsel and Secretary
932   Derivative/Non-derivative trans. at $66.36 per share. 61,847
05/21/2020 Anne M. Olson
COO, Gen Counsel and Secretary
398   Derivative/Non-derivative trans. at $66.36 per share. 26,411
05/21/2020 Mark O. Decker
President, CEO and CIO; Director
4,627   Award at $0 per share. 0
05/21/2020 Mark O. Decker
President, CEO and CIO; Director
1,972   Award at $0 per share. 0
05/21/2020 John A. Kirchmann
EVP and CFO
2,369   Award at $0 per share. 0
05/21/2020 John A. Kirchmann
EVP and CFO
1,010   Award at $0 per share. 0
05/21/2020 Anne M. Olson
COO, Gen Counsel and Secretary
2,369   Award at $0 per share. 0
05/21/2020 Anne M. Olson
COO, Gen Counsel and Secretary
1,010   Award at $0 per share. 0
05/15/2020 Mark O. Decker
President, CEO and CIO; Director
125   Acquisition at $62.02 per share. 7,752
05/01/2020 Mark O. Decker
President, CEO and CIO; Director
232   Derivative/Non-derivative trans. at $59.73 per share. 13,857
05/01/2020 Mark O. Decker
President, CEO and CIO; Director
344   Derivative/Non-derivative trans. at $59.73 per share. 20,547
05/01/2020 John A. Kirchmann
EVP and CFO
193   Derivative/Non-derivative trans. at $59.73 per share. 11,527
05/01/2020 Anne M. Olson
COO, Gen Counsel and Secretary
163   Derivative/Non-derivative trans. at $59.73 per share. 9,735
05/01/2020 Mark O. Decker
President, CEO and CIO; Director
812   Derivative/Non-derivative trans. at $0 per share. 0
05/01/2020 John A. Kirchmann
EVP and CFO
415   Derivative/Non-derivative trans. at $0 per share. 0
05/01/2020 Anne M. Olson
COO, Gen Counsel and Secretary
415   Derivative/Non-derivative trans. at $0 per share. 0
04/30/2020 Mark O. Decker
President, CEO and CIO; Director
372   Derivative/Non-derivative trans. at $62.63 per share. 23,298
04/30/2020 John A. Kirchmann
EVP and CFO
381   Derivative/Non-derivative trans. at $62.63 per share. 23,862
04/30/2020 John A. Kirchmann
EVP and CFO
209   Derivative/Non-derivative trans. at $62.63 per share. 13,089
04/30/2020 Anne M. Olson
COO, Gen Counsel and Secretary
324   Derivative/Non-derivative trans. at $62.63 per share. 20,292
04/30/2020 Anne M. Olson
COO, Gen Counsel and Secretary
280   Derivative/Non-derivative trans. at $62.63 per share. 17,536
04/30/2020 Mark O. Decker
President, CEO and CIO; Director
878   Derivative/Non-derivative trans. at $0 per share. 0
04/30/2020 John A. Kirchmann
EVP and CFO
450   Derivative/Non-derivative trans. at $0 per share. 0
04/30/2020 Anne M. Olson
COO, Gen Counsel and Secretary
711   Derivative/Non-derivative trans. at $0 per share. 0
03/16/2020 Emily Nagle Green
Director
150   Acquisition at $62.61 per share. 9,391
03/08/2020 Mark O. Decker
President, CEO and CIO; Director
447   Derivative/Non-derivative trans. at $75.79 per share. 33,878
03/08/2020 John A. Kirchmann
EVP and CFO
209   Derivative/Non-derivative trans. at $75.79 per share. 15,840
03/08/2020 Anne M. Olson
COO, Gen Counsel and Secretary
250   Derivative/Non-derivative trans. at $75.79 per share. 18,947
03/08/2020 Mark O. Decker
President, CEO and CIO; Director
876   Derivative/Non-derivative trans. at $0 per share. 0
03/08/2020 John A. Kirchmann
EVP and CFO
404   Derivative/Non-derivative trans. at $0 per share. 0
03/08/2020 Anne M. Olson
COO, Gen Counsel and Secretary
559   Derivative/Non-derivative trans. at $0 per share. 0
11/25/2019 Jeffrey P. Caira
Director
49   Award at $0 per share. 0
08/08/2019 Mark O. Decker
President, CEO and CIO; Director
313   Derivative/Non-derivative trans. at $68.84 per share. 21,546
07/20/2019 Mark O. Decker
President, CEO and CIO; Director
269   Derivative/Non-derivative trans. at $59.7 per share. 16,059
07/20/2019 Anne M. Olson
COO, Gen Counsel and Secretary
218   Derivative/Non-derivative trans. at $59.7 per share. 13,014
07/20/2019 Mark O. Decker
President, CEO and CIO; Director
878   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 Mark O. Decker
President, CEO and CIO; Director
878   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 Jeffrey P. Caira
Director
1,224   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 John A. Kirchmann
EVP and CFO
450   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 Michael T. Dance
Director
753   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 Linda Hall Whitman
Director
753   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 Terrance P. Maxwell
Director
753   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 Anne M. Olson
COO, Gen Counsel and Secretary
712   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 Anne M. Olson
COO, Gen Counsel and Secretary
712   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 John A. Schissel
Director
753   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 Emily Nagle Green
Director
753   Derivative/Non-derivative trans. at $0 per share. 0
07/20/2019 Mary J. Twinem
Director
753   Derivative/Non-derivative trans. at $0 per share. 0
/news/latest/company/us/iret

MarketWatch News on IRET

  1. Investors Real Estate Trust started at outperform with $83 stock price target at Raymond James

    8:33 a.m. Oct. 18, 2019

    - Tomi Kilgore

  2. Investors Real Estate Trust started at outperform with $68 stock price target at BMO Capital

    10:34 a.m. June 14, 2019

    - Tomi Kilgore

  3. Trump’s Tough Midterm Test

    1:44 a.m. Sept. 9, 2017

    - Barron's Online

  4. Investors Real Estate Trust downgraded to neutral from buy at Janney

    8:56 a.m. Dec. 12, 2016

    - Tomi Kilgore

  5. Investors Real Estate Trust started at buy with $7 stock fair value estimate at Janney Montgomery Scott

    6:49 a.m. Aug. 23, 2016

    - Tomi Kilgore

  6. Investors Real Estate Trust downgraded to neutral at Baird

    7:32 a.m. July 7, 2016

    - Trey Williams

  7. Investors Real Estate Trust stock price target cut to $7.50 from $9 at Wunderlich Securities

    8:58 a.m. Dec. 18, 2015

    - Tomi Kilgore

  8. Investors Real Estate Trust downgraded to hold from buy at Wunderlich Securities

    8:58 a.m. Dec. 18, 2015

    - Tomi Kilgore

  9. A Survey of U.S. Retail Rental Markets

    11:10 a.m. Nov. 29, 2013

    - Barron's Online

  10. Stocks to watch Friday: AZZ, ValueClick, RIM

    7:02 a.m. June 29, 2012

    - MarketWatch

  11. Sanofi-Aventis, AES in focus

    8:53 a.m. July 2, 2010

    - MarketWatch

  12. Stocks to watch Monday

    5:39 p.m. Feb. 2, 2003

    - CBS.MarketWatch.com

/news/nonmarketwatch/company/us/iret

Other News on IRET

  1. Dividend Cuts And Overdue Rent: Previewing REIT Earnings Season

    12:00 p.m. July 20, 2020

    - Seeking Alpha

  2. Sector Spotlight: Multifamily REITs

    3:15 a.m. June 30, 2020

    - Seeking Alpha

  3. IRET updates on rent collections

    7:11 a.m. June 2, 2020

    - Seeking Alpha

  4. Dividend Cuts And Overdue Rent: REIT Earnings Recap

    12:23 p.m. May 28, 2020

    - Seeking Alpha

  5. Hedge Fund Activist Shorting New York Office Stocks

    5:12 p.m. May 22, 2020

    - The Wall Street Journal Interactive Edition

  6. Apartment REITs: No Rent Strike, But Fears Of Urban Exodus

    10:00 a.m. May 19, 2020

    - Seeking Alpha

  7. Investors Real Estate Trust (IRET) Q1 FFO Top Estimates

    6:25 p.m. May 11, 2020

    - Zacks.com

  8. Cash Flow Is King

    7:00 a.m. April 20, 2020

    - Seeking Alpha

  9. Lockdowns and Corporate Debt Are Shaking Up Real Estate Profits

    5:11 p.m. April 15, 2020

    - GuruFocus.com

  10. Moving Average Crossover Alert: Investors Real Estate Trust

    11:06 a.m. April 13, 2020

    - Zacks.com

  11. IRET expects 1Q20 results in-line with guidance

    9:06 a.m. March 27, 2020

    - Seeking Alpha

  12. IRET sees Q1 in line, pulls year guidance

    9:00 a.m. March 27, 2020

    - Seeking Alpha

  13. AvalonBay: A Swiss Army Knife To Fight The Crisis

    1:39 p.m. March 25, 2020

    - Seeking Alpha

  14. REITs Lead As Rates Plunge

    9:00 a.m. Feb. 22, 2020

    - Seeking Alpha

  15. 10-K: INVESTORS REAL ESTATE TRUST

    5:56 p.m. Feb. 19, 2020

    - Edgar Online - (EDG = 10Q, 10K)

  16. Loading more headlines...

At a Glance

Investors Real Estate Trust

1400 31st Avenue SW

Suite 60

Minot, North Dakota 58702-1988

Phone

1 7018374738

Industry

Residential REITs

Sector

Real Estate/Construction

Fiscal Year-end

12/2020

Revenue

$186.04M

Net Income

$79.21M

2019 Sales Growth

0.8%

Employees

392.00

/news/pressrelease/company/us/iret

Press Releases on IRET

  1. IRET Reports Second Quarter 2020 Financial and Operating Results

    4:30 p.m. Aug. 3, 2020

    - PR Newswire - PRF

  2. IRET Announces Recognition as Top Workplace for 2020

    4:30 p.m. June 29, 2020

    - PR Newswire - PRF

  3. IRET Reports First Quarter 2020 Financial and Operating Results

    4:35 p.m. May 11, 2020

    - PR Newswire - PRF

  4. IRET Update on COVID-19

    8:40 a.m. March 27, 2020

    - PR Newswire - PRF

  5. IRET Announces Minneapolis Investment Activity

    8:06 a.m. March 11, 2020

    - PR Newswire - PRF

  6. Investors Real Estate Trust Set to Join S&P SmallCap 600

    7:00 p.m. Feb. 4, 2020

    - PR Newswire - PRF

  7. IRET Announces 2019 Dividend Allocations

    5:30 p.m. Jan. 27, 2020

    - PR Newswire - PRF

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