Investors Real Estate Trust (NYSE:IRET) will issue its quarterly earnings data after the market closes on Monday, December 11th. Analysts expect the company to announce earnings of $0.10 per share for the quarter.

Investors Real Estate Trust (NYSE:IRET) last issued its quarterly earnings data on Monday, September 11th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.10. Investors Real Estate Trust had a return on equity of 0.11% and a net margin of 25.72%. The business had revenue of $52.70 million for the quarter, compared to the consensus estimate of $50.76 million. During the same period in the prior year, the business earned $0.12 earnings per share. The business’s revenue was up 6.3% on a year-over-year basis. On average, analysts expect Investors Real Estate Trust to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Investors Real Estate Trust (NYSE IRET) opened at $5.86 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.23 and a quick ratio of 0.23. Investors Real Estate Trust has a 12-month low of $5.60 and a 12-month high of $7.28. The stock has a market capitalization of $704.23, a price-to-earnings ratio of 12.98, a PEG ratio of 2.60 and a beta of 0.81.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be given a $0.07 dividend. The ex-dividend date is Friday, December 29th. This represents a $0.28 annualized dividend and a dividend yield of 4.78%. Investors Real Estate Trust’s dividend payout ratio is currently 80.00%.

IRET has been the topic of several recent research reports. Zacks Investment Research upgraded Investors Real Estate Trust from a “hold” rating to a “buy” rating and set a $6.50 price objective on the stock in a research report on Wednesday, November 15th. ValuEngine upgraded Investors Real Estate Trust from a “hold” rating to a “buy” rating in a research report on Monday, September 11th. BidaskClub downgraded Investors Real Estate Trust from a “sell” rating to a “strong sell” rating in a research report on Tuesday, October 31st. Finally, Robert W. Baird restated a “hold” rating and issued a $7.00 price objective on shares of Investors Real Estate Trust in a research report on Sunday, November 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Investors Real Estate Trust presently has an average rating of “Hold” and an average price target of $6.67.

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About Investors Real Estate Trust

Investors Real Estate Trust is a self-advised equity real estate investment trust (REIT). The Company’s business consists of owning and operating income-producing real estate properties. Its segments include Multifamily, Healthcare and All Other. Its investments consist of multifamily and healthcare properties located primarily in the upper Midwest states of Minnesota and North Dakota.

Earnings History for Investors Real Estate Trust (NYSE:IRET)

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