Investors Real Estate Trust (IRET) Announces Quarterly Dividend of $0.13

Investors Real Estate Trust (NASDAQ:IRET) declared a quarterly dividend on Monday, June 3rd, AnalystRatingsNetwork reports. Investors of record on Friday, June 14th will be given a dividend of $0.13 per share on Monday, July 1st. This represents a $0.52 dividend on an annualized basis and a yield of 5.69%.

On the ratings front, analysts at BMO Capital Markets raised their price target on shares of Investors Real Estate Trust from $9.00 to $10.00 in a research note to investors on Thursday, March 14th.

Investors Real Estate Trust (NASDAQ: IRET) traded up 1.56% on Monday, hitting $9.14. Investors Real Estate Trust has a 1-year low of $7.02 and a 1-year high of $10.02. The stock’s 50-day moving average is currently $9.60. The company has a market cap of $864.8 million and a price-to-earnings ratio of 68.70.

Investors Real Estate Trust (NASDAQ: IRET) last released its earnings data on Tuesday, March 12th. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.17 by $0.01. The company had revenue of $66.20 million for the quarter, compared to the consensus estimate of $65.30 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. On average, analysts predict that Investors Real Estate Trust will post $0.67 earnings per share for the current fiscal year.

Investors Real Estate Trust (NASDAQ: IRET) a self-advised equity real estate investment trust (REIT).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2017 Ticker Report. Google+.