Investors Real Estate Trust (IRET) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
IRET (NYSE: IRET) today announced it has acquired Ironwood Apartments in New Hope, Minnesota, for an aggregate purchase price of $46.3 million. IRET had previously financed the development of Ironwood with a $16.6 million mezzanine note bearing interest at 6.0%. With 182 homes, Ironwood Apartments opened in 2019 and is located in New Hope, Minnesota, an inner-ring suburb of Minneapolis. Ironwood provides access to many major employment centers and major transportation corridors. The homes at Ironwood feature outstanding amenities at an attractive price point with average rents of $1,608.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Q1 2020 Investors Real Estate Trust Earnings Call
IRET (NYSE: IRET) announced today that it will release its first quarter 2020 operating results after the market closes on Monday, May 11, 2020, and provided a business update related to the impacts of COVID-19 on its multifamily operations.
Last week, you might have seen that Investors Real Estate Trust (NYSE:IRET) released its yearly result to the market...
IRET (NYSE: IRET) today provided the following updates regarding the ongoing COVID-19 pandemic.
IRET (NYSE: IRET) announced today a change in the format of its Annual Meeting of Shareholders ("Annual Meeting") from an in-person to a virtual-only meeting, via webcast, due to the emerging public health impact of the coronavirus pandemic (COVID-19) and to support the health and well-being of the Company's shareholders, employees and their families. As previously announced, the Annual Meeting will be held on Tuesday, May 19, 2020, at 9:00 a.m. CDT.
IRET (NYSE: IRET) announced today that it will release its operating results for the fiscal year ended December 31, 2019, after the market closes on Wednesday, February 19, 2020. Management will host a conference call to discuss those results on the following day, Thursday, February 20, 2020, at 10:00 a.m. Eastern Time.
Q4 2019 Investors Real Estate Trust Earnings Call
IRET (NYSE: IRET) announced today the final tax treatment (Form 1099-DIV) for calendar year 2019 distributions on its common and preferred shares of beneficial interest. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of their IRET distributions.
Investors Real Estate Trust (NYSE: IRET) will replace Innophos Holdings Inc. (NASD: IPHS) in the S&P; SmallCap 600 effective prior to the open of trading on Monday, February 10. One Rock Capital Partners is acquiring Innophos Holdings in a transaction expected to be completed soon pending final conditions.
IRET (NYSE: IRET) published today its 2019 Environmental, Social, and Governance (ESG) Report. This is IRET's inaugural ESG report designed to showcase its commitment to sustainability initiatives across the company.
Shifting property values could make REITs a value buy, especially in the industrial sector Continue reading...
IRET (NYSE: IRET) announced today that its Board of Trustees declared a regular quarterly distribution of $0.70 per share/unit, payable on April 9, 2020, to common shareholders and unitholders of record at the close of business on March 31, 2020. IRET has paid cash dividends to common shareholders and unitholders every quarter since its initial dividend in 1971.
Image source: The Motley Fool. Investors Real Estate Trust (NYSE: IRET)Q1 2020 Earnings CallMay 12, 2020, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to the Investors Real Estate Trust first-quarter 2020 earnings conference call.
Investors Real Estate Trust (IRET) delivered FFO and revenue surprises of 9.76% and -0.88%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
IRET (NYSE: IRET) announced today its financial and operating results for the quarter ended March 31, 2020. The tables below show Net Income (Loss), Funds from Operations ("FFO"), and Core FFO, all on a per share basis, for the three months ended March 31, 2020; Same-Store Revenues, Expenses, and Net Operating Income ("NOI") over comparable periods; and Same-Store Weighted-Average Occupancy for the three months ended March 31, 2020, December 31, 2019, and March 31, 2019. We have also included certain operating results for the month ended April 30, 2020.
Investors Real Estate Trust (IRET) delivered FFO and revenue surprises of -3.03% and -2.30%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Investors Real Estate Trust (NYSE:IRET), which is in the reits business, and is based in United States, saw a decent...