$0.10 EPS Expected for Investors Real Estate Trust (IRET)

August 22, 2017 – By Winifred Garcia

Investors sentiment increased to 1.31 in Q4 2016. Its up 0.33, from 0.98 in 2016Q3. It improved, as 11 investors sold Investors Real Estate Trust shares while 41 reduced holdings. 26 funds opened positions while 42 raised stakes. 58.69 million shares or 0.26% less from 58.85 million shares in 2016Q3 were reported.
Fdx has 23,477 shares for 0% of their portfolio. Royal Fincl Bank Of Canada owns 211,352 shares for 0% of their portfolio. Gsa Capital Prtnrs Llp has 0.03% invested in Investors Real Estate Trust (NYSE:IRET). Da Davidson And accumulated 0.11% or 676,030 shares. Independent Portfolio Consultants invested 0.04% of its portfolio in Investors Real Estate Trust (NYSE:IRET). 278,561 were accumulated by Asset Mgmt One Communication Limited. Pnc Financial Grp Inc reported 400 shares. Capital Fincl Advisers Limited Liability Corporation holds 0% in Investors Real Estate Trust (NYSE:IRET) or 10,340 shares. First Trust Advsr L P invested in 254,838 shares. Grace White Incorporated Ny invested in 1.32% or 860,466 shares. Barnett & Communication Inc reported 0% of its portfolio in Investors Real Estate Trust (NYSE:IRET). Inv Centers Of America holds 0.71% of its portfolio in Investors Real Estate Trust (NYSE:IRET) for 1.17 million shares. Blackrock Japan Com stated it has 5,418 shares. Swiss Bank & Trust accumulated 0% or 192,900 shares. Ubs Asset Mngmt Americas accumulated 185,305 shares.

Analysts await Investors Real Estate Trust (NYSE:IRET) to report earnings on September, 14. They expect $0.10 EPS, down 16.67 % or $0.02 from last year’s $0.12 per share. IRET’s profit will be $13.62M for 15.50 P/E if the $0.10 EPS becomes a reality. After $0.11 actual EPS reported by Investors Real Estate Trust for the previous quarter, Wall Street now forecasts -9.09 % negative EPS growth. About 45,470 shares traded. Investors Real Estate Trust (NYSE:IRET) has risen 2.70% since August 22, 2016 and is uptrending. It has underperformed by 14.00% the S&P500.

Investors Real Estate Trust (NYSE:IRET) Ratings Coverage

Among 4 analysts covering Investors Real Estate Trust (NYSE:IRET), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Investors Real Estate Trust had 6 analyst reports since September 1, 2015 according to SRatingsIntel. DA Davidson initiated Investors Real Estate Trust (NYSE:IRET) rating on Friday, September 18. DA Davidson has “Buy” rating and $9 target. The stock of Investors Real Estate Trust (NYSE:IRET) has “Buy” rating given on Tuesday, September 1 by Wunderlich. The stock of Investors Real Estate Trust (NYSE:IRET) has “Neutral” rating given on Monday, December 12 by Janney Capital. Wunderlich downgraded it to “Hold” rating and $7.50 target in Friday, December 18 report. Robert W. Baird maintained Investors Real Estate Trust (NYSE:IRET) rating on Tuesday, September 13. Robert W. Baird has “Neutral” rating and $6 target. The stock of Investors Real Estate Trust (NYSE:IRET) earned “Hold” rating by Wunderlich on Friday, July 1.

Investors Real Estate Trust is a self-advised equity real estate investment trust . The company has market cap of $844.47 million. The Company’s business consists of owning and operating income-producing real estate properties. It currently has negative earnings. The Company’s divisions include Multifamily, Healthcare and All Other.

Another recent and important Investors Real Estate Trust (NYSE:IRET) news was published by Forbes.com which published an article titled: “5 Widely Held REITs You Should Dump Today” on August 06, 2017.