With a one year PEG ratio of 0.15, Investors Real Estate Trust is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than only 4.06% of US stocks.
Of note is the ratio of Investors Real Estate Trust's sales and general administrative expense to its total operating expenses; only 7.75% of US stocks have a lower such ratio.
The volatility of Investors Real Estate Trust's share price is greater than that of only 10.46% US stocks with at least 200 days of trading history.
Stocks that are quantitatively similar to IRET, based on their financial statements, market capitalization, and price volatility, are ENBL, BDN, SBRA, VNOM, and PLYM.
Investors Real Estate Trust Shares of Beneficial Interest (IRET) Company Bio
Investors Real Estate Trust is a real estate investment trust. The trust's investments include multi-family residential properties and commercial office, healthcare, industrial and retail properties. The company was founded in 1970 and is based in Minot, North Dakota.
IRET Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Investors Real Estate Trust with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Investors Real Estate Trust ranked in the 66th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Investors Real Estate Trust, consider:
Investors Real Estate Trust's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 12.16% of tickers in our DCF set.
As a business, Investors Real Estate Trust experienced a tax rate of about 0% over the past twelve months; relative to its sector (Real Estate), this tax rate is higher than only 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as IRET, try EQR, SAFE, PSB, CLNC, and HIW.
Investors Real Estate Trust (IRET) declares $0.70/share quarterly dividend, in line with previous.Forward yield 3.99%Payable Oct. 9; for shareholders of record Sept. 30; ex-div Sept. 29.See IRET Dividend Scorecard, Yield Chart, & Dividend Growth....
IRET (NYSE: IRET) announced today that its Board of Trustees declared a regular quarterly distribution of $0.70 per share/unit, payable on October 9, 2020, to common shareholders and unitholders of record at the close of business on September 30, 2020. IRET has paid cash dividends to common shareholders and unitholders every quarter since its initial dividend in 1971.
IRET (NYSE: IRET) announced today that it sold four apartment communities consisting of 690 apartment homes in Grand Forks, North Dakota for an aggregate sale price of $42.5 million. The four Grand Forks properties are Forest Park, Landmark, Southwind and Valley Park. These dispositions continue the strategy of improving the quality of our portfolio and capital recycling to focus on expansion in the target markets of Denver, Nashville, and Minneapolis.