Inland Real Estate Corp. Director Arcy Thomas P. D Sells 6,100 Shares (IRC)
Inland Real Estate Corp. (NYSE:IRC) Director Arcy Thomas P. D sold 6,100 shares of the company’s stock on the open market in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $10.58, for a total value of $64,538.00. Following the completion of the sale, the director now directly owns 21,546 shares in the company, valued at approximately $227,957. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Inland Real Estate Corp. (NYSE:IRC) traded up 1.04% during mid-day trading on Tuesday, hitting $10.64. The stock had a trading volume of 342,427 shares. Inland Real Estate Corp. has a 52 week low of $9.51 and a 52 week high of $11.08. The stock has a 50-day moving average of $10.55 and a 200-day moving average of $10.50. The company has a market cap of $1.062 billion and a price-to-earnings ratio of 9.28.
Inland Real Estate Corp. (NYSE:IRC) last released its earnings data on Thursday, May 8th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The company had revenue of $57.11 million for the quarter, compared to the consensus estimate of $50.50 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. Analysts expect that Inland Real Estate Corp. will post $0.96 EPS for the current fiscal year.
The company also recently declared a jul 14 dividend, which is scheduled for Thursday, July 17th. Stockholders of record on Monday, June 30th will be given a dividend of $0.0475 per share. This represents a yield of 5.44%. The ex-dividend date of this dividend is Thursday, June 26th.
Inland Real Estate Corporation is a self-managed, real estate investment trust (NYSE:IRC).
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