Investors Real Estate Trust (NYSE:IRET) is set to announce its earnings results after the market closes on Monday, December 11th. Analysts expect the company to announce earnings of $0.10 per share for the quarter.

Investors Real Estate Trust (NYSE:IRET) last posted its quarterly earnings results on Monday, September 11th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.10. Investors Real Estate Trust had a net margin of 25.72% and a return on equity of 0.11%. The company had revenue of $52.70 million for the quarter, compared to the consensus estimate of $50.76 million. During the same period last year, the firm posted $0.12 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, analysts expect Investors Real Estate Trust to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Investors Real Estate Trust (IRET) opened at $5.96 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.23 and a quick ratio of 0.23. Investors Real Estate Trust has a 52-week low of $5.60 and a 52-week high of $7.28. The stock has a market cap of $718.70, a PE ratio of 13.24, a PEG ratio of 2.50 and a beta of 0.81.

A number of research analysts have recently issued reports on IRET shares. Zacks Investment Research upgraded shares of Investors Real Estate Trust from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. ValuEngine upgraded shares of Investors Real Estate Trust from a “hold” rating to a “buy” rating in a research report on Monday, September 11th. BidaskClub upgraded shares of Investors Real Estate Trust from a “sell” rating to a “hold” rating in a research report on Thursday, October 12th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $7.00 price objective on shares of Investors Real Estate Trust in a research report on Sunday, November 19th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. Investors Real Estate Trust currently has a consensus rating of “Hold” and a consensus price target of $6.67.

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About Investors Real Estate Trust

Investors Real Estate Trust is a self-advised equity real estate investment trust (REIT). The Company’s business consists of owning and operating income-producing real estate properties. Its segments include Multifamily, Healthcare and All Other. Its investments consist of multifamily and healthcare properties located primarily in the upper Midwest states of Minnesota and North Dakota.

Earnings History for Investors Real Estate Trust (NYSE:IRET)

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