Insider Trading Alert: Investors Real Estate Trust $IRET

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Investors Real Estate Trust (NYSE:IRET) insider have most recently took part in a trading activity. On Dec 27, 2017 Kirchmann John, EVP and CFO bought 1,000 shares having total worth of $5,700 at the price of $5.7 per share, following the transaction a total of 33,251 shares owned by Kirchmann John.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 1 times by insiders. an employee of the company was the buyer in 1 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 -6.05%
12 Month 1 0 -12.75%

Shares of Investors Real Estate Trust (NYSE:IRET) traded up 0.52% on Dec 28, 2017, hitting $5.75. 741,053 shares of the company’s stock traded hands. Investors Real Estate Trust has a 52 week low of $5.64 and a 52 week high of $7.2. The company’s market cap is $747 million.

Investors Real Estate Trust (NYSE:IRET) last announced its earnings results on Dec 11, 2017. The company reported 0.10 earnings per share (EPS) for the quarter. The company had revenue of $54 million for the quarter, compared to the consensus estimate of $54 million. During the same quarter in the previous year, the company posted 0.11 earnings per share. The company’s revenue for the quarter was up 7% on a year-over-year basis.

2017-12-11 2017-09-11 2017-06-28 2017-03-13 2016-12-12 2016-09-08 2016-06-29 2016-03-10 2015-12-10 2015-09-09
earnings per share 0.10 0.10 0.09 0.12 0.11 0.10 0.12 0.14 0.12 0.16
Revenue(M) 53.92 52.74 54.34 51.17 50.61 49.61 48.52 55.77 52.27 50.96

Investors Real Estate Trust is a self-advised equity Real Estate Investment Trust organized under the laws of North Dakota. Since its formation in 1970, its business has consisted of owning and operating income-producing real estate properties. The Company owns and operates income-producing real estate properties in the United States. It owns multi-family residential properties and commercial office, medical, industrial, and retail properties located primarily in the upper midwest states of Minnesota and North Dakota. As of April 30, 2013, it owned 87 multi-family residential properties with approximately 10,280 apartment units and 182 commercial properties, consisting of commercial office, commercial healthcare, commercial industrial and commercial retail properties, totaling approximately 12.4 million net rentable square feet.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.