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NYSE:IRET - Investors Real Estate Trust Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $73.40
  • Forecasted Upside: 0.95 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$72.71 As of 03/5/2021 01:00 AM ET
▲ +1.84 (2.60%)
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Analyst Price Target for IRET

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$73.40
▲ +0.95% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Investors Real Estate Trust in the last 3 months. The average price target is $73.40, with a high forecast of $82.00 and a low forecast of $64.00. The average price target represents a 0.95% upside from the last price of $72.71.
Hold
The current consensus among 6 contributing investment analysts is to hold stock in Investors Real Estate Trust. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
9/13/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
12/12/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/11/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
6/9/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
9/7/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
12/6/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
2/4/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/6/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/4/2020Piper SandlerBoost Price TargetOverweight$80.00 ➝ $82.00Medium
i
9/24/2020DA DavidsonLower Price Target$75.00 ➝ $70.00Low
i
9/9/2020Piper SandlerLower Price TargetOverweight$83.00 ➝ $80.00Low
i
8/20/2020Raymond JamesDowngradeOutperform ➝ Market PerformHigh
i
7/10/2020Piper SandlerInitiated CoverageOverweight$80.00High
i
6/24/2020BMO Capital MarketsReiterated RatingHold$72.00Low
i
6/22/2020BTIG ResearchBoost Price TargetBuy$72.50 ➝ $79.00Low
i
3/17/2020Robert W. BairdDowngradeOutperform ➝ Neutral$64.00High
i
3/16/2020DA DavidsonDowngradeBuy ➝ NeutralHigh
i
Rating by B. Oxford at DA Davidson
3/12/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$85.00 ➝ $74.00High
i
3/10/2020BTIG ResearchLower Price Target$83.00 ➝ $75.00High
i
2/20/2020Compass PointDowngradeBuy ➝ Neutral$80.00Medium
i
12/18/2019National SecuritiesInitiated CoverageBuy$81.00Medium
i
10/17/2019Raymond JamesInitiated CoverageOutperform$83.00High
i
9/16/2019BTIG ResearchInitiated CoverageBuy$1.00 ➝ $79.00Low
i
8/23/2019BMO Capital MarketsBoost Price TargetOutperform$74.00 ➝ $76.00Low
i
7/29/2019DA DavidsonReiterated RatingBuyLow
i
Rating by B. Oxford at DA Davidson
7/22/2019Compass PointInitiated CoverageBuy ➝ Buy$67.50Medium
i
6/14/2019BMO Capital MarketsInitiated CoverageOutperform ➝ Outperform$60.25Medium
i
12/11/2018Boenning ScattergoodReiterated RatingHoldMedium
i
Rating by M. Ross at Boenning Scattergood
9/25/2018Robert W. BairdUpgradeNeutral ➝ OutperformHigh
i
9/17/2018Boenning ScattergoodInitiated CoverageNeutral ➝ NeutralLow
i
Rating by Merrill Ross at Boenning Scattergood
3/2/2018Robert W. BairdSet Price TargetHold$60.00Low
i
Rating by Drew Babin at Robert W. Baird
11/19/2017Robert W. BairdReiterated RatingHold$70.00N/A
i
12/12/2016Janney Montgomery ScottDowngradeBuy ➝ Neutral$70.00 ➝ $65.00N/A
i
9/13/2016Robert W. BairdSet Price TargetHold$70.00 ➝ $60.00N/A
i
9/12/2016DA DavidsonLower Price TargetBuy$70.00 ➝ $60.50N/A
i
8/23/2016Janney Montgomery ScottInitiated CoverageBuy$70.00N/A
i
7/7/2016Robert W. BairdDowngradeOutperform ➝ Neutral$80.00 ➝ $70.00N/A
i
7/1/2016WunderlichLower Price TargetHold$75.00 ➝ $67.50N/A
i
(Data available from 3/7/2016 forward)
Investors Real Estate Trust logo
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of September 30, 2020, we owned interests in 67 apartment communities consisting of 11,910 apartment homes. IRET's common shares and Series C preferred shares are publicly traded on the New York Stock Exchange (NYSE symbols: "IRET" and "IRET PC," respectively).
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Today's Range

Now: $72.71
$70.76
$72.82

50 Day Range

MA: $71.47
$68.55
$73.17

52 Week Range

Now: $72.71
$43.58
$85.24

Volume

60,453 shs

Average Volume

101,054 shs

Market Capitalization

$943.48 million

P/E Ratio

17.31

Dividend Yield

3.98%

Beta

1.02

Frequently Asked Questions

What sell-side analysts currently cover shares of Investors Real Estate Trust?

The following equities research analysts have issued reports on Investors Real Estate Trust in the last year: BMO Capital Markets, BTIG Research, DA Davidson, Piper Sandler, Raymond James, Robert W. Baird, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for IRET.

What is the current price target for Investors Real Estate Trust?

5 Wall Street analysts have set twelve-month price targets for Investors Real Estate Trust in the last year. Their average twelve-month price target is $73.40, suggesting a possible upside of 3.6%. Piper Sandler has the highest price target set, predicting IRET will reach $82.00 in the next twelve months. Robert W. Baird has the lowest price target set, forecasting a price of $64.00 for Investors Real Estate Trust in the next year.
View the latest price targets for IRET.

What is the current consensus analyst rating for Investors Real Estate Trust?

Investors Real Estate Trust currently has 4 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in IRET, but not buy more shares or sell existing shares.
View the latest ratings for IRET.

What other companies compete with Investors Real Estate Trust?

Other companies that are similar to Investors Real Estate Trust include Duke Realty, Vornado Realty Trust, Cousins Properties, Spirit Realty Capital, PS Business Parks, Lexington Realty Trust, American Assets Trust, Washington Real Estate Investment Trust, Gladstone Commercial, One Liberty Properties, Whitestone REIT and Gyrodyne.

How do I contact Investors Real Estate Trust's investor relations team?

Investors Real Estate Trust's physical mailing address is 1400 31ST AVENUE SW SUITE 60 PO BOX 1988, MINOT ND, 58702. The real estate investment trust's listed phone number is 701-837-4738 and its investor relations email address is [email protected] The official website for Investors Real Estate Trust is www.iretapartments.com.