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

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $76.00
Forecasted Upside: -15.91 %
Number of Analysts: 2
Breakdown:
0 Sell Ratings
1 Hold Ratings
1 Buy Ratings
0 Strong Buy Ratings

^$90.38 As of 07/22/2021 01:00 AM ET

▼ -0.08 (-0.09%)

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Analyst Price Target for IRET

^$76.00

▼ -15.91% Downside Potential

This price target is based on 2 analysts offering 12 month price targets for Investors Real Estate Trust in the last 3 months. The average price target is $76.00, with a high forecast of $82.00 and a low forecast of $70.00. The average price target represents a -15.91% upside from the last price of $90.38.

Current Consensus is Buy

The current consensus among 2 contributing investment analysts is to buy stock in Investors Real Estate Trust. This rating changed within the last month from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

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

Ratings as of

1/31/2020

0 strong buy ratings
2 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

4/30/2020

0 strong buy ratings
3 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

7/29/2020

0 strong buy ratings
3 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

10/27/2020

0 strong buy ratings
2 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

1/25/2021

0 strong buy ratings
2 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

4/25/2021

0 strong buy ratings
1 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

6/24/2021

0 strong buy ratings
1 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

7/24/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
11/4/2020	Piper Sandler	Boost Price Target	Overweight	$80.00 ➝ $82.00	Medium
9/24/2020	DA Davidson	Lower Price Target		$75.00 ➝ $70.00	Low
9/9/2020	Piper Sandler	Lower Price Target	Overweight	$83.00 ➝ $80.00	Low
8/20/2020	Raymond James	Downgrade	Outperform ➝ Market Perform		High
7/10/2020	Piper Sandler	Initiated Coverage	Overweight	$80.00	High
6/24/2020	BMO Capital Markets	Reiterated Rating	Hold	$72.00	Low
6/22/2020	BTIG Research	Boost Price Target	Buy	$72.50 ➝ $79.00	Low
3/17/2020	Robert W. Baird	Downgrade	Outperform ➝ Neutral	$64.00	High
3/16/2020	DA Davidson	Downgrade	Buy ➝ Neutral		High
3/12/2020	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$85.00 ➝ $74.00	High
3/10/2020	BTIG Research	Lower Price Target		$83.00 ➝ $75.00	High
2/20/2020	Compass Point	Downgrade	Buy ➝ Neutral	$80.00	Medium
12/18/2019	National Securities	Initiated Coverage	Buy	$81.00	Medium
10/17/2019	Raymond James	Initiated Coverage	Outperform	$83.00	High
9/16/2019	BTIG Research	Initiated Coverage	Buy	$1.00 ➝ $79.00	Low
8/23/2019	BMO Capital Markets	Boost Price Target	Outperform	$74.00 ➝ $76.00	Low
7/29/2019	DA Davidson	Reiterated Rating	Buy		Low
7/22/2019	Compass Point	Initiated Coverage	Buy ➝ Buy	$67.50	Medium
6/14/2019	BMO Capital Markets	Initiated Coverage	Outperform ➝ Outperform	$60.25	Medium
12/11/2018	Boenning Scattergood	Reiterated Rating	Hold		Medium
9/25/2018	Robert W. Baird	Upgrade	Neutral ➝ Outperform		High
9/17/2018	Boenning Scattergood	Initiated Coverage	Neutral ➝ Neutral		Low
3/2/2018	Robert W. Baird	Set Price Target	Hold	$60.00	Low
11/19/2017	Robert W. Baird	Reiterated Rating	Hold	$70.00	N/A
12/12/2016	Janney Montgomery Scott	Downgrade	Buy ➝ Neutral	$70.00 ➝ $65.00	N/A
9/13/2016	Robert W. Baird	Set Price Target	Hold	$70.00 ➝ $60.00	N/A
9/12/2016	DA Davidson	Lower Price Target	Buy	$70.00 ➝ $60.50	N/A
8/23/2016	Janney Montgomery Scott	Initiated Coverage	Buy	$70.00	N/A

(Data available from 7/24/2016 forward)

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).

Today's Range

Now: $90.38

$89.82

$90.79

50 Day Range

MA: $71.47

$68.55

$73.17

52 Week Range

Now: $90.38

$43.58

$85.24

Volume

38,967 shs

Average Volume

101,054 shs

Market Capitalization

$1.17 billion

P/E Ratio

21.52

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: DA Davidson, Piper Sandler, Raymond James, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for IRET.

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

2 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 $76.00, suggesting a possible downside of 15.9%. Piper Sandler has the highest price target set, predicting IRET will reach $82.00 in the next twelve months. DA Davidson has the lowest price target set, forecasting a price of $70.00 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 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe IRET will outperform the market and that investors should add to their positions of Investors Real Estate Trust.
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.