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

  • 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
▼ -0.08 (-0.09%)
Get New Investors Real Estate Trust Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for IRET and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for IRET

Analyst Price Target is $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.

This chart shows the closing price for IRET for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

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 DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/31/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/30/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/29/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/27/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/25/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/25/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/24/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/24/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/4/2020Piper SandlerBoost Price TargetOverweight$80.00 ➝ $82.00Medium
9/24/2020DA DavidsonLower Price Target$75.00 ➝ $70.00Low
9/9/2020Piper SandlerLower Price TargetOverweight$83.00 ➝ $80.00Low
8/20/2020Raymond JamesDowngradeOutperform ➝ Market PerformHigh
7/10/2020Piper SandlerInitiated CoverageOverweight$80.00High
6/24/2020BMO Capital MarketsReiterated RatingHold$72.00Low
6/22/2020BTIG ResearchBoost Price TargetBuy$72.50 ➝ $79.00Low
3/17/2020Robert W. BairdDowngradeOutperform ➝ Neutral$64.00High
3/16/2020DA DavidsonDowngradeBuy ➝ NeutralHigh
3/12/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$85.00 ➝ $74.00High
3/10/2020BTIG ResearchLower Price Target$83.00 ➝ $75.00High
2/20/2020Compass PointDowngradeBuy ➝ Neutral$80.00Medium
12/18/2019National SecuritiesInitiated CoverageBuy$81.00Medium
10/17/2019Raymond JamesInitiated CoverageOutperform$83.00High
9/16/2019BTIG ResearchInitiated CoverageBuy$1.00 ➝ $79.00Low
8/23/2019BMO Capital MarketsBoost Price TargetOutperform$74.00 ➝ $76.00Low
7/29/2019DA DavidsonReiterated RatingBuyLow
7/22/2019Compass PointInitiated CoverageBuy ➝ Buy$67.50Medium
6/14/2019BMO Capital MarketsInitiated CoverageOutperform ➝ Outperform$60.25Medium
12/11/2018Boenning ScattergoodReiterated RatingHoldMedium
9/25/2018Robert W. BairdUpgradeNeutral ➝ OutperformHigh
9/17/2018Boenning ScattergoodInitiated CoverageNeutral ➝ NeutralLow
3/2/2018Robert W. BairdSet Price TargetHold$60.00Low
11/19/2017Robert W. BairdReiterated RatingHold$70.00N/A
12/12/2016Janney Montgomery ScottDowngradeBuy ➝ Neutral$70.00 ➝ $65.00N/A
9/13/2016Robert W. BairdSet Price TargetHold$70.00 ➝ $60.00N/A
9/12/2016DA DavidsonLower Price TargetBuy$70.00 ➝ $60.50N/A
8/23/2016Janney Montgomery ScottInitiated CoverageBuy$70.00N/A
(Data available from 7/24/2016 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).
Read More

Today's Range

Now: $90.38
Low: $89.82
High: $90.79

50 Day Range

MA: $71.47
Low: $68.55
High: $73.17

52 Week Range

Now: $90.38
Low: $43.58
High: $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?

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.