Bark or Bite? What is The Street Consensus on Investors Real Estate Trust (NYSE:IRET)

Investors Real Estate Trust (NYSE:IRET) currently has an Average Broker Rating of -3.22. This number is based on the 2.46 sell-side firms polled by Zacks. The ABR rank within the industry stands at -43.8.

Analysts often use a number of terms—buy, strong buy, near-term or long-term accumulate, near-term or long-term over-perform or under-perform, neutral, hold— to describe their recommendations. But the definitions of these terms can differ from company to company. Instead of making assumptions, investors should read the definitions of all ratings used in each analyst report. They should also consider the company’s disclosures regarding what percentage of all ratings fall into either “buy,” “hold/neutral,” and “sell” groups.

Analysts on a consensus basis are expecting that the stock will reach $75.56 within the year. The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating.
Research analysts study publicly traded companies and make recommendations on the securities of those companies. Most specialize in a particular industry or sector of the economy. They exert considerable influence in today’s marketplace. Analysts’ recommendations or reports can influence the price of a company’s stock—especially when the recommendations are widely disseminated through television appearances or through other electronic and print media. The mere mention of a company by a popular analyst can temporarily cause its stock to rise or fall—even when nothing about the company’s prospects or fundamentals has recently changed.Dedicated investors tend to spend a lot of time trying to decipher the correct procedure for beating the stock market. This may involve figuring out a proper strategy, and deciding which stocks to start with when constructing a portfolio. Building a portfolio does not have to be a frantic race. In fact, not rushing into things may end up putting the investor in a good position to succeed. There are times when tough decisions need to be made when dealing with the equity market. Spending enough time to assess all the possibilities before making an investing decision may pay off down the road. As most investors know, there is no magic formula for coming out a winner in the stock market. Acquiring the most possible knowledge about the markets and individual stocks can play a vital role in the long-term success of the individual investor. 

Research analysts are predicting that Investors Real Estate Trust (NYSE:IRET) will report earnings of $0.82 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Investors Real Estate Trust (NYSE:IRET) closed the last session at $57.34 and sees an average of 195420 shares trade hands in each session. The 52-week low of the stock stands at $53.34 while the current level stands at 0.88% of the 52-week High-Low range. Looking further out we can see that the stock has moved -21.97% over the past 12 weeks and -18.75% year to date.

Most recently Investors Real Estate Trust (NYSE:IRET) posted quarterly earnings of $0.96 which compared to the sell-side estimates of 0.99. The stock’s 12-month trailing earnings per share stands at $3.72. Shares have moved $0.14584 over the past month and more recently, $164 over the past week heading into the earnings announcement. There are 4 analyst projections that were taken into consideration from respected brokerage firms.

Investors studying the fundamentals might be conducting in-depth company research before deciding when to purchase a particular stock. The investor checklist may include studying the scope of a company’s competitive industry advantage, examining company management, and trying to get a general feel if the stock is valued properly. Once the decision is made that the company is a good fit for the portfolio, it may be wise to assess whether or not current conditions and price levels indicate proper levels for share purchase. The timing of purchasing a researched stock obviously comes with some level of trepidation. Investors will only know in the future whether they got in at the right price. A stock that looks very attractive today may not be as attractive in the future. Sometimes the investor will just have to trust their research and instinct when purchasing shares. 

8 analysts rate Investors Real Estate Trust a Buy or Strong Buy, which is 3% of all the analyst ratings.

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