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Investors Real Estate Trust (IRET.N)

IRET.N on New York Stock Exchange

5.96USD
22 Nov 2017
Change (% chg)

$-0.05 (-0.83%)
Prev Close
$6.01
Open
$5.98
Day's High
$6.02
Day's Low
$5.96
Volume
67,711
Avg. Vol
118,560
52-wk High
$7.27
52-wk Low
$5.60

Latest Key Developments (Source: Significant Developments)

IRET announces pricing of public offering of 6.625% series C cumulative redeemable preferred shares
Tuesday, 26 Sep 2017 08:04am EDT 

Sept 26 (Reuters) - Investors Real Estate Trust :IRET announces pricing of public offering of 6.625% series C cumulative redeemable preferred shares.Investors Real Estate Trust - ‍pricing of underwritten public offering of 4 million 6.625% series C cumulative redeemable preferred shares at $25.00/share​.  Full Article

IRET acquires 500-unit multifamily property for $92.3 mln
Wednesday, 13 Sep 2017 04:16pm EDT 

Sept 13 (Reuters) - Investors Real Estate Trust :IRET acquires 500-unit multifamily property for $92.3 million.Investors Real Estate Trust - Announced that it acquired Park Place Apartments for $92.3 million in twin cities submarket of Plymouth, Minnesota​.  Full Article

Investors Real Estate Trust qtrly ‍core FFO $ 0.10 per share​
Monday, 11 Sep 2017 04:31pm EDT 

Sept 11 (Reuters) - Investors Real Estate Trust :IRET announces fiscal first quarter 2018 results.Qtrly ‍core FFO $ 0.10 per share​.Investors real estate trust qtrly ‍FFO per share $0.10​.Q1 FFO per share view $0.10 -- Thomson Reuters I/B/E/S.Investors Real Estate Trust - Qtrly net operating income $28.5 million down 3.4 percent.  Full Article

Investors Real Estate Trust files for potential stock shelf offering- SEC filing‍​
Thursday, 7 Sep 2017 04:10pm EDT 

Sept 7 (Reuters) - Investors Real Estate Trust :Files for potential stock shelf offering; size not disclosed - SEC filing‍​.  Full Article

Investors Real Estate Trust says John Kirchmann has been appointed CFO, effective immediately
Thursday, 29 Jun 2017 06:45am EDT 

June 29 (Reuters) - Investors Real Estate Trust :Investors Real Estate Trust - John A. Kirchmann has been appointed chief financial officer, effective immediately.  Full Article

IRET Q4 FFO per share $0.07
Wednesday, 28 Jun 2017 04:15pm EDT 

June 28 (Reuters) - Investors Real Estate Trust ::IRET announces financial and operating results for the quarter and fiscal year ended April 30, 2017.Q4 revenue $54.3 million versus i/b/e/s view $51.4 million.Q4 FFO per share $0.07.Investors real estate trust qtrly affo per share $0.09.  Full Article

Investors Real Estate Trust announces acquisition of Oxbō Apartments
Friday, 26 May 2017 06:45am EDT 

May 26 (Reuters) - Investors Real Estate Trust : :Iret acquires multifamily property for $61.5 million.Investors Real Estate Trust - announces acquisition of Oxbō Apartments, a multifamily property in St. Paul, minnesota.  Full Article

IRET announces leadership changes
Thursday, 27 Apr 2017 04:30pm EDT 

April 27 (Reuters) - Investors Real Estate Trust :IRET continues strategic transformation with leadership transition.Mark O. Decker, jr. Promoted to chief executive officer.Timothy P. Mihalick to retire.John A. Kirchmann named successor to chief financial officer.Jeffrey P. Caira appointed chairman of board of trustees.Diane K. Bryantt, executive vice president and chief operating officer, will retire.expects to reduce its general and administrative expenses by approximately $3.5 to $4.0 million on an annual basis.company expects to incur a net charge of $0.4 to $0.7 million in fiscal q4 of 2017 related to management changes.  Full Article

IRET qtrly AFFO per share $0.10
Monday, 13 Mar 2017 04:15pm EDT 

Investors Real Estate Trust : Iret announces financial and operating results for the quarter and year-to-date ended january 31, 2017 . Q3 revenue $51.2 million versus i/b/e/s view $51.9 million . Q3 FFO per share $0.09 . Investors real estate trust qtrly affo per share $ 0.10 . Investors real estate trust - for fy ending april 30, 2017, management is revising its estimate of ffo to a range of $0.41 to $0.43 per share/unit . Q3 FFO per share view $0.13 -- Thomson Reuters I/B/E/S .Fy2017 FFO per share view $0.48 -- Thomson Reuters I/B/E/S.  Full Article

Investors Real Estate announces planned dispositions of senior housing properties for $236 mln
Wednesday, 31 Aug 2016 04:40pm EDT 

Investors Real Estate Trust : Announces planned dispositions of senior housing properties for $236.0 million . Investors real estate trust says would complete exit from senior housing portfolio .If all of transactions close, will have completely disposed of its senior housing portfolio for a total of about $279.5 million.  Full Article

BRIEF-Investors Real Estate says redeemed 4.6 mln of issued and outstanding series B preferred shares at $25 per share

* Investors Real Estate - redeemed 4.6 million of issued and outstanding series b preferred shares at $25 per share plus accrued and unpaid dividends Source text for Eikon: Further company coverage: