Revenue boost for Real Estate Investors

These analysts polled by Zacks Research now have a mean target price of $15.166 on the stock.

Whether a company misses or beats analyst estimates, the earnings report may guide short-term stock price movemments. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Investors Real Estate Trust (NYSE:IRET) opened at 5.76 on Tuesday. It has a 18.6 P/E ratio. The company has logged a 50-day average of 54.04GBX and 200-day moving average of 58.88GBX. The maximum price target given is $16 and the minimum target for short term is around $15, hence the standard deviation is calculated at $0.29.

Investors Real Estate Trust (NYSE:IRET) last released its earnings results on Thursday, September 8th.

Monmouth Real Estate Investment Corporation (MNR): 3 Wall Street analysts covering Monmouth Real Estate Investment Corporation (MNR) believe that the average level the stock could reach for the short term is $15.17. With an institutional ownership near 9.8%, it carries an earnings per share ratio of -0.21. During the same quarter in the prior year, the firm earned $0.16 EPS.

Dividend growth, now paid quarterly, continued with a 25 per cent increase to 1.25p. The ex-dividend date of this dividend is Tuesday, September 13th. DA Davidson dropped their price objective on Investors Real Estate Trust from $7.00 to $6.05 and set a “buy” rating for the company in a research note on Monday, September 12th.

Liberum Capital held the target price of Real Estate Investors PLC (LON:RLE) at 70GBX, indicating a possible upside of 0.20%. They presently have a GBX 70 ($0.93) price objective on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock.

Insider Activity: Corporate insiders look optimistic about the outlook of the company stock that they seem to accumulate shares while they have 38.49 jumped so far this year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IRET.

There is an expectation by sell-side analysts for Consolidated Edison Inc (NYSE:ED) to report $1.56 being the earnings per share for the current fiscal quarter.

In the company’s insider trading activities, Graham Wilkes Jackson; Chief Financial Officer of Wheeler Real Estate Investment Trust, Inc. bought 18108 shares worth of $31327 in a transaction on 01 Sep 2019.

Real Estate Investors has booked an H1 loss before tax of £560,000, from a year-earlier profit of £8.1m. Combining all the recommendations on Monmouth Real Estate Investment Corporation (NYSE:MNR), the mean now stands at 1.67.