Market News

Investors Real Estate Trust (IRET) Analysts See $0.10 EPS; J2 Global (JCOM)’s Sentiment Is 1.24

j2 Global, Inc., together with its subsidiaries, engages in the provision of Internet services worldwide. The company has market cap of $3.74 billion. It operates through two divisions, Business Cloud Services and Digital Media. It has a 27.3 P/E ratio. The Business Cloud Services segment offers cloud services to sole proprietors, small to medium-sized businesses and enterprises, and government organizations.

Analysts expect Investors Real Estate Trust (NYSE:IRET) to report $0.10 EPS on March, 12.They anticipate $0.02 EPS change or 16.67% from last quarter’s $0.12 EPS. IRET’s profit would be $13.47M giving it 12.35 P/E if the $0.10 EPS is correct. After having $0.10 EPS previously, Investors Real Estate Trust’s analysts see 0.00% EPS growth. The stock increased 0.61% or $0.03 during the last trading session, reaching $4.94. About 63,584 shares traded. Investors Real Estate Trust (NYSE:IRET) has risen 2.70% since February 21, 2017 and is uptrending. It has underperformed by 14.00% the S&P500.

Analysts await j2 Global, Inc. (NASDAQ:JCOM) to report earnings on May, 14. They expect $1.05 earnings per share, down 7.89% or $0.09 from last year’s $1.14 per share. JCOM’s profit will be $50.83 million for 18.40 P/E if the $1.05 EPS becomes a reality. After $1.69 actual earnings per share reported by j2 Global, Inc. for the previous quarter, Wall Street now forecasts -37.87% negative EPS growth.

Brave Asset Management Inc holds 2.56% of its portfolio in j2 Global, Inc. for 66,031 shares. Pembroke Management Ltd owns 323,186 shares or 2.33% of their US portfolio. Moreover, Cardinal Capital Management Llc Ct has 2.1% invested in the company for 686,416 shares. The Pennsylvania-based Copeland Capital Management Llc has invested 1.76% in the stock. Corbyn Investment Management Inc Md, a Maryland-based fund reported 72,322 shares.

The stock decreased 0.03% or $0.03 during the last trading session, reaching $77.26. About 30,467 shares traded. j2 Global, Inc. (JCOM) has risen 30.53% since February 21, 2017 and is uptrending. It has outperformed by 13.83% the S&P500.

Ratings analysis reveals 50% of j2 Global’s analysts are positive. Out of 2 Wall Street analysts rating j2 Global, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. JCOM was included in 2 notes of analysts from August 31, 2016. On Wednesday, January 25 the stock rating was downgraded by Citigroup to “Neutral”. The firm earned “Outperform” rating on Wednesday, August 31 by Robert W. Baird.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $232,900 activity.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.04, from 1.26 in 2017Q2. It is positive, as 11 investors sold Investors Real Estate Trust shares while 36 reduced holdings. 22 funds opened positions while 39 raised stakes. 60.28 million shares or 0.62% more from 59.91 million shares in 2017Q2 were reported. Barclays Public Limited Company reported 2,935 shares. 28,150 were reported by Aperio Group Inc Limited Liability Company. Alliancebernstein Limited Partnership owns 211,447 shares. Pnc Svcs holds 404 shares. Qs Limited Liability has invested 0% in Investors Real Estate Trust (NYSE:IRET). Tiaa Cref Investment Management Limited Liability accumulated 0% or 393,092 shares. Moreover, Goldman Sachs Grp Incorporated Incorporated has 0% invested in Investors Real Estate Trust (NYSE:IRET). 11,440 were reported by Planning Corporation. Zurcher Kantonalbank (Zurich Cantonalbank) reported 7,782 shares. Envestnet Asset Management Inc holds 109,073 shares or 0% of its portfolio. Utah Retirement has invested 0% of its portfolio in Investors Real Estate Trust (NYSE:IRET). Nomura Asset Mngmt Co invested in 0.01% or 66,700 shares. Nationwide Fund reported 66,848 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement Sys holds 91,343 shares or 0% of its portfolio. Swiss National Bank holds 200,400 shares.

IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of multifamily apartment communities. The company has market cap of $665.20 million. As of October 31, 2017, IRET owned interests in 89 multifamily properties consisting of 13,576 apartment homes and 40 commercial properties, including 28 healthcare and 12 other commercial properties, with a total of 2.5 million square feet of leasable space. It has a 14.92 P/E ratio.

Among 4 analysts covering Investors Real Estate Trust (NYSE:IRET), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Investors Real Estate Trust had 8 analyst reports since September 1, 2015 according to SRatingsIntel. Robert W. Baird maintained the stock with “Neutral” rating in Tuesday, September 13 report. DA Davidson initiated Investors Real Estate Trust (NYSE:IRET) on Friday, September 18 with “Buy” rating. The firm earned “Hold” rating on Friday, November 17 by Robert W. Baird. Robert W. Baird maintained Investors Real Estate Trust (NYSE:IRET) rating on Tuesday, October 3. Robert W. Baird has “Hold” rating and $7.0 target. Janney Capital downgraded the shares of IRET in report on Monday, December 12 to “Neutral” rating. Wunderlich downgraded Investors Real Estate Trust (NYSE:IRET) rating on Friday, December 18. Wunderlich has “Hold” rating and $7.50 target. Wunderlich maintained the stock with “Hold” rating in Friday, July 1 report. Wunderlich maintained Investors Real Estate Trust (NYSE:IRET) rating on Tuesday, September 1. Wunderlich has “Buy” rating and $9.0 target.

Leave a Reply

Your email address will not be published. Required fields are marked *