>
Irish Residential Properties REIT logo

IRES - Irish Residential Properties REIT Share Price

€1.52 0.0  0.0%

Last Trade - 14/05/21

Sector
Financials
Size
Mid Cap
Market Cap £690.6m
Enterprise Value £1.15bn
Revenue £64.4m
Position in Universe 529th / 1826
Bullish
Bearish
Unlock IRES Revenue
Momentum
Relative Strength (%)
1m -6.79%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -8.76%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
24.7 38.8 44.7 50.6 62.1 74.7 69.3 74.1 +24.8%
+342.4 +34.6 +37.3 +80.7 -35.5 -35.5 -39.5 +7.14
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, IrishResidential Properties REIT Plc revenues increased 20% toEUR74.7M. Net income decreased 32% to EUR58.3M. Revenuesreflect an increase in demand for the Company's productsand services due to favorable market conditions. Net incomewas offset by Net movement in fair value of investmentdecrease of 66% to EUR19.1M (income), Financing costsincrease of 6% to EUR12.8M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

IRES Revenue Unlock IRES Revenue

Net Income

IRES Net Income Unlock IRES Revenue

Normalised EPS

IRES Normalised EPS Unlock IRES Revenue

PE Ratio Range

IRES PE Ratio Range Unlock IRES Revenue

Dividend Yield Range

IRES Dividend Yield Range Unlock IRES Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
IRES EPS Forecasts Unlock IRES Revenue
Profile Summary

Irish Residential Properties REIT plc is a real estate investment trust (REIT). The Company focuses on acquiring, holding and professionally managing interests in multi-unit residential rental properties in Ireland and developing sites, included in its property portfolio. The Company operates through the property investment segment. The Company holds interest in approximately 2,064 apartments in Dublin, Ireland. The Company's properties include Kings Court, Grande Central, Priorsgate, Camac Crescent, The Laurels, The Marker, Beacon South Quarter, Charlestown, Bakers Yard, Lansdowne Gate, Rockbrook Grande Central, Rockbrook South Central, Tyrone Court, Bessboro, Tallaght Cross West and Forum. The Rockbrook Portfolio consists of approximately 270 residential apartments and mixed-use commercial space of approximately 4,665 square meters. The portfolio also includes a development site of approximately 1.13 hectares (2.8 acres) and associated basement car parking.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated July 2, 2013
Public Since April 16, 2014
No. of Shareholders: n/a
No. of Employees: 65
Sector Financials
Industry Residential & Commercial REITs
Index
Exchange Irish Stock Exchange
Shares in Issue 527,553,946
Free Float (0.0%)
Eligible for
ISAs
SIPPs
IRES Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for IRES
Upcoming Events for IRES
Frequently Asked Questions for Irish Residential Properties REIT
What is the Irish Residential Properties REIT share price?

As of 14/05/21, shares in Irish Residential Properties REIT are trading at €1.52, giving the company a market capitalisation of £690.6m. This share price information is delayed by 15 minutes.

How has the Irish Residential Properties REIT share price performed this year?

Shares in Irish Residential Properties REIT are currently trading at €1.52 and the price has moved by 31.03% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Irish Residential Properties REIT price has moved by 5.34% over the past year.

What are the analyst and broker recommendations for Irish Residential Properties REIT?

Of the analysts with advisory recommendations for Irish Residential Properties REIT, there are there are currently 1 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Irish Residential Properties REIT is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Irish Residential Properties REIT next release its financial results?

Irish Residential Properties REIT is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Irish Residential Properties REIT dividend yield?

The Irish Residential Properties REIT dividend yield is 3.93% based on the trailing twelve month period.

Does Irish Residential Properties REIT pay a dividend?

Last year, Irish Residential Properties REIT paid a total dividend of 0.06, and it currently has a trailing dividend yield of 3.93%. Looking ahead, Irish Residential Properties REIT has not announced an ex-dividend date yet.

When does Irish Residential Properties REIT next pay dividends?

Irish Residential Properties REIT has yet to annouce their ex-dividend date. The historic dividend yield on Irish Residential Properties REIT shares is currently 3.93%.

How do I buy Irish Residential Properties REIT shares?

To buy shares in Irish Residential Properties REIT you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Irish Residential Properties REIT?

Shares in Irish Residential Properties REIT are currently trading at €1.52, giving the company a market capitalisation of £690.6m.

Where are Irish Residential Properties REIT shares listed? Where are Irish Residential Properties REIT shares listed?

Here are the trading details for Irish Residential Properties REIT:

Country of listing: Ireland
Exchange: ISE
Ticker Symbol: IRES
What kind of share is Irish Residential Properties REIT?

Based on an overall assessment of its quality, value and momentum, Irish Residential Properties REIT is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Irish Residential Properties REIT share price forecast 2021?

Shares in Irish Residential Properties REIT are currently priced at €1.52. At that level they are trading at 11.84% discount to the analyst consensus target price of 0.00.

Analysts covering Irish Residential Properties REIT currently have a consensus Earnings Per Share (EPS) forecast of 0.07 for the next financial year.

How can I tell whether the Irish Residential Properties REIT share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Irish Residential Properties REIT. Over the past six months, the relative strength of its shares against the market has been -6.78%. At the current price of €1.52, shares in Irish Residential Properties REIT are trading at 2.51% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Irish Residential Properties REIT PE Ratio?

The Irish Residential Properties REIT PE ratio based on its reported earnings over the past 12 months is 13.15. The shares are currently trading at €1.52.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Irish Residential Properties REIT?

Irish Residential Properties REIT's management team is headed by:

Declan Moylan - NEC
Tom Kavanagh - NID
Phillip Burns - NED
Joan Garahy - NID
Mark Kenney - NED
Margaret Sweeney - CEO
Elise Lenser - SEC
Who are the major shareholders of Irish Residential Properties REIT?

Here are the top five shareholders of Irish Residential Properties REIT based on the size of their shareholding:

CAPREIT L.P. Corporation
Percentage owned: 18.75% (98.9m shares)
Setanta Asset Management Ltd. Investment Advisor
Percentage owned: 8.82% (46.5m shares)
Fidelity Management & Research Company LLC Investment Advisor
Percentage owned: 7.83% (41.3m shares)
Aviva Investors Global Services Limited Investment Advisor/Hedge Fund
Percentage owned: 5.62% (29.6m shares)
APG Asset Management N.V. Pension Fund
Percentage owned: 4.95% (26.1m shares)
Similar to IRES
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.