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Irish Residential Properties REIT LSE:0QT8 Stock Report

Last Price

€1.02

Market Cap

€540.2m

7D

2.6%

1Y

1.1%

Updated

23 Apr, 2024

Data

Company Financials +

Irish Residential Properties REIT Plc

LSE:0QT8 Stock Report

Market Cap: €540.2m

0QT8 Stock Overview

Irish Residential Properties REIT plc (together with IRES Residential Properties Limited & IRES Fund Management Limited, the "Group") is a growth oriented Real Estate Investment Trust that is focused on acquiring, holding, managing and developing investments primarily focused on private residential rental accommodations in Ireland.

0QT8 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health0/6
Dividends2/6

Irish Residential Properties REIT Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Irish Residential Properties REIT
Historical stock prices
Current Share Price€1.02
52 Week High€1.19
52 Week Low€0.87
Beta0.68
1 Month Change1.31%
3 Month Change-13.34%
1 Year Change1.10%
3 Year Change-37.96%
5 Year Change-36.18%
Change since IPO0.59%

Recent News & Updates

Recent updates

Shareholder Returns

0QT8GB Residential REITsGB Market
7D2.6%-1.9%-0.9%
1Y1.1%-2.2%-1.8%

Return vs Industry: 0QT8 exceeded the UK Residential REITs industry which returned -2.2% over the past year.

Return vs Market: 0QT8 exceeded the UK Market which returned -1.8% over the past year.

Price Volatility

Is 0QT8's price volatile compared to industry and market?
0QT8 volatility
0QT8 Average Weekly Movement2.8%
Residential REITs Industry Average Movement2.8%
Market Average Movement4.8%
10% most volatile stocks in GB Market11.3%
10% least volatile stocks in GB Market2.6%

Stable Share Price: 0QT8 has not had significant price volatility in the past 3 months.

Volatility Over Time: 0QT8's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201395Margaret Sweeneywww.iresreit.ie

Irish Residential Properties REIT plc (together with IRES Residential Properties Limited & IRES Fund Management Limited, the "Group") is a growth oriented Real Estate Investment Trust that is focused on acquiring, holding, managing and developing investments primarily focused on private residential rental accommodations in Ireland. The Group currently owns 3,915 apartments and houses for private rental in Dublin and Cork with an additional 91 units due for delivery before the end of H1 2022 under pre-purchase contracts and a further 44 units in 2023. The Company has a further 61 units currently under construction directly on owned sites due in H1 2022 and has planning approval to develop an additional 543 residential units on its existing sites.

Irish Residential Properties REIT Plc Fundamentals Summary

How do Irish Residential Properties REIT's earnings and revenue compare to its market cap?
0QT8 fundamental statistics
Market cap€540.17m
Earnings (TTM)-€116.01m
Revenue (TTM)€87.85m

6.1x

P/S Ratio

-4.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0QT8 income statement (TTM)
Revenue€87.85m
Cost of Revenue€19.94m
Gross Profit€67.91m
Other Expenses€183.93m
Earnings-€116.01m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 01, 2024

Earnings per share (EPS)-0.22
Gross Margin77.30%
Net Profit Margin-132.05%
Debt/Equity Ratio81.7%

How did 0QT8 perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

-20%

Payout Ratio
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