IRES 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. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 3/6 |
My Notes
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Irish Residential Properties REIT Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €0.90 |
| 52 Week High | €1.20 |
| 52 Week Low | €0.80 |
| Beta | 0.71 |
| 1 Month Change | 2.51% |
| 3 Month Change | 0.22% |
| 1 Year Change | -18.36% |
| 3 Year Change | -46.86% |
| 5 Year Change | -43.88% |
| Change since IPO | -13.65% |
Recent News & Updates
Shareholder Returns
| IRES | IE Residential REITs | IE Market | |
|---|---|---|---|
| 7D | -3.4% | -1.6% | -1.4% |
| 1Y | -18.4% | -10.3% | 4.5% |
Return vs Industry: IRES underperformed the Irish Residential REITs industry which returned -10.3% over the past year.
Return vs Market: IRES underperformed the Irish Market which returned 4.5% over the past year.
Price Volatility
| IRES volatility | |
|---|---|
| IRES Average Weekly Movement | 3.2% |
| Residential REITs Industry Average Movement | 3.1% |
| Market Average Movement | 3.7% |
| 10% most volatile stocks in IE Market | 8.0% |
| 10% least volatile stocks in IE Market | 2.8% |
Stable Share Price: IRES has not had significant price volatility in the past 3 months compared to the Irish market.
Volatility Over Time: IRES's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 95 | Eddie Byrne | www.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
| IRES fundamental statistics | |
|---|---|
| Market cap | €475.56m |
| Earnings (TTM) | -€92.43m |
| Revenue (TTM) | €86.39m |
5.5x
P/S Ratio-5.1x
P/E RatioIs IRES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IRES income statement (TTM) | |
|---|---|
| Revenue | €86.39m |
| Cost of Revenue | €20.03m |
| Gross Profit | €66.35m |
| Other Expenses | €158.78m |
| Earnings | -€92.43m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.17 |
| Gross Margin | 76.81% |
| Net Profit Margin | -107.00% |
| Debt/Equity Ratio | 85.2% |
How did IRES perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield-22%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Irish Residential Properties REIT Plc is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sander Bunck | Barclays |
| Eleanor Frew | Barclays |
| Tom Horne | Berenberg |