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.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 2/6 |
Irish Residential Properties REIT Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €1.01 |
| 52 Week High | €1.20 |
| 52 Week Low | €0.87 |
| Beta | 0.68 |
| 1 Month Change | 1.40% |
| 3 Month Change | -13.33% |
| 1 Year Change | 1.40% |
| 3 Year Change | -38.10% |
| 5 Year Change | -35.82% |
| Change since IPO | -2.50% |
Recent News & Updates
Shareholder Returns
| IRES | IE Residential REITs | IE Market | |
|---|---|---|---|
| 7D | 3.2% | -1.5% | 0.4% |
| 1Y | 1.4% | -11.5% | 14.6% |
Return vs Industry: IRES exceeded the Irish Residential REITs industry which returned -11.5% over the past year.
Return vs Market: IRES underperformed the Irish Market which returned 14.6% over the past year.
Price Volatility
| IRES volatility | |
|---|---|
| IRES Average Weekly Movement | 2.9% |
| Residential REITs Industry Average Movement | 2.9% |
| Market Average Movement | 3.5% |
| 10% most volatile stocks in IE Market | 5.7% |
| 10% least volatile stocks in IE Market | 2.8% |
Stable Share Price: IRES has not had significant price volatility in the past 3 months.
Volatility Over Time: IRES's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 95 | Margaret Sweeney | 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 | €536.99m |
| Earnings (TTM) | -€116.01m |
| Revenue (TTM) | €87.85m |
6.1x
P/S Ratio-4.6x
P/E RatioIs IRES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IRES 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 Margin | 77.30% |
| Net Profit Margin | -132.05% |
| Debt/Equity Ratio | 81.7% |
How did IRES perform over the long term?
See historical performance and comparison