Investors Real Estate Trust chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 16.87
Dividend & Yield2.92$ (4.72%)
Beta 0.98
Market capitalization 1.01B
Operating cash flow 91.99M
ESG Scores unknown

Company description

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of June 30, 2021, Centerspace owned 62 apartment communities consisting of 11,579 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2021 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.

Sector: Real Estate - Industry: REIT—Residential

Financial Ratios
Quick Ratio0.89
Working Capital-0.09
Return On Equity0
Debt To Equity1.26
Fixed Asset Ratio0
Fixed Interest Cover0.16

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 1.93M 1.06M 15.75M 650k
Total Cashflows From Investing Activities 7.01M -164.97M -267.23M -160.09M
Net Borrowings -386k 69.37M 113.12M 108.07M
Total Cash From Financing Activities -49.77M 64.93M 214.51M 41.37M
Change To Operating Activities 1.08M -4.82M -5.4M -645k
Issuance Of Stock 22.02M 58.85M 156.04M 31.44M
Net Income 79.21M 5.08M 611k -13.47M
Change In Cash 26.86M -38.81M 31.32M -26.73M
Effect Of Exchange Rate
Total Cash From Operating Activities 69.62M 61.23M 84.03M 91.99M
Depreciation 75.41M 76.6M 93.11M 106.21M
Change To Account Receivables
Other Cashflows From Financing Activities -13.29M -15.45M -9.09M -17.55M
Change To Netincome -88M -16.69M -20.04M -753k
Capital Expenditures

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 84.82M 4.74M -2.1M -17.64M
Net Income 79.21M 5.08M 611k -13.47M
Selling General Administrative 14.45M 13.44M 16.21M 17.52M
Gross Profit 101.25M 99.03M 112.3M 138.18M
Ebit 12.53M 10M 3.92M 15.41M
Operating Income 12.53M 10M 3.92M 15.41M
Interest Expense -30.54M -29.1M -29.08M -32.75M
Income Tax Expense
Total Revenue 185.75M 177.99M 201.71M 256.72M
Cost Of Revenue 84.5M 78.96M 89.41M 118.53M
Total Other Income ExpenseNet 72.29M -5.26M -6.02M -33.05M
Net Income From Continuing Ops 84.82M 4.74M -2.1M -17.64M
Net Income Applicable To Common Shares 71.85M -1.79M -6.46M -20.54M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 695.96M 774.8M 918.45M 1.07B
Total Stockholder Equity 519.6M 524.68M 678.5M 636.01M
Other Current Liabilities
Total Assets 1.39B 1.46B 1.94B 2.03B
Common Stock 917.4M 968.26M 1.16B 1.18B
Other Current Assets 24.4M 12.62M 17.05M 9.91M
Retained Earnings
Treasury Stock -397.8M -443.59M -478.75M -541.48M
Cash 26.58M 392k 31.27M 10.46M
Total Current Liabilities 47.16M 55.61M 62.4M 58.81M
Other Stockholder Equity -397.8M -443.59M -478.75M -541.48M
Property, Plant, and Equipment 1.3B 1.42B 1.83B 2B
Total Current Assets 68.48M 20.2M 55.54M 27.01M
Net Tangible Assets 517.3M 522.54M 670.27M 633.03M
Net Receivables 17.5M 7.19M 7.22M 6.64M
Accounts Payable 39.55M 39.7M 56.7M 58.81M


Insider Transactions

Here are the insider transactions of stock shares related to Investors Real Estate Trust:

Filer Name Transaction Text Ownership Date Filer Relation Shares
DECKER MARK OKEY JRD2022-12-30Chief Executive Officer1.65k
PATEL BHAIRAVD2022-12-30Chief Financial Officer676
OLSON ANNE MD2022-12-30Chief Operating Officer913
SCHISSEL JOHN APurchase at price 68.00 per share.D2022-09-26Director225
TWINEM MARY JPurchase at price 82.48 per share.D2022-06-01Director900
SCHISSEL JOHN AD2022-05-26Director216
HALL LINDA JD2022-05-18Director887
NAGLE- GREEN EMILY KD2022-05-18Director887
CAIRA JEFFREY PD2022-05-18Director887
TWINEM MARY JD2022-05-18Director887
DANCE MICHAEL TD2022-05-18Director887
SCHISSEL JOHN AD2022-05-18Director887
JONES-TYSON RODNEYPurchase at price 84.82 per share.D2022-05-16Director595
SCHISSEL JOHN APurchase at price 80.71 - 83.44 per share.D2022-05-06Director300
DANCE MICHAEL TPurchase at price 82.00 per share.D2022-05-05Director1k
DECKER MARK OKEY JRD2022-03-11Chief Executive Officer1.38k
OLSON ANNE MD2022-03-11Chief Operating Officer662
KIRCHMANN JOHN AD2022-03-11Officer478
DECKER MARK OKEY JRD2022-03-08Chief Executive Officer877
OLSON ANNE MD2022-03-08Chief Operating Officer560
KIRCHMANN JOHN AD2022-03-08Officer404
DECKER MARK OKEY JRStock Award(Grant) at price 0.00 per share.D2022-01-27Chief Executive Officer10.51k
OLSON ANNE MStock Award(Grant) at price 0.00 per share.D2022-01-27Chief Operating Officer6.71k
KIRCHMANN JOHN AStock Award(Grant) at price 0.00 per share.D2022-01-27Officer4.85k
DECKER MARK OKEY JRD2021-12-31Chief Executive Officer991
OLSON ANNE MD2021-12-31Chief Operating Officer539
KIRCHMANN JOHN AD2021-12-31Chief Financial Officer304
CAIRA JEFFREY PD2021-12-09Director417
DECKER MARK OKEY JRStock Award(Grant) at price 0.00 per share.D2021-05-26Chief Executive Officer8.53k
OLSON ANNE MStock Award(Grant) at price 0.00 per share.D2021-05-26Chief Operating Officer6.92k
KIRCHMANN JOHN AStock Award(Grant) at price 0.00 per share.D2021-05-26Chief Financial Officer4.37k
HALL LINDA JD2021-05-19Director1.06k
NAGLE- GREEN EMILY KD2021-05-19Director1.06k
CAIRA JEFFREY PD2021-05-19Director1.94k
TWINEM MARY JD2021-05-19Director1.06k
DANCE MICHAEL TD2021-05-19Director1.06k
SCHISSEL JOHN AD2021-05-19Director1.06k
MAXWELL TERRANCE PD2021-05-18Director1.06k
DECKER MARK OKEY JRD2021-04-30Chief Executive Officer878
OLSON ANNE MD2021-04-30Chief Operating Officer712
KIRCHMANN JOHN AD2021-04-30Chief Financial Officer449
DECKER MARK OKEY JRD2021-03-12Chief Executive Officer1.38k
OLSON ANNE MD2021-03-12Chief Operating Officer662
KIRCHMANN JOHN AD2021-03-12Chief Financial Officer478
DECKER MARK OKEY JRD2021-03-08Chief Executive Officer876
OLSON ANNE MD2021-03-08Chief Operating Officer559
KIRCHMANN JOHN AD2021-03-08Chief Financial Officer404
DECKER MARK OKEY JRPurchase at price 62.73 per share.D2020-09-24Chief Executive Officer500
HALL LINDA JD2020-06-12Director1.01k
NAGLE- GREEN EMILY KD2020-06-12Director1.01k
CAIRA JEFFREY PD2020-06-12Director1.44k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Investors Real Estate Trust. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Investors Real Estate Trust

Here is the result of two systematic investment strategies applied to Investors Real Estate Trust. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Investors Real Estate Trust

The following chart shows the equity curve of the two systematic investment strategies applied to Investors Real Estate Trust:

Investors Real Estate Trust automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 1109.5% on the backtest period.

Performance at glance

Performance

1109.5 %

Latent gain

21969.03 $

Invested capital

1980.09 $

Annualized return

270.61 %
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Momentum strategy results on Investors Real Estate Trust

This is the result of two momentum investment strategies applied to Investors Real Estate Trust. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Investors Real Estate Trust

The following chart shows all the entries opened by the momentum investment system on Investors Real Estate Trust:

Investors Real Estate Trust momentum entries
  • The first momentum investment strategy would give 1443.48% of return on Investors Real Estate Trust. That represents 84239.96$ of latent gain with 5835.88$ of employed capital.
  • The second momentum investment strategy would give 1843.42% of return on Investors Real Estate Trust. That represents 54814.63$ of latent gain with 2973.53$ of employed capital.
Performance at glance (1Q Momentum)

Performance

1443.48 %

Latent gain

84239.96 $

Invested capital

5835.88 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

1843.42 %

Latent gain

54814.63 $

Invested capital

2973.53 $

Annualized return

509.23 %

Momentum equity curve on Investors Real Estate Trust

The following chart shows the equity curve of the two momentum strategies applied to Investors Real Estate Trust:

Investors Real Estate Trust momentum equity

Note: the dividends potentially given by Investors Real Estate Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Investors Real Estate Trust

The following chart shows the employed capital evolution of the two momentum strategies on Investors Real Estate Trust since the beginning:

Investors Real Estate Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Investors Real Estate Trust

Buy the dip entry openings on Investors Real Estate Trust

Investors Real Estate Trust

The performance achieved by the robo-advisor on Investors Real Estate Trust is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Investors Real Estate Trust stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Investors Real Estate Trust, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Investors Real Estate Trust

The following chart shows the result of the investment strategy applied to Investors Real Estate Trust:

Investors Real Estate Trust

Note: the dividends potentially given by Investors Real Estate Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Investors Real Estate Trust

The following chart shows the employed capital evolution since the beginning of the investment strategy on Investors Real Estate Trust:

Investors Real Estate Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Investors Real Estate Trust

In this section, I will compare the three previous investment strategies applied to Investors Real Estate Trust.

Equity curve comparison on Investors Real Estate Trust

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Investors Real Estate Trust investment strategy comparison

Employed capital comparison on Investors Real Estate Trust

Investors Real Estate Trust investment comparison

Performance comparison on Investors Real Estate Trust

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 1109.5% 21969.03$ 1980.09$ 270.61%
Momentum 1 quarter 1443.48% 84239.96$ 5835.88$ 373.96%
Momentum 2 quarters 1843.42% 54814.63$ 2973.53$ 509.23%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

270.61 %

Momentum 1Q

509.23 %

Momentum 2Q

509.23 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Investors Real Estate Trust:

Positive correlations

Most correlated stocks this year

  • Centerspace

  • Most correlated stocks last 3 months

  • Centerspace
  • 1SPATIAL PLC ORD 10P
  • Hennessy Advisors Inc
  • MOBILEZONE N
  • Star Bulk Carriers Corp
  • Principal Real Estate Income Fund

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • VILMORIN & CIE
  • HTSC

  • Note: The algorithm computes the probability of correlation between Investors Real Estate Trust and the other stocks. There may be false positives or some missing correlated stocks. If the price of Investors Real Estate Trust does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Investors Real Estate Trust
    Country United States
    City Minot
    Address 3100 10th Street SW
    Phone 701-837-4738
    Website www.centerspacehomes.com
    FullTime employees 421
    Industry REIT—Residential
    Sector Real Estate
    Exchange XNYS
    Ticker CSR
    Market www.nyse.com

    Investors Real Estate Trust ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown