Inland Real Estate Income Trust, Inc. was established on August 24, 2011, with the objective of acquiring and managing commercial real estate properties situated throughout the United States. Its primary strategy centers on owning retail assets, specifically aiming for a portfolio composed entirely of grocery-anchored properties. While primarily focused on retail, the company has engaged in joint ventures previously and may continue to pursue these, or other real estate acquisitions, if management determines their prospective returns surpass those achievable from retail properties. Additionally, it has the flexibility to invest in equity securities related to real estate, encompassing both publicly traded and private firms, alongside commercial mortgage-backed securities. Notably, the company operates without any direct employees. Its operations are overseen by IREIT Business Manager & Advisor, Inc., referred to as the "Business Manager," an entity that is an indirect, wholly-owned subsidiary of Inland Real Estate Investment Corporation (the "Sponsor"), in accordance with a formal Business Management Agreement.
What is Inland Real Estate Income Tr stock price today?▼
The current price of INRE is $10.45 USD — it has decreased by -2.5% in the past 24 hours. Watch Inland Real Estate Income Tr stock price performance more closely on the chart.
What is Inland Real Estate Income Tr stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange Inland Real Estate Income Tr stocks are traded under the ticker INRE.
What were Inland Real Estate Income Tr earnings last quarter?▼
INRE earnings for the last quarter are -0.02 USD per share, whereas the estimation was 0 USD resulting in a -∞% surprise. The estimated earnings for the next quarter are N/A USD per share.
What is Inland Real Estate Income Tr revenue for the last year?▼
Inland Real Estate Income Tr revenue for the last year amounts to 89.14M USD.
What is Inland Real Estate Income Tr net income for the last year?▼
INRE net income for the last year is -10.39M USD.
Does Inland Real Estate Income Tr pay dividends?▼
Yes, INRE dividends are paid quarterly. The last dividend per share was 0.14 USD. As of today, Dividend Yield (FWD)% is 5.19%.
In which sector is Inland Real Estate Income Tr located?▼
Inland Real Estate Income Tr operates in the Real Estate sector.
When did Inland Real Estate Income Tr complete a stock split?▼
The last stock split for Inland Real Estate Income Tr was on January 12, 2006 with a ratio of 1:30.
Where is Inland Real Estate Income Tr headquartered?▼
Inland Real Estate Income Tr is headquartered in Oak Brook, United States.