IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) to Issue $1.02 — Dividend

Posted by Frank Smitson on Nov 23rd, 2024

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS – Get Free Report) declared a — dividend on Friday, November 15th,NASDAQ Dividends reports. Investors of record on Monday, November 25th will be paid a dividend of 1.0183 per share by the financial services provider on Tuesday, December 3rd. The ex-dividend date of this dividend is Monday, November 25th.

IRSA Inversiones y Representaciones Sociedad Anónima Trading Down 3.2 %

Shares of NYSE IRS opened at $15.77 on Friday. The company has a 50 day simple moving average of $12.87 and a 200 day simple moving average of $10.99. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.16. IRSA Inversiones y Representaciones Sociedad Anónima has a 1 year low of $7.32 and a 1 year high of $16.76.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS – Get Free Report) last released its earnings results on Tuesday, September 3rd. The financial services provider reported $1.31 earnings per share for the quarter. The business had revenue of $129.87 million during the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a negative net margin of 79.31% and a positive return on equity of 8.24%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. StockNews.com downgraded shares of IRSA Inversiones y Representaciones Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Jefferies Financial Group raised shares of IRSA Inversiones y Representaciones Sociedad Anónima from a “hold” rating to a “buy” rating and increased their target price for the company from $10.50 to $13.00 in a research report on Wednesday, August 14th.

Read Our Latest Analysis on IRS

IRSA Inversiones y Representaciones Sociedad Anónima Company Profile

(Get Free Report)

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.