IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Posts Quarterly Earnings Results

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRSGet Free Report) posted its earnings results on Friday. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, Zacks reports. IRSA Inversiones y Representaciones Sociedad Anónima had a negative net margin of 79.31% and a positive return on equity of 8.91%.

IRSA Inversiones y Representaciones Sociedad Anónima Price Performance

Shares of IRSA Inversiones y Representaciones Sociedad Anónima stock traded down $0.86 on Friday, hitting $13.24. 292,351 shares of the company were exchanged, compared to its average volume of 192,643. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $15.67 and a 200 day moving average price of $13.20. The stock has a market capitalization of $990.75 million, a price-to-earnings ratio of -2.99 and a beta of 1.35. IRSA Inversiones y Representaciones Sociedad Anónima has a 1-year low of $7.10 and a 1-year high of $17.67.

IRSA Inversiones y Representaciones Sociedad Anónima Increases Dividend

The firm also recently disclosed a — dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 29th were issued a $3.60 dividend. This is an increase from IRSA Inversiones y Representaciones Sociedad Anónima’s previous — dividend of $1.02. The ex-dividend date was Friday, November 29th. IRSA Inversiones y Representaciones Sociedad Anónima’s dividend payout ratio is presently -21.53%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered IRSA Inversiones y Representaciones Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Friday, November 8th.

View Our Latest Report on IRSA Inversiones y Representaciones Sociedad Anónima

About IRSA Inversiones y Representaciones Sociedad Anónima

(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.

Featured Articles

Earnings History for IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS)

Receive News & Ratings for IRSA Inversiones y Representaciones Sociedad Anónima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IRSA Inversiones y Representaciones Sociedad Anónima and related companies with MarketBeat.com's FREE daily email newsletter.