Last $10.69 USD
Change Today +0.14 / 1.33%
Volume 383.9K
IRC On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 6:40 PM 11/24/14 All times are local (Market data is delayed by at least 15 minutes).

inland real estate corp (IRC) Snapshot

Open
$10.55
Previous Close
$10.55
Day High
$10.69
Day Low
$10.53
52 Week High
11/26/13 - $11.08
52 Week Low
09/26/14 - $9.85
Market Cap
1.1B
Average Volume 10 Days
257.9K
EPS TTM
$0.27
Shares Outstanding
100.1M
EX-Date
11/26/14
P/E TM
39.1x
Dividend
$0.57
Dividend Yield
5.33%
Current Stock Chart for INLAND REAL ESTATE CORP (IRC)

inland real estate corp (IRC) Related Bloomberg News

View More Bloomberg News

inland real estate corp (IRC) Related Businessweek News

No Related Businessweek News Found

inland real estate corp (IRC) Details

Inland Real Estate Corporation, a real estate investment trust (REIT), engages in the ownership, operation, and development of shopping centers and single-tenant retail properties in the Midwest region of the United States. As of December 31, 2007, the company owned interests in 152 investment properties, comprising 70 neighborhood retail centers totaling approximately 4,397,000 gross leasable square feet; 20 community centers totaling approximately 3,007,000 gross leasable square feet; 28 power centers totaling approximately 4,622,000 gross leasable square feet; 1 lifestyle center totaling approximately 562,000 gross leasable square feet; and 33 single-user properties totaling approximately 2,139,000 gross leasable square feet. Inland Real Estate Corporation has elected to be taxed as a REIT under the Internal Revenue Code and would not be subject to federal income tax to the extent it distributes at least 90% of its REIT taxable income to stockholders. The company was formed in 1994 and is based in Oak Brook, Illinois.

129 Employees
Last Reported Date: 02/28/14
Founded in 1994

inland real estate corp (IRC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $570.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $420.0K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $410.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $315.0K
Senior Vice President of Transactions
Total Annual Compensation: $305.0K
Compensation as of Fiscal Year 2013.

inland real estate corp (IRC) Key Developments

Inland Real Estate Corporation Declares December 2014 Cash Dividend to Common Stockholders, Payable on December 17, 2014

Inland Real Estate Corporation has declared a cash distribution of $0.0475 per share on the outstanding shares of its common stock, payable on December 17, 2014, to common stockholders of record at the close of business on December 1, 2014.

Inland Real Estate Corporation Declares December Cash Dividend to Preferred Stockholders, Payable on December 15, 2014

Inland Real Estate Corporation announced that it has declared a cash dividend of $0.169271 per share on the outstanding shares of its 8.125% Series A Cumulative Redeemable Preferred Stock, payable on December 15, 2014, to holders of record of Series A Preferred Stock at the close of business on December 1, 2014. The company also has declared a cash dividend of $0.144791667 per share on the outstanding shares of its 6.95% Series B Cumulative Redeemable Preferred Stock, payable on December 15, 2014, to holders of record of Series B Preferred Stock at the close of business on December 1, 2014.

Inland Real Estate Corporation Announces Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Funds Flow Guidance for the Year 2014

Inland Real Estate Corporation announced unaudited consolidated financial and operational results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $48,210,000 against $50,567,000 a year ago. Operating income was $10,042,000 against $9,953,000 a year ago. Income from continuing operations was $4,535,000 or $0.02 per basic and diluted share against $4,223,000 or $0.02 per basic and diluted share a year ago. Net income attributable to common shareholders was $2,342,000 or $0.02 per basic and diluted share against $3,487,000 or $0.03 per diluted share a year ago. FFO attributable to common stockholders was $23,927,000 or $0.24 per basic and diluted share against $27,079,000 or $0.27 per basic and diluted share a year ago. Recurring FFO attributable to common stockholders was $23,792,000 or $0.24 per basic and diluted share against $23,922,000 or $0.24 per basic and diluted share a year ago. EBITDA was $37,325,000 against $40,141,000 a year ago. Recurring EBITDA was $37,190,000 against $38,005,000 a year ago. For the nine months, the company reported total revenues of $154,124,000 against $130,769,000 a year ago. Operating income was $28,124,000 against $26,476,000 a year ago. Income from continuing operations was $32,056,000 or $0.25 per basic and diluted share against $108,046,000 or $1.08 per basic and diluted share a year ago. Net income attributable to common shareholders was $25,944,000 or $0.26 per basic and diluted share against $109,853,000 or $1.17 per basic and diluted share a year ago. FFO attributable to common stockholders was $69,974,000 or $0.70 per basic and diluted share against $72,215,000 or $0.77 per basic and diluted share a year ago. Recurring FFO attributable to common stockholders was $69,747,000 or $0.70 per basic and diluted share against $63,250,000 or $0.67 per basic and diluted share a year ago. EBITDA was $109,914,000 against $113,457,000 a year ago. Recurring EBITDA was $109,909,000 against $106,068,000 a year ago. For the fiscal year 2014, the company continues to expect recurring FFO per common share (basic and diluted) to range from $0.93 to $0.97.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IRC:US $10.69 USD +0.14

IRC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Acadia Realty Trust $31.55 USD +0.12
American Assets Trust Inc $38.54 USD +0.15
Ramco-Gershenson Properties Trust $17.72 USD +0.13
Retail Opportunity Investments Corp $16.39 USD +0.19
Saul Centers Inc $54.64 USD +0.59
View Industry Companies
 

Industry Analysis

IRC

Industry Average

Valuation IRC Industry Range
No financial data is available for IRC.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact INLAND REAL ESTATE CORP, please visit www.inlandrealestate.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.