Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
11.37 (1y: +38%)
Market Cap 1.05 B P/E(ttm) 59.50
Enterprise Value 1.87 B P/B 2.50
IRC- NYSE (USA)
Inland Real Estate Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$11.37
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.036
IRC's Cash to Debt is ranked lower than
56% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.06 vs. IRC: 0.036 )
IRC' s 10-Year Cash to Debt Range
Min: 0.02   Max: No Debt
Current: 0.04
Equity to Asset 0.296
IRC's Equity to Asset is ranked lower than
73% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.45 vs. IRC: 0.296 )
IRC' s 10-Year Equity to Asset Range
Min: 0.27   Max: 0.48
Current: 0.3
0.27
0.48
Interest Coverage 1
IRC's Interest Coverage is ranked lower than
72% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.05 vs. IRC: 1 )
IRC' s 10-Year Interest Coverage Range
Min: 1   Max: No Debt
Current: 1
F-Score: 5
Z-Score: 0.32
M-Score: -1.78
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 22.10
IRC's Operating margin (%) is ranked lower than
56% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: 29.40 vs. IRC: 22.10 )
IRC' s 10-Year Operating margin (%) Range
Min: -20.6   Max: 43.8
Current: 22.1
-20.6
43.8
Net-margin (%) 11.1
IRC's Net-margin (%) is ranked lower than
68% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: 16.30 vs. IRC: 11.1 )
IRC' s 10-Year Net-margin (%) Range
Min: -21.2   Max: 35.2
Current: 11.1
-21.2
35.2
ROE (%) 4.3
IRC's ROE (%) is ranked lower than
68% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.40 vs. IRC: 4.3 )
IRC' s 10-Year ROE (%) Range
Min: -6.8   Max: 12.1
Current: 4.3
-6.8
12.1
ROA (%) 1.4
IRC's ROA (%) is ranked lower than
72% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.00 vs. IRC: 1.4 )
IRC' s 10-Year ROA (%) Range
Min: -3.2   Max: 4.1
Current: 1.4
-3.2
4.1
ROC (Joel Greenblatt) (%) 3.70
IRC's ROC (Joel Greenblatt) (%) is ranked higher than
61% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.00 vs. IRC: 3.70 )
IRC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -3.4   Max: 8.3
Current: 3.7
-3.4
8.3
Revenue Growth (%) -4.8
IRC's Revenue Growth (%) is ranked lower than
401606% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: -4.95 vs. IRC: -4.8 )
IRC' s 10-Year Revenue Growth (%) Range
Min: -10.2   Max: 11.8
Current: -4.8
-10.2
11.8
EBITDA Growth (%) -3.6
IRC's EBITDA Growth (%) is ranked lower than
401606% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: -4.20 vs. IRC: -3.6 )
IRC' s 10-Year EBITDA Growth (%) Range
Min: -17.9   Max: 13.3
Current: -3.6
-17.9
13.3
EPS Growth (%) 2.4
IRC's EPS Growth (%) is ranked lower than
78% of the 249 Companies
in the Global REIT - Retail industry.

( Industry Median: -3.90 vs. IRC: 2.4 )
IRC' s 10-Year EPS Growth (%) Range
Min: -100   Max: 3.7
Current: 2.4
-100
3.7
ยป IRC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

IRC Guru Trades in Q2 2012

Jim Simons 102,600 sh (+334.75%)
» More
Q3 2012

IRC Guru Trades in Q3 2012

Jim Simons 138,300 sh (+34.8%)
» More
Q4 2012

IRC Guru Trades in Q4 2012

Jim Simons Sold Out
» More
Q1 2013

IRC Guru Trades in Q1 2013

John Burbank 10,988 sh (New)
» More
» Details

Insider Trades

Latest Guru Trades with IRC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Burbank 2013-03-31 New Buy$8.38 - $10.09 $ 11.3722%10988
George Soros 2011-09-30 Sold Out 0.0021%$6.86 - $9.31 $ 11.3739%0
George Soros 2011-06-30 New Buy$8.49 - $9.94 $ 11.3726%17000
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Inland Real Estate Corporation

Financial Sector Appears on Top, November Insider Activity
November 29, 2012
- Financial Sector Appears On Top, November Insider Activity
With a buy-to-sell ratio of 1.19, the financial sector experienced the highest insider trading activity compared to its fellow sectors in November, according to GuruFocus Insider Buys/Sells Screener (note: Telecom sector not included due to lack of proportion in representation). Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 59.50
IRC's P/E(ttm) is ranked lower than
371747% of the 269 Companies
in the Global REIT - Retail industry.

( Industry Median: 19.90 vs. IRC: 59.50 )
IRC' s 10-Year P/E(ttm) Range
Min: 0.07   Max: 610.63
Current: 59.5
0.07
610.63
P/B 2.50
IRC's P/B is ranked lower than
303951% of the 329 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.30 vs. IRC: 2.50 )
IRC' s 10-Year P/B Range
Min: 0.01   Max: 3.64
Current: 2.5
0.01
3.64
P/S 6.28
IRC's P/S is ranked lower than
294985% of the 339 Companies
in the Global REIT - Retail industry.

( Industry Median: 6.95 vs. IRC: 6.28 )
IRC' s 10-Year P/S Range
Min: 0.02   Max: 7.83
Current: 6.28
0.02
7.83
EV-to-EBIT 50
IRC's EV-to-EBIT is ranked lower than
323624% of the 309 Companies
in the Global REIT - Retail industry.

( Industry Median: 27.00 vs. IRC: 50 )
IRC' s 10-Year EV-to-EBIT Range
Min: 11.3   Max: 67.9
Current: 50
11.3
67.9
Shiller P/E 53.3
IRC's Shiller P/E is ranked lower than
100% of the Companies
in the Global REIT - Retail industry.

( Industry Median: vs. IRC: 53.3 )
IRC' s 10-Year Shiller P/E Range
Min: 8.87   Max: 55.57
Current: 53.3
8.87
55.57

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 5.01
IRC's Dividend Yield is ranked lower than
331125% of the 302 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.40 vs. IRC: 5.01 )
IRC' s 10-Year Dividend Yield Range
Min: 1.55   Max: 16.01
Current: 5.01
1.55
16.01
Dividend Payout 4.4169
IRC's Dividend Payout is ranked lower than
413223% of the 242 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.16 vs. IRC: 4.4169 )
IRC' s 10-Year Dividend Payout Range
Min: 0.64   Max: 6.76
Current: 4.42
0.64
6.76
Dividend growth (3y) -5.2
IRC's Dividend growth (3y) is ranked lower than
1162790% of the 86 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.70 vs. IRC: -5.2 )
IRC' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 19.8
Current: -5.2
0
19.8
Yield on cost (5-Year) 2.61
IRC's Yield on cost (5-Year) is ranked lower than
328947% of the 304 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.15 vs. IRC: 2.61 )
IRC' s 10-Year Yield on cost (5-Year) Range
Min: 0.81   Max: 8.35
Current: 2.61
0.81
8.35
Share Buyback Rate -3.2
IRC's Share Buyback Rate is ranked lower than
6249994% of the 16 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.50 vs. IRC: -3.2 )
IRC' s 10-Year Share Buyback Rate Range
Min: 0.4   Max: -7.6
Current: -3.2

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 103.4
IRC's Price/Net Current Asset Value is ranked lower than
847457% of the 118 Companies
in the Global REIT - Retail industry.

( Industry Median: 82.90 vs. IRC: 103.4 )
IRC' s 10-Year Price/Net Current Asset Value Range
Min: 2.2   Max: 98.5
Current: 103.4
2.2
98.5
Price/Tangible Book 2.8
IRC's Price/Tangible Book is ranked lower than
304878% of the 328 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.30 vs. IRC: 2.8 )
IRC' s 10-Year Price/Tangible Book Range
Min: 0.1   Max: 3.6
Current: 2.8
0.1
3.6
Price/Median PS Value 1.3
IRC's Price/Median PS Value is ranked lower than
313479% of the 319 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.30 vs. IRC: 1.3 )
IRC' s 10-Year Price/Median PS Value Range
Min: 0.1   Max: 1.5
Current: 1.3
0.1
1.5
Price/Graham Number 2.9
IRC's Price/Graham Number is ranked lower than
367647% of the 272 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.10 vs. IRC: 2.9 )
IRC' s 10-Year Price/Graham Number Range
Min: 0.1   Max: 2.7
Current: 2.9
0.1
2.7
Earnings Yield (Greenblatt) 2.00
IRC's Earnings Yield (Greenblatt) is ranked lower than
330033% of the 303 Companies
in the Global REIT - Retail industry.

( Industry Median: 3.70 vs. IRC: 2.00 )
IRC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.5   Max: 8.8
Current: 2
1.5
8.8
Forward Rate of Return (Yacktman) -19.93
IRC's Forward Rate of Return (Yacktman) is ranked lower than
1111110% of the 90 Companies
in the Global REIT - Retail industry.

( Industry Median: 7.24 vs. IRC: -19.93 )
IRC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -27.6   Max: 111.7
Current: -19.93
-27.6
111.7

Business Description

Inland Real Estate Corporation, a Maryland corporation, was formed on May 12, 1994. It is a publicly held real estate investment trust ("REIT") that owns, operates and develops (directly or through its unconsolidated entities) open-air neighborhood, community and power shopping centers and single-tenant retail properties located primarily in Midwest markets. Approximately sixty-five percent of its total retail portfolio (consolidated plus unconsolidated) gross leasable area ("GLA") is located in the Chicago Metropolitan Statistical Area ("MSA"), with its second largest market concentration being approximately eighteen percent in the Minneapolis-St. Paul MSA. Tenants at the Company's retail properties primarily provide "everyday" goods and services to consumers. The primary drivers of its internal income growth are rental rate increases over expiring rates on new and renewal leases and cost savings from operational efficiencies. The Company's business is competitive. It competes with other property owners on the basis of location, rental rates, operating expenses, visibility, quality of the property, volume of traffic, strength and name recognition of other tenants at each location and other factors. These competitive factors affect the level of occupancy and rental rates that it is able to achieve at its investment properties. In addition, the Company's tenants compete against other forms of retailing such as catalog companies and e-commerce websites that offer similar retail products. Inland Real Estate's properties are also subject to various federal, state and local regulatory requirements, such as state and local fire and life safety requirements.
Company Website
SEC Reports
Industry: REIT - Retail
Compare:GGP, AKR, CLP, RIOCF, BTLCY
ยป More Articles for IRC

Headlines

Articles On GuruFocus.com
7 High-Yield REITs to Consider Jan 05 2013 
Financial Sector Appears on Top, November Insider Activity Nov 29 2012 
The Best Dividends on March 29, 2012 Mar 28 2012 
Inland Real Estate Corp. Reports Operating Results (10-K) Feb 28 2011 
Inland Real Estate Corp. (IRC) CEO Mark E Zalatoris buys 1,004 Shares Nov 23 2010 
Inland Real Estate Corp. Reports Operating Results (10-Q) Nov 08 2010 
Inland Real Estate Corp. (IRC) CEO Mark E Zalatoris buys 1,000 Shares Aug 23 2010 
Inland Real Estate Corp. Reports Operating Results (10-Q) May 07 2010 
Inland Real Estate Corp. (IRC) CEO Mark E Zalatoris buys 1,000 Shares Jun 16 2009 
Inland Real Estate Corp. (IRC) CEO Mark E Zalatoris buys 1,000 Shares Mar 16 2009 


Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial