Inland Real Estate Corp - SERIES B

(Preferred)
NEW
NYSE:IRC.PRB.PFD (USA)   6.95 % Cum Red Pfd Shs Series -B-
$ 25.11 (0%) 09:42 AM EST
Volume:
1.20K
Avg Vol (2M):
11.64K
Avg Vol (2M):
11.64K

Business Description

Inland Real Estate Corp

ISIN : US4574615070

Share Class Description:

IRC.PRB.PFD: 6.95 % Cum Red Pfd Shs Series -B-
Description
Inland Real Estate Corp was formed on May 12, 1994. It is a publicly held real estate investment trust ("REIT") that owns, operates and develops open-air neighborhood, community and power shopping centers and single-tenant retail properties located in Midwest markets. Approximately fifty-nine percent of its total retail portfolio gross leasable area is located in the Chicago Metropolitan Statistical Area, with its second largest market concentration being approximately seventeen 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. The Company competes with other real estate companies, and at its current investment properties, it competes with other owners of similar properties for tenants. 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.

Financial Strength

Name Current Vs Industry Vs History
Cash-To-Debt
0.01
Equity-to-Asset
0.38
Debt-to-Equity
1.46
Debt-to-EBITDA
7.43
Interest Coverage
0.98
Piotroski F-Score
5/9
0
1
2
3
4
5
6
7
8
9
Altman Z-Score
0.43
Distress
Grey
Safe
Beneish M-Score
-2.89
Manipulator
Not Manipulator

Momentum Rank

Name Current Vs Industry Vs History
6-1 Month Momentum %
-0.2
12-1 Month Momentum %
-2.38

Liquidity Ratio

Name Current Vs Industry Vs History
Current Ratio
0.66
Quick Ratio
0.66
Days Sales Outstanding
64.79

Dividend & Buy Back

Name Current Vs Industry Vs History
Dividend Yield %
6.92
Forward Dividend Yield %
6.92
5-Year Yield-on-Cost %
6.92
3-Year Average Share Buyback Ratio
-4

Profitability Rank

Name Current Vs Industry Vs History
Gross Margin %
85.61
Operating Margin %
14.14
Net Margin %
12.52
ROE %
1.6
ROA %
1.63
ROIC %
3.39
ROC (Joel Greenblatt) %
3.86
Years of Profitability over Past 10-Year
8
Moat Score
3
Tariff Resilience Score
8

GF Valueâ„¢

Inland Real Estate Corp Filings

Filing Date Document Date Form
No Filing Data

Inland Real Estate Corp Stock Events

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No Event Data

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Articles on Inland Real Estate Corp

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