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IRES REIT Share Price – Latest Data and Analyst Views

James Harry Bennett Sutton • 2026-04-12 • Reviewed by Oliver Bennett

IRES REIT, Ireland’s largest residential real estate investment trust, has drawn significant attention from investors seeking exposure to the country’s rental housing market. Trading on Euronext Dublin under the ticker IRES, the company operates a portfolio of modern, energy-efficient apartments across Dublin and other urban centres. This overview covers the latest share price data, key financial metrics, analyst perspectives, and the broader context shaping current market sentiment.

The trust’s shares have experienced notable volatility over recent years, reflecting broader pressures facing real estate investment trusts in a rising interest rate environment. For investors evaluating IRES REIT as a potential addition to their portfolio, understanding both the current pricing dynamics and the underlying business fundamentals is essential.

What Is the Current IRES REIT Share Price?

As of the most recent available data from April 11, 2026, IRES REIT shares trade at approximately 1.040 EUR on Euronext Dublin, representing a modest intraday gain of 0.19 percent. The stock has oscillated between 1.03 EUR and 1.05 EUR during the trading session, indicating relatively tight daily ranges.

Price Data Notice

Share prices shown reflect delayed market data. Real-time quotes are available through Euronext Dublin and financial data platforms such as TradingView and Davy.

Overview Grid: IRES REIT at a Glance

Current Price
1.040 EUR

Intraday Change
+0.19%

52-Week Range
0.803 EUR – 1.40 EUR

Dividend Yield
4.21% – 4.69%

Key Insights on IRES REIT Share Price

  • The current price of 1.040 EUR sits well below the all-time high of 1.834 EUR recorded on December 9, 2019.
  • The 52-week low of 0.803 EUR was reached on November 21, 2024, marking the most recent historical bottom.
  • Year-to-date performance shows an 8.11 percent increase, though monthly and weekly readings remain in negative territory at -2.70 percent and -2.41 percent respectively.
  • Market capitalisation stands between 510 million and 569 million EUR, having declined by approximately 1.11 percent over the preceding week.
  • The stock exhibits low volatility with a beta of 0.09, suggesting limited sensitivity to broader market swings compared to sector peers.
  • Analyst consensus targets range from 1.30 EUR to 1.60 EUR, implying potential upside of around 25.7 percent from current levels.

IRES REIT Financial Snapshot

Metric Value
Market Capitalisation €510–€569 million
P/E Ratio (TTM) 16.90x (sector average: 19.0x)
EPS (TTM) €0.057
Price/Book Ratio 0.8x
Shares in Float 449.47 million
Revenue (Full Year) €93.78 million

How Has IRES REIT Share Price Performed Recently?

Recent trading activity reveals a stock that has struggled to gain sustained upward momentum despite some recovery from its 2024 lows. The share price hit its all-time low of 0.803 EUR in late November 2024, a significant decline from the 1.834 EUR peak achieved in late 2019. Since then, modest recovery has lifted the price back above the 1.00 EUR threshold, though progress has been uneven.

What Drives Short-Term Price Movements?

Several factors influence day-to-day and week-to-week movements in IRES REIT’s share price. Interest rate expectations remain a primary driver for real estate investment trusts broadly, as higher rates increase borrowing costs and can compress valuation multiples. Additionally, tenant demand, occupancy rates, and rental income stability all affect investor sentiment toward the trust’s underlying operations.

Recent Corporate Developments

In March 2026, the company announced the appointment of Gary Britton and Shruthi Chindalur as independent non-executive directors. Joan Garahy’s retirement was confirmed for the 2026 Annual General Meeting, representing a transition in board composition that investors may wish to monitor.

Trading volume data indicates moderate liquidity in the stock, with the 449.47 million shares in public float providing reasonable accessibility for institutional and retail investors alike. The low beta reading of 0.09 suggests that IRES REIT shares tend to move less dramatically than the broader equity market, offering a degree of stability that may appeal to income-focused investors.

What Are Key Financial Metrics for IRES REIT?

IRES REIT’s financial profile reflects the operational realities of Ireland’s residential rental market. Full-year revenue reached €93.78 million, while net income turned negative at -€6.68 million, indicating that operating costs and financing expenses have weighed on profitability. The negative net income figure warrants attention when evaluating the trust’s earnings quality and dividend sustainability.

Dividend Profile

The trust maintains a dividend distribution policy aligned with REIT requirements, returning a portion of rental income to shareholders. The indicated dividend yield of 4.69 percent, or approximately 4.21 percent based on trailing calculations, positions IRES REIT competitively against other income-generating instruments. The rolling twelve-month net dividend stands at 0.03 EUR per share, with an ex-dividend date of February 27, 2026 and a payment date of March 27, 2026.

Dividend Timing

Investors purchasing shares after the February 27, 2026 ex-dividend date will not receive the March 27, 2026 dividend payment. Settlement dates may vary depending on brokerage account settings.

Valuation Comparison

Trading at a P/E ratio of 16.90 times trailing twelve-month earnings, IRES REIT trades at a discount to the REIT sector average of 19.0 times. The price-to-book ratio of 0.8 times suggests the market values the company’s assets below their reported book value, a common dynamic for REITs during periods of rising cap rates and uncertainty about property valuations. The price-to-sales ratio of 6.3 times falls below the sector average of 7.1 times, indicating potential relative value for investors willing to accept the associated risks.

What Do Analysts Say About IRES REIT?

Analyst coverage of IRES REIT provides additional perspective on the investment case. Consensus price targets range from 1.30 EUR at the low end to 1.60 EUR at the high end, representing meaningful upside potential from the current price of approximately 1.040 EUR. This suggests that professional analysts, on balance, view the shares as undervalued relative to fair value estimates.

Investment Considerations

Those interested in purchasing IRES REIT shares can do so through any brokerage offering access to Euronext Dublin-listed securities. The process mirrors purchasing any other publicly traded equity, though investors should consider currency conversion costs if trading from outside the eurozone. It is advisable to compare brokerage fees, as some platforms charge higher commissions for international listings.

For those seeking to understand the broader context of Ireland’s rental market and how it influences REIT performance, examining local housing dynamics provides valuable background. The Houses for Rent Dublin – Prices, Areas, Sites & 2025 Guide offers detailed insights into rental conditions across Dublin’s neighbourhoods.

IRES REIT operates in a distinctive niche within Ireland’s property landscape. As detailed in the Latroupe Jacobs Inn Dublin – Complete Venue and Bar Guide, Dublin’s accommodation sector reflects broader urbanisation trends that underpin demand for residential rentals managed by trusts like IRES.

IRES REIT Share Price Timeline

Understanding the historical trajectory of IRES REIT’s share price helps contextualise current valuations and future expectations.

  1. December 9, 2019 — Shares reach all-time high of 1.834 EUR during a period of optimism surrounding Ireland’s residential property market.
  2. November 21, 2024 — Stock records all-time low of 0.803 EUR amid interest rate pressures and broader REIT sector weakness.
  3. Early 2026 — Gradual recovery lifts price above 1.00 EUR, with trading consolidating in the 1.03–1.05 EUR range.
  4. February 19, 2026 — Scheduled earnings report release with half-year EPS of 0.03 EUR, meeting estimates despite a -6.67 percent surprise.
  5. February 27, 2026 — Ex-dividend date for latest distribution, with payment following on March 27, 2026.
  6. March 26, 2026 — Announcement of board appointments and retirement plans for the 2026 Annual General Meeting.
  7. April 11, 2026 — Current price of 1.040 EUR reflects continued stabilisation near the 1.00 EUR level.

Price Volatility and Key Risks

Investment in IRES REIT carries specific risks that prospective shareholders should evaluate carefully. Share prices in real estate investment trusts are inherently sensitive to interest rate movements, property valuation changes, and broader economic conditions affecting tenant affordability and demand.

Investment Risk Notice

Historical price data, analyst targets, and financial metrics reflect past performance and current conditions that may change. Dividend payments and earnings are not guaranteed and can be reduced or suspended by the board depending on financial performance and market circumstances.

Established Information Information That Remains Unclear
Current price: ~1.040 EUR Timing and magnitude of next major price catalyst
Dividend yield: 4.21–4.69% Whether future dividends will increase or decrease
Analyst targets: 1.30–1.60 EUR Specific factors that would unlock analyst upside scenarios
Revenue: €93.78 million Near-term occupancy rate changes
Net income: -€6.68 million Path to returning to profitability

Analysis: What Drives IRES REIT Price?

IRES REIT’s positioning as Ireland’s largest residential REIT creates both opportunities and vulnerabilities. The company’s focus on modern, energy-efficient apartments in Dublin and other urban centres aligns with structural demand drivers: population growth, housing supply constraints, and shifting preferences toward rental accommodation. These factors provide a defensive quality that income-focused investors often seek.

Conversely, the trust faces headwinds from elevated financing costs, regulatory scrutiny of rental practices, and the broader challenge of maintaining occupancy in a competitive market. The negative net income result highlights the pressure that interest expenses and operational costs exert on profitability, particularly during periods of market uncertainty.

Sources and Expert Commentary

The financial data presented in this overview draws from multiple authoritative sources. Market pricing information originates from TradingView, Davy, and Investing.com, which aggregate data from Euronext Dublin. Company background and corporate announcements are drawn from IRES REIT’s investor relations materials and regulatory filings.

IRES is Ireland’s largest residential real estate investment trust, focusing on owning and managing modern, energy-efficient rental apartments in Dublin and other urban areas. It benefits from long-term rental demand, favourable demographics, and housing supply constraints, offering defensive income.

— Company Overview, Capital.com and Irish Residential Properties REIT PLC

Investors seeking the most current pricing data should consult real-time market feeds from TradingView or Euronext Dublin directly, as share prices fluctuate continuously throughout trading sessions.

Summary

IRES REIT trades at approximately 1.040 EUR, representing a modest recovery from its November 2024 low while remaining significantly below historical highs. The trust offers a dividend yield in the region of 4.2 to 4.7 percent, and analyst consensus suggests meaningful upside potential toward 1.30–1.60 EUR. However, the company reported a net loss for the latest full year, and share price movements will likely remain tied to interest rate expectations, rental market conditions, and broader economic trends affecting the Irish property sector. For investors evaluating exposure to Ireland’s residential rental market, understanding both the defensive characteristics and operational challenges facing IRES REIT is essential for informed decision-making.

Frequently Asked Questions

What is the current IRES REIT share price?

As of April 11, 2026, IRES REIT shares trade at approximately 1.040 EUR on Euronext Dublin.

What dividend does IRES REIT pay?

The indicated dividend yield is approximately 4.69 percent, with a net dividend of 0.03 EUR per share for the trailing twelve months.

What is IRES REIT’s market capitalisation?

Market capitalisation stands between €510 million and €569 million, depending on the specific calculation date and data source.

Has IRES REIT been profitable recently?

Full-year net income was -€6.68 million, indicating a loss despite revenue of €93.78 million.

What is the analyst consensus for IRES REIT?

Analyst price targets range from 1.30 EUR to 1.60 EUR, implying potential upside of approximately 25.7 percent.

Where can I buy IRES REIT shares?

IRES REIT trades on Euronext Dublin and can be purchased through any brokerage offering access to Irish-listed securities.

What was IRES REIT’s all-time high and low?

The all-time high was 1.834 EUR on December 9, 2019, while the all-time low was 0.803 EUR on November 21, 2024.

When is the next IRES REIT earnings report?

The most recent report was released February 19, 2026, with the next scheduled release to be confirmed by the company.

James Harry Bennett Sutton

About the author

James Harry Bennett Sutton

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