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IRS

IRSA Inversiones y Representaciones Sociedad Anónima

https://www.irsa.com.ar

Industry

Conglomerates

IRSA Inversiones y Representaciones Sociedad Anónima engages in the diversified real estate activities in Argentina. 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. It also develops and sells residential properties; acquires and operates luxury hotels; and acquires undeveloped land reserves for future development or sale. The company was incorporated in 1943 and is headquartered in Buenos Aires, Argentina. IRSA Inversiones y Representaciones Sociedad Anónima is a subsidiary of Cresud Sociedad Anónima Comercial.

Open

15.65

Mkt cap

1.4B

Volume

161K

High

15.97

P/E Ratio

-40.59

52-wk high

16.07

Low

15.11

Div yield

0.00

52-wk low

7.06

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Portfolio Pulse from Lisa Levin

November 27, 2023 | 6:41 pm

Ituran Location and Control Ltd. (NASDAQ:ITRN) reported Q3 earnings of 63 cents per share, up from 49 cents in the year-ago period, with sales rising 12% to $81.05 million. The stock rose 11.3% to $27.69. Other stocks also moved higher, including Affirm Holdings, IRSA Inversiones, EHang Holdings, Xenon Pharmaceuticals, Applied Optoelectronics, Corporación América Airports, Global-e Online, Telecom Argentina, Grupo Financiero Galicia, DRDGOLD, Roku, Crown Castle after an activist fund's stake, Teva Pharmaceutical following an UBS upgrade, and Shopify after announcing record Black Friday sales.

Portfolio Pulse from Lisa Levin

November 27, 2023 | 3:17 pm

FLJ Group Limited's stock soared by 96.4% after announcing an agreement to acquire Alpha Mind Technology. Other stocks also saw significant movements in Friday's mid-day session, with Versus Systems Inc. leading the gainers after a strategic investment from Cronus Equity Capital Group. iRobot Corporation's stock rose due to Amazon's proposed acquisition nearing EU antitrust approval. iClick Interactive Asia Group Limited climbed after a merger deal. On the losers' side, LQR House Inc. dropped after receiving a Nasdaq delisting determination, and Impel Pharmaceuticals Inc. dipped following a recent surge.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 5:21 pm

Benzinga Insights has identified five notable value stocks in the real estate sector based on their low P/E multiples. These include Transcontinental Realty (TCI), Franklin BSP Realty Trust (FBRT), IRSA Inversiones y (IRS), Forestar Group (FOR), and Rithm Capital (RITM). Recent earnings reports show increases in earnings per share for most of these companies, with changes in dividend yields also noted.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:39 pm

IRSA's Board of Directors has called a shareholders' meeting on September 5, 2023, to discuss the distribution of a dividend amounting to ARS 64,000 million among other points.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 7:10 pm

IRSA has announced its FY23 results, recording a profit of ARS 58,094 million, 22.8% lower than FY22. Rental adjusted EBITDA increased by 24.9% driven by the Shopping Centers and Hotels segments. Mall tenant sales grew by 16.0% and occupancy reached 97.4%. The company sold properties for a total of USD 163.7 million and reduced net debt by 67% since 2020. Dividends were distributed twice this fiscal year for a total of USD 124.1 million and the company repurchased 1.7% of its capital stock.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 7:07 pm

The article discusses value stocks in the real estate sector, highlighting five companies: Seven Hills Realty Trust, Landsea Homes, Franklin BSP Realty Trust, IRSA Inversiones y, and Ready Capital. These companies have been identified as undervalued based on their low P/E multiples. The article also provides Q2 earnings per share and dividend yield data for these companies.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:39 pm

The article identifies five value stocks in the real estate sector: Ready Capital (NYSE:RC), Chicago Atlantic Real (NASDAQ:REFI), RMR Gr (NASDAQ:RMR), IRSA Inversiones y (NYSE:IRS), and Sotherly Hotels (NASDAQ:SOHO). These companies are considered undervalued based on their low P/E multiples. The article also provides updates on each company's earnings per share and dividend yield.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:39 pm

In 2023, three country ETFs outperformed the S&P 500 and Nasdaq 100, offering beneficial diversification for U.S.-based investors. The top performers were iShares MSCI Poland ETF (NYSE:EPOL), iShares MSCI Mexico ETF (NYSE:EWW), Global X MSCI Greece ETF (NYSE:GREK), Global X MSCI Argentina ETF (NYSE:ARGT), and Global X MSCI Nigeria ETF (NYSE:NGE). These ETFs track the performance of their respective country's stock market and are not currency hedged, exposing them to local currency fluctuations.

Portfolio Pulse from Piero Cingari

June 27, 2023 | 4:32 pm

Benzinga Insights has compiled a list of value stocks in the real estate sector, including Tricon Residential (TCN), American Realty Investors (ARL), Chicago Atlantic Real (REFI), IRSA Inversiones y (IRS), and Ladder Cap (LADR). These stocks have low P/E multiples, indicating they may be undervalued.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 2:49 pm

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