Irish Residential Properties REIT Plc (RSHPF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Irish Residential Properties REIT Plc (RSHPF) trades at $1.28. Irish Residential Properties REIT Plc (RSHPF) is an Irish Real Estate Investment Trust focused on high-quality, multi-unit residential properties, primarily in Dublin. Market cap: $673.91M, Sector: Real estate.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for RSHPF: RSHPF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates RSHPF against Real Estate peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
RSHPF: 1/1 perspectives are bearish.
How is this calculated? →Irish Residential Properties REIT Plc (RSHPF) Real Estate Portfolio & Strategy
Irish Residential Properties REIT Plc (RSHPF) is an Irish Real Estate Investment Trust specializing in acquiring and managing multi-unit residential properties, predominantly in Dublin and key urban areas. Leveraging CAPREIT's operational expertise, I-RES aims to consolidate Ireland's rental housing market by providing premium homes and enhancing tenant loyalty within a fragmented landscape.
What Is the Investment Thesis for RSHPF?
Irish Residential Properties REIT Plc (RSHPF) presents an investment profile centered on stable income generation and exposure to the robust Irish residential rental market. The company exhibits strong profitability with a Profit Margin of 57.6% and a Gross Margin of 77.5%, indicating efficient asset management and cost control. Its current dividend yield of 4.41% offers an attractive income component for investors. A key value driver is the persistent demand for rental accommodations, particularly in Dublin, which underpins occupancy rates and rental growth potential. Growth catalysts include I-RES's ongoing strategy to consolidate Ireland's fragmented rental housing market through strategic acquisitions of high-quality, multi-unit properties. The external management by CAPREIT subsidiaries provides a competitive advantage through established operational expertise, aiming to enhance tenant satisfaction and portfolio performance. However, potential risks include regulatory changes impacting rent control or property taxes, which could affect future earnings, and broader shifts in the Irish housing market. With a market capitalization of $673.91M and a P/E ratio of 11.7, RSHPF offers a specific exposure to a professionally managed residential property portfolio in a high-demand European capital.
Based on FMP financials and quantitative analysis
RSHPF Key Highlights
- Market Capitalization of $673.91M, positioning it as a significant player in the Irish residential REIT sector.
- Profit Margin of 57.6%, demonstrating strong profitability and efficient management of its residential property portfolio.
- Gross Margin of 77.5%, reflecting robust revenue generation capabilities from its high-quality assets.
- Dividend Yield of 4.41%, offering an attractive income stream for investors seeking yield from real estate investments.
- Price-to-Earnings (P/E) ratio of 11.65, providing a valuation metric relative to its earnings performance.
Who Are RSHPF's Competitors?
RSHPF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| SUNS Sunrise Realty Trust, Inc. | $7.91 | -0.13% | $106.93M | 67 |
| BHM Bluerock Homes Trust, Inc. | $9.09 | -0.08% | $37.36M | 63 |
| AMH American Homes 4 Rent | $33.27 | -2.16% | $11.95B | 57 |
| AVB AvalonBay Communities, Inc. | $189.83 | -2.85% | $26.93B | 54 |
| AIV Apartment Investment and Management Company (Aimco) | $2.83 | -3.57% | $407.83M | 42 |
| BSRTF BSR Real Estate Investment Trust | $12.25 | +1.58% | $416.71M | 43 |
| CDPYF Canadian Apartment Properties Real Estate Investment Trust | $24.73 | -1.94% | $3.79B | 43 |
| FCAFF Firm Capital Apartment Real Estate Investment Trust | $2.75 | +0.00% | $20.91M | 43 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are RSHPF's Key Strengths?
- Strong profitability metrics with a Profit Margin of 57.6% and Gross Margin of 77.5%.
- Leverages external management expertise from CAPREIT, enhancing operational efficiency and service quality.
- Strategic focus on high-quality, multi-unit residential properties in high-demand urban areas like Dublin.
- Established presence as an Irish Real Estate Investment Trust (REIT) since its 2014 debut on Euronext Dublin.
What Are RSHPF's Weaknesses?
- Reliance on external management by CAPREIT subsidiaries, which could introduce potential agency risks or misaligned incentives.
- Geographic concentration primarily in Dublin exposes the portfolio to localized market downturns or specific regional regulatory changes.
- Lower liquidity and transparency due to its 'OTC Other' classification and 'Unknown' disclosure status on the OTC market.
- Beta of 0.75 suggests lower volatility but may also indicate less sensitivity to broader market uptrends compared to higher-beta stocks.
What Could Drive RSHPF Stock Higher?
- Persistent demand for rental accommodations in Dublin, supporting robust occupancy rates and potential for rental income growth.
- Strategic investment in high-quality, multi-unit residential properties, enhancing portfolio value and attracting a stable tenant base.
- Leveraging CAPREIT's operational expertise to drive efficiency, exceptional customer service, and tenant loyalty across its managed portfolio.
- Potential future acquisitions or development projects aimed at further consolidating the fragmented Irish rental housing market, expanding asset base and market share.
What Are the Key Risks for RSHPF?
- Financial-distress signal — its Altman Z-Score of 1.17 sits in the distress zone (elevated bankruptcy risk).
- Regulatory changes impacting rent control in Ireland, which could limit the company's ability to increase rental income.
- Changes in property taxes or other real estate-related levies in Ireland, potentially increasing operational costs for the REIT.
- Exposure to broader Irish housing market trends, including potential downturns in property values or shifts in rental demand.
- Dependence on the performance and strategic direction of its external manager, CAPREIT subsidiaries, introducing a layer of operational reliance.
What Are the Growth Opportunities for RSHPF?
- **Consolidation of Fragmented Market**: I-RES's core objective to bring coherence to Ireland's fragmented rental housing market presents a substantial growth opportunity. This involves strategically acquiring smaller portfolios or individual high-quality properties, leveraging the company's scale and professional management capabilities, which are enhanced by CAPREIT's expertise. The total addressable market includes a significant portion of the residential rental stock in Dublin and other key urban centers. This is an ongoing, long-term opportunity that allows I-RES to gain market share, achieve economies of scale, and establish a dominant position through professionalization and superior service offerings.
- **Leveraging CAPREIT's Operational Expertise**: The external management by subsidiaries of CAPREIT provides I-RES with a distinct competitive advantage. CAPREIT's extensive practical expertise and well-established operational methodologies can optimize property management, tenant retention strategies, and efficient portfolio expansion. This ongoing benefit directly contributes to enhanced operational efficiency, potentially higher occupancy rates, and improved profitability compared to less professionally managed competitors. This strategic partnership ensures that I-RES can continuously refine its operations and maintain high standards across its growing portfolio, supporting sustained growth.
- **Addressing Persistent Demand in Dublin**: The persistent demand for rental accommodations in Dublin, as highlighted in market insights, forms a robust foundation for I-RES's growth. This structural demand is driven by factors such as population growth, a strong job market, and limited housing supply in the capital. By focusing on high-quality, multi-unit residential properties in this high-demand urban core, I-RES is well-positioned to benefit from consistent rental income growth and opportunities for portfolio expansion. This long-term market trend provides a stable and predictable environment for the company's continued development.
- **Portfolio Enhancement and Value-Add Initiatives**: I-RES's focus on 'high-quality' properties opens avenues for value-add strategies across its existing and future portfolio. This includes initiatives such as property upgrades, amenity enhancements, and the implementation of sustainable features. These improvements can lead to higher rental yields, attract premium tenants, and ultimately increase the overall asset value of the properties. This is an ongoing strategy that can be systematically applied to improve profitability, enhance tenant satisfaction, and ensure the long-term appreciation of its real estate assets within competitive urban markets.
- **Geographic Diversification within Ireland**: While Dublin is the primary focus, I-RES's mandate includes investing in 'other significant urban areas' across Ireland. This presents a strategic growth opportunity to expand its footprint beyond the capital, thereby mitigating concentration risk and tapping into emerging or growing rental markets in cities such as Cork, Galway, or Limerick. This medium to long-term expansion strategy allows I-RES to leverage its established operational infrastructure and management expertise across a broader geographic base, increasing its total addressable market and enhancing the resilience of its portfolio against localized market fluctuations.
What Opportunities Does RSHPF Have?
- Opportunity to further consolidate Ireland's fragmented rental housing market through strategic acquisitions and development.
- Continued strong and persistent demand for rental accommodations in Dublin and other significant urban centers.
- Potential for portfolio expansion and value enhancement through property upgrades, amenity improvements, and sustainable retrofits.
- Leveraging its REIT structure to attract further institutional capital for growth and expansion initiatives.
What Threats Does RSHPF Face?
- Potential for adverse regulatory changes impacting rent control or property taxes in Ireland, which could limit rental income or increase operational costs.
- Exposure to broader economic downturns or shifts in the Irish housing market trends, affecting property valuations and rental demand.
- Increased competition from other institutional investors, property developers, or private equity funds entering the Irish residential market.
- Risks associated with its OTC Other listing, including limited disclosure, lower liquidity, and higher price volatility.
What Are RSHPF's Competitive Advantages?
- **Scale and Professional Management**: Leveraging CAPREIT's extensive expertise provides a significant operational advantage over smaller, less professional landlords in Ireland's fragmented market.
- **Strategic Focus on High-Demand Urban Centers**: Concentrating investments in Dublin and other key urban areas with persistent rental demand ensures a robust market for its properties and stable occupancy.
- **REIT Structure**: Operates as a publicly listed REIT, offering tax efficiencies and a clear, regulated investment vehicle for institutional capital in the Irish residential market.
- **Established Market Presence**: Debuted on Euronext Dublin in 2014, providing a track record and established relationships within the Irish property sector, aiding in acquisitions and operations.
What Does RSHPF Do?
Irish Residential Properties REIT Plc, also known as I-RES, with registration number 529737, operates as a prominent Irish Real Estate Investment Trust. The company's fundamental objective is to introduce structure and coherence to Ireland's often fragmented rental housing market. This is achieved through a strategic investment approach focused on acquiring and developing high-quality, multi-unit residential properties. While its primary geographic concentration is Dublin, I-RES also targets other significant urban areas across Ireland, capitalizing on robust demand for rental accommodations in these key economic hubs. I-RES made its debut on the Irish Stock Exchange, now recognized as Euronext Dublin, in April 2014, marking its entry as a publicly traded entity. A distinguishing feature of its operational model is the external management provided by specific subsidiaries of CAPREIT (TSX:CAR.UN), a well-established Canadian Real Estate Investment Trust. This strategic arrangement allows I-RES to harness CAPREIT's extensive practical expertise and proven operational methodologies. The collaboration is designed to optimize property management, ensure the delivery of premium homes to tenants, and foster exceptional customer service, thereby enhancing tenant loyalty and driving long-term value for its portfolio. By focusing on professional management and high-quality assets, I-RES aims to differentiate itself in the Irish rental market.
What Products and Services Does RSHPF Offer?
- Acquires high-quality, multi-unit residential properties in Ireland.
- Manages a portfolio of residential rental properties, primarily in Dublin.
- Invests strategically in other significant urban areas across Ireland.
- Aims to professionalize Ireland's fragmented rental housing market.
- Leverages external management expertise from CAPREIT subsidiaries for operations.
- Provides premium homes and aims for exceptional customer service for tenants.
- Operates as an Irish Real Estate Investment Trust (REIT) since 2014.
How Does RSHPF Make Money?
- Generates rental income from its portfolio of residential properties.
- Acquires and develops multi-unit residential properties to expand its asset base and increase rental revenue.
- Benefits from potential property value appreciation over time, enhancing net asset value.
- Leverages external management by CAPREIT to optimize operational efficiency, tenant satisfaction, and property performance, contributing to sustained revenue and profitability.
What Industry Does RSHPF Operate In?
Irish Residential Properties REIT Plc operates within the REIT - Residential industry, specifically targeting the Irish rental housing market. This market is characterized by its fragmentation, with numerous smaller landlords and varying standards of property management. I-RES positions itself as a consolidator, aiming to professionalize and bring coherence to this landscape by investing in high-quality, multi-unit residential properties. A significant market trend supporting I-RES's operations is the persistent demand for rental accommodations in Dublin and other major urban centers, driven by population growth and urbanization. The competitive landscape includes other property developers, private landlords, and potentially other investment funds, but I-RES differentiates itself through its REIT structure, focus on scale, and leveraging the operational expertise of its external manager, CAPREIT. Its strategic focus on premium properties in high-demand areas allows it to capture a specific segment of the market.
Who Are RSHPF's Key Customers?
- Individuals and families seeking long-term residential rental accommodations in urban Ireland.
- Tenants occupying multi-unit properties managed by I-RES in Dublin and other major Irish cities.
- Residents who value high-quality, professionally managed rental homes with strong customer service.
How Irish Residential Properties REIT Plc Is Valued
Irish Residential Properties REIT Plc carries a market capitalization of $673.91M, placing it in the small-cap category.
Company Profile
Irish Residential Properties REIT Plc operates in the REIT - Residential industry within the Real Estate sector. It is headquartered in Dublin, IE. The company is led by CEO Eddie Byrne. RSHPF has traded publicly since 2016.
ROE 7%Key Financial Metrics
Return on equity for Irish Residential Properties REIT Plc stands at 7.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.9%, showing how much profit it generates from its asset base. RSHPF trades at a trailing price-to-earnings ratio of 11.69, below the Real Estate sector average of ~20x. Its free cash flow yield is 7.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 26.36 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 8.0%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 8/9Financial Health
Irish Residential Properties REIT Plc's Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 1.17 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Irish Residential Properties REIT Plc revenue of about $77.3M for fiscal 2026, with EPS near $0.11.
RSHPF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests those in the know see value, hinting at potential upside.
- The community seems optimistic about the company's long-term prospects in the Irish housing market.
- Positive developments in the Irish rental market are seen as beneficial for the company's revenue streams.
- General market perception is that residential REITs are a safe haven during economic uncertainty.
Bear Case
- Some insiders have recently reduced their positions, possibly signaling concerns about future performance.
- Community sentiment reveals worries about regulatory changes impacting rental yields.
- Negative market perception surrounds potential overvaluation of Irish property assets.
- Increased construction activity in Dublin is seen as a threat to rental income due to potential oversupply.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
RSHPF Latest News
No recent news available for RSHPF.
RSHPF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for RSHPF.
Price Targets
Wall Street price target analysis for RSHPF.
RSHPF MoonshotScore
What does this score mean?
The MoonshotScore rates RSHPF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Eddie Byrne
Unknown
Unknown. No specific career history, education, previous roles, or credentials for Eddie Byrne were provided in the source data.
Track Record: Unknown. No key achievements, strategic decisions, or company milestones under Eddie Byrne's leadership were provided in the source data.
RSHPF OTC Market Information
Irish Residential Properties REIT Plc trades on the 'OTC Other' tier of the OTC market. This tier is typically for companies that do not meet the financial or disclosure requirements of higher OTC tiers (like OTCQX or OTCQB) or major exchanges such as the NYSE or NASDAQ. Companies in 'OTC Other' often have limited public disclosure, making it challenging for investors to access comprehensive financial information. Unlike major exchanges with stringent reporting standards, 'OTC Other' companies face fewer regulatory obligations, which contributes to potentially higher investment risk and reduced transparency for investors seeking detailed company data.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Disclosure: The 'Unknown' disclosure status means investors may not have access to timely or comprehensive financial information, hindering informed decision-making.
- Lower Liquidity: Trading on OTC Other often results in low trading volumes and wide bid-ask spreads, making it difficult to execute trades efficiently and at desired prices.
- Price Volatility: Due to lower liquidity and less transparency, OTC stocks can experience higher price volatility compared to exchange-listed securities.
- Regulatory Oversight: OTC Other companies are subject to less stringent regulatory oversight than those on major exchanges, increasing potential for fraud or manipulation.
- Delisting Risk: Companies on lower OTC tiers may face challenges in maintaining their listing or could be delisted if they fail to meet even minimal requirements, impacting tradability.
- Independently verify the company's current financial statements and annual reports, if any are publicly available, from official Irish sources.
- Research any news or press releases directly from the company or reputable financial news sources specific to its Euronext Dublin listing.
- Investigate the company's management team and external manager (CAPREIT) beyond what is publicly stated, looking for experience and track record.
- Understand the regulatory environment in Ireland specific to REITs and residential property, including any recent or upcoming changes.
- Assess the typical trading volume and bid-ask spread for RSHPF to understand potential liquidity challenges before investing.
- Consult with a financial advisor experienced in OTC markets due to the inherent risks associated with lower-tier listings.
- Public listing on Euronext Dublin since April 2014, indicating a primary listing on a recognized European exchange.
- External management by specific subsidiaries of CAPREIT (TSX:CAR.UN), a publicly traded Canadian REIT, lending credibility through association and professional oversight.
- Clear business objective as an Irish Real Estate Investment Trust (REIT) with a specific focus on multi-unit residential properties.
- Formal corporate registration in Ireland with registration number 529737, indicating legal establishment and compliance.
What Investors Ask About Irish Residential Properties REIT Plc (RSHPF) — Real Estate
What does Irish Residential Properties REIT Plc do?
Irish Residential Properties REIT Plc, or I-RES, operates as an Irish Real Estate Investment Trust focused on the acquisition, management, and development of high-quality, multi-unit residential properties. Its primary investment strategy targets Dublin and other significant urban areas across Ireland. The company's core objective is to bring professional management and coherence to Ireland's often fragmented rental housing market. I-RES achieves this by leveraging the extensive practical expertise and established operational methodologies of its external manager, subsidiaries of CAPREIT, aiming to deliver premium homes, enhance tenant loyalty, and provide exceptional customer service within its portfolio.
What are the key financial metrics investors watch for RSHPF?
Investors closely monitor several key financial metrics for RSHPF, typical for a residential REIT. The Price-to-Earnings (P/E) ratio of 11.65 provides insight into its valuation relative to earnings, while its Market Cap of $673.91M indicates its size. Crucially, the Profit Margin of 57.6% and Gross Margin of 77.5% highlight the company's strong operational efficiency and profitability from its rental income. The Dividend Yield of 4.41% is also a significant metric, as REITs are often valued for their income-generating capabilities. Additionally, its Beta of 0.75 suggests lower volatility compared to the broader market, which can appeal to certain investor profiles seeking stability.
What are the main risks for RSHPF?
Irish Residential Properties REIT Plc faces several key risks, primarily stemming from its concentration in the Irish residential property market. A significant concern is the potential for regulatory changes, particularly those impacting rent control or property taxes, which could directly affect the company's rental income and operational costs. Furthermore, its performance is closely tied to the broader Irish housing market trends and government policies, making it susceptible to economic downturns or shifts in housing supply and demand. As an 'OTC Other' stock with an 'Unknown' disclosure status, investors also face risks related to limited transparency, lower liquidity, and potentially higher price volatility compared to exchange-listed securities.
What are the key factors to evaluate for RSHPF?
Evaluate RSHPF on fundamentals, analyst consensus, and risk factors. P/E: 11.7x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does RSHPF data refresh on this page?
RSHPF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven RSHPF's recent stock price performance?
Irish Residential Properties REIT Plc (RSHPF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong profitability metrics with a Profit Margin of 57.6% and Gross Margin of 77.5%. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider RSHPF overvalued or undervalued right now?
Irish Residential Properties REIT Plc (RSHPF) trades at 11.7x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying RSHPF?
Before investing in Irish Residential Properties REIT Plc (RSHPF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Background and track record for CEO Eddie Byrne were not provided in the source data, leading to 'Unknown' entries despite word count requirements.
- No FMP PEER TICKERS were provided in the source data, resulting in an empty 'competitors' array.