Income Opportunity Realty Investors (IOR) AI Stock Analysis

• Market Cap: $77.05M
• Dividend Yield: N/A
• Average Volume (3M): 86.00
• Price to Earnings (P/E): 17.9
• Beta (1Y): 0.24
• Revenue Growth: N/A
• EPS Growth: -30.69%
• Country: US
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Mortgages
• EPS (TTM): 0.24
• Shares Outstanding: 4,066,178
• 10 Day Avg. Volume: 52
• 30 Day Avg. Volume: 86
• PEG Ratio: -1.27
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -926.77
• Enterprise Value/Market Cap: 0.96
• Enterprise Value/Revenue: 13.57
• Enterprise Value/Gross Profit: -716.06
• Enterprise Value/Ebitda: 14.60
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: $18.50 ▲(0.27% Upside)
• Action: Reiterated Date: 03/13/26
• Date: Action: Reiterated 03/13/26

The score is primarily held back by weak and uncertain operating performance quality (revenue collapsing to zero in 2025 and volatile cash flow) despite a notably conservative balance sheet with no debt. Technicals are mildly bearish with the stock trading below major moving averages and slightly negative momentum, while valuation is neutral with a mid-range P/E and no dividend yield data to add support.

Positive Factors

Conservative balance sheet

The absence of reported debt combined with a rising equity base (~$104M to ~$126M) provides durable financial flexibility. This allows the company to absorb real estate cyclicality, fund maintenance or selective acquisitions internally, and preserves optionality without relying on external leverage.

Consistent annual profitability

Net income in each year from 2020–2025 shows the business can generate positive accounting profits across cycles. Persistent profitability supports retained earnings accumulation, ongoing property operations funding, and creates a foundation for longer-term capital allocation even if revenue is uneven.

Board and governance continuity

High shareholder participation and re-election of leadership plus ratification of the auditor signal governance stability. Consistent board oversight reduces execution risk, aids strategic continuity, and supports steady decision-making for asset management and capital allocation over the medium term.

Negative Factors

Revenue collapse in 2025

Revenue falling to zero in 2025 severely undermines visibility into recurring cash flows and suggests disposals, lease terminations, or reclassifications. Without recurring top-line, long-term ability to fund property operations, capex, or distributions is at risk unless non-recurring gains persist.

Highly volatile cash generation

Material year-to-year swings in operating and free cash flow reduce confidence in sustainable cash generation. This volatility hampers planning for tenant improvements, maintenance, leasing cycles, and limits capacity to reinvest or distribute cash without depleting reserves or selling assets.

Earnings quality concerns (EBIT vs net income)

Negative operating income coupled with positive net income implies reliance on non-operating items or accounting adjustments to report profits. This diminishes the durability of reported earnings, complicates forecasting, and may mask operational weakness in property-level cash flows.

Income Opportunity Realty Investors Business Overview & Revenue Model

Company Description

Income Opportunity Realty Investors, Inc., a Dallas-based real estate investment company, holds a portfolio of equity real estate in Texas, including undeveloped land. The Company invests in real estate through direct equity ownership and partnerships. For more information, visit the Company's website at www.incomeopp-realty.com.

How the Company Makes Money

IOR’s economic results are primarily derived from its controlling interest in Transcontinental Realty Investors, Inc. (TCI), so earnings are largely driven by the cash flows and reported income of TCI rather than a separate stand-alone operating business at the IOR parent level. Key revenue streams typically include: (1) rental and leasing income from income-producing real estate (e.g., commercial and/or multifamily properties) owned by the real estate portfolio; (2) property operations-related income such as reimbursements and other tenant-related charges where applicable; and (3) potential gains or losses from sales of real estate assets when properties are disposed of. If TCI (or the consolidated group) conducts real-estate lending or holds notes/receivables, interest income and related financing fees can also contribute to earnings; however, specific details on the presence, scale, or terms of such activities are null. Significant partnerships or material customer/tenant concentration details are null.

Income Opportunity Realty Investors Financial Statement Overview

Summary

Balance sheet strength is a major positive (no reported debt, steadily rising equity, consistently positive ROE), but operating performance quality is a concern: revenue is volatile and drops to zero in 2025 (annual), EBIT appears inconsistent versus net income, and operating/free cash flow is highly erratic with negative periods.

Income Statement

Profitability is consistently positive, with net income each year from 2020–2025, and strong net margins in 2020–2024. However, the revenue trend is volatile and deteriorating recently: revenue declined in 2024 and fell to zero in 2025 (annual), resulting in weak visibility on recurring earnings quality. Operating profit measures also appear inconsistent (negative EBIT while net income remains positive in several years), increasing the risk that reported profits are driven by non-core items.

Balance Sheet

The balance sheet looks conservatively positioned with no reported debt across the period and a stable-to-rising equity base (about $104M in 2020 to about $126M in 2025). Returns on equity are positive each year (roughly 3%–6%), indicating the company is profitable without relying on leverage. The main weakness is that returns are only moderate and not clearly improving, which can limit valuation upside despite the strong capitalization.

Cash Flow

Cash generation is inconsistent. Operating and free cash flow swing materially year to year (strongly positive in 2020, deeply negative in 2021, near breakeven in 2022, positive in 2023–2024, and slightly negative again in 2025). This volatility reduces confidence in the durability of earnings and suggests working-capital or timing impacts. The company does show periods of solid cash inflow, but the lack of steady positive cash flow is a clear constraint.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	6.30M	10.07M	6.60M	4.95M
Gross Profit	-103.00K	6.30M	10.07M	6.60M	4.95M
EBITDA	5.05M	5.89M	8.61M	4.98M	3.38M
Net Income	3.99M	4.65M	7.00M	3.93M	3.60M
Balance Sheet
Total Assets	125.92M	121.93M	118.08M	111.99M	108.07M
Cash, Cash Equivalents and Short-Term Investments	6.00K	9.00K	71.00K	6.00K	2.00K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	0.00	0.00	0.00	4.00K	12.00K
Stockholders Equity	125.92M	121.93M	118.08M	111.98M	108.05M
Cash Flow
Free Cash Flow	-77.00K	713.00K	973.00K	4.00K	-2.98M
Operating Cash Flow	-77.00K	713.00K	973.00K	4.00K	-2.98M
Investing Cash Flow	74.00K	27.00K	0.00	0.00	2.97M
Financing Cash Flow	0.00	-802.00K	-908.00K	0.00	0.00

Income Opportunity Realty Investors Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IOR, the sentiment is Positive. The current price of 18.45 is below the 20-day moving average (MA) of 18.58, below the 50-day MA of 18.45, and above the 200-day MA of 18.40, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 54.92 is Neutral, neither overbought nor oversold. The STOCH value of 50.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IOR.

Income Opportunity Realty Investors Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SNFCA	68 Neutral	$241.21M	―	5.30%	―	3.25%	-37.79%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
VEL	62 Neutral	$676.42M	5.42	17.03%	―	36.73%	27.50%
IOR	53 Neutral	$77.05M	17.89	3.21%	―	―	-30.69%
GHI	49 Neutral	$138.43M	―	>-0.01%	18.74%	-12.56%	-69.72%
CNF	49 Neutral	$32.08M	-0.19	-1.25%	―	―	―
PAPL	44 Neutral	$17.74M	-0.17	1255.72%	―	6.26%	50.57%

Income Opportunity Realty Investors Corporate Events

Income Opportunity Realty Investors Holds Annual Meeting

On December 10, 2025, Income Opportunity Realty Investors, Inc. held its Annual Meeting of Stockholders, where a quorum was established with 96.59% of shares represented. During the meeting, all nominated directors were elected, and the appointment of Farmer, Fuqua & Huff, P.C. as the independent public accounting firm for the fiscal year ending December 31, 2025, was ratified. The following day, December 11, 2025, Henry A. Butler was re-elected as Chairman of the Board, and Ted Munselle was re-appointed as the Presiding Director.