TSE:IIP.UN InterRent Real Estate Investment Trust (IIP.UN) Stock Price, News & Analysis → The #1 Crypto for AI (From Weiss Ratings) (Ad) Free IIP.UN Stock Alerts C$12.31 -0.07 (-0.57%) (As of 05/17/2024 04:00 PM ET) Add Compare Share Share Today's RangeC$12.26▼C$12.4050-Day RangeC$11.80▼C$14.2652-Week RangeC$11.43▼C$14.50Volume112,793 shsAverage Volume339,047 shsMarket CapitalizationC$1.79 billionP/E Ratio51.29Dividend Yield3.09%Price TargetC$15.07 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get InterRent Real Estate Investment Trust alerts: Email Address InterRent Real Estate Investment Trust MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside22.4% UpsideC$15.07 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.95Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.52 out of 5 stars 3.3 Analyst's Opinion Consensus RatingInterRent Real Estate Investment Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 5 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageInterRent Real Estate Investment Trust has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about InterRent Real Estate Investment Trust's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for IIP.UN. Previous Next 0.8 Dividend Strength Dividend YieldInterRent Real Estate Investment Trust pays a meaningful dividend of 3.09%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthInterRent Real Estate Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of InterRent Real Estate Investment Trust is 158.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about InterRent Real Estate Investment Trust's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IIP.UN. Previous Next 2.8 News and Social Media Coverage News SentimentInterRent Real Estate Investment Trust has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 4 news articles for InterRent Real Estate Investment Trust this week, compared to 0 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, InterRent Real Estate Investment Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.12% of the stock of InterRent Real Estate Investment Trust is held by insiders.Percentage Held by InstitutionsOnly 35.08% of the stock of InterRent Real Estate Investment Trust is held by institutions.Read more about InterRent Real Estate Investment Trust's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of InterRent Real Estate Investment Trust is 51.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.40.Price to Earnings Ratio vs. SectorThe P/E ratio of InterRent Real Estate Investment Trust is 51.29, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 237.03.Price to Book Value per Share RatioInterRent Real Estate Investment Trust has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWhat President Biden's new law means for investorsWhat's Got Musk, Bezos, and Gates So Excited? Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. – and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it.This expert just went public with all the details, including which stocks to jump on immediately. About InterRent Real Estate Investment Trust Stock (TSE:IIP.UN)InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. InterRent's strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions. InterRent's primary objectives are: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.Read More IIP.UN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IIP.UN Stock News HeadlinesMay 21 at 8:40 AM | finance.yahoo.comINTERRENT ANNOUNCES NORMAL COURSE ISSUER BIDMay 17, 2024 | americanbankingnews.comScotiabank Increases InterRent Real Estate Investment Trust (TSE:IIP.UN) Price Target to C$14.50May 16, 2024 | finance.yahoo.comINTERRENT REIT ANNOUNCES MAY 2024 DISTRIBUTIONSMay 13, 2024 | seekingalpha.comInterRent Real Estate Investment Trust (IIPZF) Q1 2024 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comINTERRENT REIT PICKS UP GROWTH MOMENTUM WITH STRONG Q4 RESULTSFebruary 16, 2024 | msn.comInterRent Real Estate Investment Trust declares CAD 0.0315 dividendFebruary 13, 2024 | ca.finance.yahoo.comInterRent Real Estate Investment Trust (IIP-UN.TO)January 30, 2024 | wsj.comInterRent Real Estate Investment TrustDecember 18, 2023 | finance.yahoo.comINTERRENT REIT ANNOUNCES DECEMBER 2023 DISTRIBUTIONSNovember 16, 2023 | ca.finance.yahoo.comINTERRENT REIT ANNOUNCES NOVEMBER 2023 DISTRIBUTIONSNovember 1, 2023 | finance.yahoo.comINTERRENT REIT CONTINUES DOUBLE-DIGIT NOI EXPANSION AND STRENGTHENING FFO/UNIT GROWTH IN Q3 2023August 24, 2023 | msn.comLanesborough Real Estate Investment Trust reports Q2 resultsAugust 11, 2023 | msn.com2 Canadian Stocks to Buy After Smashing EarningsAugust 2, 2023 | finanznachrichten.deInterRent REIT Reports 15% Same Property NOI Growth and Accelerated NOI Margin Expansion in Q2 2023June 30, 2023 | msn.comValue Investors: 3 Once-in-a-Decade Discounts to Buy NowJune 16, 2023 | finance.yahoo.comInterRent REIT Announces June 2023 DistributionsJune 16, 2023 | msn.comInterRent Real Estate Investment Trust declares $0.03 dividendJune 13, 2023 | finance.yahoo.comInterRent Announces Voting Results from the 2023 Annual MeetingApril 26, 2023 | theglobeandmail.comClosing Bell: Interrent Real Estate Investment Trust down on Tuesday (IIP-UN)April 19, 2023 | theglobeandmail.comClosing Bell: Interrent Real Estate Investment Trust down on Wednesday (IIP-UN)April 17, 2023 | theglobeandmail.comClosing Bell: Interrent Real Estate Investment Trust down on Monday (IIP-UN)February 17, 2023 | seekingalpha.comIIP.UN:CA InterRent Real Estate Investment TrustDecember 6, 2022 | nz.finance.yahoo.comInterRent REIT Announces November 2022 DistributionsOctober 18, 2022 | technews.tmcnet.comInterRent REIT Announces October 2022 DistributionsSeptember 29, 2022 | msn.com3 TSX Stocks That Could Make You a MillionaireSee More Headlines Receive IIP.UN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for InterRent Real Estate Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/15 Dividend4/29/2024Dividend Payable5/15/2024Today5/21/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorReal Estate Industry REIT - Residential Sub-IndustryN/A Current SymbolTSE:IIP.UN Previous SymbolTSE:IIP..UN CUSIPN/A CIKN/A Webwww.interrentreit.com Phone+1-613-5695699FaxN/AEmployees359Year FoundedN/APrice Target and Rating Average Stock Price TargetC$15.07 High Stock Price TargetC$16.50 Low Stock Price TargetC$14.00 Potential Upside/Downside+22.4%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.24 Trailing P/E Ratio51.29 Forward P/E Ratio19.14 P/E GrowthN/ANet IncomeC$36.18 million Net Margins14.75% Pretax MarginN/A Return on Equity1.40% Return on Assets2.06% Debt Debt-to-Equity Ratio65.36 Current Ratio0.51 Quick Ratio0.04 Sales & Book Value Annual SalesC$245.23 million Price / Sales7.29 Cash FlowC$0.02 per share Price / Cash Flow740.59 Book ValueC$17.85 per share Price / Book0.69Miscellaneous Outstanding Shares145,310,000Free FloatN/AMarket CapC$1.79 billion OptionableNot Optionable Beta1.10 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Michael Darryl McGahanCEO & TrusteeMr. Bradley Cutsey (Age 46)Pres Mr. Curt Millar CPACA, Chief Financial OfficerMr. Dave NevinsChief Operating OfficerMr. Will ChanChief Information OfficerKey CompetitorsKillam Apartment REITTSE:KMP.UNNorthview Apartment REITTSE:NVU.UNPure Multi-Family REITTSE:RUF.UNMorguard North American Residential REITTSE:MRG.UNMinto Apartment Real Estate Invt TrustTSE:MI.UNView All CompetitorsInsidersRonald A. LeslieSold 7,500 sharesTotal: C$90,337.50 ($12.05/share)View All Insider Transactions IIP.UN Stock Analysis - Frequently Asked Questions Should I buy or sell InterRent Real Estate Investment Trust stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for InterRent Real Estate Investment Trust in the last twelve months. There are currently 1 sell rating, 3 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IIP.UN shares. View IIP.UN analyst ratings or view top-rated stocks. What is InterRent Real Estate Investment Trust's stock price target for 2024? 10 equities research analysts have issued 12 month price targets for InterRent Real Estate Investment Trust's stock. Their IIP.UN share price targets range from C$14.00 to C$16.50. On average, they expect the company's stock price to reach C$15.07 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View analysts price targets for IIP.UN or view top-rated stocks among Wall Street analysts. How have IIP.UN shares performed in 2024? InterRent Real Estate Investment Trust's stock was trading at C$13.23 at the start of the year. Since then, IIP.UN stock has decreased by 7.0% and is now trading at C$12.31. View the best growth stocks for 2024 here. How often does InterRent Real Estate Investment Trust pay dividends? What is the dividend yield for InterRent Real Estate Investment Trust? InterRent Real Estate Investment Trust announced a monthly dividend on Monday, April 29th. Investors of record on Wednesday, May 15th will be given a dividend of 0.0315 per share on Wednesday, May 15th. This represents a $0.38 annualized dividend and a yield of 3.07%. The ex-dividend date of this dividend is Monday, April 29th. Read our dividend analysis for IIP.UN. Is InterRent Real Estate Investment Trust a good dividend stock? InterRent Real Estate Investment Trust (TSE:IIP.UN) pays an annual dividend of C$0.38 per share and currently has a dividend yield of 3.09%. The dividend payout ratio is 158.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for IIP.UN. How do I buy shares of InterRent Real Estate Investment Trust? Shares of IIP.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:IIP.UN) was last updated on 5/21/2024 by MarketBeat.com Staff From Our PartnersRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsConflict In Israel Sends Gold Soaring ???? 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