Should I buy or sell InterRent Real Estate Investment Trust stock right now?

2 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 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IIPZF shares. View IIPZF analyst ratings or view top-rated stocks .

What is InterRent Real Estate Investment Trust's stock price target for 2024?

2 brokers have issued 1 year target prices for InterRent Real Estate Investment Trust's stock. Their IIPZF share price targets range from $8.00 to $18.00. On average, they predict the company's stock price to reach $15.55 in the next twelve months. This suggests a possible upside of 67.9% from the stock's current price. View analysts price targets for IIPZF or view top-rated stocks among Wall Street analysts .

How have IIPZF shares performed in 2023?

InterRent Real Estate Investment Trust's stock was trading at $9.4741 at the beginning of the year. Since then, IIPZF stock has decreased by 2.3% and is now trading at $9.26. View the best growth stocks for 2023 here .

Are investors shorting InterRent Real Estate Investment Trust?

InterRent Real Estate Investment Trust saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 273,600 shares, a drop of 22.8% from the October 15th total of 354,600 shares. Based on an average daily volume of 10,400 shares, the short-interest ratio is presently 26.3 days. View InterRent Real Estate Investment Trust's Short Interest .

Is InterRent Real Estate Investment Trust a good dividend stock?

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) pays an annual dividend of $0.27 per share and currently has a dividend yield of 2.86%. Read our dividend analysis for IIPZF .

How do I buy shares of InterRent Real Estate Investment Trust?

Shares of IIPZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

InterRent Real Estate Investment Trust Stock Price, News & Analysis (OTCMKTS:IIPZF)

$9.26

0.00 (0.00%)

(As of 11/30/2023 ET)

Compare

Today's Range: $9.26
▼
$9.26
50-Day Range: $8.38
▼
$9.26
52-Week Range: $8.38
▼
$10.97

Volume: N/A
Average Volume: 5,731 shs
Market Capitalization: $1.34 billion

P/E Ratio: N/A
Dividend Yield: 2.92%
Price Target: $15.55

Stock Analysis Analyst Forecasts Chart Dividend Headlines Short Interest

InterRent Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 67.9% Upside
$15.55 Price Target
Short Interest: Bearish
0.19% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.51 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
InterRent Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.55, InterRent Real Estate Investment Trust has a forecasted upside of 67.9% from its current price of $9.26.
Amount of Analyst Coverage
InterRent Real Estate Investment Trust has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
0.19% of the outstanding shares of InterRent Real Estate Investment Trust have been sold short.
Short Interest Ratio / Days to Cover
InterRent Real Estate Investment Trust has a short interest ratio ("days to cover") of 26.4, which indicates bearish sentiment.
Change versus previous month
Short interest in InterRent Real Estate Investment Trust has recently increased by 0.33%, indicating that investor sentiment is decreasing.

0.8

Dividend Strength

Dividend Yield
InterRent Real Estate Investment Trust pays a meaningful dividend of 2.86%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
InterRent Real Estate Investment Trust does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IIPZF.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for InterRent Real Estate Investment Trust this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, InterRent Real Estate Investment Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.80% of the stock of InterRent Real Estate Investment Trust is held by insiders.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of InterRent Real Estate Investment Trust is -48.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of InterRent Real Estate Investment Trust is -48.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
InterRent Real Estate Investment Trust has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About InterRent Real Estate Investment Trust Stock (OTCMKTS:IIPZF)

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 to use the proven industry experience of the Trustees, Management and Operational Team to: (i) grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) maintain a conservative payout ratio and balance sheet.

IIPZF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IIPZF Stock News Headlines

November 27, 2023 | markets.businessinsider.com

Evercore ISI Group Upgrades Federal Realty Investment: Here's What You Need To Know

November 16, 2023 | msn.com

InterRent Real Estate Investment Trust raises dividend by 5% to CAD 0.0315

November 30, 2023 | Tomorrow Investor (Ad)

Why Microsoft Just Placed A Huge Bet On Nuclear

Even with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.

November 14, 2023 | morningstar.com

InterRent Real Estate Investment Trust IIP.UN

November 1, 2023 | seekingalpha.com

InterRent Real Estate Investment Trust reports Q3 results

October 27, 2023 | msn.com

Arbor Realty Trust declares $0.43 dividend

October 17, 2023 | finance.yahoo.com

INTERRENT REIT ANNOUNCES OCTOBER 2023 DISTRIBUTIONS

October 13, 2023 | finance.yahoo.com

INTERRENT REIT ANNOUNCES TIMING OF THIRD QUARTER 2023 RESULTS AND CONFERENCE CALL

November 30, 2023 | Tomorrow Investor (Ad)

Why Microsoft Just Placed A Huge Bet On Nuclear

Even with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.

October 9, 2023 | markets.businessinsider.com

Healthcare Realty Trust’s Asset Disposition and Joint Venture: A Strategic Move towards Debt Reduction and Occupancy Upside

September 15, 2023 | msn.com

Empowering women through real estate investment

September 11, 2023 | investing.com

KIP Real Estate Investment Trust (KIPR)

August 16, 2023 | finance.yahoo.com

InterRent REIT Announces August 2023 Distributions

August 14, 2023 | investing.com

FTSE JSE Real Estate Investment Trusts (FTJS3512)

July 27, 2023 | markets.businessinsider.com

NexPoint Diversified Real Estate Trust Announces Quarterly Distribution

July 10, 2023 | finance.yahoo.com

InterRent REIT Announces Timing of Second Quarter 2023 Results and Conference Call

May 16, 2023 | finance.yahoo.com

InterRent REIT Announces May 2023 Distributions

May 11, 2023 | markets.businessinsider.com

RBC Capital Keeps a Buy Rating on InterRent REIT Un (IIP.UN)

April 21, 2023 | msn.com

InterRent Real Estate Investment Trust - Unit (IIPZF) Declares $0.03 Dividend

April 18, 2023 | finance.yahoo.com

InterRent REIT Announces April 2023 Distributions

April 6, 2023 | finance.yahoo.com

InterRent REIT Announces Timing of First Quarter 2023 Results and Conference Call

April 5, 2023 | msn.com

Why Arbor Realty Trust (ABR) is Poised to Beat Earnings Estimates Again

March 7, 2023 | seekingalpha.com

InterRent Real Estate Investment Trust says Q4 FFO down Y/Y

March 3, 2023 | marketwatch.com

Real Estate Investment Trusts (REITs) Market 2023 Company Challenges, Latest Advancements, Growth Prediction, and Forecast by 2029

February 16, 2023 | finance.yahoo.com

InterRent REIT Announces February 2023 Distributions

January 27, 2023 | finance.yahoo.com

InterRent REIT Announces Timing of Fourth Quarter 2022 Results and Conference Call

January 20, 2023 | yahoo.com

Whitestone REIT Receives Investment Grade Credit Rating

See More Headlines

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Company Calendar

Today: 11/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: OTCMKTS:IIPZF
Previous Symbol: OTC:IIPZF
CUSIP: N/A
CIK: N/A
Web: www.interrentreit.com
Phone: (613) 569-5699
Fax: N/A
Employees: 435
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $15.55
High Stock Price Target: $18.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +67.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.19)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $79.96 million
Net Margins: -15.34%
Pretax Margin: -18.96%
Return on Equity: -1.38%
Return on Assets: -0.80%

Debt

Debt-to-Equity Ratio: 0.66
Current Ratio: 0.46
Quick Ratio: 0.23

Sales & Book Value

Annual Sales: $166.45 million
Price / Sales: 8.04
Cash Flow: $0.57 per share
Price / Cash Flow: 16.15
Book Value: $13.18 per share
Price / Book: 0.70

Miscellaneous

Outstanding Shares: 144,490,000
Free Float: 134,668,000
Market Cap: $1.34 billion
Optionable: Not Optionable
Beta: 0.64

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Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

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Key Executives

Mr. Michael Darryl McGahan (Age 60)
Executive Chairman
Comp: $728.46k
Mr. Bradley Cutsey C.F.A. (Age 50)
President, CEO & Trustee
Comp: $1.07M
Mr. Curt Millar C.A.
CPA, Chief Financial Officer
Mr. Dave Nevins C.P.M.
Chief Operating Officer
Mr. Asad Hanif
Vice President of Acquisitions
Mr. Will Chan
Chief Information Officer
Renee Wei
Director of Investor Relations & Sustainability
Mr. Chris Willoughby
Vice President of Marketing
Ms. Catherine Hebert
Chief Talent Officer
Mr. Craig Alexander Stewart
Vice President of Finance

Key Competitors

View All Competitors

IIPZF Stock Analysis - Frequently Asked Questions

Should I buy or sell InterRent Real Estate Investment Trust stock right now?: 2 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 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IIPZF shares.
View IIPZF analyst ratings or view top-rated stocks.
What is InterRent Real Estate Investment Trust's stock price target for 2024?: 2 brokers have issued 1 year target prices for InterRent Real Estate Investment Trust's stock. Their IIPZF share price targets range from $8.00 to $18.00. On average, they predict the company's stock price to reach $15.55 in the next twelve months. This suggests a possible upside of 67.9% from the stock's current price.
View analysts price targets for IIPZF or view top-rated stocks among Wall Street analysts.
How have IIPZF shares performed in 2023?: InterRent Real Estate Investment Trust's stock was trading at $9.4741 at the beginning of the year. Since then, IIPZF stock has decreased by 2.3% and is now trading at $9.26.
View the best growth stocks for 2023 here.
Are investors shorting InterRent Real Estate Investment Trust?: InterRent Real Estate Investment Trust saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 273,600 shares, a drop of 22.8% from the October 15th total of 354,600 shares. Based on an average daily volume of 10,400 shares, the short-interest ratio is presently 26.3 days.
View InterRent Real Estate Investment Trust's Short Interest.

Is InterRent Real Estate Investment Trust a good dividend stock?: InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) pays an annual dividend of $0.27 per share and currently has a dividend yield of 2.86%.
Read our dividend analysis for IIPZF.
How do I buy shares of InterRent Real Estate Investment Trust?: Shares of IIPZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (OTCMKTS:IIPZF) was last updated on 11/30/2023 by MarketBeat.com Staff

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