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S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
OTCMKTS:IIPZF

InterRent Real Estate Investment Trust Stock Forecast, Price & News

$9.44
+0.02 (+0.21%)
(As of 06/29/2022 12:00 AM ET)
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Today's Range
$9.44
$9.44
50-Day Range
$9.34
$12.18
52-Week Range
$9.34
$14.82
Volume
N/A
Average Volume
796 shs
Market Capitalization
$1.33 billion
P/E Ratio
4.70
Dividend Yield
2.89%
Price Target
$18.64
30 days | 90 days | 365 days | Advanced Chart

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IIPZF Stock Forecast (MarketRank)

Overall MarketRank

2.19 out of 5 stars

Analyst Opinion: 3.4Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
InterRent Real Estate Investment Trust logo

About InterRent Real Estate Investment Trust (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) 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.

IIPZF Stock News Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
OTCMKTS:IIPZF
CIK
N/A
Fax
N/A
Employees
435
Year Founded
N/A

Company Calendar

Today
6/30/2022
Next Earnings (Estimated)
8/08/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$18.64
High Stock Price Forecast
$20.25
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+97.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.85714285714286
Research Coverage
7 Analysts

Profitability

Net Income
$294.97 million
Pretax Margin
185.30%

Debt

Sales & Book Value

Annual Sales
$147.71 million
Cash Flow
$2.13 per share
Book Value
$13.77 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.33 billion
Optionable
Not Optionable
Beta
0.43














InterRent Real Estate Investment Trust Frequently Asked Questions

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterRent Real Estate Investment Trust in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" InterRent Real Estate Investment Trust stock.
View analyst ratings for InterRent Real Estate Investment Trust
or view top-rated stocks.

What is InterRent Real Estate Investment Trust's stock price forecast for 2022?

7 brokerages have issued twelve-month price objectives for InterRent Real Estate Investment Trust's shares. Their IIPZF stock forecasts range from $17.00 to $20.25. On average, they predict InterRent Real Estate Investment Trust's stock price to reach $18.64 in the next year. This suggests a possible upside of 97.4% from the stock's current price.
View analysts' price targets for InterRent Real Estate Investment Trust
or view top-rated stocks among Wall Street analysts.

How has InterRent Real Estate Investment Trust's stock price performed in 2022?

InterRent Real Estate Investment Trust's stock was trading at $12.97 at the beginning of the year. Since then, IIPZF shares have decreased by 27.2% and is now trading at $9.44.
View the best growth stocks for 2022 here
.

Are investors shorting InterRent Real Estate Investment Trust?

InterRent Real Estate Investment Trust saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 299,500 shares, an increase of 29.3% from the April 30th total of 231,600 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 1,497.5 days.
View InterRent Real Estate Investment Trust's Short Interest
.

When is InterRent Real Estate Investment Trust's next earnings date?

InterRent Real Estate Investment Trust is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022.
View our earnings forecast for InterRent Real Estate Investment Trust
.

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 declared a monthly dividend on Thursday, September 16th. Shareholders of record on Thursday, September 30th will be paid a dividend of $0.022 per share on Friday, October 15th. This represents a $0.26 annualized dividend and a yield of 2.80%. The ex-dividend date is Wednesday, September 29th. This is an increase from InterRent Real Estate Investment Trust's previous monthly dividend of $0.02.
View InterRent Real Estate Investment Trust's dividend history
.

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 2.89%. The dividend payout ratio of InterRent Real Estate Investment Trust is 13.43%. This payout ratio is at a healthy, sustainable level, below 75%.
View InterRent Real Estate Investment Trust's dividend history.

Who are InterRent Real Estate Investment Trust's key executives?

InterRent Real Estate Investment Trust's management team includes the following people:
  • Mr. Michael Darryl McGahan, Exec. Chairman (Age 59, Pay $386.23k)
  • Mr. Bradley Cutsey C.F.A., Pres, CEO & Director (Age 49, Pay $498.24k)
  • Mr. Curt Millar C.A., CPA, CA, CPA, Chief Financial Officer
  • Mr. Dave Nevins C.P.M., Chief Operating Officer
  • Mr. Asad Hanif, VP of Acquisitions
  • Mr. Will Chan, Chief Information Officer
  • Ms. Sandy Rose, Director of Investor Relations & Sustainability
  • Mr. Chris Willoughby, VP of Marketing
  • Ms. Catherine Hebert, Chief Talent Officer

What is InterRent Real Estate Investment Trust's stock symbol?

InterRent Real Estate Investment Trust trades on the OTCMKTS under the ticker symbol "IIPZF."

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

Shares of IIPZF 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.

What is InterRent Real Estate Investment Trust's stock price today?

One share of IIPZF stock can currently be purchased for approximately $9.44.

How much money does InterRent Real Estate Investment Trust make?

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) has a market capitalization of $1.33 billion and generates $147.71 million in revenue each year. The company earns $294.97 million in net income (profit) each year or $2.009990 on an earnings per share basis.

How many employees does InterRent Real Estate Investment Trust have?

InterRent Real Estate Investment Trust employs 435 workers across the globe.

How can I contact InterRent Real Estate Investment Trust?

InterRent Real Estate Investment Trust's mailing address is 485 Bank Street 485 Bank Street Suite 207, Ottawa A6, K2P 1Z2. The official website for InterRent Real Estate Investment Trust is www.interrentreit.com. The company can be reached via phone at (613) 569-5699 or via email at [email protected].

This page (OTCMKTS:IIPZF) was last updated on 6/30/2022 by MarketBeat.com Staff

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