OTCMKTS:IIPZF InterRent Real Estate Investment Trust Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding InterRent Real Estate Investment Trust Please log in to your account or sign up in order to add this asset to your watchlist. $9.44 +0.10 (+1.07%) (As of 06/28/2022 12:00 AM ET) Add Compare Share Today's Range$9.44▼$9.4550-Day Range$9.34▼$12.3852-Week Range$9.34▼$14.82Volume1,000 shsAverage Volume796 shsMarket Capitalization$1.33 billionP/E Ratio4.70Dividend Yield2.89%Price Target$18.64 ProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesShort Interest View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive IIPZF 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 IIPZF Stock Forecast (MarketRank)Overall MarketRank™2.19 out of 5 starsAnalyst Opinion: 3.4Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 - 3.4 Analyst's Opinion Consensus RatingInterRent Real Estate Investment Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.64, InterRent Real Estate Investment Trust has a forecasted upside of 97.4% from its current price of $9.44.Amount of Analyst CoverageInterRent Real Estate Investment Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Community Rank Outperform VotesInterRent Real Estate Investment Trust has received 83 “outperform” votes. (Add your “outperform” vote.)Underperform VotesInterRent Real Estate Investment Trust has received 54 “underperform” votes. (Add your “underperform” vote.)Community SentimentInterRent Real Estate Investment Trust has received 60.58% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about InterRent Real Estate Investment Trust and other stocks. Vote “Outperform” if you believe IIPZF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IIPZF will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldInterRent Real Estate Investment Trust pays a meaningful dividend of 2.89%, 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 13.43%. This payout ratio is at a healthy, sustainable level, below 75%. 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. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of InterRent Real Estate Investment Trust is 4.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.61.Price to Earnings Ratio vs. SectorThe P/E ratio of InterRent Real Estate Investment Trust is 4.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 33.70.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 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.Read More IIPZF Stock News HeadlinesJune 20, 2022 | americanbankingnews.comBrokerages Set InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Price Target at $18.73June 2, 2022 | seekingalpha.comKKR Real Estate Finance Trust sells 4.25M shares in secondary stock offeringMay 16, 2022 | finance.yahoo.comInterRent REIT Announces May 2022 DistributionsApril 20, 2022 | finance.yahoo.comInterRent REIT Announces Timing of First Quarter 2022 Results and Conference CallFebruary 17, 2022 | seekingalpha.comInterRent Real Estate Investment Trust declares CAD 0.0285 dividendJanuary 18, 2022 | finance.yahoo.comInterRent REIT Announces January 2022 DistributionsNovember 16, 2021 | finance.yahoo.comInterRent REIT Announces November 2021 DistributionsJuly 21, 2021 | finance.yahoo.comInterRent REIT Announces Timing of Second Quarter 2021 Results and Conference CallJune 15, 2021 | finance.yahoo.comInterRent Announces June 2021 DistributionsApril 28, 2021 | fool.caCanada Revenue Agency: 90% of Canadians Are Making This TFSA MistakeMarch 15, 2021 | finance.yahoo.comInterRent Real Estate Investment Trust to Host Earnings CallMarch 1, 2021 | ca.finance.yahoo.comTFSA Investors: Buy the Safest Residential Real Estate Stock in North AmericaFebruary 16, 2021 | finance.yahoo.comInterRent Announces February 2021 DistributionsSee More Headlines Industry, Sector and Symbol Stock ExchangeOTCMKTS Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolOTCMKTS:IIPZF Previous SymbolOTC:IIPZF CUSIPN/A CIKN/A Webwww.interrentreit.com Phone(613) 569-5699FaxN/AEmployees435Year FoundedN/ACompany Calendar Today6/29/2022Next Earnings (Estimated)8/08/2022Fiscal Year End12/31/2022Price 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 RatingModerate Buy Rating Score (0-4)2.85714285714286 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.009990 Trailing P/E Ratio4.70 Forward P/E RatioN/A P/E GrowthN/ANet Income$294.97 million Net Margins185.14% Pretax Margin185.30% Return on Equity15.16% Return on Assets9.08% Debt Debt-to-Equity Ratio0.58 Current Ratio0.17 Quick Ratio0.17 Sales & Book Value Annual Sales$147.71 million Price / Sales8.99 Cash Flow$2.13 per share Price / Cash Flow4.43 Book Value$13.77 per share Price / Book0.69Miscellaneous Outstanding Shares140,664,000Free FloatN/AMarket Cap$1.33 billion OptionableNot Optionable Beta0.43 InterRent Real Estate Investment Trust Frequently Asked Questions Should I buy or sell InterRent Real Estate Investment Trust stock right now? 7 Wall Street research 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 research 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 brokers have issued 1-year price targets for InterRent Real Estate Investment Trust's stock. Their IIPZF stock forecasts range from $17.00 to $20.25. On average, they expect InterRent Real Estate Investment Trust's stock price to reach $18.64 in the next twelve months. 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 performed in 2022? InterRent Real Estate Investment Trust's stock was trading at $12.97 on January 1st, 2022. 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 in 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 daily volume of 200 shares, the days-to-cover ratio is currently 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 announced a monthly dividend on Thursday, September 16th. Stockholders of record on Thursday, September 30th will be given a dividend of $0.022 per share on Friday, October 15th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date of this dividend 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 OfficerMr. Dave Nevins C.P.M., Chief Operating OfficerMr. Asad Hanif, VP of AcquisitionsMr. Will Chan, Chief Information OfficerMs. Sandy Rose, Director of Investor Relations & SustainabilityMr. Chris Willoughby, VP of MarketingMs. Catherine Hebert, Chief Talent Officer Who are some of InterRent Real Estate Investment Trust's key competitors? Some companies that are related to InterRent Real Estate Investment Trust include PS Business Parks (PSB), Blackstone Mortgage Trust (BXMT), Independence Realty Trust (IRT), National Storage Affiliates Trust (NSA), New Residential Investment (NRZ), Cousins Properties (CUZ), Healthcare Realty Trust (HR), Ryman Hospitality Properties (RHP), Physicians Realty Trust (DOC), Douglas Emmett (DEI), Kite Realty Group Trust (KRG), Phillips Edison & Company, Inc. (PECO), Highwoods Properties (HIW), EPR Properties (EPR) and Broadstone Net Lease (BNL). View all of IIPZF's competitors. 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 6/29/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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