OTCMKTS:IIPZF

InterRent Real Estate Investment Trust - IIPZF Stock Forecast, Price & News

$8.06

0.00 (0.00%)

(As of 10/3/2022 12:00 AM ET)

Add

Compare

Today's Range: $8.06
▼
$8.06
50-Day Range: $8.06
▼
$10.46
52-Week Range: $8.06
▼
$14.82

Volume: N/A
Average Volume: 782 shs
Market Capitalization: $1.14 billion

P/E Ratio: 3.88
Dividend Yield: 3.23%
Price Target: $18.00

InterRent Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 123.3% Upside
$18.00 Price Target
Short Interest: Bearish
0.45% 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.

2.44 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
InterRent Real Estate Investment Trust has received a consensus rating of 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/Downside
According to analysts' consensus price target of $18.00, InterRent Real Estate Investment Trust has a forecasted upside of 123.3% from its current price of $8.06.
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
0.45% 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 1599.3, which indicates bearish sentiment.
Change versus previous month
Short interest in InterRent Real Estate Investment Trust has recently increased by 4.54%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
InterRent Real Estate Investment Trust pays a meaningful dividend of 3.23%, 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.
Dividend Coverage
The dividend payout ratio of InterRent Real Estate Investment Trust is 12.50%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

2.8

News and Social Media Coverage

News Sentiment
InterRent Real Estate Investment Trust has a news sentiment score of 1.08. 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 0.65 average news sentiment score of Finance companies.
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.

N/A

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.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of InterRent Real Estate Investment Trust is 3.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of InterRent Real Estate Investment Trust is 3.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 160.40.
Price to Book Value per Share Ratio
InterRent Real Estate Investment Trust has a P/B Ratio of 0.59. 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 (OTCMKTS:IIPZF) Stock

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.

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.

IIPZF Stock News Headlines

September 28, 2022 | americanbankingnews.com

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Receives $18.15 Average Target Price from Analysts

September 16, 2022 | finance.yahoo.com

InterRent REIT Announces September 2022 Distributions

August 29, 2022 | finance.yahoo.com

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

August 16, 2022 | finance.yahoo.com

InterRent REIT Announces August 2022 Distributions

August 5, 2022 | seekingalpha.com

Medical Properties Trust: 50 Big-Dividend REITs, Down Big

August 4, 2022 | apnews.com

Service Properties Trust Announces Second Quarter 2022 Results

July 13, 2022 | finance.yahoo.com

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

July 12, 2022 | seekingalpha.com

Federal Realty Investment Trust: There Are Better Options Than This Dividend King

June 2, 2022 | seekingalpha.com

KKR Real Estate Finance Trust sells 4.25M shares in secondary stock offering

May 16, 2022 | finance.yahoo.com

InterRent REIT Announces May 2022 Distributions

April 20, 2022 | finance.yahoo.com

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

February 17, 2022 | seekingalpha.com

InterRent Real Estate Investment Trust declares CAD 0.0285 dividend

January 18, 2022 | finance.yahoo.com

InterRent REIT Announces January 2022 Distributions

November 16, 2021 | finance.yahoo.com

InterRent REIT Announces November 2021 Distributions

July 21, 2021 | finance.yahoo.com

InterRent REIT Announces Timing of Second Quarter 2021 Results and Conference Call

June 15, 2021 | finance.yahoo.com

InterRent Announces June 2021 Distributions

April 28, 2021 | fool.ca

Canada Revenue Agency: 90% of Canadians Are Making This TFSA Mistake

March 15, 2021 | finance.yahoo.com

InterRent Real Estate Investment Trust to Host Earnings Call

March 1, 2021 | ca.finance.yahoo.com

TFSA Investors: Buy the Safest Residential Real Estate Stock in North America

February 16, 2021 | finance.yahoo.com

InterRent Announces February 2021 Distributions

January 15, 2021 | finance.yahoo.com

InterRent Announces January 2021 Distributions

December 15, 2020 | finance.yahoo.com

InterRent Announces December 2020 Distributions

November 25, 2020 | finance.yahoo.com

Avenue Living Asset Management Continues Multi-Family Expansion in the U.S.

September 29, 2020 | finance.yahoo.com

Did InterRent Real Estate Investment Trust (TSE:IIP.UN) Insiders Buy Up More Shares?

September 25, 2020 | seekingalpha.com

Top 3 Canadian REITs For 2020 - And Why RioCan Is Not Part Of It

See More Headlines

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.

IIPZF Company Calendar

Today: 10/03/2022
Next Earnings (Estimated): 11/07/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

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 Forecast: $18.00
High Stock Price Forecast: $20.25
Low Stock Price Forecast: $13.25
Forecasted Upside/Downside: +123.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.08
Trailing P/E Ratio: 3.88
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $294.97 million
Net Margins: 186.53%
Pretax Margin: 186.67%
Return on Equity: 15.32%
Return on Assets: 9.12%

Debt

Debt-to-Equity Ratio: 0.63
Current Ratio: 0.54
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: $147.71 million
Price / Sales: 7.70
Cash Flow: $2.11 per share
Price / Cash Flow: 3.82
Book Value: $13.77 per share
Price / Book: 0.59

Miscellaneous

Outstanding Shares: 141,133,000
Free Float: N/A
Market Cap: $1.14 billion
Optionable: Not Optionable
Beta: 0.63

Key Executives

Mr. Michael Darryl McGahan (Age 59)
Exec. Chairman
Comp: $380.06k

Mr. Bradley Cutsey C.F.A. (Age 49)
Pres, CEO & Director
Comp: $490.28k

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 C.F.A.
Director of Investor Relations & Sustainability

Mr. Chris Willoughby
VP of Marketing

Ms. Catherine Hebert
Chief Talent Officer

Key Competitors

View All Competitors

IIPZF Stock - 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 twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2022?: 7 brokers have issued 1 year target prices for InterRent Real Estate Investment Trust's stock. Their IIPZF share price forecasts range from $13.25 to $20.25. On average, they anticipate the company's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 123.3% 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 2022?: InterRent Real Estate Investment Trust's stock was trading at $12.97 on January 1st, 2022. Since then, IIPZF shares have decreased by 37.9% and is now trading at $8.06.
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 August. As of August 31st, there was short interest totaling 611,900 shares, an increase of 7.6% from the August 15th total of 568,900 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is currently 339.9 days.
View InterRent Real Estate Investment Trust's Short Interest.
When is InterRent Real Estate Investment Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our IIPZF earnings forecast.

Is InterRent Real Estate Investment Trust a good dividend stock?: InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) pays an annual dividend of $0.26 per share and currently has a dividend yield of 3.23%. The dividend payout ratio is 12.50%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IIPZF.
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 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.
What is InterRent Real Estate Investment Trust's stock price today?: One share of IIPZF stock can currently be purchased for approximately $8.06.
How much money does InterRent Real Estate Investment Trust make?: InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) has a market capitalization of $1.14 billion and generates $147.71 million in revenue each year. The company earns $294.97 million in net income (profit) each year or $2.08 on an earnings per share basis.
How many employees does InterRent Real Estate Investment Trust have?: The company 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 the company is www.interrentreit.com. The company can be reached via phone at (613) 569-5699 or via email at info@interrentreit.com.

This page (OTCMKTS:IIPZF) was last updated on 10/3/2022 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

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. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

InterRent Real Estate Investment Trust - IIPZF Stock Forecast, Price & News

InterRent Real Estate Investment Trust MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month