OTCMKTS:IIPZF

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

$10.49

0.00 (0.00%)

(As of 01/31/2023 12:00 AM ET)

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Today's Range: $10.49
▼
$10.49
50-Day Range: $9.20
▼
$10.49
52-Week Range: $8.06
▼
$13.05

Volume: 9 shs
Average Volume: 242 shs
Market Capitalization: $1.48 billion

P/E Ratio: 6.28
Dividend Yield: 2.56%
Price Target: $16.41

InterRent Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating: Strong Buy
3.50 Rating Score
Upside/Downside: 59.3% Upside
$16.72 Price Target
Short Interest: Bearish
0.36% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.04
Based on 2 Articles This Week
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.

2.56 out of 5 stars

3.8

Analyst's Opinion

Consensus Rating
InterRent Real Estate Investment Trust has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.72, InterRent Real Estate Investment Trust has a forecasted upside of 59.3% from its current price of $10.49.
Amount of Analyst Coverage
InterRent Real Estate Investment Trust has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
0.36% 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 626.4, which indicates bearish sentiment.
Change versus previous month
Short interest in InterRent Real Estate Investment Trust has recently increased by 4.07%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
InterRent Real Estate Investment Trust pays a meaningful dividend of 2.56%, 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 15.57%. 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 1.04. 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 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles 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 6.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.20.
Price to Earnings Ratio vs. Sector
The P/E ratio of InterRent Real Estate Investment Trust is 6.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 187.70.
Price to Book Value per Share Ratio
InterRent Real Estate Investment Trust has a P/B Ratio of 0.76. 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 Real Estate Investment Trust engages in the acquisition and ownership of properties. It focuses on investment in residential multi-family producing properties and possession of additional and accretive properties. The company was founded on October 10, 2006 and is headquartered in Ottawa, Canada.

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IIPZF Stock News Headlines

January 27, 2023 | finance.yahoo.com

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

January 17, 2023 | finance.yahoo.com

InterRent REIT Announces January 2023 Distributions

January 31, 2023 | Investor Place Media (Ad)

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January 3, 2023 | msn.com

Home REIT investment adviser moves to distance itself from troubled firm ahead of US listing

December 16, 2022 | finance.yahoo.com

InterRent REIT Announces December 2022 Distributions

November 10, 2022 | finance.yahoo.com

InterRent REIT Achieves Same Property NOI Growth of 12.4% Leading to 11th Consecutive Year of Distribution Increases

October 22, 2022 | cnbc.com

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September 16, 2022 | finance.yahoo.com

InterRent REIT Announces September 2022 Distributions

January 31, 2023 | Investor Place Media (Ad)

Cash Holders STILL Aren't Taking Steps to Prepare

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

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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IIPZF Company Calendar

Today: 1/31/2023
Next Earnings (Estimated): 3/06/2023
Fiscal Year End: 12/31/2023

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: $16.72
High Stock Price Forecast: $20.00
Low Stock Price Forecast: $14.50
Forecasted Upside/Downside: +56.3%
Consensus Rating: Strong Buy
Rating Score (0-4): 3.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.67
Trailing P/E Ratio: 6.28
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $294.97 million
Net Margins: 145.82%
Pretax Margin: 145.93%
Return on Equity: 12.10%
Return on Assets: 7.16%

Debt

Debt-to-Equity Ratio: 0.62
Current Ratio: 0.35
Quick Ratio: 0.35

Sales & Book Value

Annual Sales: $147.71 million
Price / Sales: 10.03
Cash Flow: $2.11 per share
Price / Cash Flow: 4.98
Book Value: $13.77 per share
Price / Book: 0.76

Miscellaneous

Outstanding Shares: 141,133,000
Free Float: N/A
Market Cap: $1.48 billion
Optionable: Not Optionable
Beta: 0.63

Key Executives

Brad Cutsey
President, Chief Executive Officer & Director

Dave Nevins
Chief Operating Officer

Curt Millar
Chief Financial Officer

Will Chan
Chief Information Officer

Chris Willoughby
Vice President-Marketing

Key Competitors

View All Competitors

IIPZF Stock - Frequently Asked Questions

Should I buy or sell InterRent Real Estate Investment Trust stock right now?: 2 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 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" IIPZF shares.
View IIPZF analyst ratings or view top-rated stocks.
What is InterRent Real Estate Investment Trust's stock price forecast for 2023?: 2 analysts have issued 1-year target prices for InterRent Real Estate Investment Trust's stock. Their IIPZF share price forecasts range from $14.50 to $20.00. On average, they anticipate the company's share price to reach $16.72 in the next twelve months. This suggests a possible upside of 59.3% 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 2023?: InterRent Real Estate Investment Trust's stock was trading at $9.4741 on January 1st, 2023. Since then, IIPZF shares have increased by 10.8% and is now trading at $10.4940.
View the best growth stocks for 2023 here.
Are investors shorting InterRent Real Estate Investment Trust?: InterRent Real Estate Investment Trust saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 481,500 shares, an increase of 170.4% from the December 15th total of 178,100 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 963.0 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, March 6th 2023.
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 2.56%. The dividend payout ratio is 15.57%. 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 $10.49.
How much money does InterRent Real Estate Investment Trust make?: InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) has a market capitalization of $1.48 billion and generates $147.71 million in revenue each year. The company earns $294.97 million in net income (profit) each year or $1.67 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 1/31/2023 by MarketBeat.com Staff

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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

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

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

IIPZF Stock News Headlines

IIPZF Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

IIPZF Stock - Frequently Asked Questions

Overall MarketRank^™