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

0 analysts have issued twelve-month price objectives for InterRent Real Estate Investment Trust's shares. Their IIPZF share price targets range from $16.50 to $18.00. On average, they predict the company's stock price to reach $17.44 in the next twelve months. This suggests a possible upside of 100.9% 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 2024?

InterRent Real Estate Investment Trust's stock was trading at $9.9225 on January 1st, 2024. Since then, IIPZF stock has decreased by 12.5% and is now trading at $8.68. View the best growth stocks for 2024 here .

Are investors shorting InterRent Real Estate Investment Trust?

InterRent Real Estate Investment Trust saw a decrease in short interest in March. As of March 31st, there was short interest totaling 880,300 shares, a decrease of 23.3% from the March 15th total of 1,147,500 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 1,760.6 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 Tuesday, May 7th 2024. 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 $0.16 per share and currently has a dividend yield of 1.80%. The dividend payout ratio is 34.04%. This payout ratio is at a healthy, sustainable level, below 75%. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:IIPZF

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

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$8.68

0.00 (0.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: $8.68
▼
$8.68
50-Day Range: $8.68
▼
$10.01
52-Week Range: $8.38
▼
$10.14

Volume: N/A
Average Volume: 250 shs
Market Capitalization: $1.26 billion

P/E Ratio: 18.47
Dividend Yield: 1.84%
Price Target: $17.44

Stock Analysis Analyst Forecasts Chart Dividend Headlines Short Interest

Get InterRent Real Estate Investment Trust alerts:

InterRent Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 100.9% Upside
$17.44 Price Target
Short Interest: Healthy
0.61% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.59
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.79 out of 5 stars

2.0

Analyst's Opinion

Amount of Analyst Coverage
InterRent Real Estate Investment Trust has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.61% 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 1760.6, which indicates bearish sentiment.
Change versus previous month
Short interest in InterRent Real Estate Investment Trust has recently decreased by 23.29%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
InterRent Real Estate Investment Trust pays a meaningful dividend of 1.80%, 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 34.04%. 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.

3.1

News and Social Media Coverage

News Sentiment
InterRent Real Estate Investment Trust has a news sentiment score of 1.59. 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 0.59 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles 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.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of InterRent Real Estate Investment Trust is 18.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of InterRent Real Estate Investment Trust is 18.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.68.
Price to Book Value per Share Ratio
InterRent Real Estate Investment Trust has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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)?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 Price History

30 days | 90 days | 365 days | Advanced Chart

IIPZF Stock News Headlines

April 16, 2024 | finance.yahoo.com

INTERRENT REIT ANNOUNCES APRIL 2024 DISTRIBUTIONS

April 15, 2024 | finance.yahoo.com

INTERRENT REIT ANNOUNCES TIMING OF FIRST QUARTER 2024 RESULTS AND CONFERENCE CALL

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 27, 2024 | msn.com

First Trust S&P REIT Index Fund ETF declares $0.0975 dividend

March 16, 2024 | seekingalpha.com

Federal Realty Investment: A Top-Of-Class REIT With A 4.3% Yield

March 2, 2024 | seekingalpha.com

InterRent Real Estate Investment Trust (IIPZF) Q4 2023 Earnings Call Transcript

February 27, 2024 | msn.com

First Real Estate Investment Trust (FESNF) Declares $0.00 Dividend

February 22, 2024 | markets.businessinsider.com

Analysts’ Top Real Estate Picks: Whitestone REIT (WSR), Tpg Re Finance (TRTX)

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 16, 2024 | finance.yahoo.com

INTERRENT REIT ANNOUNCES FEBRUARY 2024 DISTRIBUTIONS

January 24, 2024 | finance.yahoo.com

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

January 16, 2024 | finance.yahoo.com

INTERRENT REIT ANNOUNCES JANUARY 2024 DISTRIBUTIONS

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 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

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

See More Headlines

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Company Calendar

Today: 4/18/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Finance
Industry: Real estate investment trusts
Sub-Industry: N/A
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: $17.44
High Stock Price Target: $18.00
Low Stock Price Target: $16.50
Potential Upside/Downside: +100.9%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.47
Trailing P/E Ratio: 18.47
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $68.32 million
Net Margins: 38.61%
Pretax Margin: -18.96%
Return on Equity: 3.54%
Return on Assets: 2.07%

Debt

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

Sales & Book Value

Annual Sales: $175.65 million
Price / Sales: 7.17
Cash Flow: $0.57 per share
Price / Cash Flow: 15.14
Book Value: $13.61 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 145,180,000
Free Float: 135,312,000
Market Cap: $1.26 billion
Optionable: Not Optionable
Beta: 0.72

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Key Executives

Mr. Bradley Cutsey C.F.A. (Age 51)
President, CEO & Trustee
Comp: $1.09M
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

What is InterRent Real Estate Investment Trust's stock price target for 2024?: 0 analysts have issued twelve-month price objectives for InterRent Real Estate Investment Trust's shares. Their IIPZF share price targets range from $16.50 to $18.00. On average, they predict the company's stock price to reach $17.44 in the next twelve months. This suggests a possible upside of 100.9% 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 2024?: InterRent Real Estate Investment Trust's stock was trading at $9.9225 on January 1st, 2024. Since then, IIPZF stock has decreased by 12.5% and is now trading at $8.68.
View the best growth stocks for 2024 here.
Are investors shorting InterRent Real Estate Investment Trust?: InterRent Real Estate Investment Trust saw a decrease in short interest in March. As of March 31st, there was short interest totaling 880,300 shares, a decrease of 23.3% from the March 15th total of 1,147,500 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 1,760.6 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 Tuesday, May 7th 2024.
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 $0.16 per share and currently has a dividend yield of 1.80%. The dividend payout ratio is 34.04%. This payout ratio is at a healthy, sustainable level, below 75%.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:IIPZF) was last updated on 4/19/2024 by MarketBeat.com Staff

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

InterRent Real Estate Investment Trust MarketRank™ Stock Analysis

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 Stock (OTCMKTS:IIPZF)

IIPZF Stock Price History

IIPZF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

IIPZF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™