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S&P 500   4,550.43
DOW   35,333.47
QQQ   389.17
Is Microsoft the NVIDIA Killer? 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Give up the OPEC fight with these 3 stocks, Buffett-certified
AI revolution: 3 stocks set to soar as technology evolves
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Teva Pharma is the way to play the re-rise of generic drugs
3 reasons a squeeze could be in Paramount's coming attractions
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
BellRing Brands gets pumped on the Ozempic weight-loss trend
Americans Ditched Big Cities During the Pandemic. Now Many Are Regretting It.
S&P 500   4,550.43
DOW   35,333.47
QQQ   389.17
Is Microsoft the NVIDIA Killer? 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Give up the OPEC fight with these 3 stocks, Buffett-certified
AI revolution: 3 stocks set to soar as technology evolves
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Teva Pharma is the way to play the re-rise of generic drugs
3 reasons a squeeze could be in Paramount's coming attractions
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
BellRing Brands gets pumped on the Ozempic weight-loss trend
Americans Ditched Big Cities During the Pandemic. Now Many Are Regretting It.
S&P 500   4,550.43
DOW   35,333.47
QQQ   389.17
Is Microsoft the NVIDIA Killer? 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Give up the OPEC fight with these 3 stocks, Buffett-certified
AI revolution: 3 stocks set to soar as technology evolves
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Teva Pharma is the way to play the re-rise of generic drugs
3 reasons a squeeze could be in Paramount's coming attractions
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
BellRing Brands gets pumped on the Ozempic weight-loss trend
Americans Ditched Big Cities During the Pandemic. Now Many Are Regretting It.

Interrent Real Estate Investment Trust Stock Price, News & Analysis (TSE:IIP.UN)

C$12.10
+0.10 (+0.83%)
(As of 11/27/2023 ET)
Compare
Today's Range
C$11.90
▼
C$12.19
50-Day Range
C$11.54
▼
C$13.26
52-Week Range
C$11.43
▼
C$15.13
Volume
223,650 shs
Average Volume
287,505 shs
Market Capitalization
C$1.75 billion
P/E Ratio
N/A
Dividend Yield
3.14%
Price Target
C$15.03
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades

Interrent Real Estate Investment Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
24.2% Upside
C$15.03 Price Target
Short Interest
N/A
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.

1.46 out of 5 stars

See Top Rated MarketRank™ Stocks Here

IIP.UN stock logo

About Interrent Real Estate Investment Trust Stock (TSE:IIP.UN)

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: (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.

IIP.UN Stock Price History

IIP.UN Stock News Headlines

November 23, 2023 | americanbankingnews.com
Interrent Real Estate Investment Trust (TSE:IIP.UN) Share Price Passes Below 200-Day Moving Average of $12.67
November 16, 2023 | ca.finance.yahoo.com
INTERRENT REIT ANNOUNCES NOVEMBER 2023 DISTRIBUTIONS
November 28, 2023 | DTI Trader (Ad)
Important info on NVDA trade
Today, I’m pulling back the curtain on my all-new Everyday Income project. A way for everyday folks to target a couple hundred bucks or more every single day the markets are open… Without breaking a sweat!
November 1, 2023 | finance.yahoo.com
INTERRENT REIT CONTINUES DOUBLE-DIGIT NOI EXPANSION AND STRENGTHENING FFO/UNIT GROWTH IN Q3 2023
August 24, 2023 | msn.com
Lanesborough Real Estate Investment Trust reports Q2 results
August 11, 2023 | msn.com
2 Canadian Stocks to Buy After Smashing Earnings
August 2, 2023 | finanznachrichten.de
InterRent REIT Reports 15% Same Property NOI Growth and Accelerated NOI Margin Expansion in Q2 2023
June 30, 2023 | msn.com
Value Investors: 3 Once-in-a-Decade Discounts to Buy Now
November 28, 2023 | DTI Trader (Ad)
Important info on NVDA trade
Today, I’m pulling back the curtain on my all-new Everyday Income project. A way for everyday folks to target a couple hundred bucks or more every single day the markets are open… Without breaking a sweat!
June 16, 2023 | finance.yahoo.com
InterRent REIT Announces June 2023 Distributions
June 16, 2023 | msn.com
InterRent Real Estate Investment Trust declares $0.03 dividend
June 13, 2023 | finance.yahoo.com
InterRent Announces Voting Results from the 2023 Annual Meeting
April 26, 2023 | theglobeandmail.com
Closing Bell: Interrent Real Estate Investment Trust down on Tuesday (IIP-UN)
April 19, 2023 | theglobeandmail.com
Closing Bell: Interrent Real Estate Investment Trust down on Wednesday (IIP-UN)
April 17, 2023 | theglobeandmail.com
Closing Bell: Interrent Real Estate Investment Trust down on Monday (IIP-UN)
February 17, 2023 | seekingalpha.com
IIP.UN:CA InterRent Real Estate Investment Trust
December 6, 2022 | nz.finance.yahoo.com
InterRent REIT Announces November 2022 Distributions
October 18, 2022 | technews.tmcnet.com
InterRent REIT Announces October 2022 Distributions
September 29, 2022 | msn.com
3 TSX Stocks That Could Make You a Millionaire
August 11, 2022 | ca.finance.yahoo.com
TFSA Investors: 2 Top Stocks to Buy Before They Rally Any Further
August 9, 2022 | ca.finance.yahoo.com
Stocks in play: InterRent REIT
August 9, 2022 | finance.yahoo.com
Interrent REIT Sees Strong Momentum Building at End of Q2 and Into Q3 as Demand Returns to More Normalized Levels
July 30, 2022 | theglobeandmail.com
Interrent Real Estate Investment Trust stock advanced on Friday.
July 26, 2022 | msn.com
Are You 1 of the Millions of Canadians Making This TFSA Mistake?
July 12, 2022 | msn.com
Real Estate Falling: 2 Dropping REITs to Buy Soon
July 9, 2022 | theglobeandmail.com
Interrent Real Estate Investment Trust stock shrank on Tuesday.
May 11, 2022 | msn.com
InterRent REIT Stock Q1 2022 Earnings Results: Investor Takeaways
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/30/2023
Dividend Payable
9/15/2023
Today
11/28/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
REIT - Residential
Sub-Industry
N/A
Sector
Real Estate
Current Symbol
TSE:IIP.UN
Previous Symbol
TSE:IIP..UN
CUSIP
N/A
CIK
N/A
Web
www.interrentreit.com
Phone
+1-613-5695699
Fax
N/A
Employees
359
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$15.03
High Stock Price Target
C$16.00
Low Stock Price Target
C$13.50
Potential Upside/Downside
+24.2%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C($0.26)
Trailing P/E Ratio
N/A
Forward P/E Ratio
19.81
P/E Growth
N/A
Net Income
C$-35,960,000.00
Net Margins
-15.23%
Pretax Margin
N/A
Return on Equity
-1.39%
Return on Assets
1.92%

Debt

Debt-to-Equity Ratio
67.61
Current Ratio
0.13
Quick Ratio
0.04

Sales & Book Value

Annual Sales
C$236.06 million
Price / Sales
7.41
Cash Flow
C$0.02 per share
Price / Cash Flow
740.59
Book Value
C$17.70 per share
Price / Book
0.68

Miscellaneous

Outstanding Shares
144,490,000
Free Float
N/A
Market Cap
C$1.75 billion
Optionable
Not Optionable
Beta
1.02
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Key Executives

  • Mr. Michael Darryl McGahan
    CEO & Trustee
  • Mr. Bradley Cutsey (Age 46)
    Pres
  • Mr. Curt Millar CPA
    CA, Chief Financial Officer
  • Mr. Dave Nevins
    Chief Operating Officer
  • Mr. Will Chan
    Chief Information Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions














IIP.UN Stock Analysis - Frequently Asked Questions

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interrent Real Estate Investment Trust in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" IIP.UN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IIP.UN, but not buy additional shares or sell existing shares.
View IIP.UN analyst ratings or view top-rated stocks.

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

5 Wall Street research analysts have issued twelve-month price targets for Interrent Real Estate Investment Trust's stock. Their IIP.UN share price targets range from C$13.50 to C$16.00. On average, they anticipate the company's share price to reach C$15.03 in the next year. This suggests a possible upside of 24.2% from the stock's current price.
View analysts price targets for IIP.UN or view top-rated stocks among Wall Street analysts.

How have IIP.UN shares performed in 2023?

Interrent Real Estate Investment Trust's stock was trading at C$12.80 at the beginning of 2023. Since then, IIP.UN stock has decreased by 5.5% and is now trading at C$12.10.
View the best growth stocks for 2023 here.

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 Wednesday, August 30th. Shareholders of record on Friday, September 15th will be paid a dividend of 0.03 per share on Friday, September 15th. This represents a $0.36 annualized dividend and a yield of 2.98%. The ex-dividend date of this dividend is Wednesday, August 30th.
Read our dividend analysis for IIP.UN.

Is Interrent Real Estate Investment Trust a good dividend stock?

Interrent Real Estate Investment Trust (TSE:IIP.UN) pays an annual dividend of C$0.38 per share and currently has a dividend yield of 3.10%.
Read our dividend analysis for IIP.UN.

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

Shares of IIP.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:IIP.UN) was last updated on 11/28/2023 by MarketBeat.com Staff

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