TSE:IIP.UN 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. C$12.18 +0.02 (+0.16%) (As of 06/28/2022 12:00 AM ET) Add Compare Share Today's RangeC$12.10▼C$12.3750-Day RangeC$11.97▼C$15.3852-Week RangeC$11.85▼C$18.64Volume202,553 shsAverage Volume419,424 shsMarket CapitalizationC$1.71 billionP/E Ratio4.73Dividend Yield2.81%Price TargetC$18.32 ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive IIP.UN 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 IIP.UN Stock Forecast (MarketRank)Overall MarketRank™2.35 out of 5 starsAnalyst Opinion: 3.4Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 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 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$18.32, Interrent Real Estate Investment Trust has a forecasted upside of 50.4% from its current price of C$12.18.Amount of Analyst CoverageInterrent Real Estate Investment Trust has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Community Rank Outperform VotesInterrent Real Estate Investment Trust has received 255 “outperform” votes. (Add your “outperform” vote.)Underperform VotesInterrent Real Estate Investment Trust has received 176 “underperform” votes. (Add your “underperform” vote.)Community SentimentInterrent Real Estate Investment Trust has received 59.16% “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 IIP.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IIP.UN 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 2.81%, 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 12.90%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Interrent Real Estate Investment Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$64,960.00 in 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 4.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Interrent Real Estate Investment Trust is 4.73, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 32.61.Price to Book Value per Share RatioInterrent Real Estate Investment Trust has a P/B Ratio of 0.68. 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 (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.Read More IIP.UN Stock News HeadlinesJune 7, 2022 | americanbankingnews.comInterrent Real Estate Investment Trust (TSE:IIP.UN) Share Price Passes Below Fifty Day Moving Average of $14.18May 11, 2022 | msn.comInterRent REIT Stock Q1 2022 Earnings Results: Investor TakeawaysMay 2, 2022 | msn.com2 of the Best Real Estate Stocks You Can Buy for GrowthApril 21, 2022 | fool.ca5 of the Best Canadian REITs to Buy Today!April 14, 2022 | ca.finance.yahoo.comTruly Passive Real Estate InvestingApril 9, 2022 | msn.comWhat’s the Easiest Way to Grow Your Capital? Buy the Best Canadian Stocks and WaitMarch 14, 2022 | msn.com2 Canadian Stocks to Buy for Monthly Passive IncomeMarch 8, 2022 | finance.yahoo.comOperating Improvements Across the Board in Q4 2021 Cap off a Year of Progress for InterRent REITFebruary 27, 2022 | msn.com2 Top Real Estate Stocks to Buy and Hold for YearsDecember 27, 2021 | msn.com2022 TFSA Limit: 3 Top Canadian Stocks to BuyDecember 18, 2021 | sg.finance.yahoo.comBoussard & Gavaudan Investment Management LLP: Form 8.3 - NortonLifeLock Inc.December 11, 2021 | msn.comIndustry Experts: Home Prices Surge 14% But There’s No BubbleDecember 8, 2021 | msn.com3 Unstoppable Canadian Growth Stocks You Can Buy Right Now for Less Than $100See More Headlines Industry, Sector and Symbol Stock ExchangeTSE Industry REIT - Residential Sub-IndustryN/A SectorReal Estate Current SymbolTSE:IIP.UN Previous SymbolTSE:IIP..UN CUSIPN/A CIKN/A Webwww.interrentreit.com Phone+1-613-5695699FaxN/AEmployees359Year FoundedN/ACompany Calendar Ex-Dividend for 5/16 Dividend4/28/2022Dividend Payable5/16/2022Today6/29/2022Price Target and Rating Average Stock Price ForecastC$18.32 High Stock Price ForecastC$20.25 Low Stock Price ForecastC$15.50 Forecasted Upside/Downside+50.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio4.73 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio63.60 Current Ratio0.12 Quick Ratio0.06 Sales & Book Value Annual SalesC$194.00 million Price / Sales8.83 Cash FlowC$0.01 per share Price / Cash Flow1,530.00 Book ValueC$17.85 per share Price / Book0.68Miscellaneous Outstanding Shares140,664,000Free FloatN/AMarket CapC$1.71 billion OptionableNot Optionable BetaN/A Interrent Real Estate Investment Trust Frequently Asked Questions Should I buy or sell Interrent Real Estate Investment Trust stock right now? 4 Wall Street 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 3 buy ratings for the stock. The consensus among Wall Street 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? 4 Wall Street research analysts have issued 12 month target prices for Interrent Real Estate Investment Trust's shares. Their IIP.UN stock forecasts range from C$15.50 to C$20.25. On average, they predict Interrent Real Estate Investment Trust's share price to reach C$18.32 in the next year. This suggests a possible upside of 50.4% 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 price performed in 2022? Interrent Real Estate Investment Trust's stock was trading at C$17.31 on January 1st, 2022. Since then, IIP.UN stock has decreased by 29.6% and is now trading at C$12.18. View the best growth stocks for 2022 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 Thursday, April 28th. Stockholders of record on Monday, May 16th will be paid a dividend of 0.0285 per share on Monday, May 16th. This represents a $0.34 annualized dividend and a yield of 2.81%. The ex-dividend date is Thursday, April 28th. This is a positive change from Interrent Real Estate Investment Trust's previous monthly dividend of C$0.03. View Interrent Real Estate Investment Trust's dividend history. Is Interrent Real Estate Investment Trust a good dividend stock? Interrent Real Estate Investment Trust(TSE:IIP.UN) pays an annual dividend of C$0.33 per share and currently has a dividend yield of 2.81%. The dividend payout ratio of Interrent Real Estate Investment Trust is 12.90%. 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, CEO & TrusteeMr. Bradley Cutsey, Pres (Age 46)Mr. Curt Millar CPA, CA, Chief Financial OfficerMr. Dave Nevins, Chief Operating OfficerMr. Will Chan, Chief Information 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 Northview Apartment REIT (NVU.UN), Boardwalk REIT (BEI.UN), Killam Apartment REIT (KMP.UN), Pure Multi-Family REIT (RUF.UN), Pure Multi-Family REIT (RUF.UN), Morguard North American Residential REIT (MRG.UN), Empiric Student Property (ESP), Minto Apartment Real Estate Invt Trust (MI.UN), Sigma Capital Group (SGM), KCR Residential REIT (KCR), Altarea SCA (ATRRF), CIVS SOCI / RED PREF (CSHC), First Real Estate Investment Trust of New Jersey (FREVS), Ingenia Communities Group (INA) and InterRent Real Estate Investment Trust (IBVA). View all of IIP.UN's competitors. What is Interrent Real Estate Investment Trust's stock symbol? Interrent Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "IIP.UN." How do I buy shares of Interrent Real Estate Investment Trust? Shares of IIP.UN 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. What is Interrent Real Estate Investment Trust's stock price today? One share of IIP.UN stock can currently be purchased for approximately C$12.18. How much money does Interrent Real Estate Investment Trust make? Interrent Real Estate Investment Trust (TSE:IIP.UN) has a market capitalization of C$1.71 billion and generates C$194.00 million in revenue each year. How many employees does Interrent Real Estate Investment Trust have? Interrent Real Estate Investment Trust employs 359 workers across the globe. How can I contact Interrent Real Estate Investment Trust? Interrent Real Estate Investment Trust's mailing address is 485 Bank St Suite 207, OTTAWA, ON K2P 1Z2, Canada. The official website for Interrent Real Estate Investment Trust is www.interrentreit.com. The real estate investment trust can be reached via phone at +1-613-5695699. This page (TSE:IIP.UN) 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. View which stocks are hot on social media with MarketBeat's trending stocks report. 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