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S&P 500   3,678.43
DOW   29,490.89
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The U.S. Solution to China's Copper Grab (Ad)
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The U.S. Solution to China's Copper Grab (Ad)
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Fraud, scam cases increasing on Zelle, Senate report finds
S&P 500   3,678.43
DOW   29,490.89
QQQ   273.53
Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
The U.S. Solution to China's Copper Grab (Ad)
Here’s What Makes Amazon a Sum-of-All-Parts Commerce Juggernaut
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The U.S. Solution to China's Copper Grab (Ad)
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3 Stocks Growing Their Businesses for 2023
The U.S. Solution to China's Copper Grab (Ad)
China-Based EV Maker BYD Set For Big European, Japanese Expansion
Fraud, scam cases increasing on Zelle, Senate report finds
S&P 500   3,678.43
DOW   29,490.89
QQQ   273.53
Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
The U.S. Solution to China's Copper Grab (Ad)
Here’s What Makes Amazon a Sum-of-All-Parts Commerce Juggernaut
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The U.S. Solution to China's Copper Grab (Ad)
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3 Stocks Growing Their Businesses for 2023
The U.S. Solution to China's Copper Grab (Ad)
China-Based EV Maker BYD Set For Big European, Japanese Expansion
Fraud, scam cases increasing on Zelle, Senate report finds
TSE:IIP.UN

Interrent Real Estate Investment Trust - IIP.UN Stock Forecast, Price & News

C$11.66
+0.19 (+1.66%)
(As of 10/3/2022 12:00 AM ET)
Add
Compare
Today's Range
C$11.47
C$11.73
50-Day Range
C$11.10
C$13.40
52-Week Range
C$10.98
C$18.64
Volume
302,339 shs
Average Volume
393,289 shs
Market Capitalization
C$1.65 billion
P/E Ratio
4.37
Dividend Yield
2.98%
Price Target
C$17.11
IIP.UN stock logo

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

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IIP.UN Stock News Headlines

Biden Warns: China Could "Eat Our Lunch" When it Comes to Lithium
Pres. Biden recently warned about China's dominance when it comes to lithium demand, stating, "if we don't get moving, they're going to eat our lunch." One junior mining company in South America is looking to become a strong link in the lithium supply chain due to a monster acquisition.
Stocks in play: InterRent REIT
Biden Warns: China Could "Eat Our Lunch" When it Comes to Lithium
Pres. Biden recently warned about China's dominance when it comes to lithium demand, stating, "if we don't get moving, they're going to eat our lunch." One junior mining company in South America is looking to become a strong link in the lithium supply chain due to a monster acquisition.
Truly Passive Real Estate Investing
See More Headlines
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IIP.UN Company Calendar

Ex-Dividend for 8/15 Dividend
7/28/2022
Dividend Payable
8/15/2022
Today
10/04/2022

Industry, Sector and Symbol

Industry
REIT - Residential
Sub-Industry
N/A
Current Symbol
TSE:IIP.UN
Previous Symbol
TSE:IIP..UN
CIK
N/A
Fax
N/A
Employees
359
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$17.11
High Stock Price Forecast
C$20.00
Low Stock Price Forecast
C$14.00
Forecasted Upside/Downside
+46.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$201.86 million
Cash Flow
C$0.04 per share
Book Value
C$18.30 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.65 billion
Optionable
Not Optionable
Beta
N/A

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













IIP.UN Stock - Frequently Asked Questions

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

5 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 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IIP.UN shares.
View IIP.UN analyst ratings
or view top-rated stocks.

What is Interrent Real Estate Investment Trust's stock price forecast for 2022?

5 Wall Street analysts have issued 12-month target prices for Interrent Real Estate Investment Trust's stock. Their IIP.UN share price forecasts range from C$14.00 to C$20.00. On average, they predict the company's share price to reach C$17.11 in the next year. This suggests a possible upside of 46.7% 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 2022?

Interrent Real Estate Investment Trust's stock was trading at C$17.31 at the beginning of 2022. Since then, IIP.UN stock has decreased by 32.6% and is now trading at C$11.66.
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 declared a monthly dividend on Thursday, July 28th. Investors of record on Monday, August 15th will be paid a dividend of 0.0285 per share on Monday, August 15th. This represents a $0.34 annualized dividend and a yield of 2.93%. The ex-dividend date is Thursday, July 28th.
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$0.34 per share and currently has a dividend yield of 2.98%. The dividend payout ratio is 12.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IIP.UN.

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 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.

What is Interrent Real Estate Investment Trust's stock price today?

One share of IIP.UN stock can currently be purchased for approximately C$11.66.

How much money does Interrent Real Estate Investment Trust make?

Interrent Real Estate Investment Trust (TSE:IIP.UN) has a market capitalization of C$1.65 billion and generates C$201.86 million in revenue each year.

How many employees does Interrent Real Estate Investment Trust have?

The company 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 the company 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 10/4/2022 by MarketBeat.com Staff

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