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QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ally Financial expands NASCAR spend with 2 new partnerships
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ally Financial expands NASCAR spend with 2 new partnerships
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ally Financial expands NASCAR spend with 2 new partnerships
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Biden's State of the Union to tout policy wins on economy
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ally Financial expands NASCAR spend with 2 new partnerships
'Knock at the Cabin' knocks off 'Avatar' at the box office
TSE:IIP.UN

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

C$14.75
+0.05 (+0.34%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
C$14.50
▼
C$14.76
50-Day Range
C$12.11
▼
C$14.82
52-Week Range
C$10.79
▼
C$16.65
Volume
501,657 shs
Average Volume
347,502 shs
Market Capitalization
C$2.09 billion
P/E Ratio
6.86
Dividend Yield
2.56%
Price Target
C$15.88

Interrent Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
7.6% Upside
C$15.88 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.25mentions of Interrent Real Estate Investment Trust in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$89,810 Sold Last Quarter
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.

1.74 out of 5 stars

See Top Rated MarketRank™ Stocks Here
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

February 2, 2023 | americanbankingnews.com
National Bankshares Boosts Interrent Real Estate Investment Trust (TSE:IIP.UN) Price Target to C$15.75
January 28, 2023 | americanbankingnews.com
Interrent Real Estate Investment Trust (TSE:IIP.UN) Price Target Increased to C$15.50 by Analysts at Canaccord Genuity Group
February 5, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
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
February 5, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
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
May 2, 2022 | msn.com
2 of the Best Real Estate Stocks You Can Buy for Growth
April 21, 2022 | fool.ca
5 of the Best Canadian REITs to Buy Today!
April 14, 2022 | ca.finance.yahoo.com
Truly Passive Real Estate Investing
April 9, 2022 | msn.com
What’s the Easiest Way to Grow Your Capital? Buy the Best Canadian Stocks and Wait
March 14, 2022 | msn.com
2 Canadian Stocks to Buy for Monthly Passive Income
March 8, 2022 | finance.yahoo.com
Operating Improvements Across the Board in Q4 2021 Cap off a Year of Progress for InterRent REIT
February 27, 2022 | msn.com
2 Top Real Estate Stocks to Buy and Hold for Years
December 27, 2021 | msn.com
2022 TFSA Limit: 3 Top Canadian Stocks to Buy
December 18, 2021 | sg.finance.yahoo.com
Boussard & Gavaudan Investment Management LLP: Form 8.3 - NortonLifeLock Inc.
December 11, 2021 | msn.com
Industry Experts: Home Prices Surge 14% But There’s No Bubble
December 8, 2021 | msn.com
3 Unstoppable Canadian Growth Stocks You Can Buy Right Now for Less Than $100
November 18, 2021 | msn.com
3 Stocks I Own and Will Add to if the Stock Market Crashes
See More Headlines
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IIP.UN Company Calendar

Ex-Dividend for 12/9 Dividend
11/29/2022
Dividend Payable
12/09/2022
Ex-Dividend for 2/15 Dividend
1/30/2023
Today
2/05/2023
Dividend Payable
2/15/2023
Next Earnings (Estimated)
3/06/2023
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 Forecast
C$15.88
High Stock Price Forecast
C$18.00
Low Stock Price Forecast
C$14.50
Forecasted Upside/Downside
+7.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
6.86
Forward P/E Ratio
26.34
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
64.59
Current Ratio
0.07
Quick Ratio
0.04

Sales & Book Value

Annual Sales
C$209.85 million
Price / Sales
9.95
Cash Flow
C$0.02 per share
Price / Cash Flow
740.59
Book Value
C$18.42 per share
Price / Book
0.80

Miscellaneous

Outstanding Shares
141,566,000
Free Float
N/A
Market Cap
C$2.09 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions













IIP.UN Stock - 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 year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street 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 2023?

5 brokerages have issued twelve-month price objectives for Interrent Real Estate Investment Trust's shares. Their IIP.UN share price forecasts range from C$14.50 to C$18.00. On average, they predict the company's stock price to reach C$15.88 in the next year. This suggests a possible upside of 7.6% 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 the year. Since then, IIP.UN shares have increased by 15.2% and is now trading at C$14.75.
View the best growth stocks for 2023 here.

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 IIP.UN earnings forecast.

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 Monday, January 30th. Shareholders of record on Wednesday, February 15th will be given a dividend of 0.03 per share on Wednesday, February 15th. This represents a $0.36 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date is Monday, January 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$0.34 per share and currently has a dividend yield of 2.56%. The dividend payout ratio is 15.84%. 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$14.75.

How much money does Interrent Real Estate Investment Trust make?

Interrent Real Estate Investment Trust (TSE:IIP.UN) has a market capitalization of C$2.09 billion and generates C$209.85 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 2/5/2023 by MarketBeat.com Staff