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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
TSE:IIP.UN

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

C$14.12
+0.06 (+0.43%)
(As of 01/27/2023 12:00 AM ET)
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Compare
Today's Range
C$14.00
C$14.23
50-Day Range
C$12.10
C$14.24
52-Week Range
C$10.79
C$16.65
Volume
416,756 shs
Average Volume
297,032 shs
Market Capitalization
C$2.00 billion
P/E Ratio
6.57
Dividend Yield
2.56%
Price Target
C$15.68

Interrent Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
10.9% Upside
C$15.66 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.26mentions of Interrent Real Estate Investment Trust in the last 14 days
Based on 4 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.

2.12 out of 5 stars


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

InterRent REIT Announces November 2022 Distributions
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
InterRent REIT Announces October 2022 Distributions
Stocks in play: InterRent REIT
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Truly Passive Real Estate Investing
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
Today
1/29/2023
Ex-Dividend for 2/15 Dividend
1/30/2023
Dividend Payable
2/15/2023
Next Earnings (Estimated)
3/06/2023

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$15.66
High Stock Price Forecast
C$18.00
Low Stock Price Forecast
C$14.00
Forecasted Upside/Downside
+11.0%
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$209.85 million
Cash Flow
C$0.02 per share
Book Value
C$18.42 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.00 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 equities research 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 4 buy ratings for the stock. The consensus among Wall Street equities 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 2023?

5 brokerages have issued 12 month price objectives for Interrent Real Estate Investment Trust's stock. Their IIP.UN share price forecasts range from C$14.00 to C$18.00. On average, they expect the company's share price to reach C$15.66 in the next twelve months. This suggests a possible upside of 10.9% 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 increased by 10.3% and is now trading at C$14.12.
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. Investors of record on Wednesday, February 15th will be paid 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 2.55%. 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$14.12.

How much money does Interrent Real Estate Investment Trust make?

Interrent Real Estate Investment Trust (TSE:IIP.UN) has a market capitalization of C$2.00 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 1/29/2023 by MarketBeat.com Staff