TSE:IIP.UN Interrent Real Estate Investment Trust - IIP.UN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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$13.38 +0.23 (+1.75%) (As of 03/30/2023 04:33 PM ET) Add Compare Share Share Today's RangeC$13.23▼C$13.4350-Day RangeC$12.83▼C$14.8952-Week RangeC$10.79▼C$16.55Volume326,230 shsAverage Volume356,529 shsMarket CapitalizationC$1.90 billionP/E Ratio18.33Dividend Yield2.69%Price TargetC$15.91 ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesSocial Media About Interrent Real Estate Investment Trust (TSE:IIP.UN) StockInterRent 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 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 News HeadlinesFebruary 17, 2023 | seekingalpha.comIIP.UN:CA InterRent Real Estate Investment TrustDecember 6, 2022 | nz.finance.yahoo.comInterRent REIT Announces November 2022 DistributionsMarch 30, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. October 18, 2022 | technews.tmcnet.comInterRent REIT Announces October 2022 DistributionsSeptember 29, 2022 | msn.com3 TSX Stocks That Could Make You a MillionaireAugust 11, 2022 | ca.finance.yahoo.comTFSA Investors: 2 Top Stocks to Buy Before They Rally Any FurtherAugust 9, 2022 | ca.finance.yahoo.comStocks in play: InterRent REITAugust 9, 2022 | finance.yahoo.comInterrent REIT Sees Strong Momentum Building at End of Q2 and Into Q3 as Demand Returns to More Normalized LevelsMarch 30, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!July 30, 2022 | theglobeandmail.comInterrent Real Estate Investment Trust stock advanced on Friday.July 26, 2022 | msn.comAre You 1 of the Millions of Canadians Making This TFSA Mistake?July 12, 2022 | msn.comReal Estate Falling: 2 Dropping REITs to Buy SoonJuly 9, 2022 | theglobeandmail.comInterrent Real Estate Investment Trust stock shrank on Tuesday.May 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 $100November 18, 2021 | msn.com3 Stocks I Own and Will Add to if the Stock Market CrashesNovember 8, 2021 | finance.yahoo.comOccupancy Gains and Rental Growth in Q3 2021 Lead to 10th Consecutive Year of Distribution Increase for InterRent REITSee More Headlines 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 Company Calendar Ex-Dividend for 2/15 Dividend1/30/2023Dividend Payable2/15/2023Today3/30/2023Get Stock AlertsIndustry, 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/APrice Target and Rating Average Stock Price ForecastC$15.91 High Stock Price ForecastC$17.00 Low Stock Price ForecastC$15.50 Forecasted Upside/Downside+19.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.73 Trailing P/E Ratio18.19 Forward P/E Ratio23.82 P/E GrowthN/ANet IncomeC$103.96 million Net Margins48.03% Pretax MarginN/A Return on Equity4.23% Return on Assets2.12% Debt Debt-to-Equity Ratio68.07 Current Ratio0.16 Quick Ratio0.04 Sales & Book Value Annual SalesC$216.44 million Price / Sales8.72 Cash FlowC$0.02 per share Price / Cash Flow740.59 Book ValueC$17.60 per share Price / Book0.75Miscellaneous Outstanding Shares142,150,000Free FloatN/AMarket CapC$1.89 billion OptionableNot Optionable Beta0.98 Key ExecutivesMr. Michael Darryl McGahanCEO & TrusteeMr. Bradley Cutsey (Age 46)Pres Mr. Curt Millar CPACA, Chief Financial OfficerMr. Dave NevinsChief Operating OfficerMr. Will ChanChief Information OfficerKey CompetitorsKillam Apartment REITTSE:KMP.UNBoardwalk REITTSE:BEI.UNNorthview Apartment REITTSE:NVU.UNPure Multi-Family REITTSE:RUF.UNMorguard North American Residential REITTSE:MRG.UNView All CompetitorsInsidersRonald A. LeslieSold 7,000 sharesTotal: C$89,810.00 ($12.83/share)View All Insider Transactions IIP.UN Stock - Frequently Asked Questions Should I buy or sell Interrent Real Estate Investment Trust stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Interrent Real Estate Investment Trust in the last year. There are currently 3 hold ratings and 3 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? 6 Wall Street research analysts have issued 1 year price targets for Interrent Real Estate Investment Trust's shares. Their IIP.UN share price forecasts range from C$15.50 to C$17.00. On average, they expect the company's stock price to reach C$15.91 in the next twelve months. This suggests a possible upside of 19.8% 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 shares have increased by 3.7% and is now trading at C$13.28. 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 declared a monthly dividend on Monday, January 30th. Stockholders 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 2.71%. 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$0.36 per share and currently has a dividend yield of 2.76%. The dividend payout ratio is 49.32%. 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$13.28. How much money does Interrent Real Estate Investment Trust make? Interrent Real Estate Investment Trust (TSE:IIP.UN) has a market capitalization of C$1.89 billion and generates C$216.44 million in revenue each year. The real estate investment trust earns C$103.96 million in net income (profit) each year or C$0.73 on an earnings per share basis. 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 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. 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