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 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$14.75 +0.05 (+0.34%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$14.50▼C$14.7650-Day RangeC$12.11▼C$14.8252-Week RangeC$10.79▼C$16.65Volume501,657 shsAverage Volume347,502 shsMarket CapitalizationC$2.09 billionP/E Ratio6.86Dividend Yield2.56%Price TargetC$15.88 ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesSocial Media Interrent Real Estate Investment Trust MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside7.6% UpsideC$15.88 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.25Based on 2 Articles This WeekInsider TradingSelling SharesC$89,810 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 1.4 Analyst's Opinion Consensus RatingInterrent Real Estate Investment Trust has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$15.88, Interrent Real Estate Investment Trust has a forecasted upside of 7.6% from its current price of C$14.75.Amount of Analyst CoverageInterrent Real Estate Investment Trust has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for IIP.UN. Previous Next 1.7 Dividend Strength Dividend YieldInterrent Real Estate Investment Trust pays a meaningful dividend of 2.56%, 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 15.84%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IIP.UN. Previous Next 3.5 News and Social Media Coverage News SentimentInterrent Real Estate Investment Trust has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Interrent Real Estate Investment Trust this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Interrent Real Estate Investment Trust to their MarketBeat watchlist in the last 30 days. 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$89,810.00 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 6.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Interrent Real Estate Investment Trust is 6.86, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 217.22.Price to Book Value per Share RatioInterrent Real Estate Investment Trust has a P/B Ratio of 0.80. 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) 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 2, 2023 | americanbankingnews.comNational Bankshares Boosts Interrent Real Estate Investment Trust (TSE:IIP.UN) Price Target to C$15.75January 28, 2023 | americanbankingnews.comInterrent Real Estate Investment Trust (TSE:IIP.UN) Price Target Increased to C$15.50 by Analysts at Canaccord Genuity GroupFebruary 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks 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.comInterRent REIT Announces November 2022 DistributionsOctober 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 REITFebruary 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks 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.comInterrent REIT Sees Strong Momentum Building at End of Q2 and Into Q3 as Demand Returns to More Normalized LevelsJuly 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 CrashesSee 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 12/9 Dividend11/29/2022Dividend Payable12/09/2022Ex-Dividend for 2/15 Dividend1/30/2023Today2/05/2023Dividend Payable2/15/2023Next Earnings (Estimated)3/06/2023Get 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$15.88 High Stock Price ForecastC$18.00 Low Stock Price ForecastC$14.50 Forecasted Upside/Downside+7.6%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio6.86 Forward P/E Ratio26.34 P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio64.59 Current Ratio0.07 Quick Ratio0.04 Sales & Book Value Annual SalesC$209.85 million Price / Sales9.95 Cash FlowC$0.02 per share Price / Cash Flow740.59 Book ValueC$18.42 per share Price / Book0.80Miscellaneous Outstanding Shares141,566,000Free FloatN/AMarket CapC$2.09 billion OptionableNot Optionable BetaN/A 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.UNNorthview Apartment REITTSE:NVU.UNBoardwalk REITTSE:BEI.UNPure Multi-Family REITTSE:RUF.UNMorguard North American Residential REITTSE:MRG.UNView All CompetitorsInsiders & InstitutionsRonald A. LeslieSold 7,000 sharesTotal: C$89,810.00 ($12.83/share)Ronald A. LeslieSold 4,000 sharesTotal: C$64,960.00 ($16.24/share)Ronald A. LeslieSold 6,000 sharesTotal: C$99,570.60 ($16.60/share)Ronald A. LeslieSold 15,000 sharesTotal: C$246,006.00 ($16.40/share)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 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. View which stocks are hot on social media with MarketBeat's trending stocks report. 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