AAPL   317.94 (-0.10%)
MSFT   183.25 (+1.02%)
FB   225.09 (-0.16%)
GOOGL   1,433.52 (+1.08%)
AMZN   2,442.37 (+1.72%)
NVDA   355.02 (+4.58%)
CGC   17.37 (-20.03%)
BABA   207.39 (+3.96%)
MU   47.91 (+3.10%)
GE   6.57 (-3.10%)
TSLA   835.00 (+3.62%)
AMD   53.80 (+3.98%)
T   30.86 (-0.64%)
ACB   14.08 (-8.21%)
F   5.71 (-2.39%)
GILD   77.83 (+3.33%)
DIS   117.30 (+0.47%)
NFLX   419.73 (+1.52%)
BAC   24.12 (-2.98%)
BA   145.85 (-2.65%)
AAPL   317.94 (-0.10%)
MSFT   183.25 (+1.02%)
FB   225.09 (-0.16%)
GOOGL   1,433.52 (+1.08%)
AMZN   2,442.37 (+1.72%)
NVDA   355.02 (+4.58%)
CGC   17.37 (-20.03%)
BABA   207.39 (+3.96%)
MU   47.91 (+3.10%)
GE   6.57 (-3.10%)
TSLA   835.00 (+3.62%)
AMD   53.80 (+3.98%)
T   30.86 (-0.64%)
ACB   14.08 (-8.21%)
F   5.71 (-2.39%)
GILD   77.83 (+3.33%)
DIS   117.30 (+0.47%)
NFLX   419.73 (+1.52%)
BAC   24.12 (-2.98%)
BA   145.85 (-2.65%)
AAPL   317.94 (-0.10%)
MSFT   183.25 (+1.02%)
FB   225.09 (-0.16%)
GOOGL   1,433.52 (+1.08%)
AMZN   2,442.37 (+1.72%)
NVDA   355.02 (+4.58%)
CGC   17.37 (-20.03%)
BABA   207.39 (+3.96%)
MU   47.91 (+3.10%)
GE   6.57 (-3.10%)
TSLA   835.00 (+3.62%)
AMD   53.80 (+3.98%)
T   30.86 (-0.64%)
ACB   14.08 (-8.21%)
F   5.71 (-2.39%)
GILD   77.83 (+3.33%)
DIS   117.30 (+0.47%)
NFLX   419.73 (+1.52%)
BAC   24.12 (-2.98%)
BA   145.85 (-2.65%)
AAPL   317.94 (-0.10%)
MSFT   183.25 (+1.02%)
FB   225.09 (-0.16%)
GOOGL   1,433.52 (+1.08%)
AMZN   2,442.37 (+1.72%)
NVDA   355.02 (+4.58%)
CGC   17.37 (-20.03%)
BABA   207.39 (+3.96%)
MU   47.91 (+3.10%)
GE   6.57 (-3.10%)
TSLA   835.00 (+3.62%)
AMD   53.80 (+3.98%)
T   30.86 (-0.64%)
ACB   14.08 (-8.21%)
F   5.71 (-2.39%)
GILD   77.83 (+3.33%)
DIS   117.30 (+0.47%)
NFLX   419.73 (+1.52%)
BAC   24.12 (-2.98%)
BA   145.85 (-2.65%)
Log in

TSE:IIP.UNInterrent Real Estate Investment Trust Stock Price, Forecast & News

C$14.63
-0.02 (-0.14 %)
(As of 05/29/2020 04:00 PM ET)
Add
Compare
Today's Range
C$14.46
Now: C$14.63
C$14.65
50-Day Range
C$12.61
MA: C$14.00
C$15.23
52-Week Range
C$10.39
Now: C$14.63
C$19.05
Volume1.17 million shs
Average Volume192,961 shs
Market CapitalizationC$1.78 billion
P/E Ratio4.20
Dividend Yield2.25%
BetaN/A
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.
Read More
Interrent Real Estate Investment Trust logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.22 out of 5 stars


Industry, Sector and Symbol

Industry REIT - Residential
Sub-IndustryN/A
SectorReal Estate
Current SymbolTSE:IIP.UN
Previous SymbolTSE:IIP..UN
CUSIPN/A
CIKN/A
Phone+1-613-5695699

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$150.97 million
Cash FlowC$0.09 per share
Book ValueC$14.41 per share

Profitability

Miscellaneous

Employees359
Market CapC$1.78 billion
Next Earnings DateN/A
OptionableNot Optionable

Receive IIP.UN News and Ratings via Email

Sign-up to receive the latest news and ratings for IIP.UN and its competitors with MarketBeat's FREE daily newsletter.

Interrent Real Estate Investment Trust (TSE:IIP.UN) Frequently Asked Questions

How has Interrent Real Estate Investment Trust's stock been impacted by COVID-19 (Coronavirus)?

Interrent Real Estate Investment Trust's stock was trading at C$17.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IIP.UN stock has decreased by 15.8% and is now trading at C$14.63. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Interrent Real Estate Investment Trust?

6 Wall Street 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, resulting in a consensus recommendation of "Buy." View analyst ratings for Interrent Real Estate Investment Trust.

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 announced a monthly dividend on Thursday, February 27th. Stockholders of record on Monday, March 16th will be paid a dividend of 0.0258 per share on Monday, March 16th. This represents a $0.31 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, February 27th. This is an increase from Interrent Real Estate Investment Trust's previous monthly dividend of C$0.02. View Interrent Real Estate Investment Trust's dividend history.

What price target have analysts set for IIP.UN?

6 equities research analysts have issued 1-year price targets for Interrent Real Estate Investment Trust's stock. Their forecasts range from C$15.50 to C$19.25. On average, they expect Interrent Real Estate Investment Trust's stock price to reach C$17.00 in the next year. This suggests a possible upside of 16.2% from the stock's current price. View analysts' price targets for Interrent Real Estate Investment Trust.

Has Interrent Real Estate Investment Trust been receiving favorable news coverage?

Press coverage about IIP.UN stock has been trending positive on Friday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Interrent Real Estate Investment Trust earned a daily sentiment score of 2.8 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutInterrent Real Estate Investment Trust.

Who are some of Interrent Real Estate Investment Trust's key competitors?

Who are Interrent Real Estate Investment Trust's key executives?

Interrent Real Estate Investment Trust's management team includes the following people:
  • Mr. Michael Darryl McGahan, CEO & Trustee
  • Mr. Bradley Cutsey, Pres (Age 46)
  • Mr. Curt Millar CPA, CA, Chief Financial Officer
  • Mr. Dave Nevins, Chief Operating Officer
  • Mr. Will Chan, Chief Information Officer

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 and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

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

One share of IIP.UN stock can currently be purchased for approximately C$14.63.

How big of a company is Interrent Real Estate Investment Trust?

Interrent Real Estate Investment Trust has a market capitalization of C$1.78 billion and generates C$150.97 million in revenue each year. Interrent Real Estate Investment Trust employs 359 workers across the globe.

What is Interrent Real Estate Investment Trust's official website?

The official website for Interrent Real Estate Investment Trust is www.interrentreit.com.

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 real estate investment trust can be reached via phone at +1-613-5695699.

This page was last updated on 5/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.