TSE:IIP.UN - Interrent Real Estate Investment Trust Stock Price, News, & Analysis

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C$13.40 -0.13 (-0.96 %)
(As of 04/25/2019 04:00 PM ET)
Previous CloseC$13.53
Today's RangeC$13.36 - C$13.54
52-Week RangeC$7.31 - C$10.19
Volume212,850 shs
Average Volume192,961 shs
Market CapitalizationC$1.42 billion
P/E Ratio7.27
Dividend Yield2.15%
BetaN/A
InterRentREIT 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 primary objective is to use the proven industry experience of the Trustees, Management and Operational Team to: (i)Unitholders with stable and growing cash distributions from investments in a diversified portfolio of multi-residential properties; (ii)enhance the value of the assets and maximize long-term Unit value through the active management of such assets; and (iii)expand the asset base and increase Distributable Income through accretive acquisitions.

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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$122.93 million
Cash FlowC$0.03 per share
Book ValueC$10.64 per share

Profitability

Miscellaneous

Employees359
Market CapC$1.42 billion
Next Earnings DateN/A
OptionableNot Optionable

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

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 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, November 29th. Stockholders of record on Monday, December 17th will be paid a dividend of 0.0242 per share on Monday, December 17th. This represents a $0.29 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Thursday, November 29th. This is a boost from Interrent Real Estate Investment Trust's previous monthly dividend of $0.02. View Interrent Real Estate Investment Trust's Dividend History.

What price target have analysts set for IIP.UN?

8 analysts have issued 12-month target prices for Interrent Real Estate Investment Trust's shares. Their predictions range from C$11.75 to C$15.50. On average, they anticipate Interrent Real Estate Investment Trust's stock price to reach C$14.18 in the next year. This suggests a possible upside of 5.8% from the stock's current price. View Analyst Price Targets for Interrent Real Estate Investment Trust.

What is the consensus analysts' recommendation for Interrent Real Estate Investment Trust?

8 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, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Interrent Real Estate Investment Trust.

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

Media stories about IIP.UN stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Interrent Real Estate Investment Trust earned a news impact score of 1.5 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 1.0 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.

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

What other stocks do shareholders of Interrent Real Estate Investment Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Interrent Real Estate Investment Trust investors own include Alaris Royalty (AD), Martinrea International (MRE), Aurora Cannabis (ACB), Dream Global REIT (DRG.UN), National Bank of Canada (NA), Premium Brands (PBH), TELUS (T), Canadian Apartment Properties REIT (CAR.UN), Canadian Oil Sands (COS) and Dollarama (DOL).

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

Interrent Real Estate Investment Trust's management team includes the folowing people:
  • Mr. Michael Darryl McGahan, CEO & Trustee
  • Mr. Bradley Cutsey, Pres (Age 46)
  • Mr. Curt Millar CPA, CA, Chief Financial Officer
  • Mr. Osbert Drewniak, VP of Acquisitions
  • Mr. Brian Awrey, VP of Fin.

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$13.40.

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

Interrent Real Estate Investment Trust has a market capitalization of C$1.42 billion and generates C$122.93 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 http://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.


MarketBeat Community Rating for Interrent Real Estate Investment Trust (TSE IIP.UN)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  165 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  401
MarketBeat's community ratings are surveys of what our community members think about Interrent Real Estate Investment Trust and other stocks. Vote "Outperform" if you believe IIP.UN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IIP.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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