InterRent Real Estate Investment Trust (IIP.UN) Stock Price, News & Analysis

Company Overview

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 to use the proven industry experience of the Trustees,¿Management and Operational Team to: (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.

Key Stats

• Today's Range: C$13.54 to C$13.55
• 50-Day Range: C$12.69 to C$13.54
• 52-Week Range: C$12.38 to C$13.55
• Volume: 647,373 shs
• Average Volume: 577,497 shs
• Market Capitalization: C$1.89 billion
• P/E Ratio: 392.08
• Dividend Yield: 2.93%
• Price Target: N/A
• Consensus Rating: N/A

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: Residential REITs
• Sub-Industry: Multi-Family Residential REITs
• Current Symbol: TSE:IIP.UN
• Previous Symbol: TSE:IIP..UN
• CIK: N/A
• Web: www.interrentreit.com
• Phone: +1-613-5695699
• Fax: N/A
• Employees: 359
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): C$0.03
• Trailing P/E Ratio: 392.08
• Forward P/E Ratio: 17.85
• P/E Growth: N/A
• Net Income: -C$1.68 million
• Net Margins: -0.69%
• Pretax Margin: N/A
• Return on Equity: -0.06%
• Return on Assets: 2.14%

Debt

• Debt-to-Equity Ratio: 63.59
• Current Ratio: 0.43
• Quick Ratio: 0.04

Sales & Book Value

• Annual Sales: C$247.25 million
• Price / Sales: 7.66
• Cash Flow: C$0.02 per share
• Price / Cash Flow: 740.59
• Book Value: C$17.64 per share
• Price / Book: 0.77

Miscellaneous

• Outstanding Shares: 139,856,000
• Free Float: N/A
• Market Cap: C$1.89 billion
• Optionable: Not Optionable
• Beta: 0.54