Interrent Real Estate Investment Trust Stock Price, News & Analysis (TSE:IIP)

C$8.91 0.04 (0.45 %)
(As of 11/17/2017 04:00 PM ET)
Previous CloseC$8.91
Today's RangeC$8.87 - C$8.95
52-Week RangeC$6.97 - C$8.97
Volume33,451 shs
Average Volume94,954 shs
Market CapitalizationC$746.35 million
P/E RatioN/A
Dividend Yield2.73%
Beta0.47

About Interrent Real Estate Investment Trust (TSE:IIP)

Interrent Real Estate Investment Trust logoInterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR). Its portfolio is split into seven regions with various holdings: the GTA with approximately 1,280 suites in over 10 Properties; Montreal with approximately 910 suites in four Properties; Hamilton/Niagara with approximately 1,430 suites in eight Properties; Western Ontario with approximately 990 suites in seven Properties, Eastern Ontario with approximately 200 suites in two Properties; Northern Ontario with approximately 350 suites in nine Properties, and the NCR with approximately 2,890 suites in over 30 Properties.


Industry, Sector and Symbol:
Dividend:
  • Dividend Yield: 2.7%
Profitability:
  • Trailing EPS: C$2.15
  • Net Margins: 148.82%
  • Return on Equity: 24.73%
  • Return on Assets: 11.40%
Misc:
  • Outstanding Shares: 83,770,000
 

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

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."

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 Thursday, September 21st. Stockholders of record on Saturday, September 30th will be paid a dividend of 0.02 per share on Monday, October 16th. This represents a $0.24 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Thursday, September 28th. View Interrent Real Estate Investment Trust's Dividend History.

How were Interrent Real Estate Investment Trust's earnings last quarter?

Interrent Real Estate Investment Trust (TSE:IIP) issued its earnings results on Monday, November, 10th. The company reported $0.09 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.01. The company earned $16.52 million during the quarter. Interrent Real Estate Investment Trust had a return on equity of 24.73% and a net margin of 148.82%. View Interrent Real Estate Investment Trust's Earnings History.

When will Interrent Real Estate Investment Trust make its next earnings announcement?

Interrent Real Estate Investment Trust is scheduled to release their next quarterly earnings announcement on Tuesday, February, 20th 2018. View Earnings Estimates for Interrent 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 folowing people:

  • Jacie Levinson, Independent Chairman of the Board of Trustee
  • Bradley Cutsey, President
  • Mike Darryl McGahan, Chief Executive Officer, Trustee
  • Curt Millar, Chief Financial Officer
  • Osbert Drewniak, Vice President - Acquisitions
  • Paul Amirault, Independent Trustee
  • Paul Bouzanis, Independent Trustee
  • Ronald Leslie CPA, Independent Trustee
  • Victor Reginald Stone, Independent Trustee

How do I buy Interrent Real Estate Investment Trust stock?

Shares of Interrent Real Estate Investment Trust 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 Interrent Real Estate Investment Trust stock can currently be purchased for approximately C$8.91.

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

Interrent Real Estate Investment Trust has a market capitalization of C$746.35 million.

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 company can be reached via phone at +1-613-5695699.


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

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  28 (Vote Outperform)
Underperform Votes:  35 (Vote Underperform)
Total Votes:  63
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Interrent Real Estate Investment Trust (TSE:IIP)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Analysts' Consensus Price Target: N/A

Consensus Price Target History for Interrent Real Estate Investment Trust (TSE:IIP)

Price Target History for Interrent Real Estate Investment Trust (TSE:IIP)

Analysts' Ratings History for Interrent Real Estate Investment Trust (TSE:IIP)

Show:
DateFirmActionRatingPrice TargetDetails
3/15/2017DesjardinsReiterated RatingBuyView Rating Details
3/15/2017National Bank FinancialUpgradeSector Perform Market Weight -> Outperform Market WeightView Rating Details
(Data available from 11/17/2015 forward)

Earnings

Earnings History and Estimates Chart for Interrent Real Estate Investment Trust (TSE:IIP)

Earnings by Quarter for Interrent Real Estate Investment Trust (TSE:IIP)

Earnings History by Quarter for Interrent Real Estate Investment Trust (TSE IIP)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/20/2018        
11/10/2014C$0.10C$0.09C$16.52 millionViewN/AView Earnings Details
8/12/2014C$0.09C$0.08C$15.70 millionViewN/AView Earnings Details
5/12/2014C$0.09C$0.07C$15.83 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Interrent Real Estate Investment Trust (TSE:IIP)
2017 EPS Consensus Estimate: $0.46
2018 EPS Consensus Estimate: $0.48
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.09$0.12$0.11
Q2 20173$0.10$0.13$0.11
Q3 20175$0.11$0.14$0.12
Q4 20173$0.11$0.14$0.12
Q1 20181$0.11$0.11$0.11
Q2 20181$0.12$0.12$0.12
Q3 20181$0.13$0.13$0.13
Q4 20181$0.12$0.12$0.12
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Interrent Real Estate Investment Trust (TSE IIP)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/21/2017Monthly$0.029/28/20179/30/201710/16/2017
8/23/2017Monthly$0.028/29/20178/31/20179/15/2017
7/18/2017Monthly$0.027/27/20177/31/20178/15/2017
6/20/2017Monthly$0.026/28/20176/30/20177/17/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Interrent Real Estate Investment Trust (TSE IIP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Interrent Real Estate Investment Trust (TSE:IIP)

Latest Headlines for Interrent Real Estate Investment Trust (TSE IIP)

Source:
DateHeadline
Raymond James Financial Comments on Interrent Real Estate Investment Trusts FY2017 Earnings (IIP)Raymond James Financial Comments on Interrent Real Estate Investment Trust's FY2017 Earnings (IIP)
www.americanbankingnews.com - November 17 at 7:44 PM
Desjardins Weighs in on Interrent Real Estate Investment Trusts FY2017 Earnings (IIP)Desjardins Weighs in on Interrent Real Estate Investment Trust's FY2017 Earnings (IIP)
www.americanbankingnews.com - November 17 at 7:44 PM
InterRent REIT Reports Results for the Third Quarter of 2017 and a 11% Increase in the Monthly DistributionInterRent REIT Reports Results for the Third Quarter of 2017 and a 11% Increase in the Monthly Distribution
globenewswire.com - November 14 at 8:23 PM
Interrent Real Estate Investment Trust Forecasted to Earn Q3 2017 Earnings of $0.12 Per Share (IIP)Interrent Real Estate Investment Trust Forecasted to Earn Q3 2017 Earnings of $0.12 Per Share (IIP)
www.americanbankingnews.com - November 1 at 8:44 AM
Interrent Real Estate Investment Trust (IIP) Announces Monthly Dividend of $0.02Interrent Real Estate Investment Trust (IIP) Announces Monthly Dividend of $0.02
www.americanbankingnews.com - September 22 at 9:52 AM
Interrent Real Estate Investment Trust Plans Monthly Dividend of $0.02 (IIP)Interrent Real Estate Investment Trust Plans Monthly Dividend of $0.02 (IIP)
www.americanbankingnews.com - August 24 at 1:09 PM
Q4 2017 EPS Estimates for Interrent Real Estate Investment Trust (IIP) Cut by DesjardinsQ4 2017 EPS Estimates for Interrent Real Estate Investment Trust (IIP) Cut by Desjardins
www.americanbankingnews.com - August 22 at 10:56 AM
Interrent Real Estate Investment Trust (TSE:IIP) Forecasted to Post FY2018 Earnings of $0.48 Per ShareInterrent Real Estate Investment Trust (TSE:IIP) Forecasted to Post FY2018 Earnings of $0.48 Per Share
www.americanbankingnews.com - July 31 at 9:24 AM
Interrent Real Estate Investment Trust (IIP) to Post FY2018 Earnings of $0.47 Per Share, Raymond James Financial ForecastsInterrent Real Estate Investment Trust (IIP) to Post FY2018 Earnings of $0.47 Per Share, Raymond James Financial Forecasts
www.americanbankingnews.com - July 31 at 9:24 AM
FY2017 EPS Estimates for Interrent Real Estate Investment Trust Lowered by Raymond James Financial (IIP)FY2017 EPS Estimates for Interrent Real Estate Investment Trust Lowered by Raymond James Financial (IIP)
www.americanbankingnews.com - July 28 at 12:23 PM
National Bank Financial Research Analysts Lift Earnings Estimates for Interrent Real Estate Investment Trust (TSE:IIP)National Bank Financial Research Analysts Lift Earnings Estimates for Interrent Real Estate Investment Trust (TSE:IIP)
www.americanbankingnews.com - July 28 at 12:23 PM
Q3 2017 Earnings Forecast for Interrent Real Estate Investment Trust Issued By Desjardins (IIP)Q3 2017 Earnings Forecast for Interrent Real Estate Investment Trust Issued By Desjardins (IIP)
www.americanbankingnews.com - July 28 at 10:16 AM
Interrent Real Estate Investment Trust Announces Monthly Dividend of $0.02 (TSE:IIP)Interrent Real Estate Investment Trust Announces Monthly Dividend of $0.02 (TSE:IIP)
www.americanbankingnews.com - July 22 at 1:50 PM
Being Defensive In Canadian Real EstateBeing Defensive In Canadian Real Estate
seekingalpha.com - July 21 at 4:21 PM
The Instant 4-Stock Portfolio for Dividend-Growth InvestorsThe Instant 4-Stock Portfolio for Dividend-Growth Investors
www.fool.ca - July 8 at 5:46 PM

Social Media

Financials

Financials are not available for this stock.

Chart

Interrent Real Estate Investment Trust (TSE IIP) Chart for Friday, November, 17, 2017
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This page was last updated on 11/17/2017 by MarketBeat.com Staff

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