Interrent Real Estate Investment Trust Company Profile (TSE:IIP)

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:
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: N/A
Profitability:
  • Net Margins: 148.82%
  • Return on Equity: 24.73%
  • Return on Assets: 11.40%
 

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 Tornton 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 announced a monthly dividend on Wednesday, August 23rd. Shareholders of record on Thursday, August 31st will be paid a dividend of 0.02 per share on Friday, September 15th. This represents a $0.24 dividend on an annualized basis and a yield of Infinity. The ex-dividend date is Tuesday, August 29th. 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) announced its quarterly earnings results on Monday, November, 10th. The company reported $0.09 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.01. The business 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 Monday, November, 6th 2017. 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.


MarketBeat Community Rating for Interrent Real Estate Investment Trust (TSE IIP)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  22 (Vote Outperform)
Underperform Votes:  27 (Vote Underperform)
Total Votes:  49
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

Consensus Ratings for Interrent Real Estate Investment Trust (TSE:IIP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: N/A

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 9/19/2015 forward)

Earnings

Earnings History 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
11/6/2017        
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: $0.47
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.09$0.12$0.11
Q2 20173$0.10$0.13$0.11
Q3 20174$0.11$0.14$0.12
Q4 20173$0.10$0.14$0.12
Q1 20181$0.10$0.10$0.10
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
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
americanbankingnews.com logoInterrent Real Estate Investment Trust Plans Monthly Dividend of $0.02 (IIP)
www.americanbankingnews.com - August 24 at 1:09 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Interrent Real Estate Investment Trust (IIP) Cut by Desjardins
www.americanbankingnews.com - August 22 at 10:56 AM
americanbankingnews.com logoInterrent 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
americanbankingnews.com logoInterrent 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
americanbankingnews.com logoFY2017 EPS Estimates for Interrent Real Estate Investment Trust Lowered by Raymond James Financial (IIP)
www.americanbankingnews.com - July 28 at 12:23 PM
americanbankingnews.com logoNational Bank Financial Research Analysts Lift Earnings Estimates for Interrent Real Estate Investment Trust (TSE:IIP)
www.americanbankingnews.com - July 28 at 12:23 PM
americanbankingnews.com logoQ3 2017 Earnings Forecast for Interrent Real Estate Investment Trust Issued By Desjardins (IIP)
www.americanbankingnews.com - July 28 at 10:16 AM
americanbankingnews.com logoInterrent Real Estate Investment Trust Announces Monthly Dividend of $0.02 (TSE:IIP)
www.americanbankingnews.com - July 22 at 1:50 PM
seekingalpha.com logoBeing Defensive In Canadian Real Estate
seekingalpha.com - July 21 at 4:21 PM
americanbankingnews.com logoNational Bank Financial Weighs in on Interrent Real Estate Investment Trust's FY2018 Earnings (IIP)
www.americanbankingnews.com - May 10 at 2:10 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Interrent Real Estate Investment Trust Reduced by Analyst (IIP)
www.americanbankingnews.com - May 10 at 7:54 AM
americanbankingnews.com logoInterrent Real Estate Investment Trust (IIP) Stock Rating Reaffirmed by Desjardins
www.americanbankingnews.com - March 21 at 7:10 AM
fool.ca logoThe Instant 4-Stock Portfolio for Dividend-Growth Investors
www.fool.ca - July 8 at 5:46 PM
finance.yahoo.com logoInterRent Announces Voting Results from the 2016 Annual and Special Meeting
finance.yahoo.com - May 21 at 9:25 AM

Social

Chart

Interrent Real Estate Investment Trust (IIP) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff