TSE:IIP - InterRent REIT Stock Price, Price Target & More

C$9.90 -0.09 (-0.90 %)
(As of 04/19/2018 04:00 PM ET)
Previous CloseC$9.99
Today's RangeC$9.87 - C$10.00
52-Week RangeC$7.31 - C$10.19
Volume53,544 shs
Average Volume192,961 shs
Market CapitalizationC$829.96 million
P/E RatioN/A
Dividend Yield2.73%
Beta0.35

About InterRent REIT (TSE:IIP)

InterRent 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.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:IIP
CUSIPN/A
Phone+1-613-5695699

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins142.53%
Return on Equity21.63%
Return on Assets10.42%

Miscellaneous

EmployeesN/A
Outstanding Shares83,770,000

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InterRent REIT (TSE:IIP) Frequently Asked Questions

What is InterRent REIT's stock symbol?

InterRent REIT trades on the Toronto Stock Exchange (TSX) under the ticker symbol "IIP."

How often does InterRent REIT pay dividends? What is the dividend yield for InterRent REIT?

InterRent REIT declared a monthly dividend on Tuesday, April 17th. Shareholders of record on Monday, April 30th will be given a dividend of 0.023 per share on Tuesday, May 15th. This represents a $0.28 annualized dividend and a yield of 2.79%. The ex-dividend date is Friday, April 27th. This is a boost from InterRent REIT's previous monthly dividend of $0.02. View InterRent REIT's Dividend History.

How were InterRent REIT's earnings last quarter?

InterRent REIT (TSE:IIP) issued its earnings results on Thursday, February, 22nd. The company reported $0.50 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.12 by $0.38. The firm earned $29.71 million during the quarter. InterRent REIT had a net margin of 142.53% and a return on equity of 21.63%. View InterRent REIT's Earnings History.

When is InterRent REIT's next earnings date?

InterRent REIT is scheduled to release their next quarterly earnings announcement on Monday, May, 14th 2018. View Earnings Estimates for InterRent REIT.

Who are some of InterRent REIT's key competitors?

Who are InterRent REIT's key executives?

InterRent REIT'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

Has InterRent REIT been receiving favorable news coverage?

News headlines about IIP stock have been trending somewhat positive recently, Accern reports. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. InterRent REIT earned a news impact score of 0.24 on Accern's scale. They also assigned media coverage about the company an impact score of 45.65 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

How do I buy shares of InterRent REIT?

Shares of IIP 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 REIT's stock price today?

One share of IIP stock can currently be purchased for approximately C$9.90.

How big of a company is InterRent REIT?

InterRent REIT has a market capitalization of C$829.96 million.

How can I contact InterRent REIT?

InterRent REIT'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 REIT (IIP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  51 (Vote Outperform)
Underperform Votes:  58 (Vote Underperform)
Total Votes:  109
MarketBeat's community ratings are surveys of what our community members think about InterRent REIT and other stocks. Vote "Outperform" if you believe IIP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IIP will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

InterRent REIT (TSE:IIP) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
1 Wall Street analysts have issued ratings and price targets for InterRent REIT in the last 12 months. There are currently 1 buy rating for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyN/ABuyBuy
Consensus Rating Score: 3.00N/A3.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

InterRent REIT (TSE:IIP) Consensus Price Target History

Price Target History for InterRent REIT (TSE:IIP)

InterRent REIT (TSE:IIP) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
3/28/2018DesjardinsReiterated RatingBuyView Rating Details
2/12/2018National Bank FinancialDowngradeOutperfrom Under Weight -> Sector Perform Under WeightView Rating Details
(Data available from 4/19/2016 forward)

Earnings

InterRent REIT (TSE:IIP) Earnings History and Estimates Chart

Earnings by Quarter for InterRent REIT (TSE:IIP)

InterRent REIT (TSE:IIP) Earnings Estimates

2018 EPS Consensus Estimate: $0.48
2019 EPS Consensus Estimate: $0.52
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20182$0.10$0.11$0.11
Q2 20182$0.12$0.12$0.12
Q3 20182$0.13$0.13$0.13
Q4 20182$0.12$0.12$0.12
Q1 20191$0.12$0.12$0.12
Q2 20191$0.13$0.13$0.13
Q3 20191$0.14$0.14$0.14
Q4 20191$0.13$0.13$0.13

InterRent REIT (TSE IIP) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/14/2018        
2/22/2018Q4 2017C$0.12C$0.50C$29.71 millionViewN/AView Earnings Details
11/14/2017Q3 2017C$0.11C$1.33C$27.80 millionViewN/AView Earnings Details
7/26/2017Q2 2017C$0.11C$0.47C$26.36 millionViewN/AView Earnings Details
5/8/2017Q1 2017C$0.10C$0.11C$25.13 millionViewN/AView Earnings Details
2/21/2017Q4 2016C$0.11C$0.24C$24.78 millionViewN/AView Earnings Details
11/7/2016Q3 2016C$0.11C$0.16C$24.10 millionViewN/AView Earnings Details
7/28/2016Q2 2016C$0.11C$0.08C$24.68 millionViewN/AView Earnings Details
5/4/2016Q1 2016C$0.10C$0.05C$23.90 millionViewN/AView Earnings Details
3/9/2016Q4 2015C$0.11C$0.16C$22.50 millionViewN/AView Earnings Details
11/12/2015Q3 2015C$0.11C$0.36C$21.57 millionViewN/AView Earnings Details
7/29/2015Q2 2015C$0.10C$0.14C$20.65 millionViewN/AView Earnings Details
5/12/2015Q1 2015C$0.09C$0.15C$18.26 millionViewN/AView Earnings Details
3/4/2015Q4 2014C$0.09C$0.09C$17.35 millionViewN/AView Earnings Details
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
3/4/2014Q4 2013C$0.10C$0.09C$18.50 millionC$15.89 millionViewN/AView Earnings Details
11/12/2013Q3 2013C$0.10C$0.10C$17.15 millionC$16.04 millionViewN/AView Earnings Details
8/12/2013Q2 2013C$0.09C$0.17C$14.96 millionC$15.52 millionViewN/AView Earnings Details
5/13/2013Q1 2013C$0.09C$0.16C$13.05 millionViewN/AView Earnings Details
2/19/2013Q4 2012C$0.08C$0.34ViewN/AView Earnings Details
10/30/2012Q3 2012C$0.09C$1.02ViewN/AView Earnings Details
8/1/2012Q2 2012C$0.07C$0.16ViewN/AView Earnings Details
5/7/2012Q1 2012C$0.04C$0.08ViewN/AView Earnings Details
2/29/2012Q4 2011C$0.04C$0.81ViewN/AView Earnings Details
11/14/2011Q3 2011C$0.18ViewN/AView Earnings Details
8/5/2011Q2 2011C$0.04C$0.16ViewN/AView Earnings Details
6/6/2011Q1 2011C$0.07ViewN/AView Earnings Details
3/24/2011Q4 2010C($0.04)ViewN/AView Earnings Details
11/12/2010Q3 2010C$0.03C($0.03)ViewN/AView Earnings Details
8/12/2010Q2 2010C$0.02C($0.07)ViewN/AView Earnings Details
5/6/2010Q1 2010C($0.09)ViewN/AView Earnings Details
3/29/2010Q4 2009C($0.10)ViewN/AView Earnings Details
11/13/2009Q3 2009C$0.08C($0.17)ViewN/AView Earnings Details
8/14/2009Q2 2009C$0.06C($0.11)ViewN/AView Earnings Details
5/14/2009Q1 2009C$0.03C($0.12)ViewN/AView Earnings Details
5/12/2008Q1 2008C$0.03C($0.15)ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

InterRent REIT (TSE:IIP) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/17/2018Monthly$0.02302.79%4/27/20184/30/20185/15/2018
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

InterRent REIT (TSE IIP) Insider Trading and Institutional Ownership History

Insider Trading History for InterRent REIT (TSE:IIP)

InterRent REIT (TSE IIP) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

InterRent REIT (TSE IIP) News Headlines

Source:
DateHeadline
InterRent Announces April 2018 DistributionsInterRent Announces April 2018 Distributions
globenewswire.com - April 17 at 4:22 PM
Interrent Real Estate Investment Trust (IIP) Receives Buy Rating from DesjardinsInterrent Real Estate Investment Trust (IIP) Receives Buy Rating from Desjardins
www.americanbankingnews.com - March 30 at 1:07 PM
Interrent Real Estate Investment Trust (IIP) Forecasted to Earn Q1 2018 Earnings of $0.10 Per ShareInterrent Real Estate Investment Trust (IIP) Forecasted to Earn Q1 2018 Earnings of $0.10 Per Share
www.americanbankingnews.com - March 30 at 6:52 AM
BRIEF-Interrent Announces $85 Million Bought Deal Equity OfferingBRIEF-Interrent Announces $85 Million Bought Deal Equity Offering
www.reuters.com - March 9 at 11:02 AM
IIROC Trade Resumption - CLQ; IIP.UNIIROC Trade Resumption - CLQ; IIP.UN
www.bizjournals.com - March 9 at 11:02 AM
Equities Analysts Issue Forecasts for Interrent Real Estate Investment Trusts Q1 2019 Earnings (IIP)Equities Analysts Issue Forecasts for Interrent Real Estate Investment Trust's Q1 2019 Earnings (IIP)
www.americanbankingnews.com - February 28 at 2:20 PM
FY2018 EPS Estimates for Interrent Real Estate Investment Trust (IIP) Lifted by National Bank FinancialFY2018 EPS Estimates for Interrent Real Estate Investment Trust (IIP) Lifted by National Bank Financial
www.americanbankingnews.com - February 28 at 11:26 AM
Research Analysts Issue Forecasts for Interrent Real Estate Investment Trusts FY2019 Earnings (IIP)Research Analysts Issue Forecasts for Interrent Real Estate Investment Trust's FY2019 Earnings (IIP)
www.americanbankingnews.com - February 27 at 2:42 PM
Interrent Real Estate Investment Trust (IIP) to Post Q4 2017 Earnings of $0.12 Per Share, National Bank Financial ForecastsInterrent Real Estate Investment Trust (IIP) to Post Q4 2017 Earnings of $0.12 Per Share, National Bank Financial Forecasts
www.americanbankingnews.com - February 14 at 6:28 AM
Interrent Real Estate Investment Trust (IIP) Rating Lowered to Sector Perform Under Weight at National Bank FinancialInterrent Real Estate Investment Trust (IIP) Rating Lowered to Sector Perform Under Weight at National Bank Financial
www.americanbankingnews.com - February 14 at 6:00 AM
Interrent Real Estate Investment Trust Expected to Earn FY2019 Earnings of $0.51 Per Share (IIP)Interrent Real Estate Investment Trust Expected to Earn FY2019 Earnings of $0.51 Per Share (IIP)
www.americanbankingnews.com - January 10 at 10:14 PM
FY2018 EPS Estimates for Interrent Real Estate Investment Trust (IIP) Reduced by AnalystFY2018 EPS Estimates for Interrent Real Estate Investment Trust (IIP) Reduced by Analyst
www.americanbankingnews.com - November 18 at 8:48 AM
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

SEC Filings

InterRent REIT (TSE:IIP) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

InterRent REIT (TSE IIP) Stock Chart for Thursday, April, 19, 2018

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This page was last updated on 4/19/2018 by MarketBeat.com Staff

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