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.
Industry, Sector and Symbol
Stock Exchange TSE
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
Market CapC$829.96
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 announced a monthly dividend on Wednesday, June 20th. Shareholders of record on Saturday, June 30th will be paid a dividend of 0.023 per share on Monday, July 16th. This represents a $0.28 annualized dividend and a yield of 2.79%. The ex-dividend date of this dividend is Thursday, June 28th. View InterRent REIT's Dividend History.
How were InterRent REIT's earnings last quarter?
InterRent REIT (TSE:IIP) issued its quarterly earnings results on Monday, May, 14th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.25. The company earned $30.16 million during the quarter. InterRent REIT had a return on equity of 21.63% and a net margin of 142.53%. View InterRent REIT's Earnings History.
When is InterRent REIT's next earnings date?
What is the consensus analysts' recommendation for InterRent REIT?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterRent REIT in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
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 very positive recently, according to Accern. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. InterRent REIT earned a media sentiment score of 0.51 on Accern's scale. They also assigned media coverage about the company an impact score of 48.24 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few 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 (TSE IIP)
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.
