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.
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
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 Tuesday, April 17th. Stockholders of record on Monday, April 30th will be paid a dividend of 0.023 per share on Tuesday, May 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date of this dividend is Friday, April 27th. This is a positive change 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) posted its quarterly earnings results on Thursday, February, 22nd. The company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.38. The firm had revenue of $29.71 million for 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?
Who are some of InterRent REIT's key competitors?
Some companies that are related to InterRent REIT include ATS Automation Tooling Systems (ATA), First National Financial (FN), Peyto Exploration & Dev (PEY), Cara Operations (CARA), Westshore Terminals (WTE), Labrador Iron Ore Royalty (LIF), Pason Systems (PSI), Spin Master (TOY), Chemtrade Logistics (CHE.UN), Mullen Group (MTL), Corus Entertainment (CJR), Corus Entertainment (CJR.B), Freehold Royalties (FRU), CES Energy Solutions (CEU), Aritzia (ATZ), Enerflex (EFX), MEG Energy (MEG) and Cascades (CAS).
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?
Press coverage about IIP stock has trended somewhat negative recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. InterRent REIT earned a media sentiment score of -0.03 on Accern's scale. They also assigned media stories about the company an impact score of 47.01 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock'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 (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.
InterRent REIT (TSE:IIP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | N/A | Buy | Buy |
| Consensus Rating Score: | 3.00 | N/A | 3.00 | 3.00 |
| 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/A | N/A | N/A | N/A |
| Price Target Upside: | N/A | N/A | N/A | N/A |
InterRent REIT (TSE:IIP) Consensus Price Target History
InterRent REIT (TSE:IIP) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Details |
|---|
| 3/28/2018 | Desjardins | Reiterated Rating | Buy | |  |
| 2/12/2018 | National Bank Financial | Downgrade | Outperfrom Under Weight -> Sector Perform Under Weight | | |
(Data available from 4/19/2016 forward)
InterRent REIT (TSE:IIP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/17/2018 | Monthly | $0.0230 | 2.79% | 4/27/2018 | 4/30/2018 | 5/15/2018 |
| 9/21/2017 | Monthly | $0.02 | | 9/28/2017 | 9/30/2017 | 10/16/2017 |
| 8/23/2017 | Monthly | $0.02 | | 8/29/2017 | 8/31/2017 | 9/15/2017 |
| 7/18/2017 | Monthly | $0.02 | | 7/27/2017 | 7/31/2017 | 8/15/2017 |
| 6/20/2017 | Monthly | $0.02 | | 6/28/2017 | 6/30/2017 | 7/17/2017 |
(Data available from 1/1/2013 forward)
InterRent REIT (TSE IIP) Insider Trading and Institutional Ownership History
InterRent REIT (TSE IIP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
InterRent REIT (TSE IIP) News Headlines
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InterRent REIT (TSE:IIP) SEC Filings
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Financials are not available for this stock.
InterRent REIT (TSE IIP) Stock Chart for Thursday, April, 19, 2018
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