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:
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 declared a monthly dividend on Wednesday, August 23rd. Stockholders 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 dividend yield of Infinity. The ex-dividend date of this dividend 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 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?
Who are some of Interrent Real Estate Investment Trust's key competitors?
Some companies that are related to Interrent Real Estate Investment Trust include Colliers International Group (CIG), Kirkland Lake Gold Ltd (NMI), Osisko Mining Corp (OBM), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Enbridge (ENB), Canadian National Railway Company (CNR), Suncor Energy (SU), Bank of Montreal (BMO), TransCanada (TRP), BCE (BCE), Canadian Natural Resources Limited (CNQ), Manulife Financial Corp. (MFC), Canadian Imperial Bank of Commerce (CM), Thomson Reuters Corp (TRI), Great-West Lifeco (GWO) and Imperial Oil Ltd (IMO).
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)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.
Consensus Ratings for Interrent Real Estate Investment Trust (TSE:IIP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 3/15/2017 | Desjardins | Reiterated Rating | Buy | |  |
| 3/15/2017 | National Bank Financial | Upgrade | Sector Perform Market Weight -> Outperform Market Weight | | |
(Data available from 9/21/2015 forward)
Earnings History for Interrent Real Estate Investment Trust (TSE:IIP)Earnings History by Quarter for Interrent Real Estate Investment Trust (TSE IIP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | | | | | | | |
| 11/10/2014 | | C$0.10 | C$0.09 | | C$16.52 million | View | N/A | |
| 8/12/2014 | | C$0.09 | C$0.08 | | C$15.70 million | View | N/A | |
| 5/12/2014 | | C$0.09 | C$0.07 | | C$15.83 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Interrent Real Estate Investment Trust (TSE:IIP)2017 EPS Consensus Estimate: $0.46
2018 EPS Consensus Estimate: $0.47
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $0.09 | $0.12 | $0.11 |
| Q2 2017 | 3 | $0.10 | $0.13 | $0.11 |
| Q3 2017 | 4 | $0.11 | $0.14 | $0.12 |
| Q4 2017 | 3 | $0.10 | $0.14 | $0.12 |
| Q1 2018 | 1 | $0.10 | $0.10 | $0.10 |
| Q2 2018 | 1 | $0.12 | $0.12 | $0.12 |
| Q3 2018 | 1 | $0.13 | $0.13 | $0.13 |
| Q4 2018 | 1 | $0.12 | $0.12 | $0.12 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Interrent Real Estate Investment Trust (TSE IIP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 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)
Insider Trading History for Interrent Real Estate Investment Trust (TSE:IIP)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Interrent Real Estate Investment Trust (TSE:IIP)
Latest Headlines for Interrent Real Estate Investment Trust (TSE:IIP)
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Interrent Real Estate Investment Trust (IIP) Chart for Thursday, September, 21, 2017
