TSE:INO.UN

Inovalis Real Estate Investment Trust (INO.UN) Stock Forecast, Price & News

C$2.97

-0.02 (-0.67%)

(As of 09/29/2023 ET)

Compare

Today's Range: C$2.95
▼
C$3.06
50-Day Range: C$2.97
▼
C$3.90
52-Week Range: C$2.95
▼
C$4.95

Volume: 71,931 shs
Average Volume: 59,844 shs
Market Capitalization: C$97.36 million

P/E Ratio: N/A
Dividend Yield: 13.80%
Price Target: C$3.88

Profile Analyst Ratings Chart Competitors Headlines Social Media

Inovalis Real Estate Investment Trust MarketRank™ Forecast

Analyst Rating: Reduce
1.67 Rating Score
Upside/Downside: 30.5% Upside
C$3.88 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.27
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.83 out of 5 stars

2.8

Analyst's Opinion

Consensus Rating
Inovalis Real Estate Investment Trust has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$3.88, Inovalis Real Estate Investment Trust has a forecasted upside of 30.5% from its current price of C$2.97.
Amount of Analyst Coverage
Inovalis Real Estate Investment Trust has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for INO.UN.

1.7

Dividend Strength

Dividend Leadership
Inovalis Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 13.39%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Inovalis Real Estate Investment Trust does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for INO.UN.

2.4

News and Social Media Coverage

News Sentiment
Inovalis Real Estate Investment Trust has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Real Estate companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Inovalis Real Estate Investment Trust this week, compared to 0 articles on an average week.
Search Interest
2 people have searched for INO.UN on MarketBeat in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Inovalis Real Estate Investment Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
10.35% of the stock of Inovalis Real Estate Investment Trust is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 5.66% of the stock of Inovalis Real Estate Investment Trust is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Inovalis Real Estate Investment Trust is -4.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Inovalis Real Estate Investment Trust is -4.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Inovalis Real Estate Investment Trust has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Inovalis Real Estate Investment Trust (TSE:INO.UN) Stock

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria. The REIT currently owns interests in office properties in both France and Germany.

INO.UN Price History

30 days | 90 days | 365 days | Advanced Chart

INO.UN Stock News Headlines

September 29, 2023 | theglobeandmail.com

Closing Bell: Inovalis REIT down on Thursday (INO-UN)

September 26, 2023 | americanbankingnews.com

Inovalis Real Estate Investment Trust (TSE:INO.UN) Stock Price Crosses Below Fifty Day Moving Average of $3.43

September 29, 2023 | Weiss Ratings (Ad)

Overlooked AI Stock Gets Urgent "Buy"

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September 26, 2023 | theglobeandmail.com

Closing Bell: Inovalis REIT down on Monday (INO-UN)

September 22, 2023 | theglobeandmail.com

Closing Bell: Inovalis REIT up on Wednesday (INO-UN)

July 18, 2023 | markets.businessinsider.com

Inovalis REIT (INO.UN) Receives a Hold from National Bank

June 30, 2023 | ca.finance.yahoo.com

IVREF - Inovalis Real Estate Investment Trust

June 28, 2023 | msn.com

Inovalis: Orange You Glad You Stayed Away?

September 29, 2023 | The Oxford Club (Ad)

Better Than Oil Stocks?

The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.

March 10, 2023 | msn.com

Inovalis Real Estate Investment Trust declares CAD 0.0344 dividend

November 10, 2022 | seekingalpha.com

Inovalis REIT FFO of -C$0.18

May 9, 2022 | stockhouse.com

Inovalis Real Estate Investment Trust Announces Voting Results From the 2022 Annual General Meeting

May 9, 2022 | seekingalpha.com

Inovalis REIT FFO of C$0.09, Net rental income of C$1.87M

April 11, 2022 | finance.yahoo.com

Inovalis REIT Completes Its First Acquisition in Spain

April 7, 2022 | financialpost.com

Inovalis REIT Strengthens French Presence with Acquisition of Ninth Property in the Greater Paris Region, Reinstates Dividend Reinvestment Plan

March 28, 2022 | ca.finance.yahoo.com

Are Inovalis Real Estate Investment Trust's (TSE:INO.UN) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?

March 24, 2022 | fool.ca

Got $500? 3 Top TSX Dividend Stocks to Buy Now

March 23, 2022 | seekingalpha.com

Inovalis REIT reports Q4 results

February 15, 2022 | msn.com

Passive-Income Investing: How to Make Over $500/Month in Your Sleep!

February 8, 2022 | ca.finance.yahoo.com

How to Easily Make $14/Day TAX FREE in Passive Income!

January 22, 2022 | msn.com

3 Top TSX Stocks for Massive Dividends

November 12, 2021 | yahoo.com

UN slaps sanctions on three leading Houthi rebels in Yemen

November 11, 2021 | seekingalpha.com

Inovalis REIT reports Q3 results

November 2, 2021 | msn.com

3 Absurdly Cheap Stocks to Buy Under $10

October 9, 2021 | msn.com

1 of the Best Canadian Investments for Passive Income

May 19, 2021 | prnewswire.com

Successful Closing of Series 4 of the Global Wakala Trust Program

April 28, 2021 | baystreet.ca

Bucephalus, BMO, IGM at New 52-Week Highs on News

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: REIT - Office
Sub-Industry: N/A
Sector: Real Estate
Current Symbol: TSE:INO.UN
CUSIP: N/A
CIK: N/A
Web: www.inovalisreit.com
Phone: +1-647-7758431
Fax: N/A
Employees: 1
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$3.88
High Stock Price Forecast: C$4.25
Low Stock Price Forecast: C$3.50
Forecasted Upside/Downside: +30.5%
Consensus Rating: Reduce
Rating Score (0-4): 1.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.66)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-21,560,000.00
Net Margins: -66.48%
Pretax Margin: N/A
Return on Equity: -7.41%
Return on Assets: 1.70%

Debt

Debt-to-Equity Ratio: 78.91
Current Ratio: 1.10
Quick Ratio: 0.32

Sales & Book Value

Annual Sales: C$32.44 million
Price / Sales: 3.00
Cash Flow: C$0.28 per share
Price / Cash Flow: 10.74
Book Value: C$8.64 per share
Price / Book: 0.34

Miscellaneous

Outstanding Shares: 32,780,000
Free Float: N/A
Market Cap: C$97.36 million
Optionable: Not Optionable
Beta: 1.57

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Key Executives

Mr. David Giraud
Chief Exec. Officer

Mr. Stéphane Joseph Amine (Age 51)
Pres

Mr. Khalil Hankach
Chief Investment Officer

Mr. Thomas Wenner C.A.
CPA, CPA, CFO & Sec.

Key Competitors

View All Competitors

INO.UN Stock - Frequently Asked Questions

Should I buy or sell Inovalis Real Estate Investment Trust stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inovalis Real Estate Investment Trust in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" INO.UN shares.
View INO.UN analyst ratings or view top-rated stocks.
What is Inovalis Real Estate Investment Trust's stock price forecast for 2023?: 3 brokerages have issued 12-month price targets for Inovalis Real Estate Investment Trust's shares. Their INO.UN share price forecasts range from C$3.50 to C$4.25. On average, they anticipate the company's stock price to reach C$3.88 in the next twelve months. This suggests a possible upside of 30.5% from the stock's current price.
View analysts price targets for INO.UN or view top-rated stocks among Wall Street analysts.
How have INO.UN shares performed in 2023?: Inovalis Real Estate Investment Trust's stock was trading at C$3.77 at the beginning of the year. Since then, INO.UN shares have decreased by 21.2% and is now trading at C$2.97.
View the best growth stocks for 2023 here.
Is Inovalis Real Estate Investment Trust a good dividend stock?: Inovalis Real Estate Investment Trust (TSE:INO.UN) pays an annual dividend of C$0.41 per share and currently has a dividend yield of 13.39%. INO.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for INO.UN.

What is Inovalis Real Estate Investment Trust's stock symbol?: Inovalis Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "INO.UN."
How do I buy shares of Inovalis Real Estate Investment Trust?: Shares of INO.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Inovalis Real Estate Investment Trust's stock price today?: One share of INO.UN stock can currently be purchased for approximately C$2.97.
How much money does Inovalis Real Estate Investment Trust make?: Inovalis Real Estate Investment Trust (TSE:INO.UN) has a market capitalization of C$97.36 million and generates C$32.44 million in revenue each year. The company earns C$-21,560,000.00 in net income (profit) each year or C($0.66) on an earnings per share basis.
How can I contact Inovalis Real Estate Investment Trust?: Inovalis Real Estate Investment Trust's mailing address is 151 Yonge St 11th Floor, TORONTO, ON M5C 2W7, Canada. The official website for the company is www.inovalisreit.com. The company can be reached via phone at +1-647-7758431.

This page (TSE:INO.UN) was last updated on 9/29/2023 by MarketBeat.com Staff

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Inovalis Real Estate Investment Trust (INO.UN) Stock Forecast, Price & News

Inovalis Real Estate Investment Trust MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Inovalis Real Estate Investment Trust (TSE:INO.UN) Stock

INO.UN Price History

INO.UN Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

INO.UN Stock - Frequently Asked Questions

Overall MarketRank^™