National Bank Financial Weighs in on InterRent REIT Q4 Earnings

Posted by ABMN Staff on Dec 19th, 2024

InterRent REIT (TSE:IIP – Free Report) – Research analysts at National Bank Financial issued their Q4 2024 EPS estimates for InterRent REIT in a report released on Sunday, December 15th. National Bank Financial analyst M. Kornack expects that the company will earn $0.16 per share for the quarter. National Bank Financial also issued estimates for InterRent REIT’s FY2026 earnings at $0.68 EPS.

Several other brokerages have also recently weighed in on IIP. Raymond James cut InterRent REIT from a “strong-buy” rating to a “moderate buy” rating in a research note on Tuesday, November 5th. TD Securities raised InterRent REIT from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 6th.

View Our Latest Research Report on IIP

InterRent REIT Stock Performance

InterRent REIT has a 1 year low of C$7.31 and a 1 year high of C$10.19.

InterRent REIT Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were paid a dividend of $0.032 per share. The ex-dividend date was Thursday, October 31st. This represents a $0.38 dividend on an annualized basis and a dividend yield of ∞.

InterRent REIT Company Profile

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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).