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Interrent Reit Un (TSE:IIP.UN)
:IIP.UN
IIP.UN Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$9.40 - C$13.20
Previous CloseN/A
Volume114.85K
Average Volume (3M)473.03K
Market Cap
C$1.68B
Enterprise ValueC$3.19B
Total Cash (Recent Filing)C$4.52M
Total Debt (Recent Filing)C$1.69B
Price to Earnings (P/E)―
Beta0.99
Next Earnings
May 15, 2025EPS EstimateN/A
Last Dividend Ex-Date
Apr 30, 2025Dividend Yield3.39%
Share Statistics
EPS (TTM)-1.05
Shares Outstanding147,503,400
10 Day Avg. Volume236,220
30 Day Avg. Volume473,029
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$12.79Price Target Upside12.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
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Bulls Say, Bears Say
Bulls Say
Distribution GrowthDistribution increased 5%, marking the thirteenth consecutive year of distribution growth, showing consistent financial stability.
Financial PerformanceInterRent REIT reported funds from operations per unit of $0.16, up 8.9% year-over-year, indicating strong financial performance.
ValuationInterRent’s units currently trade at an implied cap rate of 5.43%, representing a 13.7% discount to the NAV estimate, reflecting an attractive valuation.
Bears Say
Leasing SpreadsLeasing spreads were 11.4% in the quarter, a drop from 20.3% in Q1/24 and 16.1% in Q2/24, indicating a slowdown in rental growth.
Market ChallengesThe unit price has been under pressure and has declined 12% since Q2/24 results, suggesting market challenges.
Write-DownsInterRent recorded a $143.6 million write-down on investment properties during the quarter as the IFRS cap rate rose 15 bps q/q to 4.49%.
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Options Prices
Currently, No data available
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Ownership Overview
5.92% Insiders
0.47%
Mutual Funds
<0.01% Other Institutional Investors
83.18% Public Companies and
Individual Investors
IIP.UN FAQ
What was Interrent Reit Un’s price range in the past 12 months?
Interrent Reit Un lowest stock price was C$9.40 and its highest was C$13.20 in the past 12 months.
What is Interrent Reit Un’s market cap?
Interrent Reit Un’s market cap is C$1.68B.
When is Interrent Reit Un’s upcoming earnings report date?
Interrent Reit Un’s upcoming earnings report date is May 15, 2025 which is in 11 days.
How were Interrent Reit Un’s earnings last quarter?
Interrent Reit Un released its earnings results on Feb 25, 2025. The company reported -C$0.724 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.724.
Is Interrent Reit Un overvalued?
According to Wall Street analysts Interrent Reit Un’s price is currently Undervalued.
Does Interrent Reit Un pay dividends?
Interrent Reit Un pays a Monthly dividend of C$0.384 which represents an annual dividend yield of 3.39%. See more information on Interrent Reit Un dividends here
What is Interrent Reit Un’s EPS estimate?
Interrent Reit Un’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Interrent Reit Un have?
Interrent Reit Un has 147,503,400 shares outstanding.
What happened to Interrent Reit Un’s price movement after its last earnings report?
Interrent Reit Un reported an EPS of -C$0.724 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 2.188%.
Which hedge fund is a major shareholder of Interrent Reit Un?
Currently, no hedge funds are holding shares in TSE:IIP.UN
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InterRent REIT Un Stock Smart Score
Neutral
1
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5
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$12.79 (12.59% Upside)
C$12.79 (12.59% Upside)
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.18%
12-Months-Change
Fundamentals
Return on Equity
-6.27%
Trailing 12-Months
Asset Growth
-5.43%
Trailing 12-Months
Company Description
Interrent Reit Un
InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. InterRent's strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions. InterRent's primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.
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IIP.UN Stock 12 Month Forecast
Average Price Target
C$12.79
▲(12.59% Upside)
Technical Analysis
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