Analysts Set Expectations for InterRent REIT Q4 Earnings

InterRent REIT (TSE:IIP) – Equities research analysts at National Bank Financial issued their Q4 2024 earnings estimates for shares of InterRent REIT in a report issued on Sunday, December 15th. National Bank Financial analyst M. Kornack anticipates 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.

A number of other research analysts have also recently commented on IIP. Raymond James cut InterRent REIT from a “strong-buy” rating to a “moderate buy” rating in a report on Tuesday, November 5th. TD Securities upgraded shares of InterRent REIT from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 6th.

InterRent REIT Stock Performance

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

InterRent REIT Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were issued a $0.032 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.38 annualized dividend and a dividend yield of ?.

About InterRent REIT

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).