InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Issues Earnings Results

Posted by Max Byerly on Feb 25th, 2025

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF – Get Free Report) issued its earnings results on Monday. The company reported ($0.52) earnings per share (EPS) for the quarter, Zacks reports. InterRent Real Estate Investment Trust had a negative return on equity of 0.81% and a negative net margin of 8.47%.

InterRent Real Estate Investment Trust Stock Performance

Shares of InterRent Real Estate Investment Trust stock opened at $6.95 on Tuesday. The company has a market capitalization of $1.03 billion, a PE ratio of -63.18 and a beta of 0.75. The company has a 50-day simple moving average of $7.04 and a two-hundred day simple moving average of $8.15. InterRent Real Estate Investment Trust has a one year low of $6.57 and a one year high of $10.01. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.19.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Cibc World Mkts upgraded shares of InterRent Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 6th. TD Securities upgraded InterRent Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 6th. Finally, Canaccord Genuity Group upgraded InterRent Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 5th.

Check Out Our Latest Analysis on InterRent Real Estate Investment Trust

About InterRent Real Estate Investment Trust

(Get Free Report)

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.