Brokers Offer Predictions for InterRent REIT’s Q2 2025 Earnings (TSE:IIP)

Posted by Trina Covell on Apr 25th, 2024

InterRent REIT (TSE:IIP – Free Report) – Raymond James reduced their Q2 2025 earnings estimates for InterRent REIT in a research note issued on Wednesday, April 24th. Raymond James analyst B. Sturges now expects that the company will earn $0.17 per share for the quarter, down from their previous forecast of $0.18. Raymond James also issued estimates for InterRent REIT’s FY2025 earnings at $0.69 EPS.

InterRent REIT Stock Performance

InterRent REIT has a fifty-two week low of C$7.31 and a fifty-two week high of C$10.19.

InterRent REIT (TSE:IIP – Get Free Report) last posted its quarterly earnings data on Thursday, February 29th. The company reported C$0.19 earnings per share for the quarter, topping the consensus estimate of C$0.14 by C$0.05. The firm had revenue of C$61.88 million for the quarter, compared to the consensus estimate of C$60.48 million.

InterRent REIT Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be issued a $0.032 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a $0.38 dividend on an annualized basis and a dividend yield of ∞.

InterRent REIT Company Profile

(Get Free Report)

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).