Weekly Analysts’ Ratings Updates for InterRent Real Estate Investment Trust (IIP.UN)

Several brokerages have updated their recommendations and price targets on shares of InterRent Real Estate Investment Trust (TSE: IIP.UN) in the last few weeks:

• 2/26/2025 – InterRent Real Estate Investment Trust had its price target raised by analysts at National Bankshares, Inc. from C$12.00 to C$12.25. They now have an “outperform” rating on the stock.
• 2/26/2025 – InterRent Real Estate Investment Trust had its price target lowered by analysts at Royal Bank of Canada from C$15.00 to C$14.50. They now have an “outperform” rating on the stock.
• 2/26/2025 – InterRent Real Estate Investment Trust had its price target lowered by analysts at Scotiabank from C$12.50 to C$12.25. They now have an “outperform” rating on the stock.
• 2/26/2025 – InterRent Real Estate Investment Trust had its price target lowered by analysts at CIBC from C$15.00 to C$13.50. They now have an “outperform” rating on the stock.
• 2/26/2025 – InterRent Real Estate Investment Trust had its price target lowered by analysts at Raymond James from C$13.00 to C$12.50. They now have an “outperform” rating on the stock.
• 2/26/2025 – InterRent Real Estate Investment Trust had its price target raised by analysts at Canaccord Genuity Group Inc. from C$12.00 to C$12.50. They now have a “buy” rating on the stock.
• 1/13/2025 – InterRent Real Estate Investment Trust had its price target lowered by analysts at Raymond James from C$14.00 to C$13.00.

InterRent Real Estate Investment Trust Trading Up 0.6 %

Shares of IIP.UN traded up C$0.06 during midday trading on Wednesday, hitting C$10.05. 411,336 shares of the stock were exchanged, compared to its average volume of 395,111. InterRent Real Estate Investment Trust has a 52-week low of C$9.40 and a 52-week high of C$14.40. The company has a debt-to-equity ratio of 63.59, a quick ratio of 0.04 and a current ratio of 0.43. The stock has a fifty day simple moving average of C$9.96 and a 200 day simple moving average of C$11.12. The firm has a market cap of C$1.49 billion, a P/E ratio of -502.50 and a beta of 1.13.

InterRent Real Estate Investment Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, February 18th. Investors of record on Tuesday, February 18th were issued a $0.0331 dividend. The ex-dividend date was Friday, January 31st. This represents a $0.40 dividend on an annualized basis and a yield of 3.95%. InterRent Real Estate Investment Trust’s dividend payout ratio (DPR) is presently -1,900.00%.

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.