IIP.UN — InterRent Real Estate Investment Trust Share Price
0.000.00%
Last trade - 00:00- CA$1.77bn
- CA$3.49bn
- CA$237.14m
- 67
- 55
- 77
- 73
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 18.85 | ||
| PEG Ratio (f) | 11.37 | ||
| EPS Growth (f) | 1.69% | ||
| Dividend Yield (f) | 3.2% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 0.69 | ||
| Price to Tang. Book | 0.69 | ||
| Price to Free Cashflow | 19.78 | ||
| Price to Sales | 7.47 | ||
| EV to EBITDA | 24.85 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 1.8% | ||
| Return on Equity | 3.64% | ||
| Operating Margin | 33.75% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | CA$m | 145.3 | 159.96 | 185.15 | 216.4 | 237.13 | 256.28 | 270.85 | 13.25% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +55.17 | -65.94 | +131.98 | -72.22 | -12.3 | -1.75 | +9.68 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
InterRent Real Estate Investment Trust is a real estate investment trust. It is engaged in acquisition, ownership, management and repositioning of strategically located, income-producing, multi-residential properties. Its primary objectives are to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; to provide Unitholders with sustainable and growing cash distributions, payable monthly, and to maintain a conservative payout ratio and balance sheet. The Company's portfolio of properties is located across various locations, such as Ajax, Brossard, Gatineau, Hamilton, Mississauga, Montreal, Oakville, Ottawa, St. Catharines, Stratford, Toronto, Trenton, and Vancouver. Its properties include 10 - 14 REID DRIVE, 100 MAIN STREET, 1015 ORCHARD, 1170 FENNELL AVENUE, 1276 DORCHESTER AVENUE, and 15 DON STREET. It also owns a 605-suite apartment community at 2 & 4 Hanover Road in Brampton, Ontario.
Directors
- Paul Amirault NEC
- Bradley Cutsey PRE (48)
- Mike McGahan CEO
- Curt Millar CFO
- Dave Nevins COO
- Chris Willoughby VPR
- Paul Bouzanis IND
- John Jussup IND
- Ronald Leslie IND
- Cheryl Pangborn IND
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- January 1st, 1970
- Public Since
- October 5th, 2001
- No. of Employees
- 474
- Sector
- Residential & Commercial REITs
- Industry
- Financials
- Exchange
- Toronto Stock Exchange
- Shares in Issue
- 147,345,912
- Address
- 485 Bank St Suite 207, OTTAWA, K2P 1Z2
- Web
- https://www.interrentreit.com/
- Phone
- +1 6135695699
- Auditors
- RSM Canada LLP
Upcoming Events for IIP.UN
Dividend For IIP_u.TO - 0.0315 CAD
Q1 2024 InterRent Real Estate Investment Trust Earnings Release
Q1 2024 InterRent Real Estate Investment Trust Earnings Call
InterRent Real Estate Investment Trust Annual Shareholders Meeting
Q2 2024 InterRent Real Estate Investment Trust Earnings Release
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FAQ
What is the InterRent Real Estate Investment Trust share price?
As of Today at 19:11 UTC, shares in InterRent Real Estate Investment Trust are trading at CA$12.03. This share price information is delayed by 15 minutes.
How has the InterRent Real Estate Investment Trust share price performed this year?
Shares in InterRent Real Estate Investment Trust last closed at CA$12.03 and the price had moved by -6.53% over the past 365 days. In terms of relative price strength the InterRent Real Estate Investment Trust share price has underperformed the Toronto Stock Exchange 300 Composite Index by -11.3% over the past year.
What are the analyst and broker recommendations for InterRent Real Estate Investment Trust?
The overall consensus recommendation for InterRent Real Estate Investment Trust is Buy. You can view the full broker recommendation list by unlocking its StockReport.
What is the InterRent Real Estate Investment Trust dividend yield?
The InterRent Real Estate Investment Trust dividend yield is 3% based on the trailing twelve month period.
Does InterRent Real Estate Investment Trust pay a dividend?
Last year, InterRent Real Estate Investment Trust paid a total dividend of CA$0.36, and it currently has a trailing dividend yield of 3%.Looking ahead, shares in InterRent Real Estate Investment Trust are due to go ex-dividend on 2024-04-29 and the next dividend pay date is 2024-05-15.
When does InterRent Real Estate Investment Trust next pay dividends?
InterRent Real Estate Investment Trust are due to go ex-dividend on 2024-04-29 and the next dividend pay date is 2024-05-15. The historic dividend yield on InterRent Real Estate Investment Trust shares is currently 3%.
How do I buy InterRent Real Estate Investment Trust shares?
To buy shares in InterRent Real Estate Investment Trust you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of InterRent Real Estate Investment Trust?
As of the previous close price of CA$12.03, shares in InterRent Real Estate Investment Trust had a market capitalisation of CA$1.77bn.
Where are InterRent Real Estate Investment Trust shares listed?
Here are the trading details for InterRent Real Estate Investment Trust:
- Country of listing: Canada
- Exchange: TOR
- Ticker Symbol: IIP.UN
What kind of share is InterRent Real Estate Investment Trust?
Based on an overall assessment of its quality, value and momentum InterRent Real Estate Investment Trust is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a InterRent Real Estate Investment Trust share price forecast for 2024?
The analyst consensus target price for shares in InterRent Real Estate Investment Trust is CA$15.18. That is 26.18% above the last closing price of CA$12.03.
Analysts covering InterRent Real Estate Investment Trust currently have a consensus Earnings Per Share (EPS) forecast of CA$0.62 for the next financial year.
What is the trend in the InterRent Real Estate Investment Trust share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like InterRent Real Estate Investment Trust. Over the past six months, its share price has underperformed the Toronto Stock Exchange 300 Composite Index by -13.81%.
As of the last closing price of CA$12.03, shares in InterRent Real Estate Investment Trust were trading -6.57% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the InterRent Real Estate Investment Trust PE Ratio?
The InterRent Real Estate Investment Trust PE ratio based on its reported earnings over the past 12 months is 18.85. The shares last closed at CA$12.03.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of InterRent Real Estate Investment Trust?
InterRent Real Estate Investment Trust's management team is headed by:
- Paul Amirault - NEC
- Bradley Cutsey - PRE
- Mike McGahan - CEO
- Curt Millar - CFO
- Dave Nevins - COO
- Chris Willoughby - VPR
- Paul Bouzanis - IND
- John Jussup - IND
- Ronald Leslie - IND
- Cheryl Pangborn - IND