InterRent Real Estate Investment Trust (IIPZF) Stock Price, News & Analysis

Company Overview

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. InterRent's primary objectives are to use the proven industry experience of the Trustees,?Management and Operational Team to: (i)?to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii)?to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii)?to maintain a conservative payout ratio and balance sheet.

Key Stats

• Today's Range: $7.11 to $7.11
• 50-Day Range: $7.11 to $8.88
• 52-Week Range: $7.11 to $10.08
• Volume: 25,073 shs
• Average Volume: 10,191 shs
• Market Capitalization: $1.05 billion
• P/E Ratio: N/A
• Dividend Yield: 4.08%
• Price Target: N/A
• Consensus Rating: Strong Buy

InterRent Real Estate Investment Trust Stock Analysis - MarketRank™

InterRent Real Estate Investment Trust scored higher than 9% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for InterRent Real Estate Investment Trust.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of InterRent Real Estate Investment Trust is -64.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of InterRent Real Estate Investment Trust is -64.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

InterRent Real Estate Investment Trust has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.81% of the outstanding shares of InterRent Real Estate Investment Trust have been sold short.

Short Interest Ratio / Days to Cover

InterRent Real Estate Investment Trust has a short interest ratio ("days to cover") of 363, which indicates bearish sentiment.

Change versus previous month

Short interest in InterRent Real Estate Investment Trust has recently increased by 0.32%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

InterRent Real Estate Investment Trust is a leading dividend payer. It pays a dividend yield of 3.99%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

InterRent Real Estate Investment Trust does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.81% of the outstanding shares of InterRent Real Estate Investment Trust have been sold short.

Short Interest Ratio / Days to Cover

InterRent Real Estate Investment Trust has a short interest ratio ("days to cover") of 363, which indicates bearish sentiment.

Change versus previous month

Short interest in InterRent Real Estate Investment Trust has recently increased by 0.32%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

InterRent Real Estate Investment Trust has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for InterRent Real Estate Investment Trust this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, InterRent Real Estate Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.80% of the stock of InterRent Real Estate Investment Trust is held by insiders.

IIPZF Stock Analysis - Frequently Asked Questions

How have IIPZF shares performed this year?

InterRent Real Estate Investment Trust's stock was trading at $9.9225 on January 1st, 2024. Since then, IIPZF shares have decreased by 28.3% and is now trading at $7.11.
View the best growth stocks for 2024 here.

How do I buy shares of InterRent Real Estate Investment Trust?

Shares of IIPZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:IIPZF
• Previous Symbol: OTC:IIPZF
• CUSIP: N/A
• CIK: N/A
• Web: www.interrentreit.com
• Phone: (613) 569-5699
• Fax: N/A
• Employees: 435
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.11)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $68.33 million
• Net Margins: -8.47%
• Pretax Margin: -8.24%
• Return on Equity: -0.81%
• Return on Assets: -0.47%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 1.19
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: $175.65 million
• Price / Sales: 5.98
• Cash Flow: $0.46 per share
• Price / Cash Flow: 15.45
• Book Value: $13.17 per share
• Price / Book: 0.54

Miscellaneous

• Outstanding Shares: 147,764,000
• Free Float: 137,586,000
• Market Cap: $1.05 billion
• Optionable: Not Optionable
• Beta: 0.73