National Bank Financial Comments on InterRent REIT Q4 Earnings

InterRent REIT (TSE:IIP) – Equities researchers at National Bank Financial issued their Q4 2024 EPS estimates for shares of InterRent REIT in a note issued to investors on Sunday, December 15th. National Bank Financial analyst M. Kornack expects that the company will post earnings per share of $0.16 for the quarter. National Bank Financial also issued estimates for InterRent REIT’s FY2026 earnings at $0.68 EPS.

A number of other equities analysts have also recently commented on the company. TD Securities raised InterRent REIT from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 6th. Raymond James lowered InterRent REIT from a “strong-buy” rating to a “moderate buy” rating in a research note on Tuesday, November 5th.

InterRent REIT Price Performance

InterRent REIT has a 1-year low of C$7.31 and a 1-year high of C$10.19.

InterRent REIT Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.032 per share. This represents a $0.38 dividend on an annualized basis and a yield of ∞. The ex-dividend date was Thursday, October 31st.

About InterRent REIT

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).